Posts Tagged ‘bankruptcy’

LightSquared Technologies files Chapter 11

LightSquared Technologies, as widely expected, filed for bankruptcy late Monday. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Nevada’s Ahern Rentals files Chapter 11 bankruptcy

Ahern Rentals Inc., a Nevada-based national construction equipment supplier hit hard by the recession, filed a Chapter 11 bankruptcy case Thursday in U.S. Bankruptcy Court in Reno to reorganize more than $500 million in debt. View full post on Business Stories

Judge rejects Monorail plan to emerge from bankruptcy

Bankruptcy Judge Bruce Markell in Las Vegas on Friday rejected the Las Vegas Monorail’s latest plan to emerge from bankruptcy, saying its own numbers show it would be encumbered with twice as much debt as the Monorail is worth. View full post on Business Stories

Business picks up for Station Casinos in second quarter

Station Casinos LLC, the company that emerged from the Station Casinos bankruptcy in June, today said revenue and profit from operations improved for the second quarter ended June 30. View full post on Business Stories

Madoff Trustee Files $6.4 Billion Lawsuit Against JPMorgan

A lawyer appointed as a trustee by a New York bankruptcy court filed a $6.4 billion lawsuit Thursday against JPMorgan Chase. Irving Picard said he filed the case because JPMorgan is the primary banker of Bernard Madoff and must carry some responsibility for the losses of the imprisoned con man’s victims. View full post on […]