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Bankruptcy

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

Top Bankruptcy Articles

Displaying items 100-110
  • Richard Berkowitz, CEO, Berkowitz Pollack Brant

    Richard Berkowitz, CEO, Berkowitz Pollack Brant
    Richard A. Berkowitz is chief executive officer of Berkowitz Pollack Brant Advisors and Accountants, a role he has held since the firm’s inception in 1980. One of the largest independent accounting firms in Florida, Berkowitz Pollack Brant has...
  • Emails seen as key part of trial over peanut butter deaths

    ATLANTA With a shipping deadline fast approaching, an employee at the Peanut Corporation of America plant in Blakely, Ga., wanted to know what should be done with an order that hadn't been tested for salmonella. The email response from the company's...
  • U.S. Appeals Court Rules Against Travelers In $500 Million Asbestos Case

    A federal appeals court on Tuesday ordered The Travelers Cos. to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer's coverage of insulation maker Johns-Manville Corp, a policyholder that spent six years in...
  • Detroit bankruptcy pension cuts approved, with only half casting votes

    Detroit’s current and retired city employees have overwhelmingly voted to support a path out of bankruptcy that will include cuts to their pensions, the city said. After a two month campaign both for and against the city’s bankruptcy plan,...
  • How to escape the medical care debt trap

    How to escape the medical care debt trap
    The single biggest cause of personal bankruptcy in the United States isn't job loss or irresponsible use of credit. It's medical expenses. An analysis this year by NerdWallet Health found that about 60% of all bankruptcies are health related. And a...
  • CIT Group to buy Pasadena lender OneWest Bank

    CIT Group to buy Pasadena lender OneWest Bank
    Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California. The...
  • 07/28: Bankruptcies

    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: YBS Hospitality LLC, doing business as CD's Melons, 1566 S. French Ave., Sanford. Filed: July 16. Assets: $115,797....
  • Post House Todd Soundelux Closes Its Doors

    Todd Soundelux, the post-production house with roots stretching back to the 1950s, closed permanently yesterday. Todd Soundelux declared bankruptcy earlier this year. Leslie Cohen, the lawyer who was handling the company's attempts to find a buyer,...
  • Former councilman sentenced to a year in Bell corruption scandal

     Former councilman sentenced to a year in Bell corruption scandal
    One of the former council members blamed for the corruption that left one of Los Angeles County's poorest cities headed toward bankruptcy was sentenced Friday to a year in the county jail, but he could be a free man in just weeks. George Mirabal is...
  • As Atlantic City's fortunes fade, casino workers fear bleak future

    ATLANTIC CITY, N.J. — After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer. The Showboat...
  • An undeserved debt [Commentary]

    An undeserved debt [Commentary]
    How competent is your 18-year old? Do you trust him or her with your credit card? How about the brand new family car? Better yet, do you think he is competent enough to take out several thousands of dollars of debt with a few pen strokes? Education...