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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles see all

Displaying items 1-5
  • Squatters complicate Detroit's plan to bulldoze vacant homes

    Chris Mathews' crew showed up this month to demolish one of the thousands of vacant homes destined for demolition as part of Detroit's grand plan to bulldoze its way to prosperity when a call from his office stopped them in their tracks: Someone was living there.
  • Atlantic City emergency manager to earn $135K

    ATLANTIC CITY, N.J. — Atlantic City, awash in debt and choking on high taxes, has a state-appointed emergency manager who'll be paid $135,000 a year to, among other things, oversee the mayor, who makes $103,000. The goal: To save money. In...

    Westport parcels sell for $6 million

    Westport parcels sell for $6 million
    After years of legal wrangling, Baltimore developer Patrick Turner lost his Westport dream and land in a moment. More than 40 acres of waterfront sold Wednesday for $6 million after a sole bid from the group that filed for foreclosure against Turner in...

    What really killed SkyMall

    What really killed SkyMall
    Say bon voyage to a friendly in-flight travel companion for the past 25 years. SkyMall has crashed. Last week, SkyMall LLC, which publishes the well-known in-flight catalog, and its parent company, Xhibit Corp., filed for Chapter 11 bankruptcy...

    Judge approves $20 million in new bankruptcy financing from Icahn for Trump Entertainment

    A federal judge in Delaware approved $20 million in new bankruptcy financing Wednesday for Trump Entertainment Resorts from billionaire investor Carl Icahn as the company continues to work to keep the struggling Taj Mahal casino in Atlantic City, New...