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An audit firm hired by the Nova Scotia government found serious deficiencies at the South West Shore Development Authority.
U.S. Bankruptcy Judge Steven Rhodes on Thursday tossed out a city bond insurer's blistering 'personal attack' on Detroit's chief bankruptcy mediator and ordered the creditor's attorneys to prove why they shouldn't face professional sanctions.
Students are coming to grips with the idea that their college may be closing and some are just a few weeks away from graduating.
August 28, 2104 - The former Telatron property on West 38th Street in Erie has a new owner after it was sold today in federal bankruptcy court.
An energy company has resumed production at an ethanol plant in Indiana along the Ohio River that was shut down more than two years ago by its previous owner.
NextEra Energy plans to bid on a bankrupt Texas energy company, according to documents filed in federal court Tuesday.
The Roman Catholic Diocese of Helena is asking a judge to approve an agreement with its insurers that would provide the bulk of the funding for a proposed settlement with hundreds of people who say they were sexually abused by clergy.
If Argentina were in a high-stakes chess match, the country's actions this week would be the equivalent of flipping over all the pieces on the board.
The city secured up to $275 million in financing - money that will help bankroll Detroit's restructuring if the city successfully emerges from bankruptcy court and pay off debts.
A Swedish court rejected an application from China's National Electric Vehicle Sweden , which bought bankrupt Saab in 2012, for protection against creditors while it concludes funding talks.
The desired endgame is a refinancing, sources familiar with the situation said, even as bankruptcy is being weighed.
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A US Judge will decide next month if bust developer Sean Dunne gets to withdraw from bankruptcy proceedings in America.
There are no more floors gaping open with exposed steel girders in the office building at Cameron and Herr streets.
A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.
With each day that goes by without a sale or resolution that brings workers and customers back to Market Basket, the chain keeps getting closer to a point when it can no longer stay open.
FBI agents arrived shortly after 6:30 a.m. at the Anamarc College campus at 3210 Dyer Street.
Updated: Fri Aug 29, 2014 02:02 am
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