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Tribune Chapter 11 Plan Includes $15M In Executive Bonuses
The new bonuses, which cover 42 top executives, include nine of Tribune's 10 top-ranking corporate leaders, according to papers filed with the US Bankruptcy
Updated: 05/25/2010 04:31P
Madoff Investors, Banks Settle Over $15.5 Billion
The banks, which weren't identified, can be expected to try to recover some of the money they paid to settle clients' claims from the bankruptcy estate of
Updated: 05/25/2010 04:21P
Rangers See 'No Viable Option' Except Sale of Team
May 25 (Bloomberg) -- The Texas Rangers said there is no viable option? for the team except a $575 million bankruptcy
Updated: 05/25/2010 04:18P
Xerium Technologies Completes Balance Sheet Restructuring
The Company, which had filed a voluntary petition for relief under chapter 11 of the Bankruptcy Code on March 30, 2010, previously announced that the US
Updated: 05/25/2010 04:12P
That's a wrap: Parent company's bankruptcy spurs inventory sale at Hollywood Video
2 bankruptcy filing. The store is selling all its inventory and fixtures in a closing sale. The manager said there are about 12 employees, and more workers
Updated: 05/25/2010 04:08P
Bernie's Re-opening In Manchester Scrapped
Bernie's for bankruptcy protection in January, and liquidated 15 stores, including nine in Connecticut. Rosenberg, owner of the chain and son of its late
Updated: 05/25/2010 04:03P
Home Rangers¢‚¬„¢ Bankruptcy: Round 1 Loss
Traditional bankruptcies have to get approval of the creditors after the bankruptcy court makes its findings. Pre-packaged can be hashed out in about six
Updated: 05/25/2010 04:03P
Ex-CEOs Of Industrial Enterprises Accused Of Fraud
A shareholder lawsuit, originally filed in federal court in Manhattan in 2007, alleged the company engaged in accounting fraud by "materially overstating"
Updated: 05/25/2010 03:53P
Cohen Chairs Hearing on How to Protect Employees and Retirees in Business
The premise of bankruptcy is and should be 'shared pain, shared gain.'? Chapter 11 is a chapter of the United States Bankruptcy code that enables
Updated: 05/25/2010 03:52P
Keep debt settlement in Illinois
Debt settlement has helped thousands of Illinoisans with significant debt regain their financial footing “ without declaring bankruptcy “ by negotiating
Updated: 05/25/2010 03:52P