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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
  • Toll Road bidding process flat tire still has air, officials say

    Toll Road bidding process flat tire still has air, officials say
    An Indiana Finance Authority hostile to the idea of state control of the bankrupt Indiana Toll Road is being blamed for the lack of consideration of the bid by the Lake and LaPorte counties consortium to acquire the toll road lease, consortium members...
  • The saga of the Chicago Spire

    The saga of the Chicago Spire
    Irish developer Garrett Kelleher's audacious plan to construct the Chicago Spire, a soaring, twisting skyscraper along Chicago's lakefront, captured the world's attention. But in the end, there was no 2,000-foot-tall tower, only reams and reams of...
  • Union pickets Taj Mahal casino over benefits elimination

    With billionaire investor Carl Icahn poised to take over their casino, hundreds of union members picketed outside the Trump Taj Mahal Casino Resort on Friday, protesting the elimination of health insurance and pensions. Icahn insists the cuts are vital...
  • Questions remain after Exide deal with federal prosecutors

    Questions remain after Exide deal with federal prosecutors
    Over the last year, federal authorities built what appeared to be a strong criminal case against Exide Technologies, the Vernon battery recycler that has long faced scrutiny for spewing lead and arsenic into neighborhoods in southeast Los Angeles County....
  • Judge denies Revel casino sale for $82M to Florida developer

    A bankruptcy judge on Friday denied the sale of Atlantic City's former Revel casino to a Florida developer. That left the $2.4 billion property with no obvious buyer as the summer season approaches and its utility supplier threatens to cut off service to...
  • Owners of Drake Oak Brook hotel looking forward to new glory days

    Owners of Drake Oak Brook hotel looking forward to new glory days
    A shuttered Oak Brook hotel where movie star Rock Hudson threw a party, where the king of Italy was a guest, and which was a temporary home for Prince Charles when he was playing polo nearby is re-opening. The 160-room Drake Oak Brook, which sits on 10...
  • Revel Casino judge nixes sale to Florida investor

    The bankruptcy of Atlantic City, N.J.'s Revel Casino Hotel hit another pothole Friday when U.S. Bankruptcy Judge Gloria M. Burns declined to approve the sale of Revel to Florida developer Glenn Straub for $82 million. Burns said from a courtroom in...
  • Lumber Liquidators exec: Will still sell China-made flooring

    The founder and chairman of Lumber Liquidators said Friday that the retailer currently has no plans to stop selling laminate flooring made in China, even as it continues to face fallout from a "60 Minutes" report that questioned the safety of such...
  • TiVo gets bankruptcy court approval to buy some Aereo assets

    TiVo said Friday that it has received bankruptcy court approval to buy some assets of Aereo, an online startup that offered a cheaper alternative to cable TV. Financial terms were not disclosed. Aereo filed for Chapter 11 bankruptcy protection in...
  • Malibu Golf Club closes, owner files for Chapter 11 bankruptcy

    Malibu Golf Club closes, owner files for Chapter 11 bankruptcy
    Malibu Associates, owner of the Malibu Golf Club, has filed for Chapter 11 bankruptcy court protection. The club has a restaurant and clubhouse, in addition to an 18-hole golf course, on its 650-acre property in the Santa Monica Mountains. In its...
  • TiVo to acquire trademarks, customer lists from bankrupt Aereo

    TiVo to acquire trademarks, customer lists from bankrupt Aereo
    TiVo Inc., the San Jose-based maker of digital video recorder devices, said Friday it would acquire certain assets from the bankrupt online streaming service Aereo Inc. The acquisition of Aereo's assets was approved by a U.S. Bankruptcy Court judge,...