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Ambac expects bankruptcy exit this week after IRS deal approved
ReutersApril 29 (Reuters) - Ambac Financial Group Inc's attorney said on Monday the bond insurer could exit bankruptcy as soon as Wednesday after the company received court approval of a $101.9 million settlement with the Internal Revenue Service. Judge...Tags: Manhattan (New York City), Companies and Corporations, Economy, Business and Finance, Internal Revenue Service, Insurance
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04/29: Bankruptcies
Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: MiPark Marketing Services Inc., 13744 Dornoch Drive, Orlando. Filed: April 19. Estimated assets: $0 to $50,000....
Tags: Orlando, Marketing, Fort Lauderdale, Bankruptcy
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Mikulski to propose bill in wake of alleged Harford payroll firm tax fraud
Small businesses would be protected from the type of fraud allegedly committed by Harford County payroll firm AccuPay Inc. under legislation being proposed by Sen. Barbara A. Mikulski. The Maryland Democrat plans to introduce a bill that would require...
Tags: Towson, Theft, Career and Workplace, Harford County, Labor Legislation
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Risky alternative investments not for the faint of heart
With interest rates near record lows, older savers are finding it harder to stomach bank CDs or Treasury bonds. But Belvidere, Ill., retiree Miles Fryar would be having fewer sleepless nights if he had parked his cash in those traditional investment...
Tags: Money and Monetary Policy, Realty, Home Heating, Investment Service, Arts and Culture
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Spanish regulator proposes Deloitte as Pescanova administrator
ReutersMADRID, April 26 (Reuters) - Spanish stock market regulator CNMV said on Friday it had proposed Deloitte as the administrator of Spanish fishing firm Pescanova, which has filed for insolvency. A Spanish court accepted Pescanova's insolvency filing on...Tags: Bankruptcy
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Chicago man charged in scam involving impounded cars
The scam was perhaps as crafty as it was criminal. A Chicago man was arrested Thursday for soliciting payoffs from drivers with impounded vehicles in a scheme that involved filing phony bankruptcy petitions to avoid paying the often hefty auto pound...Tags: FBI, Crime, Law and Justice, Cook County Government, Bankruptcy, Criminals
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INSIGHT-Failure of Spain's Pescanova lifts lid on culture of secrecy
Reuters* Banking crisis sparked funding problems at global leader * Foreign investors were attracted to high-growth profile * Culture of secrecy under the spotlight * Chairman and any undeclared debt under scrutiny * Thousands of jobs at risk By Tracy...Tags: Career and Workplace, Stock Market, Insider Trading, Labor Legislation, KPMG
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Feds: Bankruptcy scam freed impounded vehicles
Tribune reporterThe scam was perhaps as crafty as it was criminal. A Chicago man was arrested Thursday for soliciting payoffs from drivers whose vehicles had been impounded by the city. The scheme involved filing phony bankruptcy petitions to avoid paying the often...Tags: FBI, Crime, Law and Justice, Cook County Government, Bankruptcy, Criminals
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New Orleans asks judge to seize troubled prison from sheriff
Conditions have gotten so bad at a New Orleans prison that city officials have asked a judge to appoint a replacement for the sheriff in charge, according to a federal court filing. For years, the Orleans Parish Prison has been criticized by the U.S....
Tags: Prisons, Government, Judges, Politics, U.S. Department of Justice
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Former Icahn company WCI Communities eyes IPO -sources
ReutersBy Olivia Oran April 25 (Reuters) - WCI Communities has hired banks for an initial public offering later this year, according to two sources familiar with the matter, as the formerly bankrupt luxury home builder tries to capitalize on a recovery in the...Tags: WCI Communities Incorporated, Initial Public Offerings, House Building, Companies and Corporations, Economy, Business and Finance
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Synagro Technologies' bankruptcy will bring jobs to Baltimore
A Wednesday bankruptcy filing by Synagro Technologies Inc. means growth and new jobs for the Baltimore area as the waste recycler consolidates its headquarters in White Marsh. The Carlyle Group LP-owned company, which had been co-headquartered in...
Tags: Energy Saving, Patapsco, White Marsh, Water, New York City
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Lumber Liquidators reports nearly double first quarter profit
Lumber Liquidators' first-quarter net income increased from $8.2 million last year to $15.8 million this year. The nearly doubled profit was driven by more customers and a higher average sale at the company's 290 stores in North America, according to...
Tags: Companies and Corporations, Economy, Business and Finance, Bankruptcy
Apr 29, 2013
|Story| Reuters
Apr 28, 2013
|Story| Orlando Sentinel
Apr 27, 2013
|Story| Baltimore Sun
Apr 28, 2013
|Story| Chicago Tribune
Apr 26, 2013
|Story| Reuters
Apr 26, 2013
|Story| Chicago Tribune
Apr 25, 2013
|Story| Reuters
Apr 25, 2013
|Story| Chicago Tribune
Apr 10, 2013
|Story| Los Angeles Times
Apr 25, 2013
|Story| Reuters
Apr 24, 2013
|Story| Baltimore Sun
Apr 25, 2013
|Story| Daily Press
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