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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 89-99
  • 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...
  • Doctor had trail of troubles before assault accusations exposed past rape conviction

    Doctor had trail of troubles before assault accusations exposed past rape conviction
    Amber English was looking for a new job when her mother said their neighbor, the silver-haired doctor, was hiring. Then 26, English started as a medical assistant for Dr. William Dando in the spring of 2012, helping him with laser surgeries and other...
  • Arrest warrant issued for 'Girls Gone Wild' founder Joe Francis

    Arrest warrant issued for 'Girls Gone Wild' founder Joe Francis
    Joe Francis, the founder of the “Girls Gone Wild” video empire has a $500,000 warrant out for his arrest. The city attorney's office said the arrest warrant was issued for multiple reasons, including that he is living in another country...
  • Player, not pawn, Rothstein associate gets five years

    Player, not pawn, Rothstein associate gets five years
    She may have held an impressive title — chief financial officer at Scott Rothstein's law firm — but Irene Shannon's attorney described her as nothing but a pawn to South Florida's king of fraud. Friday, a federal judge disagreed. U.S....
  • Garment broker is seeing rebirth of local apparel factories

    Garment broker is seeing rebirth of local apparel factories
    Mike Angel Reynoso grew up with the sound of sewing machines. He played as a boy in his mother's Lincoln Heights garment factory and helped pack shipments as a teen. Now 31, he strolls through the Rong Li Fashion factory in Arcadia, where a grinding...
  • Detroit bankruptcy judge angrily tosses hold-out creditor's charges

    Detroit bankruptcy judge angrily tosses hold-out creditor's charges
    A U.S. Bankruptcy Court judge late on Thursday removed allegations made by one of Detroit's remaining hold-out creditors against mediators in the city's historic municipal bankruptcy case. Judge Steven Rhodes chastised Syncora Guarantee Inc for...
  • Problems persist for high-profile back surgery firm, patients

    Christine Harrison suffered from a chronically sore back. Watching Fox & Friends one morning, she saw an interview with a doctor who promised "excellent pain relief" for people like her. The doctor was promoting North American Spine, a high-profile...
  • Special Report: The billion-dollar fall of the house of Espirito Santo

    LISBON (Reuters) - On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to Venezuela's state oil company, which had...
  • Chicago wants Harvey's water collections seized

     Chicago wants Harvey's water collections seized
    On the edge of Chicago's West Pullman neighborhood, city pipes pump millions of gallons of water a day across the Cal-Sag Channel to the scandal-plagued suburb of Harvey. For years, Harvey has, in turn, resold the city's water to its residents,...
  • Discuss options with lender to avoid foreclosure

    Discuss options with lender to avoid foreclosure
    Q: I have a home worth $850,000. My first mortgage is $650,000, and my second mortgage is about $160,000. The home was once worth $1.2 million. Unfortunately, I am unable to refinance because the appraised value is not there. I tried to do a home...
  • Investors offer $4B loan to bankrupt Detroit with art museum as collateral

    DETROIT An investor group offered to loan the City of Detroit as much as $4 billion up from a $2 billion offer in April to help the city pay off creditors, reinvest in services and emerge from Chapter 9 bankruptcy. But the deal would require the city...