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Student Loans and the Second Recession
Whereas the homeowners who defaulted on their loans were able to declare bankruptcy in many cases, student loans cannot be discharged by bankruptcy.
Updated: 06/07/2010 03:00P

W Hotel-related bankruptcy expands
The companies filed "to become part of the comprehensive restructuring of the Prudential indebtedness that involves these entities as well as the other
Updated: 06/07/2010 02:59P

Corporate contemporary art for sale
25, pending bankruptcy court approval, the auction house said. The collection, which Sotheby's says is valued at more than $10 million, includes works by
Updated: 06/07/2010 02:51P

Google, Bank of America, Lehman, Nortel in Court
Lehman Brothers' CEO is currently in the middle of a lawsuit because he did not disclose Repo 105, which hid the fact that the company was in debt.
Updated: 06/07/2010 02:49P

GM reveals management stock awards
GM, which exited bankruptcy last summer, has been compensating executives with cash, salary stock and restricted stock. The precise value of the stock is
Updated: 06/07/2010 02:48P

New investor found for bankrupt German department store chain Karstadt
BERLIN (AP) - The bankruptcy administrator for German retailer Arcandor says a new investor has been found for its more than 120 department stores.
Updated: 06/07/2010 02:46P

Industrial distribution company completes acquisition of Alamo Iron Works
IDG made a bid for Alamo Iron Works after the San Antonio company filed for Chapter 11 bankruptcy protection back in April. The US Bankruptcy Court approved
Updated: 06/07/2010 02:37P

GM Establishes $100 Million Venture Capital Fund
Less than a year after it emerged from bankruptcy, General Motors reported that it has funded a venture capital company with an initial
Updated: 06/07/2010 02:29P

Bank of America's Countrywide to Pay $108 Million
Countrywide inflated claims against homeowners in bankruptcy, failed to provide notification of extra charges and didn't credit homeowners with payments
Updated: 06/07/2010 02:27P

Colonial BancGroup Asks to Keep Control of Bankruptcy
Colonial BancGroup is seeking more time to control its bankruptcy as it works to resolve ownership disputes over the assets of its
Updated: 06/07/2010 02:20P

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