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MGM obtains fifth extension
A bankruptcy filing would likely take several months and likely result in laying some of its 400 staffers. MGM agreed last month to have Sony handle the
Updated: 05/13/2010 07:00P

Chrysler watching GM financing moves closely
Chrysler, which restructured in bankruptcy last year, is now run by Marchionne-led Fiat (FIA.MI) of Italy. Marchionne told reporters that Chrysler would
Updated: 05/13/2010 06:46P

Lawmakers pass bill to eliminate dog racing at Twin River
Twin River has been lobbying for the end of racing as key to emerging from bankruptcy protection. The bill needs the governor's signature, but officials at
Updated: 05/13/2010 06:20P

DOJ: Man Pleads Guilty In Scheme That Bankrupted US Mortgage Corp
US Mortgage and its CU National Mortgage LLC subsidiary commenced bankruptcy proceedings in 2009, shortly after law enforcement agents executed a search
Updated: 05/13/2010 06:16P

Judge: RRA depositions open to the public
Reporters are once again being allowed to cover an important deposition in the bankruptcy case of Ponzi schemer Scott Rothstein's former law firm.
Updated: 05/13/2010 06:03P

Operator of Atlantic City Trump casinos cuts first-quarter losses in half
Trump Entertainment bondholders backed by Donald Trump are buying the company out of bankruptcy for $225 million. A bankruptcy judge picked the bondholders
Updated: 05/13/2010 05:57P

Regulatory Reform Via Resolution: Maybe Not Sufficient, Certainly Necessary
Second, to avoid having to choose in the future between bailing out a failing, systemically critical firm or allowing its disorderly bankruptcy,
Updated: 05/13/2010 05:27P

Xerium Technologies Reports Court Confirmation of Prepackaged Plan of
The Company had filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code on March 30, 2010. The Company anticipates the plan of
Updated: 05/13/2010 05:21P

Blockbuster shares dive as cash worries mount
1 US movie rental chain teetering on the brink of bankruptcy, posted in-line quarterly revenue and profit, but worries about dwindling cash flows sent its
Updated: 05/13/2010 05:15P

AmerLink CEO pleads guilty to bankruptcy fraud
AmerLink's bankruptcy court case in Wilson has also changed from a Chapter 11 reorganization to a Chapter 7 liquidation. AmerLink had been in operation
Updated: 05/13/2010 05:08P

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