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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

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  • News of the Weird: Norway's Battle Against Chaos

    News of the Weird: Norway's Battle Against Chaos
    Norwegian public television (NRK), which introduced the now-legendary continuous, live log-burning show (12 hours long, with “color commentary” on the historical and cultural importance of fire), scheduled a new program for this week in its appeal to serenity (labeled “Slow TV”). On Nov. 1, NRK was to televise live, for five hours, an attempt to break the world record for producing a sweater, from shearing the sheep to spinning the wool and knitting the garment (current record: 4:51, by Australians). (In addition to the log, NRK viewers have been treated to live cams on a salmon-fishing boat and, for five days, on a cruise ship.) Said an NRK journalist, “You would think it's boring television, but we have quite good ratings for these programs.”
  • Concerns about a Mayor Karen Lewis

    If Karen Lewis runs for mayor, one group that would be her biggest booster is law firms that specialize in municipal bankruptcy. With Chicago already tens of billions in debt for pension obligations, having the head of the Chicago Teachers Union as...

    New way to lose money at Atlantic City's hard-luck casino

    (Reuters) - The soon-to-be-shuttered Revel Casino in Atlantic City had another bout of bad luck earlier this month when a bag of cash fell from an armored truck. The incident, which came to light Wednesday, occurred on Aug. 6 when armed guards from...

    Showboat gambling to cease on Aug. 31; Revel to close two days later

    Showboat Atlantic City will end gambling operations on Aug. 31 at 4 p.m., according to an order by the New Jersey Division of Gaming Enforcement approving closing plans for the casino that employed 2,133 last month. Gamblers will have another hour, until...

    Will PPL spinoff Talen Energy bolt Allentown?

    Allentown is engaged in a high-stakes effort to keep PPL Corp.'s soon-to-be-created power generation and marketing spinoff company Talen Energy in its Neighborhood Improvement Zone. In a July filing with the Federal Energy Regulatory Commission, which...