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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
  • Lender: 'New' Revel casino bidders are full of hot air

    Revel's main lender said Wednesday that purported new bidders for Atlantic City's former Revel casino are not serious and it wants a bankruptcy court judge to approve its sale to a Florida developer. Wells Fargo & Co. wants Judge Gloria Burns to...
  • Judge approves RadioShack sale to Standard General

    A bankruptcy judge has approved the sale of more than 1,740 RadioShack stores to hedge fund Standard General, preserving some 7,500 jobs. RadioShack's bankruptcy plan calls for Sprint, the No. 3 U.S. wireless carrier, to operate dedicated "store within a...
  • Ally Financial lease deal keeps headquarters in Detroit

    A Detroit-based automotive financial services company announced Tuesday its headquarters will remain in the city's resurgent downtown rather than move to the suburbs. Ally Financial Inc. signed a 12-year lease to move its headquarters and 700 employees a...
  • Tenants: Rival bidder emerges for shuttered Revel casino

    A billionaire Manhattan developer and veteran New Jersey real estate executive are pursuing Atlantic City's former Revel casino, according to a court filing Tuesday. The court filing by former business tenants at the casino says Howard Milstein of New...
  • Bankruptcy judge approves RadioShack asset sale

    Bankruptcy judge approves RadioShack asset sale
    A Delaware bankruptcy judge has approved the sale of assets of RadioShack to hedge fund Standard General LP that will keep more than 1,700 stores open and preserve more than 7,000 jobs. Tuesday's ruling comes after a court hearing that stretched over...
  • Icahn: Union costs, work rules helped kill 4 AC casinos

    Billionaire investor Carl Icahn says union benefit costs and work rules were a big reason four of Atlantic City's 12 casinos closed last year. Icahn said on Tuesday that Local 54 of the Unite-HERE union "is one of the main contributors to the problems in...
  • Letter: Morally bankrupt U.S. is no longer respected

    Becoming one of the most disrespected nations in the world did not happen overnight. We have gone down this slippery slope over a time period, hardly to notice. In 1979, the U.S. Embassy in Tehran was attacked and 52 U.S. employees were held for 444...
  • Wisconsin towns talk options for neighboring village in debt

    Officials in two Wisconsin towns are looking at their options if they end up incurring more than $3 million in debt of a neighboring village. Daily Herald Media (http://wdhne.ws/1ywHbUc ) reports the towns of Texas and Maine could take on the village...
  • Freedom Industries, state sign spill site cleanup agreement

    Freedom Industries and West Virginia regulators have signed an agreement for cleaning up the site of a 2014 chemical spill in the Elk River that prompted a tap water ban for 300,000 people for days. The agreement announced Tuesday by the West Virginia...
  • New online tool helps budget for a financial emergency

    New online tool helps budget for a financial emergency
    Financial planners often counsel clients to keep up to a year's worth of living expenses in a fairly liquid savings account for emergencies. Long-term joblessness, a major illness or the death of a partner could certainly chew up that hefty sum, but...
  • Today's the last day to use a RadioShack gift card

    Today's the last day to use a RadioShack gift card
    If you're still holding onto a RadioShack gift card, you better make a run to spend it today, The Consumerist reports. The beleaguered retailer filed for bankruptcy protection in early February. It's still unclear what will happen to its thousands of...