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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 111-121
  • Cutting off water to Detroiters another wrong turn for Motor City

    Cutting off water to Detroiters another wrong turn for Motor City
    A few years ago Chrysler made a splash with an Eminem-narrated ad for one of its cars billed as “imported from Detroit,” a clever play on the market-share battles between the domestic automakers and the Toyotas, Hondas and Mercedeses of the...
  • Casino Miami Jai-Alai: A business update

    Casino Miami Jai-Alai: A business update
    Casino Miami Jai-Alai announced Friday that it has completed the sale of its operations to Fronton Holdings LLC. The April 30 deal was completed after successfully prevailing in the bidding process set forth by the bankruptcy court following a Chapter...
  • LightSquared reaches bankruptcy deal; mediator blasts Ergen

    NEW YORK (Reuters) - Wireless venture LightSquared has reached a deal to end its Chapter 11 bankruptcy, but its largest creditor, satellite operator Charles Ergen, is not on board and "wasted the parties' time," according to a report from the court-...
  • American Apparel CEO's playboy lifestyle overshadowed successes

    American Apparel's abrupt ouster of controversial Chief Executive Dov Charney may pitch the company into bankruptcy by triggering defaults on two outstanding loans, the retailer warned Thursday.  In an SEC filing, American Apparel said the board's...
  • PPL spinoff should bring stability to company

    PPL Corp.'s decision this month to spin off its power plants into a new company represents the latest fallout from the natural gas boom that has disrupted the nation's unregulated electric industry. Companies that make electricity hoping to sell it...
  • A big group hug for America from its hyphenated citizens

    Who's in on the next Facebook or Twitter rant? House Speaker John Boehner is right to sue President Obama! Speaker John Boehner is a puppet controlled by tea-party zealots! Bill Maher is a left-wing clown. Rush Limbaugh is a right-wing clown. Dick...
  • Culinary school costs leave a sour taste

    Culinary school costs leave a sour taste
    Dear Liz: I am 48 and planning on a career change. I was looking at a culinary school website and it looks pretty exciting. It is a two-year, full-time program and the cost is about $65,000, which doesn't cover the dorm or apartment expenses for living...
  • With casinos closing, Atlantic City considers future

    With casinos closing, Atlantic City considers future
    ATLANTIC CITY, N.J. — The blows came fast and furious for this struggling resort over the last week and a half. Its newest and most expensive casino, Revel, declared bankruptcy for the second time June 19 and is threatening to close if it doesn'...
  • Judge urged to reject Energy Future's $2 billion bankruptcy loan plan

    WILMINGTON Del (Reuters) - Creditors of bankrupt Energy Future Holdings, Texas' biggest power company, urged a judge to slow its Chapter 11 case and warned if a key refinancing proposal was approved it might block better deals from being considered. In...
  • Boom time for moneylenders as debt pile drags on Thai recovery

    BANGKOK (Reuters) - "Business is great," said Aoy, a moneylender who charges a whopping 10 percent a month interest but finds plenty of takers in Thailand, where a huge pile of household debt is complicating the military government's efforts to revive a...
  • Caesars vies with Genting as bids due for N.Y. casinos

    ALBANY, N.Y. — The fight for four New York state casino licenses is set to intensify, as operators — including Caesars Entertainment and Genting — jockey for access to the 8.3 million residents of the biggest U.S. city. Monday was the...