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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
  • Ex-Rush owner released to home confinement on fraud charges

    Ex-Rush owner released to home confinement on fraud charges
    The former owner of the Chicago Rush arena football team can live on house arrest at a friend's Gold Coast apartment while he awaits trial on fraud charges stemming from his ill-fated purchase of the team last year, a federal judge ruled Tuesday....
  • At Sparrows Point, implosion of blast furnace ends one era, starts another

    At Sparrows Point, implosion of blast furnace ends one era, starts another
    The 320-foot-tall blast furnace that once drove the steel-making operation at Sparrows Point will come crumbling down in dramatic fashion next month, the new owners announced Monday. Officials of Sparrows Point Terminal LLC said the furnace will be...
  • Co-owner of Irvine real estate investment firm pleads guilty to fraud

    One owner of an Irvine-based real estate investment company pleaded guilty Thursday to allegations that his firm essentially turned into a Ponzi scheme after the housing market crashed, according to authorities. John Packard, 64, of Long Beach was...
  • Downtown nightclub building owner files for bankruptcy

    Downtown nightclub building owner files for bankruptcy
    The owner of a building in downtown Orlando that recently housed Liquid nightclub has filed for Chapter 11 bankruptcy, apparently to stall a foreclosure sale by First Southern Bank. The property is 13 W. Pine Street, a two-story commercial brick...
  • Seasons at Bel Air sells for $80 million

    Seasons at Bel Air sells for $80 million
    A Harford County apartment complex that spent years in receivership has sold for $80 million, said the brokerage firm that worked on the deal. The 732-unit Seasons at Bel Air was purchased by Hampshire Properties, a privately-held Brooklyn-based real...
  • Dish could drop NBCU/Comcast regional sports networks in more markets

    PHILADELPHIA Dish Network, the nation's third-largest pay-TV company, could drop NBCUniversal's regional sports networks in the Chicago, Washington, D.C., Sacramento and San Francisco areas on Dec. 1. The plan seems to be part of a broader strategy to...
  • Ex-Rush Arena Football League team owner arrested on federal fraud charges

     Ex-Rush Arena Football League team owner arrested on federal fraud charges
    When David Staral Jr. appeared out of nowhere to buy the Chicago Rush last year, he seemed to have everything it would take to turn around one of the struggling Arena Football League's marquee franchises. At just 34, Staral was full of youthful swagger,...
  • Four of Atlantic City's surviving casinos posted higher 3Q profits than a year ago

    PHILADELPHIA Amid the gloom of Atlantic City, N.J., casino closings and looming city budget cutbacks, there was relatively good news Monday from the New Jersey Division of Gaming Enforcement's quarterly financial report on casinos. Four of Atlantic City'...
  • Boscov's CEO will work Thanksgiving

    Although the decorations have been up for weeks, Friday marks the official start of the holiday shopping season. Or rather, it used to – these days, more and more stores are opening on Thanksgiving. That's why, at 6 p.m. Thursday, Albert Boscov,...
  • Getting more realistic on L.A. pension returns

    Getting more realistic on L.A. pension returns
    In the last year, all three of Los Angeles' public employee pension funds have recalculated their too-rosy estimates of how much they will earn in the years ahead. Those lowered earning forecasts may cost the city in the short term — if it has to...
  • Beware: Merged, code-sharing airlines don't always have prices in sync

    Beware: Merged, code-sharing airlines don't always have prices in sync
    Question: Here is something I cannot figure out: On a US Airways flight my parents want to take from Chicago's O'Hare to San Francisco on Dec. 23, a first-class nonrefundable ticket is not available, but a first-class flexible ticket costs $1,222. The...