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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
  • West, South are fastest growing in latest census data

    Eight of the fastest growing states are in the South or West, according to the latest U.S. census data, and five of those growing are Sun Belt states as the nation continues its political, economic and social redistribution. The U.S. Census Bureau...
  • Diana Rauner, Illinois' next first lady, to stay focused on early education

     Diana Rauner, Illinois' next first lady, to stay focused on early education
    A few days before the election, a Chicago radio host introduced Bruce Rauner and wife Diana, telling listeners "behind every great man is a great woman." "In front sometimes too," replied Bruce Rauner, laughing. Diana Rauner is accustomed to being out...
  • Piggish bankers went whole hog to abuse consumers in 2014

    The end of the year occasions awards season in all industries, and the world of personal finance is no exception, which brings us to the 2014 edition of the Piggy Bank Awards for Dubious Achievements in Consumer Finance or, for short, "The Piggies."...
  • Senate action gives tax relief to short-sellers this year, not next

    For David Foster of Chicago, it was a stunning and welcome early Christmas present for him, his wife and three young children. The Senate's 11th-hour extension of the Mortgage Forgiveness Debt Relief Act through Dec. 31 will save Foster, who works for a...
  • Bud Selig: A Life in Baseball: After 5-year struggle, Selig gets his team

    For major-league baseball to return to Milwaukee after the Braves bolted for Atlanta in 1966, somebody had to care more than anybody else. That somebody was Bud Selig. The Milwaukee native, businessman and avid baseball fan decided the city shouldn't...
  • Feeling bankrupt? Here's how to rewrite Chapter 11

    Feeling bankrupt? Here's how to rewrite Chapter 11
    No, no, we aren't fussing over your credit card statement. We're talking about businesses that, as December expires, realize that they're doing the same. But companies in big financial trouble dread bankruptcy, and not just because it involves, well,...
  • Pershing to pay $3 million for customer protection violations

    Pershing LLC must pay a $3 million civil fine for violating a securities industry rule that requires the firm to protect customers' funds and securities from misuse by brokerages, Wall Street's private watchdog said on Monday. Pershing, a clearing firm...
  • Revel utility misses bond payment; wants to shut off building

    PHILADELPHIA ACR Energy Partners LLC, which owns and operates the central utility plant attached to the bankrupt Revel Casino Hotel in Atlantic City, N.J., did not have enough money to make a $6.9 million interest payment to bondholders due Dec. 1,...
  • RadioShack faces a tough January

    DALLAS RadioShack has some high hurdles to clear in January. The struggling consumer electronics retailer has said it will be cutting more jobs as part of its previously announced plan to slash $400 million in annual costs. The cuts, announced earlier...
  • Funky Monkey restaurants operator files for bankruptcy

    Funky Monkey restaurants operator files for bankruptcy
    Funky Monkey Inc., the operator of three restaurants in the Orlando area, has filed for Chapter 11 bankruptcy, citing up to a million in debt. Eddie Nickell, president and founder of the company, said he intends to continue operating the three remaining...
  • Dendreon heads for auction without $275M minimum bidder

    SEATTLE Dendreon is moving to sell its assets at auction without a so-called "stalking horse bidder" agreeing to pay the minimum price of $275 million set by the company when it filed for Chapter 11 bankruptcy last month. In a brief filing Tuesday with...