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Freedom Communications, owner of The Orange County Register in California and other media properties, is seeking approval of a $300,000 bonus plan for its chief financial officer.
The Catholic Diocese of Wilmington is obligated to pay retirement benefits to six priests who are confirmed pedophiles, church officials argued in a bankruptcy court filing seeking permission to keep making the payments.
Mall operator General Growth Properties Inc., which filed the largest U.S. real estate bankruptcy case in history earlier this year, said Thursday its lenders have agreed to restructure some $8.9 billion in shopping mall mortgage loans.
A bankruptcy auction of the company that publishes The Philadelphia Inquirer and Philadelphia Daily News has been postponed while creditors appeal a key ruling.
Donald Trump ended his war with bondholders of the casino company that bears his name, settling Tuesday for 10 percent of Trump Entertainment Resorts once it emerges from bankruptcy.
Simmons Co., maker of Beautyrest mattresses, has filed for bankruptcy protection.
In a Nov. 9 story about Lear Corp. emerging from bankruptcy protection, The Associated Press erroneously reported that third-quarter results would be released on Nov. 11. Those results were released on Nov. 9.
Alabama's most populous county filed suit Friday blaming Wall Street powerhouse JPMorgan Chase and others for the financial disaster that brought it to the brink of what would be the largest municipal bankruptcy in U.S. history.
Former hostage Terry Anderson, who was held captive in the Middle East for 6 1/2 years, has filed for bankruptcy.
The owners of a nightclub and lounge on the Las Vegas Strip have filed for bankruptcy protection in Florida.
Bondholders who are owed more than $550 million by FairPoint Communications Inc. have withdrawn a motion asking a bankruptcy judge to appoint an examiner to investigate factors leading to FairPoint's Chapter 11 bankruptcy last month.
The bankruptcy auction for The Philadelphia Inquirer and Philadelphia Daily News is on hold one week while creditors appeal a key bid rule.
A judge says creditors trying to take over Philadelphia's two major newspapers in a bankruptcy auction must bid in cash, not with the millions owed them.
The Honolulu Symphony said Friday it's canceling concerts for the rest of the year and filing for bankruptcy, citing a big drop in donations.
A Mississippi woman has been sentenced to nearly three years in prison for hiding more than $255,000 from a bankruptcy trustee.
In a Nov. 1 story about CIT Group's bankruptcy filing, The Associated Press erroneously reported that Brandes Investment Partners LP holds 9.7 percent of CIT Group's common stock. CIT's Chapter 11 filing lists Brandes as a shareholder as of Feb. 15, but a spokesman for the firm said Brandes sold all of its clients' positions in CIT during the middle of the year.
Auto parts maker Lear Corp. emerged Monday from four months in bankruptcy protection, saying it has a healthier balance sheet, less debt and a backlog of new business.
Federal officials began the process of choosing creditor representatives in the Catholic Diocese of Wilmington's Chapter 11 bankruptcy by meeting with diocesan officials behind closed doors Wednesday.
The owners of Philadelphia's two major dailies are waging a late-stage battle to keep the newspapers from creditors in a looming bankruptcy auction.
A Chapter 11 filing usually means the end of the road for financial companies since they rely so heavily on customer trust. CIT Group Inc. is hoping that its case will be different.
A judge Friday allowed Canada's insolvent media giant Canwest Global Communications to transfer the National Post into one of its divisions that is not under bankruptcy protection to stave off folding the unprofitable daily newspaper.
FairPoint Communications says it expects to seek $30 million in concessions from unions as part of its Chapter 11 bankruptcy filing.
A subsidiary of the Chickasaw Nation of Oklahoma received court approval Wednesday to buy Magna Entertainment Corp.'s Lone Star Park horse track in Texas, albeit for $20 million more than the tribe first thought it would spend.
A Delaware bankruptcy judge has deferred action on the Tribune Co.'s request to halt a lawsuit alleging that Chairman Sam Zell misused an employee stock ownership plan in taking the company private in a 2007 leveraged buyout.
Attorneys general say a student loan company has agreed to forgive almost $113 million in debts for students of a Nevada-based helicopter flight school that went bankrupt in 2008.
Fraser Institute spins bankruptcy facts | rabble.caConclusion Canada's universal, government- run, monopoly health insurance system was not associated with lower rates of bankruptcy in Canada compared with the United States in either 2006 or 2007.
GM to start repaying debt to U.S. government next monthGeneral Motors is expected to announce on Monday that it will begin repaying its debt to the United States next month, years earlier than required.
Ross Hemsworth Bankruptcy and DonationsUK Citizens Extradition Fight Unfair Extradition Without Evidence Ross Hemsworth Bankruptcy and Donations
Taxpayers on hook as some bailed-out firms prove frailAfter accepting a $2.3 billion emergency cash infusion fro the feds one year ago, CIT Group is in bankruptcy court. TARP funds recipient United Commercial Bank of San Francisco failed last week at a cost to taxpayers of $299 million.
