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Bankruptcy News

News on Bankruptcy continually updated from thousands of sources around the net.

2 hrs ago | Houston Chronicle

Nearly 100 collies seized as part of Tomball bankruptcy case

More than 90 collies have been seized from a Tomball home under a court order from a federal judge as part of a bankruptcy case.

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Related Topix: Economics News, Tomball, TX, Optometry, Medicine

5 hrs ago | Mystical Paths

Yay, Bankruptcy in Israel

Believe it or not, bankruptcy did not exist in Israel until this year. People finding themselves in crushing debt situations basically had no way out, and often the easiest result was to leave the country.

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Related Topix: Economics News

9 hrs ago | Motor Trend

NEVS Granted Bankruptcy Protection, Loses Right to Saab Name

China's National Electric Vehicle Sweden , which rescued the Saab brand from bankruptcy in 2012, has now itself been granted bankruptcy protection while it raises money to pay off debt.

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Related Topix: Economics News, Autos

13 hrs ago | Seeking Alpha

Frontline Ltd.: Investors Need To Prepare Now For Bankruptcy

With three quarters to go until the note is due, rates would have to average around $40K for VLCC and $34K for Suezmax.

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Related Topix: Transportation, Frontline, Economics News

16 hrs ago | Southport Visiter

Bankrupt businessman involved in Southport's failed Lewis's store is spared jail

Edward Ward, 55, faced prosecution at Liverpool Crown Court for setting up a new business despite being banned from running a company A bankrupt businessman who was involved in the failed Lewis's venture in Southport has been spared jail because his newborn daughter is very ill.

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Related Topix: Economics News

20 hrs ago | Brandon Sun

Importance of budgeting to help avoid bankruptcy

The financial demands and other enticements placed on you necessitate that budgeting become an integral part of your financial management.

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Related Topix: Economics News, Computers, Home, Mortgage, Opinion

Fri Aug 29, 2014

Detroit News

Detroit may sweeten bankruptcy deal with real estate to persuade creditor to settle

No assets are off the table in 11th-hour talks with bond insurer Syncora Guarantee Inc. and other parties, except for the Detroit Institute of Arts collection.

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Related Topix: Economics News, Detroit, MI, University of Pennsylvania

WESH-TV

Anthem College in Orlando to stay open despite bankruptcy

STUDENTS AT A LOCAL COLLEGE HAPPY TO LEARN TONIGHT DESPITE BANKRUPTCY THEIR EDUCATION WILL CONTINUE.

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Related Topix: Economics News

Business Journal

Creative Recycling Systems files for Chapt. 11, plans to close many U.S. facilities

The receiver appointed to the Regions Bank vs. Creative Recycling Systems lawsuit in Tampa filed for Chapter 11 bankruptcy protection Friday on behalf of the company.

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Related Topix: Economics News

The Compass

Watton releases - smoking gun' in lawsuit against government

The owners of Humber Valley Resort have released an internal memo that allegedly indicates the provincial government initially had no intention of taking back expansion lands committed to the resort in 2008.

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Related Topix: Economics News

Canada NewsWire

Charges laid in bankruptcy fraud investigation

The allegations relate to fraud and the abuse of the bankruptcy process which is intended for the honest but unfortunate debtor.

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Related Topix: Economics News

KFSH-FM Glendale

Is Bankruptcy Ever Okay?

With many people still struggling to find work, bankruptcy filings continue to grow.

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Related Topix: Economics News

Thu Aug 28, 2014

CBC News

Frank Anderson pleads guilty to forged document charge

An audit firm hired by the Nova Scotia government found serious deficiencies at the South West Shore Development Authority.

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Related Topix: Economics News

Detroit News

Judge rejects Detroit creditor's attack on mediators, may issue sanctions

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.

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Related Topix: Economics News

KTVN Reno

Morrison University Faces Possible Closure Due to Bankruptcy

Students are coming to grips with the idea that their college may be closing and some are just a few weeks away from graduating.

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Related Topix: Economics News

YourErie

Former Teletron Building Sold in US Bankruptcy Court

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.

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Related Topix: Economics News

Manufacturing.net

Indiana Ethanol Plant Restarts After 2012 Shutdown

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.

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Related Topix: Indiana, Mount Vernon, IN, Linden, IN, Economics News

Business Journal

FPL parent NextEra to bid on bankrupt Texas energy company

NextEra Energy plans to bid on a bankrupt Texas energy company, according to documents filed in federal court Tuesday.

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Related Topix: Economics News, Energy, FPL Group, Florida Power and Light, NextEra Energy Resources, Juno Beach, FL

SFGate

Judge to consider key part of sex-abuse settlement

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.

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Related Topix: Roman Catholic Church, Religion, Montana, Economics News

Truthdig

Colonization by Bankruptcy: High-Stakes Chess for Argentina

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.

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Related Topix: Economics News, US News, Liberal Political News

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