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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
  • Report: Coyotes to add new majority owner

    The Sports Xchange Report: Coyotes to add new majority owner In response to a New York Post report that the Arizona Coyotes were about to sell 51 percent stake in the franchise to Andrew Barroway, who attempted to buy the New Jersey Devils two years ago...
  • Case offers insight into archbishop's leadership

    Case offers insight into archbishop's leadership
    When Bishop Blase Cupich arrived in the Spokane diocese, he faced nothing short of a financial disaster stemming from the clergy sex abuse scandal. A victims fund had been drained, and mounting claims were pushing the possibility of foreclosure on...
  • Stockton bankruptcy ruling a blow to pensions

    Stockton bankruptcy ruling a blow to pensions
    SACRAMENTO — A federal bankruptcy judge dealt a blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy — just like its other debts....
  • Seven compete for two Wilton Manors commission seats

    Seven compete for two Wilton Manors commission seats
    Voters will have to wade through a crowded field of candidates to fill two commission seats on the Nov. 4 ballot. Incumbents Scott Newton and Ted Galatis are seeking re-election, while former Commissioner Justin Flippen wants to return to the board....
  • Detroit's emergency manager says settlement with museum avoided costly legal fight

    DETROIT Detroit emergency manager Kevyn Orr said finding a way to settle the issue of ownership of the art held by the Detroit Institute of Arts was critical to avoiding a prolonged, costly legal battle. One of the central issues in the city's bankruptcy...
  • Chicago Spire bankruptcy plan wins creditor support

    Chicago Spire bankruptcy plan wins creditor support
    The votes are in, and creditors tied to the Chicago Spire, the infamous project that has yet to be, like the proposed reorganization plan. All creditors authorized to vote on Shelbourne North Water Street LP's reorganization plan cast ballots in favor...
  • Vegas casino owner wins Revel auction

    Brookfield Asset Management's winning bid of $110 million for Atlantic City's Revel Casino Hotel, and the company's intention to operate it as a casino, have generated excitement. But the financial condition of Brookfield's Hard Rock Hotel & Casino Las...
  • Stockton bankruptcy ruling could deal blow to CalPERS, public pensions

    A federal bankruptcy judge dealt a serious blow to California's public employee pension systems by ruling Wednesday that payments for future worker retirements can be reduced when a city declares bankruptcy -- just like its other debts. U.S....
  • Diocese of Orange unveils planned alterations for former Crystal Cathedral

    Diocese of Orange unveils planned alterations for former Crystal Cathedral
    The glass-paneled megachurch where Robert H. Schuller once delivered sermons broadcast around the world is being transformed into a more subdued sanctuary that will conform to the traditions of the Roman Catholic Church, a process that will soften the...
  • German aid of Nuerburgring race track illegal - EU Commission

    BRUSSELS (Reuters) - State aid given to developers at German race track Nuerburgring was in breach of European Union rules and must be paid back, the EU Commission said on Wednesday. Developers at the track were given 456 million euros (354.98 million...
  • Sources: Brookfield wins auction for bankrupt Revel Casino

    Sources: Brookfield wins auction for bankrupt Revel Casino
    Oct 1 (Reuters) - Brookfield Asset Management won the auction for Atlantic City's bankrupt Revel Casino Hotel with a $110 million bid, said two sources familiar with the situation. The company outbid Florida real estate developer Glenn Straub, who did...