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EDITORIAL - Lessons from a bankrupt US city
The pieces were collected for the establishment of a museum, but they are to be auctioned off to help pay the city's debt. Last month, Harrisburg, the Pennsylvanian capital, filed for bankruptcy, the legitimacy of which a court will rule on this week.
Updated: 11/20/2011 12:02A
Bank of America: No Liquidity Problems Here, Move Along
I can't tell you how many times I have read that Bank of America's (BAC) recent sale of non-core assets points to a company in desperation and near bankruptcy (when in reality this divestiture has been talked about, and planned for the past several
Updated: 11/19/2011 10:31P
Airline hits up stranded passengers for fuel money
The Austrian charter service had just filed for bankruptcy. The flight crew needed to take up a collection of more than $31000 from the passengers to purchase enough fuel for the rest of the trip to Birmingham, England.
Updated: 11/19/2011 10:20P
Daddy's Junky Music bankruptcy filing to come
Staff photo by DON HIMSEL Daddy's Junky Music on Daniel Webster Highway in Nashua, alongh with three other New Hampshire locations, abruptly closed Wednesday. NASHUA – Daddy's Junky Music has not yet filed for bankruptcy,
Updated: 11/19/2011 08:24P
Kerry Katona shakes off money woes and will have bankruptcy lifted
It means she can be formally discharged from bankruptcy – and has told pals she is “relieved and proud” to have sorted out her finances. The news comes in the same week the ex-Atomic Kitten's bitter divorce from former drug dealer Mark Croft, 39,
Updated: 11/19/2011 07:32P
Tribune Co. files revised reorganization plan
That will depend, in part, on how US Bankruptcy Judge Kevin Carey responds to a new proposal in the plan that addresses a thorny set of disputes that has cropped up among junior creditors in the wake of his October ruling.
Updated: 11/19/2011 07:13P
Filing bankruptcy in Arizona: Stopping calls from creditors and debt collectors
stop when they file for bankruptcy. In fact, as soon as a client meets with me and retains me, I have him or her refer all these kinds of phone calls to me. Occasionally I encounter a persistent debt collector who refuses to comply with the law, and.
Updated: 11/19/2011 05:21P
Chicago Tribune files new reorganization plan (NEWS.GNOM.ES)
PK), the owner of the Los Angeles Times and Chicago Tribune newspapers, has filed a third reorganization plan with the US Bankruptcy Court in Delaware as the media company attempts to address concerns raised by the court last month.
Updated: 11/19/2011 05:17P
Rep. Price Introduces Bill to Provide Compensation to Poultry Producers with
to certain poultry producers whose poultry production contracts were terminated or not renewed because of the closure of poultry processing plants and other cost cutting measures undertaken by a poultry processing company in bankruptcy protection.
Updated: 11/19/2011 05:11P
Judge rejects Las Vegas Monorail budget plan
The Las Vegas Review-Journal reports that US Bankruptcy Court Judge Bruce Markell rejected Friday the monorail's plan to exit Chapter 11 bankruptcy because the terms "doom it to failure." Monorail officials had projected that if their savings plan was
Updated: 11/19/2011 04:50P
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