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Chapter 9 Bankruptcy
Chapter 9 bankruptcy, also called municipal bankruptcy, has only been employed around 500 times since its creation in 1934. However, over 12 of those filing
Updated: 05/19/2010 11:22A
Feds establish $800 million trust fund to clean up old GM sites
GM's bankruptcy created confusion over who would pay for cleanup at 90 contaminated sites around the country,
Updated: 05/19/2010 11:14A
Antioch city leaders warn of possible bankruptcy
ANTIOCH, CA (KGO) -- Antioch city leaders are admitting for the first time the city faces bankruptcy if it doesn't balance its budget.
Updated: 05/19/2010 11:12A
Do Tougher Bankruptcy Laws Increase Mortgage Defaults?
Then, in 2005, US bankruptcy laws became more stringent: The amount of home equity that was protected from creditors was subject to tougher rules, and,
Updated: 05/19/2010 11:12A
Henderson County development Seven Falls gets more time
ASHEVILLE ” A federal bankruptcy court judge on Tuesday gave the owner of the large Seven Falls residential development in Henderson County another 30 days
Updated: 05/19/2010 10:41A
Elgin Capital to Start Buying US Bankruptcy Loans for CLOs
May 19 (Bloomberg) -- Elgin Capital LLP, a London-based asset manager, said it plans to start buying high-yielding US bankruptcy loans for
Updated: 05/19/2010 10:37A
Germany Forges Ahead on Reforming the Euro
From suspending voting rights to national bankruptcy proceedings, the plan is far-reaching. The offensive now seems to have started in earnest.
Updated: 05/19/2010 10:36A
Ash could push airlines in Europe into mergers, bankruptcy
The continued disruption may push at least six European airlines into bankruptcy, said Owen Geach, commercial director of the IBA Group,
Updated: 05/19/2010 10:32A
Bankruptcies rise in Triangle counties
After dipping in March, Wake County bankruptcies were back on the way up in April, according to statistics compiled by the US Bankruptcy Court for the
Updated: 05/19/2010 10:26A
Tribune amends reorganization plan
The contending factions gave their conflicting views to the bankruptcy judge about the merits of the proposed settlement and how the opinions of the parties
Updated: 05/19/2010 10:13A