Displaying items 13-24 of 2000
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Bob Lutz, Chinese in bid to buy Fisker Automotive -sources
ReutersDETROIT, May 21 (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter...Tags: Hong Kong, Bankruptcy, General Motors Corp., Manufacturing and Engineering, Chevrolet
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KidsPeace files for bankruptcy
Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....
Tags: Bankruptcy, New York City, Layoffs and Downsizing, Pension and Welfare, Corporate Officers
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In Karoly will dispute, millions in administrative expenses
In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...Tags: Finance, Lawyers, Crime, Law and Justice, Allentown, Bankruptcy
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Battery maker B456 Systems' bankruptcy plan approved
ReutersMay 21 (Reuters) - B456 Systems Inc, the lithium-ion battery maker which received a $249 million U.S. government grant, won court approval for its bankruptcy plan on Monday. Judge Kevin Carey approved the plan under which unsecured creditors of the...Tags: China, Automotive Equipment, Bankruptcy, Kevin J. Carey, General Motors Corp.
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Ghosts of incinerator bond deal haunt Harrisburg election
Reuters(Reuters) - In Harrisburg, Pennsylvania's cash-hungry capital city, local political battles are waged much as they are across the United States: with big personalities and bare-knuckled verbal brawls. But unlike most cities, Harrisburg's financial...Tags: Credit and Debt, Harrisburg (Dauphin, Pennsylvania), Bank of America Corp., Health Insurance Cost, Local Government
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For Detroit in crisis, next six weeks determine bankruptcy fate
ReutersBy Bernie Woodall and Karen Pierog DETROIT, May 19 (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to...Tags: Credit and Debt, Rick Snyder, Bonds, Bankruptcy, Credit Ratings
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Some recession victims feel lucky to be working harder
arnoldp@herald-mail.comOne thing Ed Grimes hates about his current work schedule is trying to explain it to others. “It’s confusing,” he said. Since being laid off in 2009 after nearly four decades at Hagerstown’s Noland Company, the 61-year-old...Tags: Vehicles, Unemployment Benefits, Labor Legislation, The Herald-Mail, Values
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Aberdeen-area bankruptcies for May 9-15, 2013
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for May 9-15, 2013. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers...Tags: Bankruptcy
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Special Report: The Rise and Fall of China's Sun King
ReutersHONG KONG (Reuters) - In a 2010 speech before a packed ballroom of university students in Sydney, Shi Zhengrong, founder of Chinese solar-panel maker Suntech Power Holdings Co Ltd, listed the people who had been important in his rise to fame and riches....Tags: Credit and Debt, Science and Technology, Barack Obama, Solyndra LLC, Parties and Movements
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How not to run a local government
One of the more enjoyable aspects of my public career was an excellent relationship with public safety unions. Law enforcement, fire and EMT groups were supportive of my races for the state legislature, Congress and governor. Although not unheard of,...Tags: U.S. Congress, Robert L. Ehrlich Jr., Bankruptcy, Pension and Welfare, California Public Employees' Retirement System
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05/13: Bankruptcies
Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Central Orlando Properties LLC, 840 Kenilworth Terrace, Orlando. Filed: May 3. Estimated assets: $0 to $50,000....
Tags: Orlando, Bank of America Corp., Companies and Corporations, Bankruptcy, Business
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Bridgeport Is Worse Off Than Stockton
Stockton is one of California's larger cities. Nearly a year ago, its city council voted to file for bankruptcy. This is the largest municipal bankruptcy filing in the nation's history. Bridgeport, however, is in worse financial condition that Stockton...
Tags: Bankruptcy, Pension and Welfare, Judges, Bridgeport (Fairfield, Connecticut), Finance
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Allentown Morning Call
May 21, 2013
|Story| Reuters
May 19, 2013
|Story| Reuters
May 19, 2013
|Story| Reuters
May 18, 2013
|Story| Herald Mail
May 19, 2013
|Story| Aberdeen News
May 20, 2013
|Story| Reuters
May 19, 2013
|Column| Baltimore Sun
May 12, 2013
|Story| Orlando Sentinel
May 17, 2013
|Story| Hartford Courant
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