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Stars Sold: Bankruptcy Court Approves Sale to Gaglardi
As for the Stars, they've been on the market for a while, but a bankruptcy court today approved the sale of the team and its prepackaged bankruptcy plan to Vancouver businessman Tom Gaglardi. Gaglardi's bid for the team is reportedly in the
Updated: 11/19/2011 12:39A

California: Crystal Cathedral Will Be Sold to Catholic Diocese
A bankruptcy judge has allowed the Roman Catholic Diocese of Orange to buy the Crystal Cathedral, the megachurch where the "Hour of Power" religious program is filmed, for $57.5 million. The sale will allow Crystal
Updated: 11/19/2011 12:37A

Lack of leadership imperils American Airlines' future
When the board of the Allied Pilots Association rejected a tentative agreement on a new contract, American's stock price fell as low as $1.63, the debt was downgraded and the prospect of bankruptcy was officially put on the table.
Updated: 11/19/2011 12:29A

Tribune Co. Files Third Amended Bankruptcy Reorganization Plan
Aurelius Capital Management, Deutsche Bank Trust Co. Americas and Law Debenture Trust Co. of New York on Nov. 14 asked US Bankruptcy Judge Kevin Carey to reconsider some of the rulings he made in the 125-page Oct. 31 decision.
Updated: 11/19/2011 12:21A

NHL approves sales of Dallas Stars to Vancouver businessman Tom Gaglardi
That came after a US Bankruptcy Court in Delaware approved the deal. A spokesman for Gaglardi said he won't comment on the sale. It's estimated he bid US$265 million for the Stars. Heading into Friday night, Dallas had a record of 11-6-0.
Updated: 11/19/2011 12:20A

Tribune Co. Files Third Amended Bankruptcy Plan With Backing of Creditors
Aurelius Capital Management, Deutsche Bank Trust Co. Americas and Law Debenture Trust Co. of New York on Nov. 14 asked US Bankruptcy Judge Kevin Carey to reconsider some of the rulings he made in the 125-page Oct. 31 decision.
Updated: 11/19/2011 12:07A

Borders' last CEO takes helm at Oregon apparel startup
After riding out the bankruptcy of Ann Arbor-based Borders Group Inc., the company's final CEO, Mike Edwards, has turned his attention to the apparel business. Edwards was named chairman of Portland, Ore.-based Wicked Quick Industries
Updated: 11/19/2011 12:04A

A covered wagon journey for Jesus
After losing their jobs in the automotive industry, filing for bankruptcy, and losing their home, Mark and Deb Harris have decided to hit the road in a covered wagon. The two packed up all their belongings in the homemade
Updated: 11/19/2011 12:03A

Leetsdale's Hussey Copper auctioned for $107.7 million
Bankrupt Hussey Copper Ltd. of Leetsdale was sold to a unit of a New York private equity firm for $107.75 million during a bankruptcy court auction, according to court documents filed on Friday. Libertas Copper LLC, a unit of Patriarch Partners,
Updated: 11/19/2011 12:02A

Tribune Co. files new reorganization plan
But the judge also stirred up a fresh set of disputes when he ruled that a deeply subordinated class of noteholders known as the PHONES should be able to collect at least partial recovery of a claim with a face value of $1.2 billion.
Updated: 11/18/2011 11:54P

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