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Bankruptcy proceedings for Hangzhou Glory Real Estate have begun, an official at the Yuhang district court in Hangzhou said on Wednesday. The date of the filing wasn't clear. Calls to the company—whose Chinese name is Jin Xing, or Gold Star ...

The automatic stay resulting from the bankruptcy petition filing will buy time for the borrower ... “More and more loans financed on a short-term basis of 5 to 7 years are maturing, but lowered property values are a barrier to refinancing,” he said.

A hearing to confirm the sale agreement is scheduled for Friday before U.S. Bankruptcy Judge Kevin Gross. "The Los Angeles Dodgers anticipate confirmation of the debtors' plan of reorganization on schedule," the Dodgers said in a statement, adding it views ...

A hearing to confirm the sale agreement is scheduled for Friday before U.S. Bankruptcy Judge Kevin Gross. "The Los Angeles Dodgers anticipate confirmation of the debtors' plan of reorganization on schedule," the Dodgers said in a statement ...

Finally the bankruptcy court trustee, U.S. Bank NF, wants language inserted into the agreement that insures other investors besides McCourt are protected. They appear to believe there is a risk McCourt will take the money he gets from the sale, pay off his ...