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KSNW-TV's parent company, Atlanta-based NV Broadcasting, filed for voluntary Chapter 11 bankruptcy reorganization protection this week. The filing Monday came as the company announced that investors are converting $400 million in debt into a majority ...
(AP) The corporate owner of the Chicago Cubs is considering having the baseball team file for bankruptcy protection as a legal step to hasten its long-awaited sale, according to two people with knowledge of the process. Tribune Co., which itself ...
July 11 (Bloomberg) -- CIT Group Inc. hired Skadden, Arps, Slate, Meagher & Flom LLP as an adviser as it prepares for a possible bankruptcy filing after so far failing to win access to government guarantees for its borrowing, the Wall Street Journal ...
Detroit -- DTE officials acknowledged Friday that they had received notice weeks ago of a bankruptcy filing that could have prevented the power to a westside Detroit home from being shut off. Confusion over the address led to the shut off, which ...
As the economy stays mired in recession, the number of Crawford County residents filing for bankruptcy protection is on pace to hit its highest level in three years. Attorneys involved in bankruptcy proceedings say it’s a reflection of the economic ...
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