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Reader's Digest under fire
Not a bad start for a company barely a year out of bankruptcy. And, based on how Berner ended her prepared remarks, not a bad outlook either. "Although we have not yet reached an inflection point in terms of revenue trends," she said,
Updated: 02/03/2012 04:46P
Milwaukee archdiocese faces 550 abuse claims in bankruptcy proceeding
The claims were filed just before a deadline imposed by bankruptcy-court proceedings. The Milwaukee archdiocese filed for bankruptcy protection last year, citing the likely costs of sex-abuse settlements. The archdiocese has asked the court to dismiss
Updated: 02/03/2012 04:36P
Milwaukee archdiocese faces 550 abuse claims in bankruptcy proceeding
The claims were filed just before a deadline imposed by bankruptcy-court proceedings. The Milwaukee archdiocese filed for bankruptcy protection last year, citing the likely costs of sex-abuse settlements. The archdiocese has asked the court to dismiss
Updated: 02/03/2012 04:36P
Lichtin bankruptcy halts rent levy
A bankruptcy filing automatically prevents creditors from enforcing their rights to collect on debts, explains David Warren, a partner with the Poyner & Spruill law firm who specializes in debtor and creditor rights. “The county is no different from
Updated: 02/03/2012 04:28P
RI lawmakers representing Central Falls say city shouldn't have to pay
William Benson Jr., the City Council president, who was among the elected officials who unsuccessfully challenged the constitutionality of the receivership law, notes that it was Flanders who filed for bankruptcy on the city's behalf.
Updated: 02/03/2012 04:10P
NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com | AA
By Type By Specialty American Airlines' Tulsa maintenance base is looking at as many as 2100 layoffs. Every single Tulsa County resident is invested in this company and some of you may not even realize it. Tulsa County's financial commitment to
Updated: 02/03/2012 03:50P
Dynegy skips $7.5 million property tax payment on Newburgh power plants
The Houston-based energy giant, which has several subsidiaries currently in the midst of Chapter 11 bankruptcy proceedings in Poughkeepsie, chose not to pay the bill because it's uncertain who will eventually own the plants, said spokesperson Katy
Updated: 02/03/2012 03:43P
Sidley Austin Elects Six in New York to Partnership;
For purposes of the New York State Bar rules, this press release may be considered Attorney Advertising and the headquarters of the firm are Sidley Austin LLP 787 Seventh Avenue, New York, NY 10019, 212.839.5300 and Sidley Austin LLP One South Dearborn
Updated: 02/03/2012 03:39P
Kodak may end Oscar theatre sponsorship
The company filed for Chapter 11 bankruptcy protection two weeks ago. Keeping the name on the theater reportedly costs $4 million a year. The filing comes weeks before the Oscars ceremony on February 26. It's not clear if Kodak's name will be removed
Updated: 02/03/2012 03:37P
WR Grace Settles Bankruptcy Lawsuit
Recently resolved bankruptcy court litigation involving asbestos-product maker WRGrace & Co. will likely benefit the thousands of sick individuals who have brought mesothelioma lawsuits against the company. According to The Daily Inter Lake,
Updated: 02/03/2012 03:37P