The Pennsylvania swim club accused of discriminating against minority children over the summer has filed for bankruptcy, according to the U.S. Bankruptcy Court for the Eastern District of Pennsylvania.
A U.S. bankruptcy judge Thursday ordered Peanut Corporation of America's insurance carrier to set aside $12 million to reimburse people for health complications that resulted from eating tainted peanut products.
The court-appointed trustee in the Bernard Madoff case plans to sue four more of his family members for nearly $200 million this week, according to a broadcast report.
PHOENIX (AP) -- If the NHL is successful in buying the Phoenix Coyotes in U.S. Bankruptcy Court, the league plans to quickly engage in talks over a new lease agreement with the city of Glendale.
Ruth Madoff, wife of imprisoned Ponzi schemer Bernard Madoff, was sued Wednesday by a court-appointed trustee seeking $45 million in funds to compensate victims.
Delphi Corp., a bankrupt auto parts supplier spun off by General Motors in 1999, has announced that a group of lenders has successfully bid to take control of the company.
From the cries of protest emanating from Washington this week, you would think that General Motors and Chrysler were guilty of clubbing baby seals. Or perhaps drowning kittens.
Jerry Reinsdorf and his partners won't be subjected to questioning by attorneys for team owner Jerry Moyes as they work to put together a bid to buy the Phoenix Coyotes in U.S. Bankruptcy Court.
U.S. stocks were poised to soar at the start of trading Monday after General Motors filed for bankruptcy and a bankruptcy court judge ruled in favor of Chrysler's asset sale.
The Pennsylvania swim club accused of discriminating against minority children over the summer has filed for bankruptcy, according to the U.S. Bankruptcy Court for the Eastern District of Pennsylvania.
A U.S. bankruptcy judge Thursday ordered Peanut Corporation of America's insurance carrier to set aside $12 million to reimburse people for health complications that resulted from eating tainted peanut products.
The court-appointed trustee in the Bernard Madoff case plans to sue four more of his family members for nearly $200 million this week, according to a broadcast report.
PHOENIX (AP) -- If the NHL is successful in buying the Phoenix Coyotes in U.S. Bankruptcy Court, the league plans to quickly engage in talks over a new lease agreement with the city of Glendale.
Ruth Madoff, wife of imprisoned Ponzi schemer Bernard Madoff, was sued Wednesday by a court-appointed trustee seeking $45 million in funds to compensate victims.
Delphi Corp., a bankrupt auto parts supplier spun off by General Motors in 1999, has announced that a group of lenders has successfully bid to take control of the company.
From the cries of protest emanating from Washington this week, you would think that General Motors and Chrysler were guilty of clubbing baby seals. Or perhaps drowning kittens.
Jerry Reinsdorf and his partners won't be subjected to questioning by attorneys for team owner Jerry Moyes as they work to put together a bid to buy the Phoenix Coyotes in U.S. Bankruptcy Court.
U.S. stocks were poised to soar at the start of trading Monday after General Motors filed for bankruptcy and a bankruptcy court judge ruled in favor of Chrysler's asset sale.
General Motors' stock price plunged below $1 a share Friday, reaching its lowest level since the Great Depression, as investors anticipated a bankruptcy filing by the beleaguered automaker.
Investors allegedly swindled in the largest Ponzi scheme in history reacted furiously when they learned Friday that Bernard Madoff didn't put any of their money into securities for at least 13 years.
The peanut processing company at the heart of a national salmonella outbreak, Peanut Corp. of America, filed for Chapter 7 bankruptcy liquidation in court Friday in Lynchburg, Virginia.
The peanut processing company at the heart of a national salmonella outbreak, Peanut Corp. of America, filed Friday for Chapter 7 bankruptcy liquidation in court in Lynchburg, Va.
Wall Street was a vastly different world Monday from what it looked like just days earlier, following one of the most harrowing days in the history of U.S. financial industry.
A federal judge denied Thursday Bear Stearns Cos. bankruptcy protection for two failed hedge funds it managed, but granted the investment bank 30 days to refile before investors can seize assets.
Sentinel Management Group Inc., the cash management firm that filed for Chapter 11 protection last week and was subsequently hit with civil fraud charges by U.S. regulators, has asked the judge overseeing its bankruptcy to appoint an independent trustee.
The United Steelworkers union said Friday it had reached a tentative contract with bankrupt U.S. auto-parts maker Delphi Corp. that covers about 900 workers at two Ohio plants.
American Home Mortgage Investment Corp., a large home lender catering to people considered good credit risks, completed its rapid descent Monday when it filed for Chapter 11 bankruptcy protection.
Bally Total Fitness Holding Corp, one of the largest U.S. health club operators, has filed for bankruptcy protection, after struggling in recent years with membership declines and too much debt.
Delphi Corp. said Friday it has reached a tentative deal with the United Auto Workers union and former parent General Motors Corp. needed to complete the bankrupt auto-parts maker's reorganization.
Trying to fend off a hostile bid from US Airways Group, Delta Air Lines is close to presenting a reorganization plan to the bankruptcy court that will estimate its value as an independent company at between $10 billion to $12 billion, according to a published report.
Delta Air Lines CEO Gerald Grinstein stood before 1,700 retirees -- men and women whose benefits and pensions will be slashed in Chapter 11 proceedings -- and swore he shared their pain.
Controversial Delphi CEO Robert "Steve" Miller, 63, recently took the auto-parts maker into bankruptcy. A onetime Chrysler labor negotiator, he's presided over several companies in Chapter 11, such...
Use this explainer to help students understand the role of the judicial branch of the U.S. government and the U.S. Supreme Court, topics relevant to current news.
This may not be something that's come up yet on "The Apprentice," but it appears Donald Trump is in the process of bidding for property he already owns.
Commencement last week of a trial in U.S. Bankruptcy Court in Chicago on whether to void the current labor contracts of two unions representing workers at UAL Corp.'s (UALAQ) United Airlines appeared to have jump-started parallel negotiations between the airline and its mechanics, ramp workers and customer-service agents.
The Bush administration has criticized Russia's takeover of key parts of the embattled oil giant Yukos and warned the lack of transparency in the case could damage Russia's role in the global economy.
Frank's Nursery & Crafts, Inc. announced Wednesday that it filed for Chapter 11 bankruptcy protection, due to a steady decline in customers, unfavorable weather and general economic weakness.
After running smoothly for 15 months, the bankruptcy proceedings of United Airlines parent UAL Corp. (UALAQ) have encountered turbulence that is setting back the company's schedule for emerging from court protection by June 30, people familiar with the matter told The Wall Street Journal.
Again and again, MONEY has warned about the dangers of buying out-of-state property (see MONEY, August 1990). The latest object lesson is unfolding in Florida now. It's a whopper, possibly the bigg...
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