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Former Alabama Supreme Court Chief Justice Roy Moore announces his candidacy for the office during a news conference in Montgomery, Ala., Tuesday, Nov. 22, 2011. Eight years after Moore was removed from the post because of the monument dispute,
Updated: 11/22/2011 01:09P
Solyndra unable to find a buyer, looks to sell assets separately
Instead, Solyndra is looking at a piecemeal sale of its assets, with separate auctions for its machinery and equipment, real estate and intellectual property. Solyndra officials told a US bankruptcy trustee Tuesday that no qualified bidders have come
Updated: 11/22/2011 01:08P
Ceiling Fell. Baby Died. Slumlords Paid Nothing
It's been four months since Apple Holdings LLC—one of New Haven slumlord Michael Steinbach's corporate aliases—was ordered to pay her $30665.50 in damages. Steinbach, on the other hand, continued to collect rent for her apartment from the government
Updated: 11/22/2011 01:07P
Jefferies Should Raise $1B in Equity: Egan-Jones
Jefferies Group Inc. (JEF) should raise $1 billion in equity and reduce leverage as MF Global Holdings Ltd.'s bankruptcy increases scrutiny of the investment bank's balance sheet, Egan-Jones Ratings Co.
Updated: 11/22/2011 01:06P
Trailer Bridge Lost $1.9 Million in Third Quarter
Trailer Bridge swung to a $1.9 million loss in the third quarter and the Jones Act carrier reiterated its confidence in being able to improve profitability through a Chapter 11 bankruptcy reorganization. The US-Puerto Rico carrier's profit fell from a
Updated: 11/22/2011 01:04P
Bankruptcy judge Thomas Bennett says receiver John S. Young has done 'great
US Bankruptcy Judge Thomas Bennett says court-appointed receiver John S. Young has performed well since taking office last year. During a US Bankruptcy Court hearing this week on Young's fate, Bennett said he thinks Young "has done a great job.
Updated: 11/22/2011 01:03P
No Bankruptcy Plan from Harrisburg
The city of Harrrisburg, Pennsylvania was given a deadline till last Monday by the bankruptcy court to submit a plan to resolve their $318 million debt. Unfortunately, the deadline came and went without any submission by the city.
Updated: 11/22/2011 01:03P
Labor Department May Sink Another $14 Million into Solyndra
The Labor Department's move is a tacit assertion that Solyndra's failure was due to competition from the Chinese, which has been the administration's and congressional Democrats' position since Solyndra declared bankruptcy in August.
Updated: 11/22/2011 01:02P
Complaints rise over bankruptcy petition writers
Pro se bankruptcy filings are on the rise in eastern Wisconsin, prompting complaints that petition writers are stepping in where only attorneys are allowed to tread. The federal bankruptcy code lets petition writers, who are not attorneys,
Updated: 11/22/2011 12:57P
Jefferson County Judge Questions Method to Split Sewer Cash
22 (Bloomberg) -- The judge overseeing Jefferson County, Alabama's bankruptcy questioned the process used to divide sewer revenue between payments to bondholders owed $3.1 billion and the operations of the insolvent system. US Bankruptcy Judge Thomas
Updated: 11/22/2011 12:55P
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