News

In the wake of the Philadelphia Orchestra’s bankruptcy case, the Annenberg Foundation will exert greater control over the $50-million it gave to the symphony in 2003, according to The Philadelphia Inquirer. Under a revised donor agreement drawn up as par ...

A member of the Crystal Cathedral has filed a claim in bankruptcy court, seeking $5.6 million from the California megachurch founder Robert H Schuller and $30 billion from the Roman Catholic Diocese of Orange, alleging the sale of the church campus ...

Anderson, however, has a claim on the property because of her lawsuit. As part of a negotiated compromise, the bankruptcy estate will receive $20,000 from proceeds of the sale. Anderson will receive the balance. Inghram filed a notice of intent to sell ...

The Justice Department is increasingly unhappy with attorney fees paid by companies going through a Chapter 11 bankruptcy reorganization, and attorneys will make their case for the fees in a public meeting in Washington, D.C., on Monday, the Wall Street ...

President Obama’s reelection campaign railed against Mitt Romney because of the Friday bankruptcy filing of Konarka Technologies, to which Romney personally delivered a loan, Politico reports. According to WSJ, J.P. Morgan Chase & Co. has ...