News and Information On the Great Recession

Bankruptcy News

Reserve Fund's Manager Says It Wasn't Only One to 'Break the Buck' - Wall Street Journal

2010-09-05
Reserve Fund's Manager Says It Wasn't Only One to 'Break the Buck'Wall Street JournalAfter Lehman filed for bankruptcy protection, fund investors were unable to redeem their money and the fund's net asset value fell below $1 a share, ...and more »

Teresa Giudice had hidden assets in bankruptcy filing? - Hollywoodnews.com

2010-09-04
Babble (blog)Teresa Giudice had hidden assets in bankruptcy filing?Hollywoodnews.comHollywoodNews.com: As 'Real Housewives of New Jersey' star Teresa Giudice files for bankruptcy, she may be avoiding some major parts of it. ...New Jersey Housewife Teresa Giudice hoping for private saleHollywoodnews.comall 12 news articles »

Sunday Buzz: Meridian founder Darren Berg to get paid to unravel finances - Seattle Times

2010-09-05
Sunday Buzz: Meridian founder Darren Berg to get paid to unravel financesSeattle TimesHemmingsen has filed for bankruptcy protection to stop a trustee sale of his lakefront residence. In a pragmatic decision that may rub salt in the wounds of ...and more »

Blossom owner filed for bankruptcy in April - Charleston Gazette

2010-09-04
Blossom owner filed for bankruptcy in AprilCharleston GazetteThe company run by restaurateur Bill Sohovich, who shut down the landmark Blossom Deli in Charleston on Saturday, filed for bankruptcy in April, ...and more »

Councilwoman wants Pa. city bankruptcy explored - BusinessWeek

2010-09-03
PennLive.comCouncilwoman wants Pa. city bankruptcy exploredBusinessWeekA member of Harrisburg's city council says Pennsylvania's capital needs to seriously consider filing for bankruptcy in the face of hefty debt payments. ...News comments: Only a bankruptcy judge can give Harrisburg the kind of help it ...PennLive.comabc27 NewsCity controller encourages Council to explore bankruptcyabc27all 16 news articles »

Bankruptcy Protection & Economic Teetering in a Strange Economy

2010-09-03
Bankruptcy protection may be needed for the city of Harrisburg, Pennsylvania. It's just a sign of the times in a down economy, right? Dauphin County, which is a guarantor of Harrisburg bonds, has given permission to a bond trustee, TD Bank, to sue the city over $35 million it owes on bond payments for an incinerator project, the Central Pennsylvania Business Journal reported Thursday. These days ...

Bankruptcy judge says Houser’s Rome trial to continue

2010-09-03
ATLANTA — A federal bankruptcy judge in Atlanta ruled Thursday that a civil case filed against a former Rome nursing home owner can continue today in Floyd County Superior Court. George D. Houser ...

Bankruptcy Filings Fell Last Month

2010-09-02
Personal bankruptcy filings fell in August, nearly erasing the rise in filings the prior month, a new report shows.

Bankruptcy Case Frustrates Omaha Woman

2010-09-03
An Iowa construction company with an Omaha office files for bankruptcy protection, leaving some small businesses in a money pinch.

Bankruptcy filings fall in August

2010-09-02
The number of bankruptcy filings in New Hampshire dropped sharply in August compared to last month and a year earlier. It was second consecutive monthly decrease in what had been an unrelenting four-year climb in bankruptcy filings.There were 421 filings in August, according to unofficial figures, 52 fewer than July and 73 fewer than the previous August. That’s a monthly percentage drop of 11 ...