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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
  • Illinois leads nation in 2014 bank failures

     Illinois leads nation in 2014 bank failures
    Nearly a third of the nation's bank failures so far this year — five out of a total of 16 — have occurred in Illinois. The state also has another unwelcome distinction: The two biggest bank collapses so far in 2014 also have been Illinois...
  • Gubernatorial endorsement excerpt round-up

    Gubernatorial endorsement excerpt round-up
    Quotes from the endorsement editorials in Illinois newspapers (all but Rockford endorsed Republican Bruce Rauner). Springfield State Journal-Register¬† Rauner,…told The State Journal-Register editorial board he believes the state must overhaul...
  • Holy Hill church selling Sunset Boulevard property near downtown L.A.

    Holy Hill church selling Sunset Boulevard property near downtown L.A.
    A church in bankruptcy proceedings has put its prime Sunset Boulevard property near downtown Los Angeles on the market for $55 million. Housing developers are expected to make bids on the 5.3-acre campus that was the headquarters of the Metropolitan...
  • 3 questions: Where Costa Mesa City Council, Orange County Board of Supervisors and State Assembly candidates stand on the issues

    Costa Mesa City Council One incumbent and eight challengers are running for two spots on the five-member council. The Daily Pilot asked each candidate the same three questions: 1) Based on the decisions of this most recent council, do you think this...
  • National Republic Bank of Chicago under new owners

     National Republic Bank of Chicago under new owners
    Minority lender National Republic Bank of Chicago failed Friday and was taken over by Dallas-based State Bank of Texas. It was the fifth bank failure in Illinois this year and the 16th nationally. The Federal Deposit Insurance Corp. estimates that the...
  • Regal Entertainment Group to explore possible sale

    Regal Entertainment Group to explore possible sale
    Regal Entertainment Group, the largest movie theater chain in the U.S., will explore options including a potential sale, the company said on Monday.  The announcement came as the company posted third-quarter earnings that fell sharply from a year ago...
  • Orlando foreclosure battle spurs 'Idiot' company

    Brent and Angela Richards had fallen behind on their house payments and mailed their keys to their bank in February 2011. Three years later, their foreclosure case was only recently resolved. In addition to sending PNC Financial Services Group the keys,...
  • Texas candidate shows tea party's strength in the state

    Texas candidate shows tea party's strength in the state
    Dan Patrick is a political dirt-digger's dream, a candidate with a history of incendiary comments, a bankruptcy and two hospitalizations for mental health issues, one after an attempted suicide. He is also poised to become lieutenant governor of Texas...
  • Wal-Mart offers checking account aimed at the 'unbanked'

    Wal-Mart offers checking account aimed at the 'unbanked'
    Wal-Mart Stores Inc., long in the business of selling discount goods to low-income customers, is offering a new service — checking accounts targeted at those who don't use traditional bank accounts. The service, called GoBank, is being rolled out...
  • Sun-Times reporter Dave McKinney quits, cites possible retaliation over Rauner article

    Sun-Times reporter Dave McKinney quits, cites possible retaliation over Rauner article
    Longtime Chicago Sun-Times political reporter Dave McKinney resigned from the newspaper Wednesday, saying he was pulled from his beat by "bosses" of the paper's editor and publisher Jim Kirk and was placed under what he described as "house arrest" as...
  • Westport Capital fund will finish massive resort west of Disney

    Westport Capital fund will finish massive resort west of Disney
    A fund affiliated with Connecticut-based Westport Capital Partners will finish the massive, vacant Grande Palisades resort west of Walt Disney World, a spokesman for the company said. An investor fund affiliated with Westport acquired the 890-unit...