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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
  • Kadner: People don't know much about Chicago's future

    Kadner: People don't know much about Chicago's future
    I don't know. That's what I've been telling readers asking my thoughts on a solution for Chicago's financial mess. I understand their concern. When the credit ratings reach junk bond status for the city, its schools and its park district, there's reason...
  • Wesley Clark: The penny-stock general

    WASHINGTON Sixteen years ago, Wesley Clark was the four-star U.S. Army general running the Kosovo war. These days, he's been pitching food-truck franchises to military veterans and helping a convicted felon raise money to grow hydroponic lettuce. "We'd...
  • Appeals court: GM does not owe $450M to UAW retirees

    A federal appeals court upheld a lower court ruling that General Motors does not have to make a $450 million contribution to the United Automobile Workers trust responsible for health care covering union members who retired from GM's former parts unit. A...
  • Detroit museum considered selling Van Gogh to buy other art

    Detroit Institute of Arts director Graham Beal says he considered selling a Van Gogh painting to raise money to buy other works for the museum. Beal told Detroit News columnist Laura Berman that he spoke with an auction house about selling "Still Life...
  • Ex-Freedom Industries president faces new fraud charge

    Ex-Freedom Industries President Gary Southern faces a new federal fraud charge stemming from the company's bankruptcy. A federal grand jury in Beckley issued a superseding indictment Tuesday against Southern and former Freedom executive Dennis Farrell....
  • Judge rejects bankruptcy plan for company in chemical spill

    A judge has rejected a $6.7 million bankruptcy plan by the company behind a January 2014 chemical spill in West Virginia. In a federal bankruptcy court filing Wednesday, Judge Ronald Pearson said Freedom Industries and state environmental regulators...
  • Defunct firm loses round in 17-year insurance fight

    Defunct firm loses round in 17-year insurance fight
    A judge has ordered a defunct Nebraska insurance company to pay Florida regulators at least $2.2 million, but this week's ruling isn't likely to settle the case that began in 1998. The Nebraska Supreme Court has already ruled on aspects of the case four...
  • Correction: Wells Fargo-Lawsuit story

    In a story May 12 about a lawsuit against Wells Fargo Bank, The Associated Press misspelled the last name of a venture capitalist. His name is B. Douglas Morriss, not B. Douglas Morris. A corrected version of the story is below: Missouri jury awards...
  • LVIA wants to lock in its four big airlines for five years

    LVIA wants to lock in its four big airlines for five years
    The Lehigh-Northampton Airport Authority is negotiating a deal designed to prevent its four major airlines from leaving Lehigh Valley International Airport, but it would come at a cost: Those airlines would take more control over how the airport is run....
  • America dependent on successful education system

    Why is education funding for our children one of the first targets for conservatives when reducing state and local budgets? And why are tax cuts for businesses and the wealthy more important than providing our children and grandchildren with a quality...
  • SEC says for-profit ITT college executives engaged in fraud

    SEC says for-profit ITT college executives engaged in fraud
    The U.S. Securities and Exchange Commission levied fraud allegations Tuesday against a major for-profit college company, accusing ITT Educational Services Inc. of hiding the “extraordinary failure” of two student loan programs from investors....