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Bankrupt Nortel Seeks Approval to End U.S. Retirees' Benefits in August
Nortel, based in Toronto, today asked a bankruptcy judge in Delaware overseeing the case to let it stop the benefits, which are costing the company $2
Updated: 06/21/2010 09:26P

Spyglass Emerges as Lead Candidate to Run MGM
Any deal would be executed in a "prepackaged" bankruptcy, in which a company lines up approval from many creditors in advance, with an eye toward spending
Updated: 06/21/2010 09:09P

Gatineau investment firm owners declare bankruptcy
a group of investors is trying to sue for allegedly defrauding its members of millions of dollars have declared personal bankruptcy, court heard Monday.
Updated: 06/21/2010 08:50P

OP man convicted of bankruptcy fraud
A federal jury today convicted an Overland Park man who operated an Olathe horse-training facility of eight counts of bankruptcy fraud and one count of
Updated: 06/21/2010 08:31P

5th Circuit Finds Bankruptcy Judges Can Certify Class Actions but Nixes Wells
Although a Texas bankruptcy court had the authority to certify a class action against Wells Fargo Bank, it stumbled in doing so, a federal appeals court has
Updated: 06/21/2010 08:19P

Debt settlement may provide a better alternative to bankruptcy
Many Americans saddled with an insurmountable amount of debt may initially consider filing for bankruptcy, but before doing so, they should consider debt
Updated: 06/21/2010 08:17P

Bankruptcy filings rose in May
A surge in personal bankruptcy cases led to a 7 percent increase in overall filings in May in South Central Texas.
Updated: 06/21/2010 07:03P

Bankruptcy Judge to Determine Value of Trinity Christian School
That is what a United States bankruptcy judge will have to decide at an August hearing. Judge Patrick Flatley held a hearing in Wheeling on Monday,
Updated: 06/21/2010 06:56P

Bids sought in securing old school
New Directions attorney Jacque Chosnek assisted in the bankruptcy filing in July of 2008. She said the building wasn't supposed to sit empty for this long.
Updated: 06/21/2010 06:40P

2 Colorado Chrysler dealers win at arbitration
Chrysler announced last year that it would shed 789 dealerships nationwide as part of a plan to emerge from bankruptcy protection, secure interim financing
Updated: 06/21/2010 06:30P

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