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U.S. Catholic diocese OK'd to buy 'Crystal Cathedral'
(Reuters) - A plan to sell Crystal Cathedral, a California mega-church known for its "Hour of Power" broadcasts, to a Roman Catholic diocese for $57.5 million was approved on Thursday by a US bankruptcy judge. Losing out in a bankruptcy bidding war for
Updated: 11/18/2011 02:11A
US Catholic diocese OK'd to buy 'Crystal Cathedral'
(Reuters) - A plan to sell Crystal Cathedral, a California mega-church known for its "Hour of Power" broadcasts, to a Roman Catholic diocese for $57.5 million was approved on Thursday by a US bankruptcy judge. Losing out in a bankruptcy bidding war for
Updated: 11/18/2011 02:06A
ELEKTROBIT CORP : TERRESTAR CORPORATION AND CERTAIN OF ITS PREFERRED
The objection includes a request to the United States Bankruptcy Court to disallow the portion of claims based on the guarantee and reduce the portion of claim based on the TerreStar Corporation's direct contractual obligations towards EB.
Updated: 11/18/2011 02:06A
Detroit City Council rushing to devise harder-hitting plan
"A successful bankruptcy allows the entity to breathe again, but no one walks out smiling," Bernstein said. "And the governor has come out and said he wouldn't do that." The emergency manager law was designed to keep municipalities out of bankruptcy
Updated: 11/18/2011 02:00A
For just 4 stations, Cumulus files a "pre-packaged bankruptcy"
Radio-Info.com believes the Chapter 11 (reorganization) filing affects only four stations: two in Houston-Beaumont and two Kansas City. They have been operated by Cumulus Media Inc., but were financed separately from it or its Cumulus Media Partners
Updated: 11/18/2011 01:58A
Sale OK'd for Crystal Cathedral
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 Judge Robert N. Kwan came after a bidding
Updated: 11/18/2011 01:58A
IMF: Swaziland on the verge of bankruptcy
Swaziland is yet to accept the R2.4 billion loan offered by South Africa. Although the Swazi government hasn't gone into too much detail about why it is delaying, it's thought that the conditions attached to the loan – specifically the ones that entail
Updated: 11/18/2011 01:58A
Energy Secretary Steven Chu's Solyndra Solar Testimony is a Total Fantasy
And I want to be clear: over the course of Solyndra's loan guarantee, I did not make any decision based on political considerations." This appears to be the actions of a person preparing to "take one for the [Obama] team." As could be imagined,
Updated: 11/18/2011 01:52A
TERRESTAR CORPORATION AND CERTAIN OF ITS PREFERRED SHAREHOLDERS FILED AN
The objection includes a request to the United States Bankruptcy Court to disallow the portion of claims based on the guarantee and reduce the portion of claim based on the TerreStar Corporation's direct contractual obligations towards EB.
Updated: 11/18/2011 01:50A
ELEKTROBIT : TERRESTAR CORPORATION AND CERTAIN OF ITS PREFERRED SHAREHOLDERS
The objection includes a request to the United States Bankruptcy Court to disallow the portion of claims based on the guarantee and reduce the portion of claim based on the TerreStar Corporation's direct contractual obligations towards EB.
Updated: 11/18/2011 01:48A