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Fowler's Furniture Inc. has filed for Chapter 11 bankruptcy protection according to documents filed with the U.S. Bankruptcy Court Eastern Division of Tennessee. The petition, filed July 3, will be heard on July 26 at the Bankruptcy Court in ...

That is exactly the situation in California, where sandwiched between the bankruptcy filings of Stockton and San Bernardino was a state Senate vote to approve bond issuance for the first leg of what is conservatively estimated to be a $68 billion bullet train.

"I think as city attorney, when we have litigation pending - and bankruptcy is a form of litigation - I probably shouldn't be commenting on that," he said. Mayor Pat Morris said Wednesday he had not heard of the allegations until they were publicly released.

San Bernardino's City Council voted to become the third California municipality this year to seek bankruptcy protection after officials learned they might not have enough cash to pay workers. The council voted 4-2 Tuesday night to authorize filing under ...

Penman said the city is likely to declare a financial emergency on Monday, but it was not clear when the formal bankruptcy filing would come. Marcus Nelson, owner of a local barber shop, wasn’t surprised by the announcement, noting there are ...