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Solar manufacturer Solyndra gets little interest from buyers, eyes auction of
A California solar panel manufacturer that received a half-billion dollar loan from the federal government has been unable to attract much interest in its operations and now hopes to sell its assets piecemeal. Officials with Fremont, Calif.
Updated: 11/22/2011 05:51P
Number of Bankruptcies fall in Tampa Bay Area
Business bankruptcies fell by 16.7% in the district while personal bankruptcies saw a drop of 14.7%. If you consider only Tampa alone, the percentages are also about the same, but the numbers are understandably lower compared to the whole Middle
Updated: 11/22/2011 05:39P
PSEG seeks Dynegy bankruptcy dismissal
Public Service Enterprise Group (NYSE: PEG) has filed court papers in New York saying the bankruptcy proceedings initiated by Dynegy Holdings LLC is a fraudulent attempt to enrich shareholders, including billionaire investor Carl Icahn.
Updated: 11/22/2011 05:33P
Corzine Called to Testify at House Hearing on MF Global Collapse
22 (Bloomberg) -- Jon S. Corzine, the former US senator and New Jersey governor who ran MF Global Holdings Ltd. until the firm filed bankruptcy last month, has been called to testify at a House hearing on the failure next month.
Updated: 11/22/2011 05:29P
Power Balance responds to TMZ report: "way off the mark"
The company has filed for Chapter 11 bankruptcy protection, but will stay in business, said Chris Thonis, a publicist speaking for Power Balance. “There are false rumors about Power Balance swirling around the internet today and I want to provide some
Updated: 11/22/2011 05:28P
Torre Has Had Talks About Buying Dodgers
It is a tantalizing thought as potential buyers queue up to acquire the team from Frank McCourt out of federal bankruptcy court: a former manager of the team as its part owner and maybe even its president.
Updated: 11/22/2011 05:27P
Analysis: GM options grim as it returns to Opel quagmire
Options for restructuring Opel range from bad to worse and could include a form of bankruptcy, analysts and bankers say. Costs will have to be slashed further, steps that could include politically charged job cuts and plant closures in Europe.
Updated: 11/22/2011 05:27P
MF Global Customers, Out $1.2 Billion, Denied Court Committee
22 (Bloomberg) -- MF Global Holdings Ltd. brokerage customers, who may be missing more than $1.2 billion from their accounts, won't be allowed to form a committee to represent their interests in bankruptcy court, a judge ruled.
Updated: 11/22/2011 05:27P
Facing bankruptcy, Postal Service raises rates for express and priority mail
WASHINGTON — The cash-strapped US Postal Service is raising rates for its more profitable express mail and priority mail shipping next year, part of its efforts to stave off bankruptcy. The new prices, which take effect Jan.
Updated: 11/22/2011 05:26P
Jefferson County Judge Ends Hearing, Doesn't Rule on Bonds
22 (Bloomberg) -- The judge overseeing Jefferson County, Alabama's bankruptcy ended a two-day court hearing without immediately deciding whether to limit the power of the receiver running the county's insolvent sewer system. US Bankruptcy Judge Thomas
Updated: 11/22/2011 05:26P
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