News on Bankruptcy continually updated from thousands of sources around the net.
3 hrs ago | The Hartford Courant
Amid word of broad corporate restructuring, workers at ClearEdge Power in South Windsor were sent home Thursday, uncertain about what the future holds for their company or their jobs.
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7 hrs ago | WTEN-TV Albany
The emergency room at the recently closed North Adams Regional Hospital could re-open within a month under an agreement reached in court.
12 hrs ago | Marshfield News-Herald
Accountancy firm Deloitte said Thursday it has been appointed receiver of one of London's most iconic buildings, the Gherkin.
16 hrs ago | JD Journal
Los Angeles-based bankruptcy law firm Stutman Treister & Glatt has announced that it will be closing its doors on May 1, 2014.
20 hrs ago | ABC News
Bankruptcy proceedings have begun for Mt. Gox, a move that was widely expected after the Tokyo District Court decided earlier this month that the bitcoin exchange would not be able to resurrect itself.
20 hrs ago | The Globe and Mail
Mt. Gox, once the world's largest bitcoin exchange, has been ordered to begin liquidation by a Tokyo district court.
A businessman who co-founded Auckland's Rainbow's End theme park and was involved in a string of back-door NZX-listings has lost a Court of Appeal case about a bankruptcy notice served against him after "economic misadventure" in Chile.
A Florida corporation owned by Doug Hazel, the son of the late prominent Washington, Mo., businessman Ernest Hazel III, was forced into Chapter 7 bankruptcy Friday.
New York City's Tavern on the Green, closed since the previous operators lost their lease and declared bankruptcy in 2009, reopens Thursday under new management.
Additional help from its bailout creditors would help the crisis-stricken country as it seeks to overcome a protracted recession and tackle rampant unemployment.
Portugal's chances of ending its three-year bailout program without requiring more help have increased after interest rates fell steeply in a 10-year bond auction Wednesday.
An Ohio man who was 19 when he made a false distress call that triggered a massive, 21-hour search on Lake Erie must pay $489,000 in restitution to the U.S. and Canadian agencies involved in the needless rescue... An Ohio man who was 19 when he made a false distress call that triggered a massive, 21-hour search on Lake Erie must pay $489,000 in ... (more)
Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities.
With banks and other lenders frequently unwilling or incapable of providing real solutions such as principal reductions to keep homeowners in their homes, more and more families are faced with foreclosure.
A Dane County judge has approved the sale of five American TV & Appliance stores for a total of $21 million, including three to the Steinhafels furniture chain.
Since shortly after Detroit filed for bankruptcy in July, Schuette has made pronouncements in public and court filings that he would defend Michigan's constitutional protection of pensions.
General Motors Co. is asking a U.S. bankruptcy judge to shield it from legal claims for actions that took place before the company's 2009 bankruptcy.