Headlines
B456 Systems Inc., the lithium-ion battery maker which received a $249 million U.S. government grant, won court approval on Monday for its bankruptcy plan, Reuters reported yesterday. Bankruptcy Judge Kevin Carey approved the plan under which unsecured creditors of the company, formerly A123 Systems Inc., are expected to recover about 65 cents for each dollar. B456 had earlier won court approval to sell its automotive battery business and related assets to a U.S....
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The bankrupt units of specialty chemicals maker RPM International Inc. may have to set aside twice...
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House Financial Services Subcommittee on Oversight and Investigations will hold a hearing today at...
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Eighty-nine New York landowners who once agreed to let Norse Energy Corp. USA drill for natural gas...
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Revel, a brand new but struggling Atlantic City casino, has formally emerged from bankruptcy, the...
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KidsPeace Corp., the owner of a nonprofit psychiatric hospital for teenagers in Pennsylvania, filed...
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Fannie Mae plans to sell $2 billion of commercial-mortgage bonds issued before the credit market...
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James Dimon tightened his grip on the nation's largest bank on Tuesday as shareholders of JPMorgan...
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The liquidator for Lehman Brothers Holding Inc.’s Australian unit won federal court approval for a...
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The American Bankruptcy Institute is the largest multi-disciplinary, non-partisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues.The ABI membership includes more than 13,000 attorneys, auctioneers, bankers, judges, lenders, professors, turnaround specialists, accountants and other bankruptcy professionals...More...