RSS feeds allow Web site content to be gathered via feed reader software. Click the subscribe link to obtain the feed URL for this page. The feed will update when new content appears on this page.

Bankruptcy

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

Top Bankruptcy Articles

Displaying items 100-110
  • Longtime trustee of Pimco mutual funds appears to have lost his job

    William J. Popejoy apparently has lost his longtime position as a trustee of the nearly $2-trillion Pimco mutual funds in Newport Beach, but the usually outspoken financial executive wasn't talking about what happened. And no one else was, either....
  • Key hearing on Detroit's historic bankruptcy begins in US court

    DETROIT (Reuters) - Detroit will not recover, and it may not survive as a major city if its debts are not significantly reduced during bankruptcy, a city attorney told a federal judge at the start of a critical phase of the case on Tuesday. As Detroit'...
  • 'Detroit won't recover' without grand bargain, city's bankruptcy lawyer says

    DETORIT The grand bargain to help resolve Detroit's bankruptcy offers a fair and lucrative resolution of the city-owned Detroit Institute of Arts, the city's top bankruptcy lawyer argued Tuesday. Jones Day bankruptcy lawyer Bruce Bennett offering opening...
  • Detroit, hoping to leave bankruptcy, warns of 'downward spiral'

    Detroit, hoping to leave bankruptcy, warns of 'downward spiral'
    Lawyers for the city of Detroit began their opening arguments Tuesday in what could be the final stage of the city’s bankruptcy trial, setting off a weeks-long hearing after which Judge Steven Rhodes will either approve or nix the city’s...
  • 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....
  • Judge denies hold-out Detroit creditor motions to block evidence

    DETROIT (Reuters) - A federal judge on Tuesday denied motions by two bond insurance companies that sought to block Detroit from presenting certain evidence at a key hearing on the city's plan to exit bankruptcy. U.S. Bankruptcy Judge Steven Rhodes said...
  • New Foley Ad Boasts His Record At The Bibb Company

    An ad launched Tuesday by the Tom Foley campaign highlights his leadership at the Bibb Co. - the Georgia textile manufacturing company he owned in the 1990s that has been a favorite target of his political opponents. Malloy has criticized Foley for...
  • Can We the People govern ourselves?

    Can We the People govern ourselves?
    We take for granted that the democratic or republican forms of government are inevitable and natural, that they are the best way to govern, and certainly far ahead of whatever comes in second. If so, then, how do you explain: Illinois? Chicago? The...
  • 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,"...
  • 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...