Bankruptcy Newswire (Page 2)

Comprehensive Real-Time News Feed for Bankruptcy. (Page 2)

Results 21 - 40 of 22,139 in Bankruptcy

  1. Councils will still have 'considerable spending power', ministers sayRead the original story w/Photo

    2 hrs ago | Richmond and Twickenham Times

    ... point with services being cut to the bone or stopped completely. Many are staring into the financial abyss of bankruptcy because of this latest round of cuts which will eat into key services we all rely on. "Local government needs a fair funding ... 2 comments

  2. Lawyers work free for Ponzi victimsRead the original story

    2 hrs ago | The Otago Daily Times

    ... two fidelity finds. Milne (79) was jailed for more than eight years last month, and had earlier placed himself in bankruptcy; meaning there are no assets to sell to distribute proceeds to his victims. Downie Stewart solicitor David Sim, who is a ...


  3. Dutch car maker Spyker declares bankruptcyRead the original story w/Photo

    2 hrs ago |

    The founder of the one-time owner of Sweden's Saab vowed that the bankruptcy was not the end for the company which would return with revolutionary electric cars. File photo of cars produced by Dutch carmaker Spyker are displayed on Mar 2, 2010 during the second press day at the 80th Geneva International Motor Show at Palexpo in Geneva, THE HAGUE: Sports car manufacturer Spyker on Thursday declared bankruptcy, with the small Dutch company that once competed in Formula 1 saying it could not stay afloat after losing a critical legal battle.


  4. REFILE-Dutch sportscar maker Spyker declared bankruptRead the original story

    2 hrs ago | Reuters

    Dutch sportscar maker Spyker , one-time owner of Sweden's Saab, declared bankruptcy on Thursday, after failing to secure a critical bridging loan it had hoped would help it refinance and restructure. The company, formed in 2000 to resurrect an early 20th century Dutch auto marque, had filed for protection from creditors earlier this month, hoping to stave off collapse.


  5. Dem Congressman Has Never Been More Proud to be American Than When...Read the original story w/Photo

    3 hrs ago | In-depth Africa

    ... The one-time limousine mogul had pled guilty to perjury for hiding assets from creditors after he filed for bankruptcy. He was sentenced to two years' probation but received a presidential pardon from Bill Clinton shortly before he left office in ...


  6. Tampa Tribune Whitewashes Jeb Bush's Murky Business Record In Support Of Presidential RunRead the original story w/Photo

    3 hrs ago | Media Matters for America

    ... After his tenure as governor of Florida, Bush joined the private-equity firm Lehman Brothers, whose 2008 bankruptcy is considered to have played a major role in the financial crisis that year. A Wall Street Journal article referring to Bush as ...


  7. Spyker Companies Declares BankruptcyRead the original story w/Photo

    3 hrs ago | Automobile Magazine

    Dutch carmaker Spyker has filed for bankruptcy due to insufficient funds from a bridge loan. Spyker Companies, which also includes subsidiaries Spyker Automobielen and Spyker Events & Branding, had been losing money ever since its deal to purchase Saab from General Motors fell through in 2012.


  8. Spyker bankrupt; founder quotes Winston Churchill, vows to fight onRead the original story w/Photo

    3 hrs ago | AutoWeek

    A brief, and sad update to the ongoing Spyker solvency saga: The Dutch performance/luxury company, which filed for the equivalent of Chapter 11 protection earlier this month, has been officially declared bankrupt by a court in the Netherlands. The difference here is that, in bankruptcy, none of the company's "key operations" can continue; since last-minute bridge funding fell through, the court's administrator will now take on the role of reciever.


  9. Office building owner files Chapter 11 to stall foreclosureRead the original story w/Photo

    4 hrs ago | Business Journal

    The owner of the Andrews Square Medical and Professional Building in Pompano Beach filed Chapter 11 in U.S. Bankruptcy Court to halt a foreclosure action. On Oct. 31, 150 S. Andrews Acquisitions Group filed a foreclosure lawsuit against Andrews Square Associates and Spectrum Health Solutions.


