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Ambac Financial shares plunge on bankruptcy fears
The company said if that happens, it may consider a negotiated restructuring of its outstanding debt through a prepackaged bankruptcy.
Updated: 06/10/2010 12:21A

Phoenix bankruptcy filings fall in May
Bankruptcy filings in the Phoenix metropolitan area fell in May for the second straight month. However, officials say the 2763 filings in the metro area
Updated: 06/10/2010 12:21A

Salander Auction Raises $2.1 Million, Third of Lots Goes Unsold
Proceeds from the 128 lots will benefit creditors of Salander-O'Reilly Galleries LLC, which declared bankruptcy in November 2007. As part of a settlement in
Updated: 06/10/2010 12:18A

BP Stock Drops to New Low as Oil Spill Cleanup Bills Mount
owners have complained that their claims have seen huge delays, excessive paperwork and poor payouts that have put them on the edge of bankruptcy.
Updated: 06/10/2010 12:18A

American Capital extends debt exchange offer, again
"Even though the possibility of bankruptcy still exists, we continue to believe the odds favor ACAS completing this restructuring out of court," Chiaverini
Updated: 06/10/2010 12:18A

Business Briefs
NEW YORK-- The stock market had another late-day slide, this time because of fears that the Gulf oil spill will send BP into bankruptcy court.
Updated: 06/10/2010 12:17A

Shoppes at Chino Hills retail center sold for $94.5 million
The Shoppes at Chino Hills retail center, which had fallen into bankruptcy 18 months after it was developed, has been sold to Chino
Updated: 06/10/2010 12:08A

The Deepwater Horizon: Bankruptcy for BP?
Helping motivate today's sell-off was a report in Fortune Magazine suggesting the oil spill and aftermath could push BP into bankruptcy.
Updated: 06/09/2010 11:52P

US Bankruptcy Court Judge Dennis E. Milton, 59, dies
He was a federal prosecutor and a US bankruptcy court judge. But Dennis E. Milton never forgot his roots. Since his graduation in 1961, Milton,
Updated: 06/09/2010 11:50P

The 'Too Big' Divide on Banks
The precedent-shattering rescues of Bear Stearns and American International Group, the catastrophic consequences of the Lehman Brothers bankruptcy and the
Updated: 06/09/2010 11:35P

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