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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 67-77
  • US stocks sink in midday trading; BofA and Citigroup fall after reporting weak results

    Stocks are falling in midday trading following disappointing results from Bank of America, Citigroup and other companies. Radio Shack plunged 24 percent Thursday following a report that the struggling electronics retailer could file for bankruptcy....
  • Caesars bankruptcy shouldn't affect Horseshoe

    Caesars bankruptcy shouldn't affect Horseshoe
    The division of Caesars Entertainment Corp. that operates the Horseshoe Casino Baltimore filed for bankruptcy protection Thursday, but customers of the Russell Street gambling destination should barely notice the restructuring. "There will be no impact...
  • AccuPay owners accused of taking $2.5M in indictment

    AccuPay owners accused of taking $2.5M in indictment
    A Bel Air couple who ran a now-closed Harford County payroll services firm pocketed at least $2.5 million by funneling client money owed to tax authorities into a personal bank account, according to a criminal indictment filed this week. Beverly and...
  • Congress, fix our roads

    The following editorial appeared in the Miami Herald on Wednesday, Jan. 14: When last we suggested back in summer that raising the fuel tax was a good idea, the average national price of regular gasoline stood near $3.60 a gallon. On Tuesday, the price...
  • Bet on boom times now leading to bankruptcy filing for part of Caesars' casino empire

    Company lawyers said Wednesday that a division of financially troubled Caesars Entertainment Corp. will head to court in Chicago on Thursday to file for Chapter 11 bankruptcy protection. The lawyers revealed the timing and location of the move in a legal...
  • Baseball owners honor Bud Selig during his final meeting with them as commissioner

    Major League Baseball owners gathered Wednesday for their annual January meeting in the desert with one big item on the agenda — honoring Bud Selig in his final gathering with them as commissioner. About 250 people were expected at a dinner in...
  • Moorlach announces run for state Senate

    Moorlach announces run for state Senate
    Former Orange County Supervisor John Moorlach announced Wednesday that he intends to run for the state Senate. Moorlach, who had been mulling the decision for the past several weeks, is seeking the 37th Senate District seat vacated by Mimi Walters (R-...
  • Official handling Ocean View schools' asbestos cleanup put on leave

    Official handling Ocean View schools' asbestos cleanup put on leave
    The Ocean View School District, reeling after three schools were temporarily closed over asbestos concerns, took steps Tuesday night to avert possible insolvency, even as trustees faced a storm of criticism for placing the administrator handling the...
  • Municipal pensions in Pennsylvania facing combined $7.7 billion debt

    Municipal pensions in Pennsylvania facing combined $7.7 billion debt
    HARRISBURG — Carrying more than $7.7 billion in total debt, municipal pensions could lead to bankruptcies of cities, boroughs and townships across Pennsylvania, state officials warned. A rising stock market alone can't fix the debt, because many...
  • HomeMade Pizza creditors expected to get 'pennies,' court official says

    HomeMade Pizza creditors expected to get 'pennies,' court official says
    Creditors of HomeMade Pizza Co., which filed for bankruptcy in December, are expected to get "pennies on the dollar" as the ready-to-bake pizza chain works its way through proceedings, a court official said. Bankruptcy trustee Allan DeMars met with...
  • Johnson Memorial Files For Bankruptcy To Become Saint Francis Subsidiary

    The parent company of Johnson Memorial Hospital in Stafford on Wednesday filed for Chapter 11 bankruptcy protection to clear the path for acquisition by Saint Francis Care in Hartford. Johnson Memorial Medical Center's executives decided to file for...