Dodgers file for bankruptcy
The Dodgers filed for bankruptcy protection Monday, a move that owner Frank McCourt said would stabilize the financial future of the team. McCourt said the filing became necessary because Major League Baseball refused...
Source: San Francisco Chronicle
-
Two FRM victims settle with bankruptcy trustee
Al and Susan McIlvene, the outspoken leaders of the group of victims of the Financial Resource Mortgages Inc. Ponzi scheme, have settled their own legal differences with the trustee to the bankruptcy...
-
Kenya: DPP Should Reopen Kamani Fraud Files
Treasury has directed Attorney General Amos Wako and the Kenya Anti-Corruption Commission to recover Sh3.8 billion from Anglo-Leasing mastermind Deepak Kamani. Finance PS Joseph Kinyua said that government...
-
Women's clothing retailer Deb Shops files for bankruptcy
Philadelphia-based women's clothing retailer Deb Shops Inc filed for bankruptcy protection in a Delaware court on Sunday as part of a financial restructuring.
-
People earning up to Rs 5 lakh need not file IT return'
Bangalore: As many as 85 lakh salaried tax payers with an annual income of up to Rs 5 lakh will not have to file income-tax return from now onwards, a finance ministry official said.
-
GLC files complaint to Shura Council over selective gasoline subsidies
BEIRUT: The General Labor Confederation filed a complaint to the Shura Council Thursday against a controversial transport drivers’ subsidy drafted by the Finance Ministry last month.
-
MLB: Dodgers' financial situation `historic'
MILWAUKEE - Baseball Commissioner Bud Selig calls the Dodgers' turbulent ownership situation "historic," and acknowledges that the league has stepped in to help financially troubled teams in the past.
-
Harry & David reaches agreement on bankruptcy reorganization
The latest step in a $310 million financial bailout approved by the U.S. Bankruptcy Court in Delaware sets the stage for Harry & David to start pulling out of bankruptcy, the Medford-based company announced...