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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
  • Doubts over whether Detroit bankruptcy plan gets job done

    DETROIT Reuters) - Detroit's plan to recover from bankruptcy includes several blueprints for a new future. The only problem is the city, the largest ever to file for bankruptcy, is still a long way from financially healthy and its restructuring plans...
  • RadioShack, running out of options, says it may file for bankruptcy

    RadioShack, running out of options, says it may file for bankruptcy
    Facing falling sales and accelerating losses, electronics retailer RadioShack Corp. warned it may file for bankruptcy. In a filing with the Securities and Exchange Commission, the Fort Worth company said Thursday it may need to file for Chapter 11 if...
  • Liberal Activists In Connecticut Want Elizabeth Warren To Run

    Liberal Activists In Connecticut Want Elizabeth Warren To Run
    TORRINGTON — U.S. Sen. Elizabeth Warren is not — I repeat, not — running for president. The Democrat from Massachusetts has said over and over that she will not be a candidate in 2016. She even recently had her attorney send a letter...
  • Tolland Public Works Director's Wife Accused Of Stealing $10,400 From Town Of Tolland

    VERNON — Lori Langlois, the wife of Tolland's public works director, submitted phony or inflated invoices to the town of Tolland that netted her $10,400, according to the warrant for her arrest, which was filed Tuesday in Superior Court in...
  • Detroit's bankruptcy heads to court for crucial hearing

    DETROIT Detroit's bankruptcy will culminate in a high-stakes court battle starting Tuesday that will determine the fate of the city's plan, which would pay pensioners more than financial creditors, preserve the Detroit Institute of Arts and slash more...
  • Businesses accusing Yelp of extortion lose another round in court

    Can a business buy itself an amazing rating on Yelp? Maybe. The influential ratings website denies tampering with any reviews, but a federal appeals court ruled that it can if it wants to — saying it would not amount to extortion. The decision...
  • More mediation ordered over potential Detroit bankruptcy deal

    More mediation ordered over potential Detroit bankruptcy deal
    Detroit, Syncora Guarantee Inc and other parties will remain in mediation indefinitely over a possible settlement in U.S. Bankruptcy Court, a federal judge ordered on Thursday. U.S. District Judge Gerald Rosen, the chief mediator in Detroit's historic...
  • Trump Entertainment begins race to save Atlantic City casino

    Trump Entertainment begins race to save Atlantic City casino
    WILMINGTON — Trump Entertainment Resorts Inc.'s first day in bankruptcy court in Wilmington Wednesday went off without a hitch. Judge Kevin Gross approved all the standard motions needed for Trump to continue operating as it tries to work out a...
  • RadioShack restructuring begins to takes shape

    RadioShack restructuring begins to takes shape
    Troubled electronics retailer RadioShack Corp , whose shares swung wildly on Wednesday, is being advised by a restructuring attorney at law firm Jones Day as it tries to strike a deal with creditors to close stores while averting bankruptcy, two people...
  • Rothstein judges approve Ponzi victims' settlement plan worth more than $50M

    Rothstein judges approve Ponzi victims' settlement plan worth more than $50M
    Scott Rothstein's Ponzi scheme was unusual on many fronts — it was one of the biggest and most audacious in U.S. history. But federal authorities say it is also unusual because, unlike most such frauds, they expect that almost all of the victims...
  • Deal between Detroit, creditor seen as bankruptcy case breakthrough

    A tentative agreement to settle claims between Detroit and one of the most vociferous opponents to its plan to reduce its debt is a key breakthrough that could bring a speedier end to the city’s bankruptcy trial, court documents and an analyst say....