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Several big names file for bankruptcy
The owners of Mama Lacona's Restaurant, a developer of a touted office complex in Windsor Heights and former Drake basketball star Dolph Pulliam have filed for liquidation of their debts under federal bankruptcy laws, court records show.
Updated: 02/04/2012 05:05A
Bank takes over Eagle Point Golf Course
Yet, when Galpin filed two Chapter 11 petitions in US Bankruptcy Court in Eugene this week, the 7099-yard championship course designed by Robert Trent Jones Jr. wasn't listed among his assets. That's because the course now belongs to PremierWest Bank,
Updated: 02/04/2012 05:02A
Bank takes over Eagle Point Golf Course
Yet, when Galpin filed two Chapter 11 petitions in US Bankruptcy Court in Eugene this week, the 7099-yard championship course designed by Robert Trent Jones Jr. wasn't listed among his assets. That's because the course now belongs to PremierWest Bank,
Updated: 02/04/2012 05:02A
Safety gear firm goes bankrupt
"Since 2008, when the manufacturing sector began shedding jobs, our sales have fallen 40 per cent and no business can survive that kind of drop," said Orme. "In Windsor, we've lost customers at Ford and General Motors because they've either scaled back
Updated: 02/04/2012 03:57A
Greek workers balk at pay cuts
AP ATHENS, Greece -- Greek unions and employers' associations on Friday rejected private-sector wage cuts, as demanded by the country's international bailout lenders if Athens is to receive a new rescue package and avoid bankruptcy.
Updated: 02/04/2012 03:50A
AA retiree committee aims to guard pensions
By DR STEWART World Staff Writer A former Transport Workers Union benefits representative with Trans World Airlines, Mazzara watched helplessly as billionaire Howard Hughes' former airline filed bankruptcy and terminated employee pension plans in 1992.
Updated: 02/04/2012 03:31A
Survivors of AA layoffs likely to keep salaries
Sometimes a business will skip this step and instead ask the court directly to impose specific contract terms, which is possible under section 1113 of the bankruptcy code. American doesn't want to do that, he said. Overall, American is looking to carve
Updated: 02/04/2012 03:31A
Pocket hotel avoids auction block
By Rick Daysog The day before it was headed for the auction block, the owner of Le Rivage Hotel placed the financially troubled riverfront hotel under bankruptcy protection. On Thursday, the luxury hotel's parent, Captain's Table Hotel LLC,
Updated: 02/04/2012 03:13A
Christ Hospital in N.J. Considers Bankruptcy Following Failed Merger
Christ Hospital in Jersey City, NJ, is considering Chapter 11 bankruptcy as a next step after Ontario, Calif.-based Prime Healthcare yesterday withdrew its offer for the struggling facility, according to a report by the Hudson Reporter.
Updated: 02/04/2012 03:00A
Metro Car Wash on Oracle files for Chap. 11 protection
Owner Sean Storer said the bankruptcy is a simple restructuring that he hopes is completed within weeks. He said no employees will be laid off and he expects to repay all his debt in full. "We just need a new amortization schedule, basically," Storer
Updated: 02/04/2012 02:39A
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