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Baltimore Behavioral Health must repay retirement money
A federal judge has ordered a West Pratt Street clinic and its former chief executive to repay more than 60 current and former employees nearly $50,000 that the private company never deposited into their retirement accounts as required. U.S. District...
Tags: Behavioral Conditions, Bankruptcy, Hospitals and Clinics, Mental Health, Crime, Law and Justice
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CME vows not to sway membership prices after MF Global sales
ReutersBy Tom Polansek CHICAGO, May 22 (Reuters) - CME Group Inc will never influence the price of its memberships, Executive Chairman Terry Duffy said on Wednesday after seats formerly owned by bankrupt broker MF Global Holdings Ltd were sold cheaply....Tags: MF Global, CME Group Inc., Bankruptcy
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Elpida seeks U.S. court approval for sale to Micron
ReutersBy Tom Hals May 22 (Reuters) - Japan's Elpida Memory Inc asked U.S. Bankruptcy Court in Delaware on Wednesday to enforce its reorganization plan sale to Micron Technologies Inc, a final step to creating the world's second-largest maker of memory chips....Tags: Computer Hardware, Bankruptcy, Semiconductors and Active Components, Mutual Funds, Finance
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AMF Bowling plans to merge with New York-based company
AMF Bowling Worldwide Inc. plans to merge with New York-based bowling center operator Bowlmor, the Richmond Times-Dispatch reported. The merger is part of the plan for Hanover County-based AMF Bowling to pay creditors’ debts and exit Chapter 11...
Tags: Economy, Business and Finance, Bankruptcy, Companies and Corporations, Sports, Hampton Roads
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Suntech's local creditors claim $2.5 bln as restructuring starts
ReutersBy David Lin and Charlie Zhu WUXI, China/HONG KONG, May 22 (Reuters) - Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion,...Tags: Economy, Business and Finance, Bankruptcy, Credit and Debt, Debt Market, Companies and Corporations
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Rhythm & Hues Stalking Horse Bidder Settles for $300K Break-Up Fee (Exclusive)
ReutersMay 21 (TheWrap.com) - JS Communications has agreed to a $300,000 breakup fee for its role as stalking horse bidder in the March sale of bankrupt visual-effects company Rhythm & Hues Studios, according to court filings. The two companies have agreed to a...Tags: Economy, Business and Finance, Bankruptcy, Companies and Corporations, Crime, Law and Justice, Judges
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About a dozen arrests as mine workers protest Patriot Coal bankruptcy in St. Louis
ST. LOUIS (AP) — Another round of protests involving United Mine Workers of America and their supporters results in about a dozen arrests in downtown St. Louis. Several hundred protesters gathered again Tuesday near the federal courthouse, the site...Tags: Bankruptcy, Police Arrests
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U.S. CFTC watchdog faults Gensler for recusal from MF Global probe
ReutersBy Sarah N. Lynch and Douwe Miedema WASHINGTON, May 21 (Reuters) - The chairman of the U.S. derivatives regulator made a questionable call when he chose to distance himself from probing the demise of futures broker MF Global, the agency's internal...Tags: Bankruptcy, Values, Parties and Movements, MF Global, CME Group Inc.
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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: Bankruptcy, General Motors Corp., Finance, Companies and Corporations, China
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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: Layoffs and Downsizing, Interior Policy, Bankruptcy, Guaranty Corporation, Orefield
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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: Economy, Business and Finance, Bankruptcy, Finance, Lawyers, Crime, Law and Justice
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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: Bankruptcy, Kevin J. Carey, General Motors Corp., China, Dwayne Johnson
May 4, 2013
|Story| Baltimore Sun
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Daily Press
May 22, 2013
|Story| Reuters
May 21, 2013
|Story| Wrap
May 21, 2013
|Story| AP Indiana
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Reuters
May 21, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| Allentown Morning Call
May 21, 2013
|Story| Reuters
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