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ACLU raises questions about receivership law
Though Central Falls was the first Rhode Island municipality to file for state bankruptcy protection, it was not the first one to have the state intervene.
Updated: 07/23/2010 10:03P
Hedge Fund Owner in Rothstein Case Agrees to Surrender Bulk of Assets
It still must be approved by US Bankruptcy Judge Raymond Ray following a hearing to allow any other creditors to dissent. In what appears to be the largest
Updated: 07/23/2010 09:50P
Ford's sparkling profit portends brighter future, officials say
Ford survived the recession without filing for bankruptcy because it borrowed $23 billion in 2006. But that left the company with more debt than crosstown
Updated: 07/23/2010 09:22P
Citigroup Sold Protection on AIG to Goldman Sachs
15, 2008, was a division of Lehman Brothers Holdings Inc., which declared bankruptcy that day. Does this undermine Goldman's claim that it was 'fully
Updated: 07/23/2010 08:54P
Confidentiality Dispute in Tribune Bankruptcy
AP By RANDALL CHASE AP Business Writer The independent examiner appointed by a Delaware bankruptcy judge to probe the Tribune Co.'s 2007 leveraged buyout
Updated: 07/23/2010 07:57P
Judge allows travel firm to cancel bookings
The judge noted that, once a company goes into Chapter 11 bankruptcy protection, federal law temporarily prohibits parties from ending executionary
Updated: 07/23/2010 07:53P
Citigroup's Risk Chief Learned the Hard Way
In September, Lehman filed for bankruptcy protection. Soon after, Mr. Leach was among a half-dozen senior officials that negotiated Citi's $20 billion
Updated: 07/23/2010 07:00P
'Real Housewives' Teresa Giudice's bankruptcy garage sale: Will Danielle Staub
The trustee on her bankruptcy case claims she and her husband Joe have (shock) hidden personal assets. John Sywilok, whose job is to assess the Giudices'
Updated: 07/23/2010 06:57P
Doing the math: $1.47 trillion is worth...
The US can simply default on its debt and file bankruptcy. Let all those who hold US securities take the loss. The Chinese would lose about a trillion
Updated: 07/23/2010 06:54P
Cleveland Fed Goes Che: Advocates Debt Forgiveness Over Bankruptcy For
By guestposter The Cleveland Fed has spent another boatload of taxpayer money analyzing a topic so simplistic even a 5 year old would know the answer in
Updated: 07/23/2010 06:43P