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2013-05-25 20:36
Devastated by the recession, the city of Stockton, Calif., is trying to renegotiate its debts in a bankruptcy case that could set an important precedent on whether courts can forcibly reduce… Read More
2013-05-25 20:35
AMR, the parent company of American Airlines, filed its formal plans to exit bankruptcy late Monday, bringing its proposed $11 billion merger with the US Airways Group closer to reality. Add… Read More
2013-05-18 03:59
Oklahoma City-based sports equipment franchiser Golf USA Inc. has filed for Chapter 11 bankruptcy protection on the eve of a court hearing to place the company into receivership. Founded i… Read More
2013-05-18 03:58
On Wall Street, the wheel of fortune can spin around and around, from enormous cash bonuses and luxurious perks one year to the unemployment line the next. Then there is Fred Eckert, a onet… Read More
2013-05-18 03:57
A Texas bankruptcy has pulled the plug on TimeGate Studios Inc.’s short-lived restructuring bid, and the videogame developer has shut its doors and will liquidate its remaining assets… Read More

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