News

Bankruptcy court approves Woods sale to Blevins - WatertownDailyTimes.com

07/24/12

A bankruptcy court has approved the $275,000 sale of the former Woods Fruit and Vegetable Market in Ogdensburg to the Blevins auto dealer group. Blevins Vice President Lynn Blevins said Monday he received verbal approval of the sale last week.

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SB bankruptcy both inevitable, impossible - San Jose Mercury News

07/24/12

And last week, after the announcement of the city's bankruptcy filing, the feds at Housing and Urban Development said they will pursue their own investigation of how public money has been used in the city. Once again, as was the case during the ...

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Near-bankrupt San Bernardino targets bonds, retiree health - YAHOO!

07/24/12

SAN FRANCISCO (Reuters) - San Bernardino, the third California city planning to file for bankruptcy since June ... to suspend debt payments surprised some traders on the $3.7 trillion municipal bond market. "Frankly in the past, bondholders ...

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UPDATE 3-Near-bankrupt San Bernardino targets bonds, retiree health - Reuters

07/24/12

In the past few weeks, it has declared a fiscal emergency and begun preparing for a bankruptcy filing, revealing a $45.8 million shortfall for the budget year that began this month. The timing of the proposal to suspend debt payments surprised ...

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Creditors appeal Tribune bankruptcy plan approval - Associated Press

07/24/12

DOVER, Del. (AP) — Unhappy creditors are challenging a federal judge's approval of Tribune Co.'s plan to emerge from bankruptcy, asking that it be put on hold until their appeals are heard. Separate appeals were filed late Monday by Aurelius ...

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Compton not filing for bankruptcy, city manager says - Los Angeles Times

07/24/12

Compton's new city manager sought to assure the public Tuesday that the financially troubled city is not planning to file for bankruptcy, but it may hire L.A. County to do a forensic audit to put allegations of fraud to rest. "The rumors of the ...

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Compton not filing for bankruptcy, city manager says - Los Angeles Times

07/24/12

Compton's new city manager sought to assure the public Tuesday that the financially troubled city is not planning to file for bankruptcy, but it may hire L.A. County to do a forensic audit to put allegations of fraud to rest. "The rumors of the ...

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Money gone? Peregrine CEO's receiver not so sure - Reuters

07/24/12

But Michael Eidelman, the receiver in the bankruptcy case charged with tracking down and selling Wasendorf's assets at the best possible price, believes that at least some of the money is tied up in property that can be sold to raise money for ...

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New information about former health care CEO - Abc Local Web

07/24/12

NEW YORK (WABC) -- Former healthcare CEO Christopher Luis has declared bankruptcy even though he owns a beautiful ... It's on sale for nearly $7 million. He says any profits he makes from it will go to pay his former workers. Luis says that one way or ...

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Money gone? Peregrine CEO's receiver not so sure - Reuters

07/24/12

adding that he plans to file papers with the bankruptcy court in coming weeks outlining his plans for selling the assets to obtain "the highest and best value." The sale of some of the property, like the condominium on the 55th floor of a ...

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