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Study: Bankruptcy rates reflect policy, not people
Jun 22, 2009 |
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What do high bankruptcy rates in states like Tennessee and Utah tell us about the people that live in those places? Not much, according to a new 50-state bankruptcy study published in the latest issue of the Journal of La ...
FairPoint phone company files for bankruptcy
Oct 26, 2009 |
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(AP) -- Telecommunications services provider FairPoint Communications filed for Chapter 11 bankruptcy protection Monday after agreeing on a deal with key lenders that will help lower its debt by about 62 percent.
DirecTV sued over ads on Charter's bankruptcy case
May 12, 2009 |
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(AP) -- Charter Communications Inc. is suing DirecTV Group Inc. over advertisements that try to persuade subscribers to switch TV service by touting Charter's bankruptcy filing.
Struggling generations: Bankruptcies among seniors soaring
Jul 23, 2008 |
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(PhysOrg.com) -- The rates of personal bankruptcies have declined among young people while soaring among older Americans, a new study shows.
Fallen star SGI to sell most assets for $25M
Apr 01, 2009 |
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(AP) -- Silicon Graphics Inc. will sell the remaining shreds of its fraying franchise to Rackable Systems Inc. for $25 million, punctuating the downfall of a former high-tech star that once dazzled investors and customers ...
Simmons plans to file for bankruptcy protection
Sep 25, 2009 |
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(AP) -- Simmons Co., the maker of Beautyrest mattresses, said Friday that it plans to file for Chapter 11 bankruptcy protection in a move that will put new owners in charge of the bedding unit and significantly lower the ...
Reckless Spending, Not Illness or Job Loss, Causes Most Bankruptcy
Aug 29, 2008 |
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(PhysOrg.com) -- Simple overspending has driven most personal bankruptcies in recent years, a change from previous decades when illness and unemployment were major factors, concludes a new study from the University of California, ...
Ownership of Unix copyright headed to trial
Aug 25, 2009 |
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(AP) -- A federal appeals court on Monday reversed a judge's decision that granted the copyright of the Unix computer operating system to Novell Inc.
Chicago Sun-Times owner files for bankruptcy
Mar 31, 2009 |
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The Sun-Times Media Group Inc., owner of the Chicago Sun-Times and other newspapers, filed for bankruptcy protection on Tuesday, the latest victim of the crisis gripping the US newspaper industry.
Nortel strikes deal to sell business unit to Avaya
Jul 20, 2009 |
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Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court.
Private equity firms win battle for bankrupt Polaroid
Apr 17, 2009 |
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Bankrupt Polaroid Corp. has been bought by a pair of private equity firms after a judge threw out the acquisition of the iconic inventor of instant photography by another investor.
US, Canadian judges approve Nortel bankruptcy sale
Sep 16, 2009 |
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(AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.
US newspaper ad revenue down nearly 28 percent
Nov 20, 2009 |
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US newspaper advertising revenue fell by nearly 28 percent in the third quarter, continuing a slide which has led to layoffs, bankruptcies and the closure of several dailies.
LA Times, Washington Post breaking up news service
Oct 01, 2009 |
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(AP) -- The Los Angeles Times and The Washington Post are breaking up their news service after 47 years, making it the latest casualty of the media upheaval driven by the array of alternative information and entertainment ...
EPA: Underwear insurer agrees to pay
Jan 11, 2008 |
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The American International Specialty Lines Insurance Company Inc. has agreed to pay $42.5 million to clean up contamination at four U.S. factory sites.
