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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 34-44
  • Detroit police, fire retirees reach pension deal: court mediators

    (Reuters) - Detroit reached a deal with a group representing police and fire retirees over the treatment of pensions and health care benefits, U.S. Bankruptcy Court mediators announced on Tuesday. Under the deal, police and fire retired worker pensions...
  • With 'Salem,' WGN America hopes to put a spell on TV viewers

    SHREVEPORT, La.— A woodsy stretch of Willow Lake Farm, just outside this city, has been painstakingly built to look like a 17th century New England village, filled with shops and houses with steep-pitched roofs and drab clapboard exteriors....
  • Chrysler dealers terminated in bankruptcy still stuck in court

     
    Filed under: Government/Legal, Chrysler Part of the deal for the federal bailouts of Chrysler and General Motors was that both organizations were required to trim their vast array of dealerships. This move did not sit well with the people that would be...
  • Regulators ease rule curbing banks' exposures to customers

    LONDON (Reuters) - Global regulators have eased a new rule limiting how much business a bank can undertake with a single customer, as they try to minimize the risk of fallout from a counterparty going bust without imposing excessive burdens on financial...
  • Ontario looks to liquidate its holdings in General Motors

     
    Filed under: Government/Legal, GM, Earnings/Financials, Canada The late-80s and early-90s saw the Canadian government divest itself from some of its largest state-owned businesses (known in Commonwealth countries as Crown Corporations) - particularly when...
  • Two NY broker-dealer executives charged in Venezuelan bribery case

    NEW YORK (Reuters) - Two former executives of a defunct New York broker-dealer were indicted Monday as part of a widening U.S. investigation into foreign bribery involving their employer and Venezuelan state economic development banks. Benito Chinea, the...
  • Bitcoin promoter Shrem indicted in NY for money laundering

    NEW YORK (Reuters) - Prominent bitcoin entrepreneur Charlie Shrem has been indicted by a federal grand jury in New York on charges of funneling cash to the illicit online marketplace Silk Road. Shrem, known as one of the digital currency's most visible...
  • Private money, public projects: More U.S. states doing deals

    (Reuters) - Visitors to New York who land at LaGuardia Airport could be forgiven for not realizing they've arrived in one of the world's swankiest cities. The airport's leaky ceilings, threadbare atmosphere and meager food and public transit options...
  • 04/14: Bankruptcies

    04/14: Bankruptcies
    Chapter 11 Central Florida individuals and businesses that have filed for reorganization and protection from creditors under Chapter 11 of the U.S. Bankruptcy Code include: PLF Investments LLC, also known as Curry Ford Center, 1254 S. John Young...
  • Allentown's National Penn Bank bids for Baltimore bank

    Allentown's National Penn Bank bids for Baltimore bank
    An Allentown bank has submitted the highest bid to acquire a Baltimore bank whose parent is in bankruptcy. National Penn Bancshares, which last moved its corporate headquarters from Boyertown to Allentown as part of the downtown revitalization sparked by...
  • Bankrupt Coldwater Creek plans Mother's Day liquidation sales

     
    Coldwater Creek Inc., a women's wear retailer with hundreds of stores nationwide, said in bankruptcy filings that it plans to start liquidating the business with deep discounts pegged to Mother’s Day....