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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
  • Jury: Billionaire looted mining firm; trial eyed huge home

    Billionaire Ira Rennert plundered a now-bankrupt mining company to pay for personal luxuries, jurors found Friday after a trial that spotlighted one of the world's biggest private homes. A Manhattan federal jury levied $118 million in damages against...
  • Parliament House emerges from bankruptcy

    Parliament House emerges from bankruptcy
    The owner of Parliament House, a gay-themed resort on Orlando’s west side, has emerged from bankruptcy after shedding millions in debts. The resort has plans to refinance, renovate and expand, said R. Scott Shuker, the resort’s bankruptcy...
  • Drag queen reality show heads to Parliament House, owner says

    Drag queen reality show heads to Parliament House, owner says
    Don Granatstein says the gay-themed Parliament House resort is about to be reborn, with the help of a reality TV show about drag queens. Yes, Granatstein and his wife Susan have been planning the rebirth of Parliament House for years. But it appears the...
  • US regulators close small Georgia bank

    Regulators have closed a small lender in Georgia, making it the third U.S. bank failure of 2015 following 18 closures last year. The Federal Deposit Insurance Corp. said Friday that it has taken over Capitol City Bank & Trust Co., based in Atlanta....
  • Sketches of challengers to health care law subsidies

    A look at the four Virginia residents who are suing the Obama administration over the health care overhaul. They all are eligible for subsidies that would significantly reduce the cost of their health insurance premiums, but say they would rather not have...
  • Report: Solar project fizzles, could cost taxpayers millions

    The concept behind the massive solar project sounded simple enough: borrow $88 million to install panels on public buildings in Morris, Somerset and Sussex counties and then sell excess electricity, using the revenues to pay off the debt. The concept was...
  • Missouri lawmakers talk virtual school option for students

    Missouri senators are to consider a measure this week that could expand access to online education for children living near struggling school districts — a proposal that has drawn concerns about accountability for such programs and the potential...
  • America's largest Christian bookstore chain files for bankruptcy

    America's largest Christian bookstore chain files for bankruptcy
    America's biggest Christian bookstore chain, Family Christian Stores, has filed for Chapter 11 bankruptcy protection. The Michigan company says it won't lay off any employees or close any of its stores, however. Publishers Weekly reports that the chain,...
  • The Los Angeles Philharmonic faces up to a daunting future

    The Los Angeles Philharmonic faces up to a daunting future
    On a serene summer evening, Deborah Borda, chief executive of the Los Angeles Philharmonic, settled into her box seat at the Hollywood Bowl. As the musicians took the stage, a woman yelled in Borda's direction: "We can't keep doing Mahler if we want to...
  • Greece, creditors open to compromise but deal still far off

    Signs that Greece and its European creditors are open to compromise boosted market hopes on Friday that the sides can reach a deal to save the country from bankruptcy. But any agreement will likely take time, with both sides pressing hard for concessions....
  • Taj Mahal casino closing poker room for remake, July reopen

    Atlantic City' Trump Taj Mahal casino is closing its money-losing poker room for a makeover and plans to re-open it by summer. Trump Entertainment Resorts CEO Robert Griffin said the room has become unprofitable for the casino, which is struggling to...