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Mediator will try to resolve Fox Sports-Dodgers dispute over media rights sale
A Delaware bankruptcy judge has appointed a mediator to try to resolve a dispute between Fox Sports and the Los Angeles Dodgers over the ball club's plan to sell media rights to future games. The judge entered an order Monday appointing the mediator
Updated: 11/21/2011 04:33P
Argentina's MetroGas Plans Dollar-Denominated Debt Swap
21 (Bloomberg) -- MetroGas SA, the Argentine gas distributor that's operating under bankruptcy protection, announced a plan to swap 53.2 percent of its existing debt with new bonds, according to a statement filed today to the Buenos Aires stock
Updated: 11/21/2011 04:33P
DeWaay facing bankruptcy because of DBSI lawsuits
Failed private placements issued by Medical Capital Holdings Inc. and Provident Royalties LLC have forced dozens of broker-dealers to close, be sold or seek bankruptcy protection. Now, failed real estate tenant-in-common syndicator DBSI
Updated: 11/21/2011 04:31P
Rensselaer County Energy Storage Facility Will Be Sold
ALBANY, NY (WAMC) - A Rensselaer County energy storage facility will be sold as part of Beacon Power's bankruptcy. The Tyngsboro, Massachusetts based energy storage company filed for bankruptcy three weeks ago after defaulting on a loan from the
Updated: 11/21/2011 04:19P
Receiver John S. Young says Jefferson County sewer rate increases required
Young is testifying at hearing in US Bankruptcy Court in Birmingham, where he has petitioned presiding Judge Thomas Bennett for an exemption to the suspension of his powers that was triggered by Jefferson County's Chapter 9 filing this month.
Updated: 11/21/2011 04:19P
Kings arena partner files for bankruptcy
21 (UPI) -- The Sacramento Kings' say the company that owns the naming rights for their arena is still on board despite filing for bankruptcy protection. Court documents revealed Monday Power Balance was seeking Chapter 11 bankruptcy protection in
Updated: 11/21/2011 04:14P
JeffCo, sewer receiver spar in court
Attorneys for Jefferson County and John Young, the court-appointed receiver for the sewer system, presented their arguments for control of the system before US Bankruptcy Judge Thomas Bennett. Jefferson County contends the county should regain control
Updated: 11/21/2011 04:12P
Jefferies Says Firm Makes More Cuts in European Holdings
21 (Bloomberg) -- Jefferies Group Inc., the investment bank whose stock dropped in the wake of MF Global Holdings Ltd.'s bankruptcy, cut stakes in European debt again to fend off speculation about its financial strength. "We have further reduced our
Updated: 11/21/2011 04:11P
General Motors Plans to Build Equinox SUVs in Reopened Former Saturn Plant
(GM), 28 months after its US-backed bankruptcy, said it will build Chevrolet Equinox sport-utility vehicles in a reopened Tennessee assembly plant that used to make cars for the now-defunct Saturn brand. GM will invest $61 million and add 685 hourly
Updated: 11/21/2011 04:02P
Power Balance Will Keep Making Wristbands Despite Bankruptcy And Massive Fraud
TMZ also said the company will be declaring bankruptcy and shutting down the business for good. According to sources, rumors of the company closing shop are completely baseless, and while the company is seeking voluntary protection under Chapter
Updated: 11/21/2011 04:00P