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Judge Ackerman resigns
Bogan Supply owes $1.3 million to 73 secured and unsecured creditors, according to paperwork filed with the US Bankruptcy Court in Pensacola.
Updated: 05/26/2010 01:02A

Investors sought for New York Chocolate assets
In mid-April, New York Chocolate filed for Chapter 11 bankruptcy protection. Chapter 11 is part of the United States Bankruptcy Code, which permits
Updated: 05/26/2010 01:00A

Italy approves austerity measures
have approved £20.8 billion in budget cuts for 2011-2012 to protect Italy from the market speculation that pushed Greece to the brink of bankruptcy.
Updated: 05/26/2010 12:52A

Catholic hospital closings plague the northeast
As the result of years of financial struggle, St. Vincent's Hospital in Manhattan filed for Chapter 11 bankruptcy protection leaving not a single Catholic
Updated: 05/26/2010 12:51A

Jeweler Esmerian faces forced bankruptcy petition from creditors
Esmerian previously filed for bankruptcy in April 2008 on behalf of the retail jeweler he owned, Fred Leighton Inc., in an effort to block Merrill Lynch
Updated: 05/26/2010 12:42A

Nortel May Raise as Much as $1.1 Billion From Selling Patents
A sale would add to the more than $2.8 billion Nortel has raised from selling assets in bankruptcy and be a boon to creditors, said Ehud Gelblum,
Updated: 05/26/2010 12:37A

Business Briefs: Vitacost.com Inc. sets June 2 as eligibility date to own stock
CHARLOTTE -- The bankruptcy restructuring by Crescent Resources, a developer based in Charlotte, will shed $1 billion in debt and cut the company's value by
Updated: 05/26/2010 12:35A

4 Reasons Municipal Bonds May Be Next Ticking Bomb
valued at $6 billion, which included a major default in Las Vegas, backed by a Monorail project, and a Chapter 9 bankruptcy in Vallejo, California.
Updated: 05/26/2010 12:27A

Lender targets SeedAmerica CEO
TAMPA - First, the tiny SeedAmerica Foundation fell into bankruptcy, unable to fulfill its charitable mission of bringing new life to
Updated: 05/26/2010 12:15A

Bi-Lo CEO sees 'stronger, more competitive' retailer
Supermarket giant Bi-Lo, which exited bankruptcy protection about two weeks ago, plans to offer a gasoline rewards program in the Chattanooga area as it
Updated: 05/26/2010 12:11A

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