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Corbett's choice for Harrisburg receiver, David Unkovic, has ties to creditors
He also worked for the law firm Cozen O'Conner, which is fighting Harrisburg's bankruptcy petition on behalf of the state; and Harrisburg financial adviser Public Finance Management, which represented Dauphin County in financing incinerator debt.
Updated: 11/19/2011 01:13P
Tribune files revised reorg plan with bankruptcy court
Tribune filed for bankruptcy in December 2008, a year after real estate magnate Sam Zell took control of the company in a leveraged buyout that a court examiner found was potentially fraudulent and may have contributed to the company's insolvency.
Updated: 11/19/2011 12:57P
Ex-judge to represent B'ham in county bankruptcy
AP The mayor of Birmingham has accepted an offer made on talk radio by a retired federal judge to represent the city for free in Jefferson County's bankruptcy case. The Birmingham News reports ( http://bit.ly/u7C6Ua) Mayor William Bell on Friday
Updated: 11/19/2011 12:55P
Beacon Power Settles with Department of Energy Loan Programs Office
Since filing for bankruptcy protection on October 30, 2011, Beacon Power and its advisors had engaged in ongoing discussions with LPO advisors as to the Company's use of cash collateral and resolution of its loan obligation. Beacon requested that LPO
Updated: 11/19/2011 12:51P
Swiss Fincl Regulator Sees Need For More Measures - Report
While he said that supranational oversight with an international bankruptcy law can be imagined, Raaflaub said that this "is most likely wishful thinking." Raaflaub also said that Switzerland needs to improve investor protection.
Updated: 11/19/2011 12:35P
Greek government submits budget as EU/IMF team arrives (NEWS.GNOM.ES)
ES) – Greece's new government took a first step on Friday toward meeting terms of an international bailout needed to avoid bankruptcy, submitting a budget bill that foresees no new austerity measures next year as long as reforms are enacted.
Updated: 11/19/2011 12:15P
Crystal Cathedral's Hispanic Ministry to Look for New Home
When California's bankrupt Crystal Cathedral megachurch moves to a smaller location within three years, as per its deal with the new owner Roman Catholic Diocese of Orange, its Spanish-language ministry
Updated: 11/19/2011 12:10P
FOX wants Dodgers' Chapter 11 case dismissed
LOS ANGELES -- FOX Sports on Friday followed through with its stated intention by asking a court to dismiss the Dodgers' Chapter 11 bankruptcy case "for lack of good faith," a move that could scuttle the
Updated: 11/19/2011 11:59A
B'ham mayor accepts retired judge's offer to represent city for free in county
The mayor of Birmingham has accepted an offer made on talk radio by a retired federal judge to represent the city for free in Jefferson County's bankruptcy case. The Birmingham News reports (http://bit.ly/u7C6Ua ) Mayor William Bell on Friday accepted
Updated: 11/19/2011 11:57A
Ron Struthers: Timing The Gold Market (GLD, IAU, GDX, GDXJ, DZZ, GG, ABX, KGC
The only way to fix that problem is to settle the debt, liquidating to pay down and/or restructure defaulting on some or all of the debt as what happens in a bankruptcy. In the case of Greece, it's not called a bankruptcy, but when debt holders accept
Updated: 11/19/2011 11:32A
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