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Area families wait to see YMCA's bankruptcy fate
It was to include athletic fields, three indoor basketball courts, a health center with fitness equipment, a play area for children, fitness classrooms, a karate dojo, meeting rooms and a swimming pool. Completion was expected in 2009.
Updated: 11/18/2011 05:40P
Warning: Bankruptcy liquidation sale not as advertised
GREENSBORO — The Better Business Bureau of Central NC is alerting consumers that a business presenting itself as a bankruptcy liquidator resembles a flea market. The Central Liquidators/Emergency Liquidation Center sale will be held this weekend and
Updated: 11/18/2011 05:32P
BCA Says Buy Munis As Yields Outweigh Risks
Even after the bankruptcy of Jefferson County, Ala., and the default by Harrisburg, Penn., defaults have fallen far short of the “hundreds of billions” predicted by analyst Meredith Whitney a year ago. According to Bloomberg, the year-to-date total of
Updated: 11/18/2011 05:29P
Judge rejects Monorail plan to emerge from bankruptcy
Bankruptcy Judge Bruce Markell in Las Vegas on Friday rejected the Las Vegas Monorail's latest plan to emerge from bankruptcy, saying its own numbers show it would be encumbered with twice as much debt as the Monorail is worth.
Updated: 11/18/2011 05:28P
BREAKING NEWS -- ORANGE DIOCESE ACQUIRES CRYSTAL CATHEDRAL
(Bishop Tod Brown issued the following letter today after a federal bankruptcy judge chose the Diocese of Orange as new owner of the Crystal Cathedral in Garden Grove. The diocese agreed to pay $57.5 million for the 40-acre site.
Updated: 11/18/2011 05:23P
UPDATE: Pa. Governor Names Receiver for Distressed Capital
Corbett filed a petition with the Commonwealth Court for David Uncovic, a lawyer and public finance expert, to be appointed as a receiver to oversee a financial overhaul of the city that cannot meet all its obligations as the primary guarantor of debt
Updated: 11/18/2011 05:15P
Harrisburg receiver has ties to Pa. city's creditors
Also in play is a bankruptcy petition that was submitted by a divided Harrisburg City Council in October. A hearing on the legality of that pleading will be held Nov. 23. Philadelphia attorney Mark Schwartz is representing the city council in its
Updated: 11/18/2011 05:13P
Clearwire shares plunge on default fears
Shares of the cash-strapped high-speed wireless firm dropped as low as $1.28 as investors worried that their fears about bankruptcy could be realized. The stock regained some ground to close at $1.47, down 20 per cent, on the Nasdaq Stock Market.
Updated: 11/18/2011 05:13P
West End Financial Founder Landberg Pleads Guilty to Fraud
West End Financial filed a plan of liquidation in bankruptcy court in New York in August after seeking Chapter 11 creditor protection in March. The criminal case is US v. Landberg, 10-cr-00538, US District Court, Southern District of New York
Updated: 11/18/2011 05:12P
Southern California homebuilder plans to file for bankruptcy protection
A Southern California homebuilder that developed hundreds of homes in the Sacramento area during the boom years said it plans to file for bankruptcy reorganization. William Lyon Homes of Newport Beach said Friday that it is soliciting
Updated: 11/18/2011 05:11P
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