News

US Airways takes a step toward merging with American Airlines - Philadelphia Daily News

04/22/12

The judge could extend that period for up to eight months. The unions hold three of the nine seats on the committee of unsecured creditors in the bankruptcy case of American's corporate parent, AMR Corp. The committee can ask the judge to review ...

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Priciest mansion needs millions in work - msnbc.com

04/22/12

Work halted in 2010 after lender OneWest Bank cut off funding. The bank moved to foreclose on the property last year, propelling investors into bankruptcy court to forestall a bank sale. With the bankruptcy court's approval, investors are holding their own ...

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Bankruptcy Partner Madlyn Gleich Primoff of Kaye Scholer Finalist for Women in Business Law Award - PR-USA.net

04/22/12

"With more than 25 years of experience in representing global financial institutions in many well-known bankruptcy and litigation cases, I hope to provide guidance and lead as a mentor to the women of Cornell University." The President's Council of Cornell ...

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Making millions can lead to financial disaster - Rutland Herald

04/22/12

Looking at former NFL star Warren Sapp’s bankruptcy filing, it’s hard not to focus on the Florida mansion he owns (18,000 square feet, according to property records) or the number of pricey athletic shoes he’s purchased (240 pairs ...

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Student-loan debt seen as growing threat to the economy - Seattle Times

04/21/12

In February, the National Association of Consumer Bankruptcy Attorneys referred to a "student loan ... A spokesman for Westwood said recently a motion to dismiss the case is pending. The hearing was convened by Sen. Dick Durbin, D-Ill.,

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Public retiree health crisis looms - Los Angeles Daily News

04/21/12

TAXES: Governments face overwhelming unfunded liability in coming years. SACRAMENTO - As Stockton contemplates a bankruptcy filing, cities, counties and school districts throughout California are grappling with the same issue that has led the ...

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Frequent flyer miles at risk if US Air, AA merge? - CBS News

04/21/12

US Air wants to merge, and even has the support of three of American's most powerful unions. But American, currently in Chapter 11, says it wants to come out of bankruptcy as a standalone company. The deal is "going to take a very long time," if ...

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Singletary: Sacked by overinvesting - vcstar.com

04/21/12

Looking at former NFL star Warren Sapp's bankruptcy filing, it's hard not to focus on the Florida mansion he owns (18,000 square feet, according to property records) or the number of pricey athletic shoes he's purchased (240 pairs, many still in ...

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Fitch expects new credit woes for directory makers - Yahoo Finance

04/21/12

The firm said the industry will probably see a new round of restructuring. It said Dex One and SuperMedia may have to file for Chapter 11 bankruptcy protection for the second time in just a few years. Both companies filed for Chapter 11 ...

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Cost of public retiree health care soars in Calif. - San Jose Mercury News

04/21/12

SACRAMENTO, Calif.—As Stockton contemplates a bankruptcy filing, cities, counties and school districts throughout California are grappling with the same issue that has led the delta port city to the brink of insolvency—soaring costs for ...

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