| Jun 9, 2014
| 1:31 PM
The investors buying 1st Mariner Bank said Monday that they've received the regulatory approvals they need and expect to close on the deal as soon as next week, turning the page on the Baltimore institution's most tumultuous chapter.
The purchasers ...
| Jun 9, 2014
| 3:03 PM
Bankruptcy courts are the mark of an advanced legal society. Think of the alternatives. Debt-slavery is inhumane. Debtors' prison is inefficient. And breaking a trader's bench and banning him from the market doesn't get anybody's assets back. But how...
| Jun 13, 2014
| 10:00 AM
Home improvement projects can easily cost tens of thousands of dollars, which means the stakes are high if something goes wrong.
And things do. Maryland regulators received more than 4,400 complaints about home improvement contractors in the last...
| Aug 14, 2014
| 9:00 PM
The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The seventh-largest bank in the U.S. at the time, Continental Illinois had $40 billion in assets, but many of those assets were bad...
| Aug 17, 2014
In this year's one contested race for Seminole County judge, voters must decide between incumbent Jerri Collins and two candidates who have filed for bankruptcy, Alex Finch and Sandra I. Rivera.
Collins, 52, has been on the bench eight years,...
| Aug 5, 2014
| 5:59 PM
Joe Francis could be headed for a jail cell. Again.
The "Girls Gone Wild" founder, famous for tempting intoxicated spring-breakers to mug for cameras topless and French kiss their friends in videos he'd later make millions from, could now be the subject...
| Jul 29, 2014
| 7:44 PM
The U.S. Consumer Product Safety Commission (CPSC) and Best Buy are warning consumers that 10 different recalled products continued to be sold or were resold by Best Buy, Magnolia stores and liquidators Best Buy Private Auction, CowBoom and...
| Jun 5, 2014
GM's CEO Mary Barra in a employees' town-hall meeting today announced that 15 employees have been fired and five others disciplined over the handling of the faulty ignition switches. An internal audit, which Barra called "extremely thorough, brutally...
| Sep 30, 2013
| 8:15 PM
Fresh & Easy Neighborhood Market Inc. filed for Chapter 11 protection in U.S. Bankruptcy Court less than a month after being promised to Los Angeles billionaire Ron Burkle.
The grocery chain, in the process of trading hands from British supermarket...
| Mar 17, 2014
| 11:42 AM
Quizno's, the sandwich chain known for its toasted sandwiches, filed for bankruptcy protection Friday. But toasters at locations around the country will remain hot and ready.
The Denver-based company's board voted for a pre-packaged restructuring...
| Aug 13, 2013
| 8:41 PM
After years of airline mergers that have dramatically reduced choices for travelers, the U.S. Justice Department has sued to halt what would be the largest airline marriage in U.S. history.
The Justice Department joined six states and the District of...