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Grand Jury Says City Should Consider Bankruptcy
Also, "It is still untested whether or not the vested rights clause pertaining to pension benefits prevails in bankruptcy proceedings," said the report.
Updated: 06/08/2010 03:11P

Congoleum Wins Court Approval Of Its Reorganization Plan
According to court papers, there were 91000 known claimants with asbestos personal injury claims against Congoleum as of June 30, 2003.
Updated: 06/08/2010 02:55P

Potential new owner expects success with Amelia Island Plantation resort
A weak economy and lack of financing forced the owner of the Amelia Island Plantation into Chapter 11 bankruptcy last fall.
Updated: 06/08/2010 02:53P

Canwest receives extension of bankruptcy protection deadline until Sept. 8
(TSXV:CGS) says the Ontario Superior Court of Justice extended company's creditor protection from bankruptcy until Sept. 8. You can comment on most stories
Updated: 06/08/2010 02:49P

Halftime Pt. 2: BP Is Just Too Cheap, Says Widely Followed Hedgie
The danger, he says, is that BP could file bankruptcy. But he points out that shareholders were not hurt when Texaco filed for bankruptcy in the 1980s.
Updated: 06/08/2010 02:48P

Blockbuster Debt Falls as Bankruptcy Loan Offered, Analysts Say
Holders of Blockbuster's $630 million of 11.75 percent senior secured notes due in 2014 may offer a bankruptcy loan in exchange for most of the equity in
Updated: 06/08/2010 02:45P

Wilkie Farr & Gallagher Adds Pair to Bankruptcy Practice
Warren brings experience in banking and bankruptcy litigation with a focus on matters related to bankruptcy cases and litigation trust claims.
Updated: 06/08/2010 02:45P

WaMu shareholders file second motion for examiner
Bankruptcy Judge Mary Walrath had rejected the shareholders' previous request for an examiner on grounds that WaMu and its creditors had already conducted
Updated: 06/08/2010 02:40P

Experts See Continued Need For Health Care Restructurings
Declining investment returns and stingy insurance-reimbursement rates are contributing to distress
Updated: 06/08/2010 02:31P

BP (NYSE:BP): Declaring Bankruptcy
Andrew Ross Sorkin, writes that Wall Street is starting to look seriously at BP (NYSE:BP) and their potential to file bankruptcy. "The idea that BP might
Updated: 06/08/2010 02:30P

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