News

Landmark Crystal Cathedral gets a new name -- Christ Cathedral - msnbc.com

06/09/12

The evangelical church had suspended its signature "Hour of Power" broadcast after filing for bankruptcy in 2010. The current Crystal Cathedral congregation will relocate to another Catholic church next year. It's not yet known when the first ...

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Crystal Cathedral Renamed Christ Cathedral Under Catholic Leadership - Huffington Post

06/09/12

LOS ANGELES, June 9 (Reuters) - A Roman Catholic diocese that bought the Southern California mega-church Crystal Cathedral in a $57.5 million bankruptcy sale will rename the Protestant place of worship Christ Cathedral, church leaders said on Saturday.

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Auction of 'Octomom' house put off – again - msnbc.com

06/09/12

Also unclear is the reason for the latest postponement. A previous postponement took place in May because Suleman's father, part owner of the house, filed for Chapter 7 bankruptcy protection in federal court. The home was first put on the auction block ...

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The Trouble With Bankruptcy Lawyers - New York Times

06/09/12

In recent years, legal fees in Chapter 11 reorganization cases have soared as deals have grown bigger and more complex. Even in the economic downturn, bankruptcy lawyers have been shielded from the market and client pressures that have forced ...

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Warren Sapp -- Please Don't Take My Condo Away! - TMZ.com

06/09/12

he won't go down without a fight, TMZ has learned.  HSBC bank is on the attack, claiming Sapp -- who recently filed for bankruptcy in Florida -- owes them $781,879.39 from before his filing. They are asking a judge to allow them to foreclose on ...

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RI eyeing liability in Schilling firm bankruptcy - Boston Globe

06/09/12

PROVIDENCE, R.I.—The state of Rhode Island is working to determine how much it stands to lose in a $75 million loan guarantee deal for former Red Sox pitcher Curt Schilling's video gaming company after its bankruptcy filing this week.

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Obama Battles Romney Over Who Is Most in Touch on Economy - Businessweek

06/09/12

15 after the bankruptcy filing of Lehman Brothers Holdings Inc. as the financial crisis intensified. At the time, Obama’s campaign derided McCain as “out of touch.” “I’m sure Democratic speechwriters, their stomachs were turning ...

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RI eyeing liability in Schilling firm bankruptcy - Huffington Post

06/09/12

The state has some of the bond sale proceeds set aside in a reserve account to pay interest and fees for about a year. In the meantime, the state will work to recoup whatever it can during 38 Studios' bankruptcy proceedings, according to ...

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Is Bankruptcy Right For You? Read This Advice! - 1UP.COM

06/09/12

Anything that leads you to declaring or filing for bankruptcy is probably not a happy story, but that does not mean that your life after bankruptcy cannot be better. Bankruptcy is all about giving you a fresh start. Keep reading for how you can make ...

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RI trying to determine loss on $75M investment after Schilling's firm bankruptcy - Minneapolis Star Tribune

06/09/12

The state has some of the bond sale proceeds set aside in a reserve account to pay interest and fees for about a year. In the meantime, the state will work to recoup whatever it can during 38 Studios' bankruptcy proceedings, according to ...

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