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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
  • Corinthian Colleges to sell 56 campuses across U.S.

    Corinthian Colleges to sell 56 campuses across U.S.
    After months of uncertainty about the fate of its schools, Orange County-based Corinthian Colleges Inc. announced plans to sell 56 campuses across the United States to a nonprofit entity that services student loans on behalf of the federal government....
  • Switzerland's Eurofin in process of shutting down-WSJ

    ZURICH (Reuters) - Swiss financial company Eurofin, criticized by Portugal's markets watchdog for helping Banco Espirito Santo (BES) raise money as it headed towards collapse earlier this year, is in the process of largely shutting down, the Wall Street...
  • Corinthian Colleges again runs afoul of Nasdaq listing rules

    Corinthian Colleges again runs afoul of Nasdaq listing rules
    In the latest sign of trouble for Orange County-based Corinthian Colleges Inc., the for-profit college operator said Wednesday it is not in compliance with Nasdaq rules after failing to file financial reports for the last two quarters. Corinthian said...
  • State Insurance Chief To Leave Dec. 11

    State Insurance Chief To Leave Dec. 11
    State Insurance Commissioner Thomas B. Leonardi, who led the department for nearly four years and traveled widely as an industry expert, is resigning to take a job with a New York investment firm. Leonardi, 60, is taking a job at Evercore Partners Inc.,...
  • Rosedale sisters indicted in embezzling more than $1.3 million from city charities

    Rosedale sisters indicted in embezzling more than $1.3 million from city charities
    A pair of Rosedale sisters were indicted Tuesday in separate embezzlement schemes, one of them charged with stealing more than $1.3 million intended for disadvantaged children and homeless people in Baltimore, prosecutors said. Sharon Harrison, 48, is...
  • Small town with several detention centers debates if it needs another

    Small town with several detention centers debates if it needs another
    The budget deficit and the detention centers are about the only things growing in this economically depressed high-desert city. Amid the tumbleweeds on the edge of town, construction crews are adding 650 beds at a privately run detention facility for...
  • Susan Tompor: Detroit pensioners relieved that bankruptcy stress is over

    DETROIT As Detroit looks to a brighter future, we can no doubt celebrate the creativity of the grand bargain that made the city's quick exit out of bankruptcy court doable as it kept pension cuts to a minimum and saved the Detroit Institute of Arts....
  • Investors ask court to put O.C. Register parent in receivership

    Investors ask court to put O.C. Register parent in receivership
    Two investors in Freedom Communications, the owner of the Orange County Register, are asking a Delaware court to put the Santa Ana newspaper company into receivership, saying the firm is "insolvent" and beset by "mismanagement." Abbey Financial and...
  • State regulators say Anne Arundel group home where boy died violated rules

    State regulators say Anne Arundel group home where boy died violated rules
    Maryland health regulators say they found serious violations at the group home for disabled foster children where a 10-year-old Baltimore boy died in July — including conflicting records on his care, and miscommunication between staff and the...
  • Island Breeze casino boat operator files Chapter 11 bankruptcy

    Island Breeze casino boat operator files Chapter 11 bankruptcy
    The operator of the Island Breeze II day-casino boat out of Port of Palm Beach has filed for protection from its creditors under Chapter 11 of the U.S. Bankruptcy Code. In the bankruptcy petition dated Nov. 6, Island Breeze International Palm Beach's...
  • Atlantic City's Trump Taj Mahal casino to close by Dec. 12, owners say

    ATLANTIC CITY, N.J. The owners of Trump Taj Mahal Casino in Atlantic City said in a court filing that they expect to close the boardwalk property on or before Dec. 12. The company had been warning for months that the struggling casino might close this...