Bankruptcy and Medical Debt, 2003 and 2004 just over 50% of filings resulted from medical debtAccording to BCS Alliance.com, credit and debt solutions, nearly 50% of personal bankruptcies filed in 2003 and 2004 were the result of medical debt but a surprising number of those that filed had insurance and there were other options.
Honolulu Symphony Files For BankruptcyHONOLULU -- The Honolulu Symphony Society Board of Directors announced on Friday that it has decided to file for Chapter 11 bankruptcy.
Struggling lender files bankruptcyAfter struggling for months to avert bankruptcy, lender CIT Group has filed for Chapter 11 protection in an attempt to restructure debt while trying to keep needed loans flowing to midsized and small businesses.
CIT, Goldman in tentative pactNEW YORK (Reuters) – CIT Group Inc (CIT.N), a large finance company trying to avoid bankruptcy, reached a tentative agreement with Goldman Sachs Group Inc (GS.N) over a disputed payment on a $3 billion loan, Dow Jones Newswires reported on Thursday, citing people familiar with …
Fall Of The Republic: The Presidency Of Barack H ObamaFall Of The Republic documents how an offshore corporate cartel is bankrupting the US economy by design. Leaders are now declaring that world government has arrived and that the dollar will be replaced by a new global currency.
Retired, Broke and facing BankruptcyOlder Americans are heading into and through retirement with a boatload of debt. They're carrying everything from mortgages and home-equity loans to big credit-card balances, and many are finding the burdens harder and harder to bear.
Rep. Alan Grayson to Republicans: Get Out of the Way. America Doesn't Care About Your Feelings.Grayson has some words for Democrats and Republicans and it sure isn't going to make him a lot of friends in the chambers, but he's fighting for the people in the face of a lot of opposition.
Personal Bankruptcy Filings Soar - WSJ.comBut a tough economic climate has sent filings soaring again and ABI expects personal bankruptcies to exceed 1.4 million by the end of the year.
This is a follow-up to my previous article, "Health Care Myths: AARP Supports Attacks on Elderly...." This was not orginally intended as part 2 of my article, because it is not even lprimarily my article. Most of this was written by marc-1276940.
Wet Planet, Makers of Jolt, Bankrupt: Reports EmergingWet Planet Beverages, which owns Jolt Cola, has filed for bankruptcy protection in a Manhattan court on Monday, after a dispute with drinks can maker Rexam, Reuters is reporting.
What's most likely to bankrupt you"Medical problems caused 62% of all personal bankruptcies filed in the U.S. in 2007, according to a study by Harvard researchers.
Pirate Bay buyer faces bankruptcy The bankruptcy suit for the Swedish advertising and software company has been submitted to the Stockholm District Court, according to a report in Svenska Dagbladet.
Barney Frank Considers Cramdown LawFrank, chairman of the House Committee on Financial Services, said Congress should revisit the issue of allowing bankruptcy judges to modify mortgages if the banking industry does not increase the pace of its help to homeowners, The Washington Post reported Thursday.
The Rise Of Fed-Up JudgesSeveral reports over the last few days have featured judges who have gotten fed up with the shoddy paperwork turned in by banks that are trying to take back properties from hard-luck homeowners. The judges are fighting back.
Music: MY COUNTRY 'TIS OF THEE I find government intrusion, into the price of milk, revolting. Why should the price of anything be controlled? One reason would be to allow politicians to bribe consumers for the votes of consumers.
Here I go. Our country is about to collapse as a democracy simply because of the hatred expressed through the healthcare debate. If this was only about Americans receiving healthcare, there would be no debate. Healthcare is a necessity. No, this is about greed.
New York gov OKs OTB bankruptcy filingNew York Governor David Paterson on Tuesday signed an executive order that will enable the troubled New York City Off-Track Betting Corp to file for bankruptcy as a municipality.
Newspaper chain files Chapter 11 bankruptcyThe company that owns The Orange County Register in California and dozens of other newspapers on Tuesday became the latest publisher to seek bankruptcy protection, driven into financial despair by a staggering drop in advertising revenue.
Medical Bankruptcy in the United States, 2007: 62% of Bankruptcies are Medical. 78% Originally had Insurance (PDF)RESULTS: Using a conservative definition, 62.1% of all bankruptcies in 2007 were medical; 92% of these medical debtors had medical debts over $5000, or 10% of pretax family income.
Subtitle: Wait! You Mean They Were Scripted? And Serious?
Until Medical Bills Do Us Part: How the existing health care system breaks up familiesThe hospital arranged a conference call with a social worker, who outlined how the dementia and its financial toll on the family would progress, and then added, out of the blue: "Maybe you should divorce."
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