Bankruptcy | Business News - Business Advice

Jesup & Lamont files for bankruptcy

On July 30, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News

NEW YORK (Reuters) - Jesup & Lamont Inc, a 133-year-old brokerage, filed for Chapter 11 bankruptcy on Friday in Manhattan, a month after it was shut down by regulators for failing to have enough capital.

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Examiner sees signs of dishonesty in Tribune sale

On July 27, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News

NEW YORK (Reuters) - The court-appointed examiner investigating Tribune Co's bankruptcy said he found some evidence of dishonesty in the 2007 leveraged buyout of the media company by real estate developer Sam Zell.

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CIT Q2 profit beats Street view (Reuters)

On July 27, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News

Reuters - CIT Group , the commercial lender that last year emerged from bankruptcy, on Tuesday reported a quarterly profit that dwarfed analysts' estimates.

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CIT Q2 profit beats Street view

On July 27, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News

NEW YORK (Reuters) - CIT Group , the commercial lender that last year emerged from bankruptcy, on Tuesday reported a quarterly profit that dwarfed analysts' estimates.

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WaMu gets ex-DOJ official as bankruptcy examiner

On July 26, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News

NEW YORK (Reuters) - Joshua Hochberg, a former top official in a U.S. Department of Justice criminal fraud unit, has been appointed to examine the bankruptcy of Washington Mutual Inc , the largest U.S. banking failure.

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Tribune report to be filed, but much kept secret

On July 26, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News

NEW YORK (Reuters) - The court-appointed examiner investigating Tribune Co's descent into bankruptcy said he has completed his report but cannot make it fully public because various parties are bickering over its contents.

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Rushed effort to prevent California county bankruptcy (Reuters)

On July 23, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News

Reuters - California officials are scrambling to find a way to bolster the finances of a rural, remote county to stop it from declaring bankruptcy.

Tagged with: bankruptcy • California • california officials • county • declaring bankruptcy • Reuters • way

Lehman’s big JPMorgan case set for trial in 2012

On July 14, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Reuters: Business News

NEW YORK (Reuters) - No one ever said the Lehman Brothers bankruptcy case would be easy, or quick.

Tagged with: bankruptcy • bankruptcy case • case • Lehman • lehman brothers • New York • one • Reuters

Ruling on Visteon retiree benefits overturned (AP)

On July 13, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News

AP - Auto parts supplier Visteon Corp. cannot terminate its retirees' health and life insurance benefits without following certain procedures under bankruptcy law, a federal appeals court ruled Tuesday.

Tagged with: auto • auto parts supplier • bankruptcy • bankruptcy law • cannot • Corp • Court • federal appeals court • health • insurance • law • life • life insurance benefits • supplier • Tuesday • Visteon • visteon corp

Auto dealers facing closure will soon know fate (AP)

On July 13, 2010, In Business, Business Advice, Business News, Energy, Finance, Media, Retail, Technology, Top Stories, UK Business, US Business, world, By Yahoo! News: Business News

AP - An appeals process that spared hundreds of U.S. auto dealers from closure will soon be over, but Chrysler Group LLC could still face months of litigation with dealers in state courts.

Tagged with: appeals process • auto • auto dealers • bankruptcy • bankruptcy proceedings • Chrysler • chrysler dealers • chrysler group • closure • fate • General • general motors • group • group llc • litigation • LLC • part • state • state courts • u s auto • U.S.

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