News

Elpida Closes at 1 Yen Before Delisting on Bankruptcy - Bloomberg

03/27/12

Elpida Memory Inc. (6665) closed at 1 yen in Tokyo trading before a delisting that will wipe out shareholders in a company that was valued at more than $1.1 billion before it filed for bankruptcy ... personal- computer sales cut prices for ...

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FastShip bankruptcy hits DRPA, rich investors - Philadelphia Daily News

03/27/12

Last week's federal bankruptcy filing by FastShip in Wilmington listed hundreds of common stock investors, including heirs to the DuPont Co., Campbell's Soup and Rome and Haas family fortunes, who are unlikely to see their investment dollars again.

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Vacant lot near courthouse among properties in back-tax sale - Times-Leader

03/27/12

A bankruptcy proceeding and court orders kept the property out of sales for years, according to representatives of Northeast Revenue Service LLC, the county’s tax claim operator. The property was listed in a 2009 first-stage upset sale after all the ...

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Treasury would like Ally broken up, sources say - Detroit Free Press

03/27/12

Ally probably will put the Residential Capital mortgage unit into bankruptcy in the next few weeks and sell some assets in a court-supervised sale, people familiar with the matter said last month. The firm also may lose its preferred lender ...

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Business calendar for St. Charles County - St. Louis Post-Dispatch

03/27/12

BUSINESS NETWORK INTERNATIONAL: Givers Gain Chapter, 11:30 a.m.-1 p.m. March 28, Bellabrations Banquet Center, 235 Jungermann Road, suite 101, St. Peters. For more information, call Laura Bieker at 314-704-4183. BUSINESS NETWORK INTERNATIONAL ...

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Cetero Research declares bankruptcy - INFORUM

03/26/12

Chief Financial Officer Michael Murren said in the documents that the need for the bankruptcy filing stemmed from an investigation started in 2009 into records falsifications at one of the company’s research labs in Texas. As a result of that ...

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Federal SEC investigates Donnan bankruptcy - Athens Banner-Herald

03/26/12

The Securities and Exchange Commission has intervened in the bankruptcy case of former University of Georgia football coach Jim Donnan. The federal agency has asked a bankruptcy judge to deny Donnan’s plan to pay back creditors some of the ...

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Cetero Research declares bankruptcy - INFORUM

03/26/12

Chief Financial Officer Michael Murren said in the documents that the need for the bankruptcy filing stemmed from an investigation started in 2009 into records falsifications at one of the company’s research labs in Texas. As a result of that ...

[more]

Bankruptcy trustee taking offers on Maui Oceanfront Days Inn - The Business Journal

03/26/12

The bankruptcy trustee for the Maui Oceanfront Days Inn has ... San Diego-based Western Apartment Supply & Maintenance Co., said he will take bids of at least $7 million on the hotel for the next six weeks, at most. However, Toy said he will ...

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Higher gasoline prices force innovation, cut waste - News-Press

03/26/12

Finally, the crushing financial crisis and rising gas prices pushed the company into Chapter 11. Today, GM can claim record profits and its Volt electric vehicle, though struggling in the U.S., was chosen car of the year in Europe. The whole ...

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