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05/13: Bankruptcies
Chapter 7 Central Florida individuals and businesses that have filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code include: Central Orlando Properties LLC, 840 Kenilworth Terrace, Orlando. Filed: May 3. Estimated assets: $0 to $50,000....
Tags: Financially Distressed Companies, Companies and Corporations, Economy, Business and Finance, Bank of America Corp., Business
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Ex-CEO: Hope for VPG
South Bend TribuneThough the former CEO of the Vehicle Production Group cannot confirm that AM General has any interest in VPG, he believes there are investors interested in the company. John Walsh, who is now the vice president of sales and marketing for Arboc Specialty...Tags: Companies and Corporations, Middlebury, Economy, Business and Finance, Passenger Cars, Ford
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Fiat's U.S. dealers anxious for broader product lineup
Reuters* Fiat cars returned to U.S. after 16-year absence * First volume Alfa Romeo expected in U.S. in 2014 * Some U.S. Fiat dealers struggling with limited lineup * U.S. sales up in line with overall industry in 2013 By Bernie Woodall DETROIT, May 10...Tags: Companies and Corporations, Fiat S.p.A., Long Island, Vehicles, Automotive Equipment
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Edison Mission sees June start for its new California power plant
ReutersBy Scott DiSavino May 10 (Reuters) - Edison Mission Energy, a unit of California power company Edison International, said Friday its new 479-megawatt (MW) Walnut Creek natural gas-fired power plant in Southern California is expected to enter commercial...Tags: Walnuts, Edison International, San Diego Gas & Electric Company, U.S. Nuclear Regulatory Commission, Southern California Edison Company
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Judge grants foreclosure of hundreds of run-down Orlando apartments
A state judge on Friday granted the foreclosure of seven west Orlando apartment complexes with hundreds of units, the latest twist in the long-running story of some of the city's most run-down housing. Circuit Judge Alice Blackwell ruled that the...
Tags: Financially Distressed Companies, Justice System, Economy, Business and Finance, Crime, Law and Justice, Judges
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Greuel wants Garcetti to stop 'negative' ads in mayor race
Wendy Greuel called on Eric Garcetti on Friday night to stop all negative advertising in the last 11 days of the Los Angeles mayor's race, a challenge that her rival instantly dismissed as "disingenuous" for a candidate whose campaign is effectively...Tags: Satellite and Cable Service, Elections, Television Industry, Politics
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Peregrine Financial may have "viable" claims vs banks -trustee
ReutersSAN FRANCISCO, May 10 (Reuters) - Peregrine Financial Group's bankruptcy estate may have "viable" claims against JPMorgan Chase & Co and U.S. Bancorp for harm done to clients of the now-failed brokerage, and may pursue them in court, Peregrine's trustee...Tags: JPMorgan Chase & Co., Financially Distressed Companies, Laws, Justice System, Crime, Law and Justice
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Peregrine trustee weighs claims against JPMorgan, U.S. Bank
ReutersThe trustee for failed Peregrine Financial Group says clients may pursue claims against JPMorgan Chase & Co. and U.S. Bancorp. In a filing this week, Ira Bodenstein said he wants the federal bankruptcy court in Chicago to put on hold a lawsuit by the...Tags: JPMorgan Chase & Co., Laws, Justice System, Crime, Law and Justice, Defendants
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Examiner's report could spur ResCap creditors seeking Ally cash
ReutersBy Tom Hals May 10 (Reuters) - A report on Friday could embolden creditors of bankrupt mortgage lender Residential Capital LLC to pursue billions of dollars of cash that its parent, Ally Financial Inc, had planned to use to repay a U.S. government...Tags: Financially Distressed Companies, Justice System, Bonds, Federal Bailout Funds, Economy, Business and Finance
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Is $1,721.75 the bill you'd expect for treating a cut?
It was your basic, run-of-the-mill accident. Kim Haselhoff's 9-year-old son got nipped in the finger by one of the family dogs. It didn't seem too serious, but there was a bit of blood. Unfortunately, the pediatrician's office had just closed, and the...Tags: Cedars-Sinai Medical Center, Hospitals and Clinics, Tylenol (drug), Walmart, Medicare
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Spain banks' cleanup to enter new phase as 'delay and pray' ends
Reuters* New rules force banks to recognise more bad debts * Hit expected to be as high as 8 bln euros for the sector * Could prompt losses, assets sales, mergers, new public aid * But move seen positive for banks, Spain in the long-term By Julien Toyer,...Tags: Companies and Corporations, Central Bank, Spain, Realty, Banking
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ResCap examiner report postponed until May 13 -source
ReutersWILMINGTON, Del., May 10 (Reuters) - An independent examiner's report into the relationship between bankrupt Residential Capital LLC and its parent Ally Financial Inc has been postponed to May 13 at 1200 EDT (1600 GMT) from an expected release time of...
May 12, 2013
|Story| Orlando Sentinel
May 15, 2013
|Story| South Bend Tribune
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Orlando Sentinel
May 10, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
May 10, 2013
|Column| Los Angeles Times
May 10, 2013
|Story| Reuters
May 10, 2013
|Story| Reuters
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