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Energy secretary, House GOP square off over Solyndra loan
WASHINGTON - The bankruptcy of Solyndra, the solar power company that took $528 million in government loans, was "extremely unfortunate," Energy Secretary Steven Chu told lawmakers Thursday, but he rejected a GOP call for an apology.
Updated: 11/17/2011 11:46P
O'Melveny & Myers LLP | Bankruptcy Court Determines Special Provisions
Section 365(n) the US Bankruptcy Code provides special protection to licensees of intellectual property, essentially permitting them to continue to enjoy the licensed rights notwithstanding rejection in the licensor's bankruptcy.
Updated: 11/17/2011 11:39P
Kodak hopes to sell online photo-sharing unit
The firm has suffered losses since 2008 and said it could seek as much as $500 million in financing. In a Securities and Exchange Commission filing, it said the ability to continue operations in the coming 12 months depended on an infusion of cash from
Updated: 11/17/2011 11:32P
PSC argues over entering Southern Montana Electric bankruptcy proceedings
HELENA - Montana's Public Service Commission members Thursday indulged in another binge of personal rancor and finger-pointing, this time over whether to get involved in a multimillion-dollar bankruptcy of an electric cooperative.
Updated: 11/17/2011 11:18P
Judge approves Crystal Cathedral sale to Catholic diocese
By AMY TAXIN Associated Press SANTA ANA - A federal judge on Thursday approved the sale of the Crystal Cathedral to the Roman Catholic Diocese of Orange to help the financially struggling megachurch emerge from bankruptcy. The decision by US Bankruptcy
Updated: 11/17/2011 11:08P
Crystal Cathedral to be Sold to Roman Catholic Diocese of Orange
By Julia Greenberg: Subscribe to Julia's RSS feed A federal bankruptcy judge approved the sale of Crystal Cathedral Ministries to the Roman Catholic Diocese of Orange Thursday. The sale of the megachurch came after a bidding war between the diocese and
Updated: 11/17/2011 11:07P
Panel Hears Defense of Loan to Solyndra
Clifford Stearns of Florida, chairman of the oversight and investigations subcommittee, which held the hearing, said, “it is readily apparent that senior officials in the administration put politics before the stewardship of taxpayer dollars.
Updated: 11/17/2011 11:02P
Crystal Cathedral Will Be Going Catholic
Credit Courtesy Crystal Cathedral Ministries A federal bankruptcy judge today approved a plan by the Orange County Roman Catholic Diocese to acquire the debt-ridden Crystal Cathedral in Garden Grove. The decision came after an hours-long hearing,
Updated: 11/17/2011 10:55P
Emotionally bankrupt, are you?
Those who exhibit traits of emotional bankruptcy are often oblivious to the fact that they come across rude and lacking empathy. This is also the perfect combination to sabotage relationships. Whether it's a defence mechanism or something your
Updated: 11/17/2011 10:55P
Judge approves Crystal Cathedral sale to diocese
A federal judge has approved the sale of the Crystal Cathedral to the Roman Catholic Diocese of Orange to help the financially struggling church emerge from bankruptcy. US Bankruptcy Court Judge Robert N. Kwan approved the sale at a hearing in Santa
Updated: 11/17/2011 10:53P