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Birmingham Mayor William Bell accepts UW Clemon offer to handle Jefferson
1 resolution demanding a bankruptcy filing and zero sewer rate increases in Jefferson County's sewer crisis, the Birmingham City Council had remained divided on what, if any, action the city itself should take. Jefferson County filed for Chapter 9
Updated: 11/19/2011 09:12A
Nordea Favors Restructuring for General Maritime, Dagens Says
General Maritime, the second-largest US owner of oil tankers, filed for bankruptcy protection from creditors Nov. 17 after falling oil demand and a surplus of ships led to two years of losses. US bankruptcy Judge Martin Glenn in Manhattan court
Updated: 11/19/2011 09:05A
They Just Don't Get Eastman Kodak!
WESTCHESTER COUNTY, NY (TheStreet) -- Eastman Kodak(EK) found an escape hatch from its troubles: selling off its online photo unit to help stave off bankruptcy. But a funny thing might happen on the way to
Updated: 11/19/2011 09:04A
Rosas bounce back after bankruptcy
The sons all held positions with Rosa's Home Stores, which left more than 1000 creditors when it filed for bankruptcy last December, but the Rosas say Home Furniture Gallery is a entirely separate enterprise. "It's a brand-new business -- it's brand
Updated: 11/19/2011 08:49A
EU agrees 2 percent budget rise for 2012 to 129 billion euros
More than two thirds of the EU budget is spent on subsidies for farmers and regional aid funds, which finance road construction, environmental clean-ups and other projects. But some EU officials said limiting the budget rise to forecast inflation for
Updated: 11/19/2011 08:03A
SME power contract with PLL EnergyPlus revealed
A long-hidden power contract between PPL EnergyPlus and the Southern Montana Electric Generation & Transmission Cooperative was released in bankruptcy court documents filed by the PPL arm earlier this week. In a contract set to end June 30, 2019,
Updated: 11/19/2011 07:01A
Police charge Old Forge businessman with theft-related charges
Mr. Domiano told police he filed for bankruptcy. Records from the US Bankruptcy Court for the Middle District of Pennsylvania indicate a Chapter 11 bankruptcy he filed in 2008 is still proceeding before the court. No information was available on Mr.
Updated: 11/19/2011 06:44A
Catholic Church steps in to buy iconic Crystal Cathedral
Bharath and Cassidy write that a federal bankruptcy judge was expected to rule Thursday whether Chapman University or the Roman Catholic Diocese of Orange County should buy the iconic Crystal Cathedral. The newspaper says that late Thursday evening US
Updated: 11/19/2011 06:30A
Vancouver's Gaglardi gets OK to buy Stars
The Dallas Stars hockey team won court approval of its bankruptcy reorganization, clearing the way for the team to be sold for $265 million to Vancouver businessman Tom Gaglardi. US Bankruptcy Judge Peter Walsh approved the plan at a hearing on Friday,
Updated: 11/19/2011 05:58A
Nasdaq to drop Trailer Bridge listing
Nov 19, 2011 (The Florida Times-Union - McClatchy-Tribune Information Services via COMTEX) -- Two days after filing for Chapter 11 bankruptcy, Jacksonville-based shipper Trailer Bridge has announced that its stock will be delisted.
Updated: 11/19/2011 05:20A
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