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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 56-66
  • Revel bidder: Distress is his business

    Glenn E. Straub, a South Florida investor, emerged from nowhere this week with his $90 million cash bid for Atlantic City, N.J.'s bankrupt Revel Casino Hotel. But for the last 20 years, Straub, 67, has made it his business to buy distressed properties...
  • Detroit end in sight as deals leave FGIC last major bankruptcy holdout

    DETROIT (Reuters) - With key players in Detroit's historic bankruptcy case locked in marathon mediation sessions, the pressure is on bond insurer Financial Guaranty Insurance Co., the last major holdout creditor, to settle with the city. Judicial...
  • Orion Pictures Label Returns for First Time in 15 Years

    LOS ANGELES (Variety.com) - Orion Pictures, the distributor of '80s and '90s independent hits such as "RoboCop," "The Terminator" and "The Silence of the Lambs," is making its first theatrical appearance in 15 years. "The Town That Dreaded Sundown," a...
  • Detroit, hoping to leave bankruptcy, warns of 'downward spiral'

    Detroit, hoping to leave bankruptcy, warns of 'downward spiral'
    Lawyers for the city of Detroit began their opening arguments Tuesday in what could be the final stage of the city’s bankruptcy trial, setting off a weeks-long hearing after which Judge Steven Rhodes will either approve or nix the city’s...
  • Deadlines near in Chicago Spire bankruptcy case

    Deadlines near in Chicago Spire bankruptcy case
    The next chapter in the long-running saga of the Chicago Spire site will be written during the next few weeks, as creditors get their say in developer Garrett Kelleher's plan to exit bankruptcy protection and restart the project. During hearings in U.S....
  • Judge denies hold-out Detroit creditor motions to block evidence

    DETROIT (Reuters) - A federal judge on Tuesday denied motions by two bond insurance companies that sought to block Detroit from presenting certain evidence at a key hearing on the city's plan to exit bankruptcy. U.S. Bankruptcy Judge Steven Rhodes said...
  • New Foley Ad Boasts His Record At The Bibb Company

    An ad launched Tuesday by the Tom Foley campaign highlights his leadership at the Bibb Co. - the Georgia textile manufacturing company he owned in the 1990s that has been a favorite target of his political opponents. Malloy has criticized Foley for...
  • 'Terminator' Sequels to be Released in 2017, 2018

    Paramount Pictures is amping up its rebooted "Terminator" franchise, dating two sequels to "Terminator: Genisys," which opens July 1. The studio has dated "Terminator 2" for May 19, 2017, and "Terminator 3" on June 29, 2018. "Terminator 2" is the...
  • Can We the People govern ourselves?

    Can We the People govern ourselves?
    We take for granted that the democratic or republican forms of government are inevitable and natural, that they are the best way to govern, and certainly far ahead of whatever comes in second. If so, then, how do you explain: Illinois? Chicago? The...
  • The Divvy blues: Bike-sharing program facing growing pains

    The Divvy blues: Bike-sharing program facing growing pains
    One recent Tuesday morning, Jennifer Burgess left her Lakeview home and walked to the nearest Divvy station, at Racine and Diversey avenues. Since it was 10 a.m. and raining, Burgess figured not many people would be taking advantage of Chicago's bike-...
  • Businesses accusing Yelp of extortion lose another round in court

    Can a business buy itself an amazing rating on Yelp? Maybe. The influential ratings website denies tampering with any reviews, but a federal appeals court ruled that it can if it wants to — saying it would not amount to extortion. The decision...