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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
  • Bankruptcy judge approves RadioShack asset sale

    Bankruptcy judge approves RadioShack asset sale
    A Delaware bankruptcy judge has approved the sale of assets of RadioShack to hedge fund Standard General LP that will keep more than 1,700 stores open and preserve more than 7,000 jobs. Tuesday's ruling comes after a court hearing that stretched over...
  • RadioShack creditor Salus changes mind, won't offer new bid

    RadioShack creditor Salus says it won't improve its bid as it fights with another buyer for the electronics chain, hedge fund Standard General. Salus had failed to win an auction for the assets of the Fort Worth, Texas-based electronics retailer, which...
  • Former president of Curtis Bay lawn care firm faces trial on fraud charges

    Former president of Curtis Bay lawn care firm faces trial on fraud charges
    A lawn and garden products supplier started 90 years ago by Russian immigrants met its end in a flurry of court actions alleging its former president, Malcomb Cork, defrauded the business and concealed his actions. Cork has pleaded not guilty in U.S....
  • Report leaves many questions about Atlantic City's future

    Emergency managers appointed by New Jersey Gov. Chris Christie recommend spending cuts and layoffs as a starting point toward getting Atlantic City's troubled finance under control. But their initial report — which does not envision a bankruptcy...
  • Bill pushes for possible municipal bankruptcies in Illinois

    Bill pushes for possible municipal bankruptcies in Illinois
    Stressed by pension debt, other financial issues and the possibility losing a chunk of their state aid, some Illinois cities want the option to file for bankruptcy. They've found an ally in a Republican lawmaker, who's proposed legislation to allow...
  • Man charged with concealing luxury cars during bankruptcy

    Federal prosecutors say they've charged a suburban Chicago man with bankruptcy fraud for concealing ownership of autos worth almost $300,000. The U.S. Attorney's Office in Chicago says 49-year-old Joseph W. Campbell was arraigned Friday in federal court....
  • Ohio employers will have wait for workers comp settlement

    Thousands of employers in the state who were overcharged for workers compensation insurance premiums will have to wait at least a few more weeks before collecting a share of the $420 million court settlement, according to one of the attorneys involved....
  • N. Carolina parents of missing teen sentenced for tax fraud

    A federal judge administered a blistering lecture on Friday to the adoptive parents of a teenager missing from her home for years before giving them prison sentences for tax fraud, calling the girl's mother "morally bankrupt." U.S. District Court Judge...
  • Two picked to build Chicago-area car-charging stations charged with fraud

    Two picked to build Chicago-area car-charging stations charged with fraud
    Touted with fanfare by city officials and then-Gov. Pat Quinn at the 2011 Chicago Auto Show, a planned network of charging stations for electric vehicles was billed as an environmentally friendly project designed to be the best and largest in the country....
  • Senator asks for federal investigation of Lumber Liquidators after '60 Minutes' report

    Senator asks for federal investigation of Lumber Liquidators after '60 Minutes' report
    A U.S. senator is requesting that three federal agencies investigate Lumber Liquidators following a "60 Minutes" report that said the company's laminate flooring made in China may not meet California's health and safety standards. The "60 Minutes"...
  • U.S. airlines say Persian Gulf-based carriers got billions in subsidies

    U.S. airlines say Persian Gulf-based carriers got billions in subsidies
    Three of the largest U.S. airlines have accused competitors from the United Arab Emirates and Qatar of accepting $42 billion in government subsidies, giving the Persian Gulf-based airlines an unfair competitive advantage. American, Delta and United...