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Founder of ORNGE Chris Mazza fired
The news came as ORNGE placed ORNGE Global, the for-profit entity Mazza created, into bankruptcy. Also terminated was Maria Renzella, chief operating officer of ORNGE Global. ORNGE said no severance package has been offered to either.
Updated: 02/02/2012 06:20P
550 claims against Milwaukee archdiocese
2 (UPI) -- Some 550 people have filed sex-abuse claims against the Archdiocese of Milwaukee by the deadline for doing so in the archdiocese's bankruptcy proceedings. That's by far the highest number of claims filed among the eight Catholic diocesan
Updated: 02/02/2012 06:08P
Saab Museum collection heads for auction as part of company's liquidation
"The sad reality of the situation is, the company is in bankruptcy proceedings, and the receivers will do what they can to maximize the value," "Quite a few of the cars are significant. The best outcome is that a collector or museum would buy the whole
Updated: 02/02/2012 06:08P
Filers: Claims against Wis. church not about money
He said Milwaukee courts traditionally haven't been as sympathetic to abuse victims, and any cash pool would be divided among an unusually large number of claimants. Kirchen said he hasn't thought about how much money he might get.
Updated: 02/02/2012 05:37P
WREX.com – Rockford's News LeaderFilers: Claims against Wis. church not about
The archdiocese filed for bankruptcy protection last year, saying pending sex-abuse lawsuits could leave it with debts it couldn't afford. As part of the filing, all sex-abuse victims were given until Wednesday to file a claim seeking monetary damages.
Updated: 02/02/2012 05:30P
Bankrupt Kodak gives up Oscars sponsorship
From: AP EASTMAN Kodak Co. wants to end its contract for naming rights to the glamorous Los Angeles theatre that hosts the Academy Awards as it tries to improve its financial position enough to move out of bankruptcy.
Updated: 02/02/2012 05:28P
New Jersey HeraldFilers: Claims against Wis. church not about money
The archdiocese filed for bankruptcy protection last year, saying pending sex-abuse lawsuits could leave it with debts it couldn't afford. As part of the filing, all sex-abuse victims were given until Wednesday to file a claim seeking monetary damages.
Updated: 02/02/2012 05:22P
Kodak wants company name off LA home of Oscars broadcast
The photography pioneer's financial advisers say the benefits of having the company's name on the 3300-seat Kodak Theatre aren't worth the contract's cost, according to a motion filed in US Bankruptcy Court this week. Under the contract with CIM Group
Updated: 02/02/2012 05:01P
Ally CEO Carpenter Says IPO on Hold Until Mortgage Woes Ease
The firm may seek bankruptcy for ResCap in preparation for an initial public offering that will help repay $17.2 billion of US aid, people familiar with the matter said earlier this month. "My objective is to protect the value of Ally and to support
Updated: 02/02/2012 04:59P
Sony Is Weak, Sliding Downhill & Gathering Speed To Their Demise
By David Richards | Friday | 03/02/2012 COMMENT: Back in 1997 when Apple was facing the real possibility of Chapter 11 bankruptcy, Sony was the high flying kid on the block, Sony Trinitron TV's were popular so was their portable music player,
Updated: 02/02/2012 04:39P
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