topic-04016007 News Coverage on Bankruptcy - CTNow
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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 23-33
  • Kadner: People don't know much about Chicago's future

    Kadner: People don't know much about Chicago's future
    I don't know. That's what I've been telling readers asking my thoughts on a solution for Chicago's financial mess. I understand their concern. When the credit ratings reach junk bond status for the city, its schools and its park district, there's reason...
  • LVIA wants to lock in its four big airlines for five years

    LVIA wants to lock in its four big airlines for five years
    The Lehigh-Northampton Airport Authority is negotiating a deal designed to prevent its four major airlines from leaving Lehigh Valley International Airport, but it would come at a cost: Those airlines would take more control over how the airport is run....
  • America dependent on successful education system

    Why is education funding for our children one of the first targets for conservatives when reducing state and local budgets? And why are tax cuts for businesses and the wealthy more important than providing our children and grandchildren with a quality...
  • SEC says for-profit ITT college executives engaged in fraud

    SEC says for-profit ITT college executives engaged in fraud
    The U.S. Securities and Exchange Commission levied fraud allegations Tuesday against a major for-profit college company, accusing ITT Educational Services Inc. of hiding the “extraordinary failure” of two student loan programs from investors....
  • Pension ruling also undercuts Rauner budget, raises pressure for tax hike

    Pension ruling also undercuts Rauner budget, raises pressure for tax hike
    The Illinois Supreme Court's decision to strike down a landmark pension law also blew up Republican Gov. Bruce Rauner's budget plan and put pressure on him and the Democratic-led legislature to swiftly increase taxes to resolve state government's...
  • Assets of bankrupt Ruden McClosky now being distributed to creditors

    Assets of bankrupt Ruden McClosky now being distributed to creditors
    Payouts have begun for creditors owed tens of millions of dollars in the bankruptcy of a giant of a Broward law firm — Ruden McClosky — that was one of the victims of Florida's real estate collapse. The largest secured creditor, Wells...
  • Should Rauner cut pensions to lower debt?

    Should Rauner cut pensions to lower debt?
    Gov. Bruce Rauner has decided that allowing Illinois municipalities to declare bankruptcy is an important tool to minimize union influence and membership rates in the state. Chicago, which he says "is in deep, deep yogurt" with pension obligations,...
  • Al Boscov passes the torch to nephew

    Al Boscov passes the torch to nephew
    For Al Boscov, it's been many happy returns — mostly — in a career spanning his entire life. "We're a little nobody," he said, "but we're able to compete with the biggest guys." On Friday, the company he heads and resurrected from the...
  • Newport News Everest College now a nonprofit

    Newport News Everest College now a nonprofit
    The Everest College campuses in Newport News and Chesapeake aren't part of a nationwide for-profit school shutdown because they were sold in February and converted to nonprofit institutions. Corinthian Colleges Inc., which was the previous owner of...
  • Indian Motorcycle rolls into Lehigh Valley

    Indian Motorcycle rolls into Lehigh Valley
    Maybe you like the rush of traveling at high speeds with fresh air in your face. Perhaps you prefer the scent of real pine trees over that of a pine tree-shaped deodorizer. Or maybe, just maybe, you simply want to save space in your garage. Whatever...
  • Future of former Showboat uncertain

    Behind closed doors in the mayor's office, parties interested in the fate of the former Showboat casino hotel met Friday to try to resolve a tangled legal impasse. But when the meeting at City Hall was over, no one -- including Mayor Don Guardian and...