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GunnAllen ready to declare Chapter 11
GunnAllen Financial Inc. is ready to file for bankruptcy protection, sources say. The move will leave hundreds of investors who have sued the ...
Updated: 04/25/2010 06:07A
Global Crossing CEO led the once-struggling company to a sharp turnaround
Legere brought the company, a phone service provider, back from the brink of bankruptcy. John Legere always knows where he is — whether competing in a ...
Updated: 04/25/2010 06:03A
President Obama calls for reforms and end of 'taxpayer bailouts' in wake of ...
The purpose of the automakers turning to the government (ie Bush Administration) for help was to avoid bankruptcy. As the late, great Jerry York said, ...
Updated: 04/25/2010 06:03A
For the Record
The following listings are selected from the most recent available filings by companies seeking bankruptcy protection in the Southern and Eastern Districts ...
Updated: 04/25/2010 06:00A
LyondellBasell to emerge from Chapter 11
LyondellBasell, which reported 2009 sales of $30.8 billion, had filed to reorganize under Chapter 11 of US bankruptcy law on January 6, 2009. ...
Updated: 04/25/2010 05:56A
US bankruptcy petitions jump to 1.4 mn in 2009
New York, Apr 25 (PTI) Notwithstanding the slow economic recovery, the number of bankruptcy petitions in the US last year soared to 1.4 million, ...
Updated: 04/25/2010 05:34A
THP back on the job in Whitfield Estates
US Bankruptcy Judge Stephen Raslavich approved an order on April 14 that allows THP to obtain a loan of up to $210000 from an unsecured creditors committee ...
Updated: 04/25/2010 04:02A
Former Lehman boss to defend accounting moves
AP The former chief executive of Lehman Brothers will tell House lawmakers Tuesday that he has no memory of an accounting maneuver that a bankruptcy ...
Updated: 04/25/2010 03:43A
Measure A: For fairness, vote 'no'
As for the city being forced into bankruptcy, that's hog wash. The city, on advice of its highly paid outside lawyers, chose to file bankruptcy with the ...
Updated: 04/25/2010 03:25A
GM still in the red with taxpayers
That amount, $45 billion from Uncle Sam and $8 billion from our northern neighbors, represents debt that was converted into stock during GM's bankruptcy. ...
Updated: 04/25/2010 02:47A