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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 05:26P
Life After Lehman: Neuberger Berman Marks First Year of Freedom
Under the terms of the liquidation overseen by the US Bankruptcy Court for the Southern District of New York, Neuberger Berman was sold to its management
Updated: 06/08/2010 05:23P
Sale leaves Innatech plant's future up in air
The company had filed for Chapter 11 bankruptcy in March, citing the economic downturn and the cost of its unique manufacturing process.
Updated: 06/08/2010 05:21P
British American Insurance facing bankruptcy and charges
The bankruptcy petition argues that this makes it impossible for British American Insurance fulfill its social purpose and to address the responsibilities
Updated: 06/08/2010 05:16P
Performa Files Bankruptcy After Settlement
The same day a settlement was announced between the city of Memphis and Performa Entertainment, Performa filed for chapter 11 bankruptcy reorganization,
Updated: 06/08/2010 05:07P
Greektown Casino Hotel posts 7.2% drop in May revenue
The casino, poised to emerge from bankruptcy by the end of this month, has posted steady year-over-year increases through most of 2009 after declining
Updated: 06/08/2010 05:06P
Marquis Yachts in Pulaski Receives State Loans to Add Hundreds of Jobs
Marquis Yachts in Pulaski suffered a rough patch during the recession, laying off several hundred employees plus filing for bankruptcy.
Updated: 06/08/2010 05:03P
Millions in unpaid bills left in dust of Elevation Chandler bankruptcy
That is the largest unsecured claim in the list of creditors Cline filed with US Bankruptcy Court when he sought Chapter 11 protection in April 2008.
Updated: 06/08/2010 05:01P
RDA to Make Worldwide Cuts
Fresh from emerging from bankruptcy, Reader's Digest Association is cutting about 10 percent of headcount worldwide. In an internal announcement,
Updated: 06/08/2010 04:56P
City Finance Crisis Study Recommends Considering Bankruptcy, Leasing Out Parks
A municipal bankruptcy should also be examined, the grand jury said. But the citizens commission said it did not know if such a filing would mean a federal
Updated: 06/08/2010 04:52P
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