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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
  • Outgoing Stockton president to talk to panel about Showboat

    The outgoing president of Stockton University will testify next week about the details of its plan to use a former casino as a satellite campus. State Sen. Paul Sarlo, a Bergen County Democrat, on Thursday asked Herman Saatkamp to testify before a Senate...
  • Detroit may win investment grade on first bonds since bankruptcy

    NEW YORK ��Four months after emerging from the biggest municipal bankruptcy in history, Detroit may return to the bond market with investment-grade ratings. Michigan Gov. Rick Snyder signed legislation that gives added security to investors...
  • Fresh Produce: Will a bankrupt business honor gift cards?

    Fresh Produce: Will a bankrupt business honor gift cards?
    A reader asks about gift cards for the clothing retailer Fresh Produce, which has filed for bankruptcy protection. If the company goes down the Chapter 11 rabbit hole, are the gift cards still good? I get asked this question a lot -- pretty much any...
  • Village Board welcomes four homes proposed for Belluomini site

     Village Board welcomes four homes proposed for Belluomini site
    The Hinsdale Village Board likes the plans for a four-lot subdivision a developer wants to build on the Belluomini property. David Weekley Homes, based in Schaumburg, has proposed building four single-family homes on the northwest corner of Madison...
  • Jennifer Rubin: What's Marco Rubio's secret?

    Jennifer Rubin: What's Marco Rubio's secret?
    More than other 2016 presidential entrants, Sen. Marco Rubio, R-Fla., seems to have positively affected, even excited, Republicans. Ross Douthat writes, "Rubio more than most candidates fits the way most Republicans want to think about their party and...
  • Northampton power plant asks for higher lead emissions level

    Northampton power plant asks for higher lead emissions level
    Northampton Generating Co. has asked state regulators to significantly increase the limit on the amount of lead it can emit into the atmosphere. The company's power plant, at 1 Horwith Drive in Northampton on the border with Allen Township, burns...
  • Hidden Rolex helped unravel bankruptcy for S. Fla. doctor and his wife

    Hidden Rolex helped unravel bankruptcy for S. Fla. doctor and his wife
    When bankruptcy officials paid a surprise visit to the Boca Raton home of a onetime successful doctor and his wife, they noticed that an expensive-looking watch suddenly disappeared from the wife's wrist. Dr. Richard Krugman asked his wife, Tamara...
  • No ruling made on union dispute with Taj Mahal casino

    A judge did not issue a ruling Wednesday in a dispute between an Atlantic City casino union and the Trump Taj Mahal, whose patrons the union tried to convince to go elsewhere. Bankruptcy Judge Kevin Gross in Delaware heard arguments by Trump...
  • CPS' billion-dollar budget hole leaves unappealing options

    CPS' billion-dollar budget hole leaves unappealing options
    With a nearly empty rainy day fund, a bond rating on the edge of junk status and a new round of teacher contract negotiations underway, Chicago Public Schools has no clear way to fill its projected billion-dollar budget hole. After decades of poorly...
  • Court filing lists many errors that helped kill Revel casino

    The former owners of the Revel casino are acknowledging a long list of mistakes that helped kill the $2.4 billion resort, including an onerous energy contract that strangled it from the get-go. A proposed disclosure statement for its bankruptcy case...
  • America's airline CEOs cry foul about foreign competition

    America's airline CEOs cry foul about foreign competition
    Chief executives of America's largest airlines brought their campaign against Persian Gulf carriers to Chicago this week, claiming three Middle East airlines benefit unfairly from government subsidies. On Tuesday, those U.S. carriers released what...