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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
  • 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.”
  • Detroit on edge as judge prepares to consider bankruptcy plan

    Detroit on edge as judge prepares to consider bankruptcy plan
    It's crunch time for the largest municipal bankruptcy in U.S. history. On Tuesday, Detroit enters what could be the final leg in its lengthy and strained journey through bankruptcy. At the end of the hearings, which are expected to last about six...

    The Divvy blues: Bike-sharing program facing growing pains

    The Divvy blues: Bike-sharing program facing growing pains
    One recent Tuesday morning, Jennifer Burgess left her Lakeview home and walked to the nearest Divvy station, at Racine and Diversey avenues. Since it was 10 a.m. and raining, Burgess figured not many people would be taking advantage of Chicago's bike-...

    Last call at Atlantic City's Revel: a few bettors, $5 bottles, state cops

    ATLANTIC CITY N.J. (Reuters) - Shortly before sunrise on Tuesday, Morgan Capezzera reclined on the roulette table at the Revel Casino in her bikini and snapped a selfie before the Atlantic City gambling hall shut its doors for good. "I love Revel,"...

    Deadlines near in Chicago Spire bankruptcy case

    Deadlines near in Chicago Spire bankruptcy case
    The next chapter in the long-running saga of the Chicago Spire site will be written during the next few weeks, as creditors get their say in developer Garrett Kelleher's plan to exit bankruptcy protection and restart the project. During hearings in U.S....