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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 45-55
  • Maryland lawmakers, child advocates seek probe into oversight of troubled group home

    Maryland lawmakers, child advocates seek probe into oversight of troubled group home
    Maryland lawmakers and child advocates called Monday for an investigation into regulators' oversight of a troubled group home operator, asking why the state continued to give the company millions in taxpayer dollars despite long-standing financial and...
  • Report reveals 34 percent recovery for Detroit limited-tax GO bonds

    (Reuters) - Holders of Detroit's $164 million of unsecured, limited-tax general obligation bonds would only get 34 percent of their investment back under the city's debt adjustment plan, according to a consultant's report released on Thursday. The 34...
  • Scott taps outside counsel to litigate in Crist's failed Digital Domain deal

    Scott taps outside counsel to litigate in Crist's failed Digital Domain deal
    TALLAHASSEE -- Gov. Rick Scott's office announced Wednesday he was hiring outside counsel to sue the failed Digital Domain special-effects company and "other parties" involved in a $20 million tax-incentive deal that tanked. The move comes more than a...
  • Innovative sewage plant in Sanford closes, lays off 15

    Innovative sewage plant in Sanford closes, lays off 15
    An innovative sewage-processing company in Sanford has closed its doors suddenly and filed for bankruptcy, leaving the cities of Sanford, Ocoee and Winter Springs to find new disposal methods. Since 2009, Maxwest Environmental Systems had been...
  • Allentown business owner claims gender discrimination in American Parkway land dispute

    Laurie Atiyeh claims she tried for years to negotiate with Allentown officials after the city condemned her land for the American Parkway extension, but they refused to meet with her. When the city determined how much it would pay for Atiyeh's North...
  • Post House Todd Soundelux Closes Its Doors

    Todd Soundelux, the post-production house with roots stretching back to the 1950s, closed permanently yesterday. Todd Soundelux declared bankruptcy earlier this year. Leslie Cohen, the lawyer who was handling the company's attempts to find a buyer,...
  • Former councilman sentenced to a year in Bell corruption scandal

     Former councilman sentenced to a year in Bell corruption scandal
    One of the former council members blamed for the corruption that left one of Los Angeles County's poorest cities headed toward bankruptcy was sentenced Friday to a year in the county jail, but he could be a free man in just weeks. George Mirabal is...
  • Village's new cop fired in 1st week on job, then arrested

    Village's new cop fired in 1st week on job, then arrested
    In the days after he started work as a police officer in a small McHenry County village, Ryszard Kopacz was fired, investigated by the state police, arrested and charged with several felonies. Kopacz had been on the job less than a week when a...
  • Group home for disabled children struggled to provide adequate care

    Group home for disabled children struggled to provide adequate care
    The recent death of a 10-year-old disabled foster child at an Anne Arundel County group home was just the latest in a series of problems at LifeLine, the state contractor that has been paid millions in taxpayer funds to care for "medically fragile"...
  • Trump Plaza in Atlantic City to close

    Trump Plaza in Atlantic City to close
    The list of casinos closing or expected to close here just keeps growing. Trump Plaza Hotel and Casino will shut its doors for good in mid-September, according to state officials who were briefed Friday by lawyers for the casino. "I believe Sept. 16...
  • As Atlantic City's fortunes fade, casino workers fear bleak future

    ATLANTIC CITY, N.J. — After 19 years working as a cook at Atlantic City's Showboat Casino, Dave Rose is counting the weeks until he and about 2,000 fellow workers lose their jobs when the casino is shuttered at the end of the summer. The Showboat...