FairPoint files for bankruptcy - Brattleboro Reformer
PORTLAND, Maine - FairPoint Communications Inc. had its work cut out when it grew sixfold overnight by buying Verizon Communications’ land line and Internet operations in three New England states. But the nation’s credit crisis and a bungled
Pa. budget adds up to bankruptcy - Pottstown Mercury
Gov. Ed Rendell has signed legislation to enact a 2009-10 budget of $27 billion for General Fund expenditures and $61.7 billion of total state operating expenditures. Over the last 10 years, Pennsylvania’s total operating expenditures have increased
Business Highlights - WCAX
NEW YORK (AP) - A strengthening dollar and worries about an overheated market pounded stocks on Monday. Stock indexes started the day higher but turned sharply lower at midmorning as interest rates rose and a rebound in the value of the dollar
CIT Group increases, extends debt exchange offer - The State
NEW YORK — In the latest sign CIT Group Inc. is struggling to avoid certain bankruptcy, the commercial lender has again sweetened an offer to restructure outstanding debt. CIT raised the yield and extended the deadline for bondholders of one class
AlixPartners Client ‘Old GM’ Announces Agreement to Sell First - Earthtimes
WILMINGTON, Del. - (Business Wire) AlixPartners LLP, the global business-advisory firm that since last December worked to help keep General Motors Corp. away from a freefall bankruptcy and that since July has managed the estate of “Old GM
William Jefferson’s income meets standard for bankruptcy case to - New Orleans Times-Picayune
A federal bankruptcy court trustee has ruled that William and Andrea Jefferson’s income is likely to fall to levels allowed under a revised federal law and therefore an earlier recommendation that the case be dismissed isn’t warranted. Michael
FairPoint voluntarily files for Ch. 11 protection - Burlington Free Press
CHARLOTTE, N.C. — Telecommunications services provider FairPoint Communications Inc. said Monday it has filed for Chapter 11 bankruptcy protection after agreeing on a deal with key lenders that will help lower its debt by $1.7 billion. Charlotte, N
FairPoint files for bankruptcy - Brattleboro Reformer
PORTLAND, Maine - FairPoint Communications Inc. had its work cut out when it grew sixfold overnight by buying Verizon Communications’ land line and Internet operations in three New England states. But the nation’s credit crisis and a bungled
Pa. budget adds up to bankruptcy - Pottstown Mercury
Gov. Ed Rendell has signed legislation to enact a 2009-10 budget of $27 billion for General Fund expenditures and $61.7 billion of total state operating expenditures. Over the last 10 years, Pennsylvania’s total operating expenditures have increased
Business Highlights - WCAX
NEW YORK (AP) - A strengthening dollar and worries about an overheated market pounded stocks on Monday. Stock indexes started the day higher but turned sharply lower at midmorning as interest rates rose and a rebound in the value of the dollar
CIT Group increases, extends debt exchange offer - The State
NEW YORK — In the latest sign CIT Group Inc. is struggling to avoid certain bankruptcy, the commercial lender has again sweetened an offer to restructure outstanding debt. CIT raised the yield and extended the deadline for bondholders of one class
AlixPartners Client ‘Old GM’ Announces Agreement to Sell First - Earthtimes
WILMINGTON, Del. - (Business Wire) AlixPartners LLP, the global business-advisory firm that since last December worked to help keep General Motors Corp. away from a freefall bankruptcy and that since July has managed the estate of “Old GM
William Jefferson’s income meets standard for bankruptcy case to - New Orleans Times-Picayune
A federal bankruptcy court trustee has ruled that William and Andrea Jefferson’s income is likely to fall to levels allowed under a revised federal law and therefore an earlier recommendation that the case be dismissed isn’t warranted. Michael
FairPoint voluntarily files for Ch. 11 protection - Burlington Free Press
CHARLOTTE, N.C. — Telecommunications services provider FairPoint Communications Inc. said Monday it has filed for Chapter 11 bankruptcy protection after agreeing on a deal with key lenders that will help lower its debt by $1.7 billion. Charlotte, N