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Catholic Diocese Approved to Buy 'Hour of Power' Church
By | November 18, 2011 3:02 AM EST 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.
Updated: 11/18/2011 03:03A
Immersion suits you, sirs!
The bank locked in a legal battle with Sean Quinn over liabilities of more than 2bn (£1.7bn) has officially launched its appeal against his UK bankruptcy. Survival One, part of Dunmurry-based Survitec Group, will design, manufacture and service a
Updated: 11/18/2011 03:00A
Stena lines up top award
The bank locked in a legal battle with Sean Quinn over liabilities of more than 2bn (£1.7bn) has officially launched its appeal against his UK bankruptcy. Ferry company Stena Line has clinched the title of Best Ferry Operator at the prestigious
Updated: 11/18/2011 03:00A
Bank starts challenge over Quinn bankruptcy
The bank locked in a legal battle with Sean Quinn over liabilities of more than 2bn (£1.7bn) has officially launched its appeal against his UK bankruptcy. The Quinn Group founder declared himself bankrupt in Belfast's High Court one week ago today,
Updated: 11/18/2011 03:00A
Gazprom pays $16k award to agricultural company
It was declared bankrupt in September and is undergoing bankruptcy procedure. The court accepted on Thursday adjustments of the claimed amount from Borki's bankruptcy administrator. The initial amount of 50.5 million rubles ($1.6 million) was reduced
Updated: 11/18/2011 02:53A
Italy's new government passes first confidence vote
By Colleen Barry and Frances D'Emilio AP ROME: Against the backdrop of anti-austerity protesters clashing with riot police, Italy's new premier appealed to Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged
Updated: 11/18/2011 02:36A
Tom Walsh: Dj vu: Detroit's financial crisis mirrors auto industry turmoil
Sorry to sound so apocalyptic, but the parallels between Detroit's immediate fiscal crisis and the auto industry's recent scary spiral into bailouts and bankruptcy are so striking that it's almost impossible to imagine the city stabilizing without a
Updated: 11/18/2011 02:30A
MF Global trustee to distribute $520 million to clients
US Bankruptcy Judge Martin Glenn approved the payout at a hearing Thursday in Manhattan. The payout is 60 per cent of the $869 million that was frozen since Oct. 31 across commodity customer accounts that contained only cash, the trustee James Giddens
Updated: 11/18/2011 02:21A
Chapman U. Loses Its Bid for the Bankrupt Crystal Cathedral's Campus
But in the end, a bankruptcy judge decided that the property would go to a rival bidder, the Roman Catholic Diocese of Orange County, The Orange County Register reported. Chapman, whose campus is three miles from the church property, wanted the site
Updated: 11/18/2011 02:16A
New Italian PM pledges to pursue reforms amid protests
Protesters clashed with riot police yesterday as Italy's new prime minister appealed to Italians to accept sacrifices to save their country from bankruptcy. Mario Monti pledged economic growth and greater social cohesion in return.
Updated: 11/18/2011 02:14A
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