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KidsPeace files for bankruptcy
Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....
Tags: Lehigh County, Economy, Business and Finance, Politics, Finance, Pension and Welfare
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Bob Lutz and VL Automotive, Wanxiang trying to buy Fisker
Autoblog.comFiled under: EV/Plug-in, Hybrid, Fisker Chinese company Wanxiang was in the news earlier this year, as it moved to acquire bankrupt automotive battery company A123. Turns out, while that was taking place in the public eye, Wanxiang was also working with... -
Rival buys shuttered furnishings retailer Chiasso
Tribune reporterChiasso, the shuttered purveyor of upscale and eclectic home furnishings, has been acquired by its New Jersey-based competitor Inmod.com. The 28-year-old Chiasso closed in February, citing "economic conditions" on its Facebook page. The retailer...Tags: Furniture, Services and Shopping, Pottery Barn, Media Industry
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In Karoly will dispute, millions in administrative expenses
In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...Tags: Judges, Allentown, Economy, Business and Finance, Crime, Law and Justice, Financially Distressed Companies
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Latest Maryland and Delaware news, sports, business and entertainment
POWERBALL-MARYLAND Maryland Lottery says glitch in system fixed (Information in the following story is from: WBAL-TV, http://www.wbaltv.com) BALTIMORE (AP) — Maryland Lottery officials say a software problem made it impossible for some winners of...Tags: Executive Branch, Crime, Law and Justice, Johnson Controls Incorporated, Motorvehicle Accidents, Bribery
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Report: 3 former Saab execs charged with tax evasion
Autoblog.comFiled under: Europe, Government/Legal, Saab The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected... -
Casey Anthony: Trustee wants to examine Casey's laptop for hidden assets
The trustee in the Casey Anthony bankruptcy case wants her to turn over her laptop computer. An attorney for Stephen L. Meininger, the Chapter 7 trustee, on Monday filed a motion asking that the court force her to give him the laptop. Meininger said...
Tags: Casey Anthony, Tampa
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Sinbad bankrupt and owes $8 million to the IRS
Zap2itNot only has Sinbad gone bankrupt, but he's also facing a whole lot of debt. The comedian filed for Chapter 13 in April and claims he owes $8.3 million to the IRS for taxes from 1998 to 2006. He also owes state and federal taxes from 2009 to 2012. To...Tags: Internal Revenue Service, Entertainment
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All powerful government
It was interesting, but not surprising, to read Saturday's story on the extraordinary scrutiny given to Somerset County's Roof Garden Patriots tea party's application for designation as a nonprofit organization. After all, many residents of this county... -
Unfinished buildings in Lake Mary a reminder of real-estate crash
For motorists in Seminole County, the cluster of unfinished buildings near the Seminole Towne Center mall is a high-profile reminder of how the real-estate crash is still taking a toll on the landscape. A never-completed strip shopping center faces...
Tags: Interstate 4, Lake Mary, Politics, CVS Corp., ABC (tv network)
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How not to run a local government
One of the more enjoyable aspects of my public career was an excellent relationship with public safety unions. Law enforcement, fire and EMT groups were supportive of my races for the state legislature, Congress and governor. Although not unheard of,...Tags: Economy, Business and Finance, Crime, Law and Justice, Public Employees, Safety of Citizens, Robert L. Ehrlich Jr.
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Aberdeen-area bankruptcies for May 9-15, 2013
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for May 9-15, 2013. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers...Tags: Financially Distressed Companies
May 21, 2013
|Story| Allentown Morning Call
May 21, 2013
|Blog| Autoblog.com
May 21, 2013
|Story| Chicago Tribune
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| AP Maryland
May 20, 2013
|Blog| Autoblog.com
May 20, 2013
|Story| Orlando Sentinel
May 20, 2013
|Story| Zap2It
May 20, 2013
|Story| Daily American
May 20, 2013
|Story| Orlando Sentinel
May 19, 2013
|Column| Baltimore Sun
May 19, 2013
|Story| Aberdeen News
Original site for Bankruptcy topic gallery.