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What if the U.S. Postal Service went bankrupt and closed?
How would bankruptcy and closure of the US Postal System affect our lives and our society? The US Postal Service employs more than 500000 people. Its debt estimate is approximately $15 billion. The USPS overpaid its employee pension system by $75
Updated: 11/20/2011 04:40A
Tribune suits put public liability on trial
These cases will require a court to decide if using state courts to seek remedies not permitted in bankruptcy amounts to an end-run around a federal code designed to protect the integrity of the capital market system and to prevent the uncertainty that
Updated: 11/20/2011 04:15A
Former Artship in Vallejo sold for $1 at auction
Just hours before the SS Pacific Star, formerly the Artship, was auctioned off to the highest -- and only -- bidder, its beleaguered owner filed for federal Chapter 7 bankruptcy protection, court documents show. The ship was auctioned off in federal
Updated: 11/20/2011 04:03A
Fox Sports files suit against LA. Dodgers for TV rights
A Delaware bankruptcy judge is set to hear arguments on a request by Fox Sports Net West to delay consideration of the Los Angeles Dodgers' plan to sell media rights to future games. Fox, a division of Rupert Murdoch's News Corp., contends the planned
Updated: 11/20/2011 03:42A
Rebuilding after bankruptcy
Orleans has benefited, however, from support from real estate agents who continued to sell its homes during bankruptcy, and by vendors who continued working with the firm, Casey said. "This transformation is a huge one," he said.
Updated: 11/20/2011 03:34A
Suit in vast refi case wends through court | Philadelphia Inquirer | 2011-11-20
The Cira Centre in University City is home to Lubert-Adler Real Estate Funds, which has invested a reported $800 million in projects conceived and marketed by partner Bobby Ginn. Philadelphia investors Ira Lubert and Dean Adler were
Updated: 11/20/2011 03:08A
Kids 'stranded' as Spring Valley gym closes, files for bankruptcy
SPRING VALLEY — Nearly 200 children and their parents have been left in the lurch after a local gym shut its doors suddenly amid a bankruptcy filing. The Little Gym of Rockland, one of about 300 franchises affiliated with The Little Gym International
Updated: 11/20/2011 02:31A
'Baby Love' didn't cut it?
After the Solyndra LLC bankruptcy filing, the US Department of Energy is being tough on Beacon Power Corp., the company that built a flywheel plant in Stephentown and also got a DOE loan. When the Times Union asked a DOE spokesperson if the department
Updated: 11/20/2011 01:06A
Career Almanac
Art Parker joined as broker/Realtor. Mark Bernstein, retired of counsel in Parker Poe Adams & Bernstein LLP's Charlotte office, was honored with the Sally Ann Hall Spirit of the Symphony Award by the Charlotte Symphony for demonstrating a commitment to
Updated: 11/20/2011 12:29A
Reser's Fine Foods To Purchase Assets Of Orval Kent Food Company
by Reser's Fine Foods, Inc. Beaverton, Oregon - The US Bankruptcy Court for the District of Delaware accepted the bid from Reser's Fine Foods, Inc. (“Reser's”) to purchase substantially all of the assets and operations of Chef Solutions Inc. (“Chef
Updated: 11/20/2011 12:07A
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