363 Sales

Another California city, another bankruptcy as San Bernardino joins Stockton, Mammoth Lakes - Calgary Herald

07/12/12

Bankruptcy experts say the decision in San Bernardino — some 60 miles east of Los Angeles — could sound an alarm to cities across the state and country that are grappling with weak property and sales tax revenues as their pension obligations continue to rise.

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Many Bills, Few Options, Bankruptcy for CA City - ABC News

07/12/12

Bankruptcy experts say the decision in San Bernardino — some 60 miles east of Los Angeles — could sound an alarm to cities across the state and country that are grappling with weak property and sales tax revenues as their pension obligations ...

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Supervalu suspends dividend, sale weighed - Reuters India

07/11/12

and is looking at options for overhauling the firm including a sale, though bankruptcy is not being considered. Supervalu, which in recent years has lost customers to lower grocery prices at Wal-Mart Stores Inc (WMT.N) and Kroger Co (KR.N), also ...

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Bankruptcy judge Oks sale, reorganization of Harahan country club - Republic

07/11/12

NEW ORLEANS — A federal bankruptcy judge Wednesday approved the sale of Colonial Golf & Country Club's 88-acre property to businessman John Georges and real estate developer Wayne Ducote. "Congratulations, everyone," Judge Elizabeth Magner told the ...

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Another California city opts for bankruptcy - AP - msnbc.com

07/11/12

Bankruptcy experts say the decision in San Bernardino — some 60 miles east of Los Angeles — could sound an alarm to cities across the state and country that are grappling with weak property and sales tax revenues as their pension obligations continue to rise.

[more]

Supervalu CEO: bankruptcy not part of turnaround plan - Reuters

07/11/12

Craig Herkert, chief executive of the third-largest U.S. supermarket chain, said bankruptcy is not among the options ... according to Thomson Reuters I/B/E/S. Sales for the quarter fell 4.7 percent to $10.59 million, while identical sales ...

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Futures firm PFG collapses amid fraud accusations - Raw Story

07/11/12

PFG, also known as PFG Best, filed a Chapter 7 bankruptcy, which involves the sale of assets to pay off creditors. The liquidation filing in an Illinois bankruptcy court came a day after the US Commodity Futures Trading Commission sued PFG and ...

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Another California city opts for bankruptcy - msnbc.com

07/11/12

Bankruptcy experts say the decision in San Bernardino — some 60 miles east of Los Angeles — could sound an alarm to cities across the state and country that are grappling with weak property and sales tax revenues as their pension obligations continue to rise.

[more]

Several local DQ locations sold in bankruptcy deal - KCBD

07/11/12

KCBD NewsChannel 11 learned of the sale late Tuesday during a routine check of public records. On June 28, a bankruptcy judge approved the sale of 69 Dairy Queen locations to a company called Vasari. In one portion of court records it says the purchase ...

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Kodak reorganizes, again, on its way out of bankruptcy - ABC News

07/11/12

The new organizational model could make further sales of business lines easier, said Daniel Tessoni, assistant professor of accounting at Rochester Institute of Technology. Earlier this year in its U.S. Bankruptcy Court filings, Kodak listed a ...

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