Washington, D.C. - TW & Company, the security firm in charge of guarding the White House has filed for bankruptcy and an emergency request to transfer all its government contracts to a competitor, according to The Wall Street Journal.
Dallas, TX- Hostess the company that makes Twinkies and Ding Dongs has presented cost cutting measures to workers and bakers unions for their approval before the court forces the cuts.
Richmond, VA- A dream project of Gov. L Douglas Wilder may finally get its chance to fulfill his vision once the financially strapped U.S. Slavery Museum gets approval of a proposed bankruptcy reorganization plan. The museum’s creditors are sched ...
Los Angeles, CA- Despite some objections by Fox Sports and the MLB, sources say that a bankruptcy judge is likely to approve the sale of the Dodgers as early as Friday.
Dallas, TX- Reddy Ice Holdings Inc., maker of packaged ice, is preparing to enter into Chapter 11 bankruptcy protection, The Wall Street Journal reported.
Former NFL defensive tackle, Warren Sapp filed for bankruptcy protection last month in a Florida court.
Reston, VA- Phil Falcone, manager of Harbinger Capital Partners, said Thursday that he is considering bankruptcy for the failing telecommunications company LightSquared.
Atlanta, GA- The Gingrich Group, a health care think tank founded by presidential candidate Newt Gingrich, has filed for Chapter 7 bankruptcy protection, according to court documents obtained by the Atlanta Business Chronicle.
Solar Trust of America LLC filed for Chapter 11 bankruptcy in Delaware court on Monday, putting what would be the world’s largest solar power project on hold.
Wilmington, DE- AFA Foods, the beef processor who recently faced scrutiny over the ‘pink slime’ controversy has filed for bankruptcy in a Delaware court.
Pinnacle Airlines Inc., a regional carrier filed for bankruptcy protection late Sunday after facing the same financial problems of other airlines, high fuels costs and a decline in passengers.
Washington, D.C. – Student loan debt is crippling and poses the threat of becoming the next economic bubble that could go bust. Members of Congress recognize this threat and are looking into meeting this problem head on.
Wichita, KS- Jet manufacturer Hawker Beechcraft is in talks with lenders to make preparations for a pre-arranged bankruptcy filing, Reuters reported Wednesday.
Today, the Supreme Court hear their last day of testimony in the constitutionality of the Healthcare mandate, which would require every American to purchase health insurance or pay a tax penalty. While many people oppose the Affordable Healthcare ...
New York, NY- The now bankrupt solar energy company, Solyndra LLC, the recipient of a $ 528 million government loan, released documents from an independent investigator, which showed no wrong-doing on the part of company.
Contract Research Solutions Inc., a Cary, North Carolina research company who conducts clinical trials for pharmaceutical companies, also known as Cetero Research, filed for Chapter 11 bankruptcy protection following an investigation from the FDA.
Chicago, IL- When some people get their tax refunds they often contemplate whether to spend or save the money, but a new survey shows that some are waiting for that check so they can go bankrupt.
New York, NY- The parent company of American Airlines will ask a bankruptcy court to dismiss union labor contracts, within a week, if they cannot reach a cost-cutting deal with unions.
Boston, MA- Charles Street African Methodist Church, a 194 year-old congregation, retained a bankruptcy attorney and filed for debt restructuring to keep the OneUnited Bank from foreclosing on their property.
New York, NY- Bahrain-based Arcapita Bank BSC, an Islamic compliant investment, has filed for Chapter 11 bankruptcy in a U.S. court after failing to reach an agreement with creditors.