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Jefferson County Bankruptcy Judge Won't Oust Sewer Receiver
21 (Bloomberg) -- The judge overseeing Jefferson County, Alabama's bankruptcy case said he won't remove the court-appointed receiver who is running the county's insolvent sewer system. US Bankruptcy Judge Thomas B. Bennett instead will consider whether
Updated: 11/21/2011 12:11P
WBOC-TV 16, Delmarvas News Leader, FOX 21 - MF Global trustee says $1.2B or
Entertainment News from AP By AP The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month. The trustee, James Giddens,
Updated: 11/21/2011 12:10P
MF Global missing funds may hit $1.2 billion
MF Global (MFGLQ) was forced to file for bankruptcy last month after it disclosed $6.3 billion in exposure to troubled sovereign debt from weak European countries, sparking panic among investors. Government regulators later said that roughly $633
Updated: 11/21/2011 12:10P
Beacon to sell New York plant to repay Energy Department loan
Beacon Power, an energy storage firm that filed for bankruptcy last month, is planning to sell a New York plant in order to repay a $43 million loan guarantee the company received from the Energy Department
Updated: 11/21/2011 12:08P
After bankruptcy auction, Friendly's parent could go back to old owner
More often than not, a restaurant entity auctioned by the bankruptcy courts ends up changing hands, but that's not what is expected to happen when the assets of Friendly Ice Cream Corp., parent of 424-unit Friendly's, hit the block in December.
Updated: 11/21/2011 12:07P
MF Global Trustee: Up to $1.2 Billion May Be Missing
The trustee liquidating MF Global Holdings Ltd.'s broker-dealer unit said on Monday that the apparent "shortfall" of customer funds may be larger than the futures brokerage had reported prior to its bankruptcy. "The trustee believes that even if he
Updated: 11/21/2011 12:07P
This Stock Might Become Worthless in 6 Months
And with a seemingly casual disregard for the health of his business, he's brought it to the precipice of bankruptcy. In fact, there's a series of metrics that will appear on the company's balance sheet in the next two quarters that may spell the end
Updated: 11/21/2011 12:03P
Family Trust Broken: Local seniors victims of financial abuse
Church says she's seen seniors who have lost their home because of this problem. Some have even admitted this kind of financial problem causes them to lose their will to live. Care providers say they often see the same heartbreaking stories when
Updated: 11/21/2011 12:02P
Bankruptcy filings down in Wake, up in Orange and Durham
Triangle bankruptcy filings continued to trend downward in October, though an uptick in Durham and Orange County offset part of the larger decline in Wake County. A total of 318 households and businesses filed new bankruptcy petitions last month,
Updated: 11/21/2011 11:59A
Solyndra: Its technology and why it failed
Figure 2: The module construction employed by Solyndra is revealed in this cross-section view showing the inner tube coated with the photosensitive CIGS thin film covered with a coupling element to provide a light concentrating effect.
Updated: 11/21/2011 11:58A
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