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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 78-88
  • Detroit discussed vacant land sale with Sam Zell, Blackstone

    The investment banker representing the City of Detroit had talks with billionaire real estate investor Sam Zell and investment firm the Blackstone Group about selling them the city's vacant property, but the investors weren't interested, the Free Press...
  • Fund managers turn gumshoe as forensic short-selling pays off

    LONDON (Reuters) - Fund managers are increasingly turning to investigative tactics, detailed accounting analysis and corporate sleuthing in a bid to uncover skeletons in company closets that can offer an investment edge in a low-yield world. While...
  • Help Wanted: Quitting endangers unemployment benefits

    DEAR CARRIE: I lost my job as a manager after 14 years. I put in a claim for unemployment benefits and started receiving them. In the meantime a former co-worker told me about a restaurant job. I called and was hired over the phone. I jumped right in even...
  • Fuddruckers Deluxe Bar & Grill to open in Newport News Aug. 26

    Fuddruckers Deluxe Bar & Grill to open in Newport News Aug. 26
    Fuddruckers, known for Build Your Own burgers, is returning to Newport News in the former Cheeseburger in Paradise restaurant location on Aug. 26, the general manager confirmed. Houston-based Luby's Inc., the parent company of both restaurant chains, is...
  • 08/11: Bankruptcies

    Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Samar Automotive Inc., 1315 E. State Road 50, Clermont. Filed: Aug. 1. Assets: $2,597. Liabilities: $476,031. Major...
  • Do top-flight, foreign airlines get unfair lift in U.S.?

     Do top-flight, foreign airlines get unfair lift in U.S.?
    The world's highest-rated overseas airlines have entered the Chicago market in recent years, including one last week, highlighting economic opportunity for Chicago but also fueling controversy about whether foreign carriers have an unfair advantage over...
  • DirecTV and AT&T look to take over Houston sports channel

    AT&T's $49-billion deal to buy satellite broadcaster DirecTV has a long way to go before closing, but the two companies are already partnering on a Houston sports channel. DirecTV and AT&T have submitted a plan to a U.S. Bankruptcy Court judge in...
  • Social Security crisis closer than you think

    The latest Social Security Trustees' report shows the projected dates of insolvency for the program's trust funds remain largely unchanged. Regrettably, some misinterpret this as an indication that Social Security doesn't require immediate reform. Make no...
  • KidsPeace emerges from bankruptcy

    KidsPeace, the Orefield-based organization that's been treating troubled children for more than a century, emerged from bankruptcy Friday after shedding more than $80 million in pension obligations and millions of dollars in yearly debt. Fourteen months...
  • Parliament House files for Chapter 11 bankruptcy

    Parliament House files for Chapter 11 bankruptcy
    Parliament House, a gay resort and entertainment complex, filed for Chapter 11 bankruptcy on Friday citing $15.5 million in debt. The 4.5-acre complex defaulted on loans during the recession in 2009 and has been locked into a foreclosure and refinancing...
  • Maryland agencies need to improve oversight of group homes, officials say

    Maryland agencies need to improve oversight of group homes, officials say
    State officials said at a legislative briefing Thursday that their agencies must do more to flag financial mismanagement at group homes — problems similar to those that went unheeded at an Anne Arundel County facility where a 10-year-old disabled...