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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
  • Commentary: New council should learn from past mistakes

    The election is over and the dust has settled. The players stand at the ready. In Newport Beach a new cast of characters was elected to represent the great city. It remains to be seen what direction the city will take as it moves further into the 21st...
  • CIT Group considers opening bank branch in Chicago

    CIT Group considers opening bank branch in Chicago
    National commercial lender CIT Group, which is in the process of buying a California bank, said it might open a bank branch in New York or Chicago. The New York-based institution, which has $35 billion in assets, was asked recently about potential plans...
  • Shuttered German Burger King restaurants to reopen this week

    German Burger King restaurants that were shut down last month in a row between their operator and the U.S. fast food company will re-open this week, Burger King Germany said on Monday. Twenty-six of the 89 outlets will open their doors again on Monday...
  • Lehman trustee petitions Supreme Court over Barclays dispute

    The trustee handling the liquidation of the brokerage unit of Lehman Brothers Holdings Inc filed a petition with the U.S. Supreme Court on Monday seeking review of the business's cash assets awarded to Barclays Plc . Lehman, once Wall Street's fourth-...
  • Personal Finance Q&A: Will an installment loan help credit score?

    Dear Liz: I am working on paying my bad debt from the past to rebuild my scores. I have one credit card that I pay in full every month, but no installment loan. I recently was given the opportunity to take a car loan with monthly payments I could easily...
  • Bankruptcies

    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: Visitors' Plaza Inc., formerly doing business as Visitor's Flea Market, 5811...
  • Commentary: Supreme Court strips retirement account protections

    Imagine this: You've worked hard to save money in your individual retirement account (IRA) or 401(k). You do the right thing by selecting beneficiaries and rest easy knowing the money will be safe for heirs after you are gone. Years later, your child...
  • Blue Mountain owner Francis Cinelli admits tax fraud

    Blue Mountain owner Francis Cinelli admits tax fraud
    READING — More than three years after federal agents raided his home and offices in the aftermath of a loan agency collapse that left investors seeking millions, a prominent Bangor physician has admitted hiding money from the Internal Revenue...
  • Flea market files bankruptcy after $42M Coach knockoff purse lawsuit

    Flea market files bankruptcy after $42M Coach knockoff purse lawsuit
    Kissimmee-based Visitors Flea Market has filed for Chapter 11 bankruptcy, following a three-year lawsuit with Coach over alleged sales of counterfeit purses and other items. The flea market filed for bankruptcy partly to preserve a pending sale of the...
  • RadioShack reports another big loss, launches more cost-cutting

    FORT WORTH, Texas -- RadioShack reported another big loss Thursday for its third quarter as declining sales and depleting cash forced the retailer to launch a new round of cost-cutting to try to stay out of bankruptcy. The Fort Worth-based electronics...
  • Letter from Toyko: The last Tower Records standing

    In 2006, the Great American Group, no great American, won the right in court to liquidate the bankrupt Tower Records, despite other bidders who hoped to salvage the record business. For much of the U.S. -- and other parts of the world, where Tower had...