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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 12-22
  • Judge confirms plan settling Montana clergy sex-abuse claims

    Hundreds of victims of clergy sex abuse that spanned decades in Montana stand to receive payments totaling about $20 million, after a federal judge on Wednesday confirmed the bankruptcy reorganization plan for the Roman Catholic Diocese of Helena. U.S....
  • Judge: More time needed to seek higher Revel bids

    A bankruptcy court judge says more time is needed to seek higher bids for Atlantic City's former Revel Casino Hotel. Judge Gloria Burns delayed a decision Wednesday on the proposed $82 million sale of the shuttered gambling hall to Florida developer...
  • Two picked to build Chicago-area car-charging stations charged with fraud

    Two picked to build Chicago-area car-charging stations charged with fraud
    Touted with fanfare by city officials and then-Gov. Pat Quinn at the 2011 Chicago Auto Show, a planned network of charging stations for electric vehicles was billed as an environmentally friendly project designed to be the best and largest in the country....
  • Lumber Liquidators executives skip Florida appeareance

    Executives with Lumber Liquidators backed out of an investor conference in Florida where they were expected to appear Wednesday. The company is fending off claims that laminate flooring produced for the company in China contained elevated levels of...
  • Transcripts: Bernanke was 'uncomfortable' with Bank of America bailout

    CHARLOTTE, N.C. Amid the financial crisis in January 2009, then-Federal Reserve Chairman Ben Bernanke told colleagues he was "uncomfortable" with providing extra aid to Bank of America. But he said he also wasn't willing to draw a line on bailouts if it...
  • Chicago mayoral race mirrors schism challenging Democratic Party

    CHICAGO The Democratic Party is riven over how loud a voice to give its progressive wing. Chicago is that struggle's new frontline. Mayor Rahm Emanuel, who has dared to anger his party's organized-labor allies, is being challenged in the city's first...
  • Stunning write-in victory in Homer Glen

    Stunning write-in victory in Homer Glen
    While the Chicago mayoral runoff election has attracted nationwide attention, a stunning upset by a write-in candidate in Homer Glen has attracted little notice. George Yukich, a village trustee, attracted more write-in votes for mayor than incumbent...
  • Business Highlights

    ___ US running out of room to store oil; price collapse next? The U.S. has so much crude that it is running out of places to put it, and that could drive oil and gasoline prices even lower in coming months. For the past seven weeks, the United States...
  • Former Baltimore Behavioral Health CEO criminally charged

    Former Baltimore Behavioral Health CEO criminally charged
    The U.S. attorney's office has filed criminal charges against the former CEO of a West Pratt Street mental health clinic that allege that he embezzled $50,000 meant for employee pensions and withheld hundreds of thousands of dollars in payroll taxes...
  • Los Angeles developer makes offer for shuttered Revel casino

    A Los Angeles developer involved in numerous projects there has made an 11th hour bid to buy Atlantic City's former Revel Casino Hotel. Izek Shomof has submitted a letter of interest to Revel AC, offering to buy the casino for $80 million. He is reviving...
  • Union members speak out against right-to-work in Wisconsin

    Electricians, pipe fitters, carpenters and other union members opposed to making Wisconsin the 25th right-to-work state dominated more than 11 hours of testimony Monday on a fast-tracked proposal expected to pass the Legislature later in the week and be...