  10. Ex-billionaire due before judge for contempt hearingRead the original story

    4 hrs ago | KHQ-TV Spokane

    ... in defiance of another judge's instructions. Blixseth, who resides in Washington state, is blamed in the 2008 bankruptcy of the Yellowstone Club, a private ski and golf resort near Big Sky. The club's creditors want him incarcerated for not abiding ...


  11. EU backs new sanctions as summit weighs Russia crisisRead the original story w/Photo

    4 hrs ago |

    A European Union summit has backed new sanctions against Russia over its annexation of the Crimea from Ukraine, but also noted that it didn't want to drastically hit the country in the midst of an economic crisis. The EU has imposed additional sanctions on Crimea to send the message it will not recognise Russia's annexation of the territory.


  12. Don't let unpaid medical bills ruin your creditRead the original story w/Photo

    6 hrs ago | WMBF

    ... itals have a charity care or medical means program. Ask the provider about it or look on the hospital's web site. Bankruptcy also is an option but Berkowitz said that decision should not be taken lightly.


  13. Source: 14 arrested in connection with deadly meningitis outbreakRead the original story w/Photo

    Yesterday | CNN

    ... in agreeing to create a $100 million fund for victims of the outbreak in late 2013, about a year after filing for bankruptcy protection under Chapter 11. The compounding pharmacy, however, has been defensive in other ways. In January 2013, it filed ...


  14. What is a good gearing ratio?Read the original story w/Photo

    4 hrs ago | Investopedia

    ... a greater risk, because even a brief period of reduced profits or a sudden increase in interest rates could mean bankruptcy and loan default. Generally, a lower gearing ratio means greater financial stability. However, not all debt is bad debt. ...


  15. What is a bad interest coverage ratio?Read the original story w/Photo

    4 hrs ago | Investopedia

    ... interest coverage ratio is a definite red flag for investors, as it can be an early warning signal of impending bankruptcy. The number that constitutes a good, or at least minimally acceptable, interest coverage ratio varies according to the type of ...


  16. Michael Vick has nearly paid off his bankruptcy debtRead the original story w/Photo

    4 hrs ago | MSNBC

    ... in me, people who gave me an opportunity," Vick said. "At the time, it wasn't about trying to fulfill all the bankruptcy needs. I was trying to fulfill all the needs that I had in my life because I had nothing." "I had never been on a budget before, ...


  17. Former Saab owner Spyker declared bankruptRead the original story w/Photo

    4 hrs ago | Automotive News

    A Dutch district court ended a temporary moratorium of payments, equivalent to U.S. Chapter 11 bankruptcy, granted Dec. 2. The court placed Spyker and its wholly owned subsidiaries Spyker Automobielen and Spyker Events and Branding B.V. into receivership. The court made the decision because the committed bridge funding did not reach the company in time, Spyker said in a statement.


  18. A Greek exit would be a big deal for EuropeRead the original story w/Photo

    5 hrs ago | The Hill

    Judging by the pace at which Greece's politics is unraveling, European policymakers could soon be faced with a fundamental policy choice. Do they again make Herculean efforts to keep Greece within the euro? Or do they allow Greece to be cut loose from the euro? How European policymakers decide to answer this basic question will be critical not only for Greece's economic future but also for that of the eurozone as a whole.


  19. "Crumbs" of Hope for Trademark LicenseesRead the original story w/Photo

    5 hrs ago | JD Supra

    You are a trademark licensee, and your licensor suddenly declares bankruptcy. Then, to make matters worse, the bankruptcy trustee rejects your licensing agreement.


  20. What is considered to be a bad gearing ratio?Read the original story w/Photo

    5 hrs ago | Investopedia

    ... is usually considered a greater potential risk for investors or lenders as a downturn in revenue could mean bankruptcy or a loan default. This is especially risky if the company has loans with variable interest rates, as a sudden rate increase can ...