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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's emergency manager resigns, saying emergency will soon be over

    Detroit's emergency manager resigns, saying emergency will soon be over
    Michigan's governor on Tuesday accepted the resignation of Detroit's emergency manager, Kevyn Orr, saying the city's financial emergency will soon be over. Orr was appointed last year to take over the city’s books and guide it through its...
  • Ronald Saypol dies at 85; led model-train maker Lionel into retailing

    Ronald Saypol, who transformed Lionel Corp., the biggest U.S. maker of electric model trains, into a toy retailer that years later went bankrupt, has died. He was 85. He died Nov. 28 at a nursing home in Jackson, Wyo., after several years of ill health,...
  • Ex-Quinn aide wins close vote to lead city-state sports body

    Ex-Quinn aide wins close vote to lead city-state sports body
    Gov. Pat Quinn is not short on late-inning drama as he prepares to leave office in about a month. A contentious 4-3 vote by the Illinois Sports Facilities Authority board allowed Quinn's former campaign manager, Lou Bertuca, 30, to become its new...
  • Sam Zell wants to run grocery stores? Tribune redux

    Sam Zell wants to run grocery stores? Tribune redux
    One does not amass billions of dollars without learning a thing or two about making shrewd investments. "Sam Zell knows all about buying low and selling high," television's Maria Bartiromo explained in 2010, in case you were wondering. Zell, a...
  • Omega's story speaks to rise of healthcare properties

    Omega's story speaks to rise of healthcare properties
    Omega Healthcare Investors Inc. faltered in the late 1990s after cuts to Medicare and Medicaid drained the business of clients. As federal budget cuts rippled through the system, Omega reeled. Founded in 1992, the Hunt Valley-based real estate investment...
  • 'Villa Mizner' brings Boca's Addison Mizner to life

    'Villa Mizner' brings Boca's Addison Mizner to life
    Henry Flagler and his railroad may have given birth to Palm Beach, but Addison Mizner gave it style and panache. The flamboyant architect whose designs left an indelible mark on South Florida, comes roaring to life in "Villa Mizner: The House That...
  • Short sale can have grave tax implications

    By Ilyce Glink and Samuel J. Tamkin Q: I am about to close on a short sale in Atlanta and I am being told my lender is going to issue me a 1099C. Can you give me the name of a good tax person I can speak to that might be willing to help me understand...
  • Merita Bread landmark sign, symbol of old Orlando, comes down

    Merita Bread landmark sign, symbol of old Orlando, comes down
    Workers are dismantling and removing Orlando's giant Merita Bread sign, a neon icon that served as an unofficial gateway to Orlando for generations of Interstate 4 commuters. For more than 50 years, I-4 drivers passing through Orlando were hit by the...
  • L.A. County considers legal action to shut down Exide plant

    L.A. County considers legal action to shut down Exide plant
    Los Angeles County is considering legal action against a Vernon battery recycler accused of threatening the health of nearby residents with its lead and arsenic emissions. The L.A. County Board of Supervisors on Wednesday instructed its lawyers to...
  • Chicago Tribune managing editor leaves to pursue personal interests

    Chicago Tribune managing editor leaves to pursue personal interests
    Jane Hirt, who helped lead the Chicago Tribune newsroom through the dark days of bankruptcy and into an unfolding digital future, is stepping down as managing editor to pursue personal interests, the Tribune announced Wednesday. Hirt came to the Chicago...
  • Lumber Liquidators to move jobs from Hampton Roads to Henrico County

     Lumber Liquidators to move jobs from Hampton Roads to Henrico County
    In an effort to prepare for the opening of its new East Coast distribution center, Lumber Liquidators announced plans Tuesday to transfer most of its Hampton Roads workforce to Henrico County. Toano-based Lumber Liquidators operates a 603,000-square-...