Dillard's has filed a motion seeking to have the Highland Mall owner's bankruptcy case dismissed or converted from a Chapter 11 reorganization to a Chapter 7 liquidation.
Tennessee Attorney General Robert Cooper today gave his office's blessing for Sumner Regional Health Systems' proposed sale to Brentwood-based LifePoint Hospitals Inc. for $145 million, plus $9 million in working capital.
Boston CEI LLC, a Norfolk construction firm that filed for bankruptcy protection last month, recently listed TD Bank as one of its largest creditors, holding about $2.2 million in claims.
The U.S. Securities and Exchange Commission has agreed to a settlement with Spencer International Advisors Inc. of Clearwater and its president, Scott Spencer.
Valuation Research Corp., which is based in Milwaukee, has been criticized by a bankruptcy court examiner in the Tribune Co.'s Chapter 11 case, according to a report Wednesday in The Wall Street Journal.
A company formed by three executives of Brown Publishing Co. -- parent of business newspapers in Boulder and Fort Collins -- has tentative approval to buy the assets of the Cincinnati-based publishing firm out of bankruptcy.
Parties involved with the Amelia Island Plantation bankruptcy proceedings are compromising on aspects of the resort's reorganization plan in order to avoid its closure.
Real estate developer Sandy Horowitz is trying to sell another building in downtown Troy, N.Y.-- this one leased to Daisy Baker's restaurant, a business that filed for bankruptcy protection last week.
Federal securities class action activity continued to decrease in the first six months of 2010 to the lowest semiannual level since the first half of 2007, according to a report Wednesday by the Stanford Law School Securities Class Action Clearinghouse and Cornerstone Research.
Epiq Systems Inc. said second-quarter profits rose 35 percent on strong results from its electronic legal discovery business, as well as continued increases in bankruptcy filings.
A group of creditors is seeking to push Sommet Group -- the former Nashville Predators sponsor under investigation by federal officials -- into bankruptcy liquidation.
Sumner County commissioners are expected to vote tonight on an agreement that will clear the way for LifePoint Hospitals Inc. to purchase Sumner Regional Health Systems and its flagship hospital in Gallatin.
Miami-based accounting firm Kaufman Rossin & Co. has reached a settlement in a malpractice lawsuit that claimed it failed to detect fraud connected to the $3.65 billion Minneapolis-based Ponzi scheme of Tom Petters.
Daisy Baker's, a fine-dining restaurant in downtown Troy, N.Y., has filed for Chapter 11 bankruptcy protection and will remain open as it reorganizes its debts.
Three New York hedge funds that invested in Scott Rothstein's Ponzi scheme are pursuing the wife of Fort Lauderdale businessman George Levin over personal guarantees.
Potential buyers are circling Miami's troubled Everglades on the Bay condominium project as the developer attempts to hand the buildings back to its Bank of America-led lending group.
The owner-developer of downtown Baltimore's historic B&O building has filed for Chapter 11 bankruptcy stemming from its conversion of the property into a boutique Hotel Monaco.
The lone company operating a biomass power plant in Arizona has filed for Chapter 11 bankruptcy protection in an attempt to prevent Salt River Project from terminating its contract.
A former executive with Flagship Capital Partners has agreed to buy the real estate assets of First Colony Corp. and its two top executives, Allen Brown and his daughter, Cindy McCrory.
Bank of America has won a $10.2 million summary judgment against four defendants, including Shaun Hayes, president of Sun Security Bank, and Kerry Klarfeld of Klarfeld Real Estate Co. Inc., for unpaid loans tied to a stalled development project in Gulf Shores, Ala.
The aging Canterbury Inn on Highway 160 is still open for business, but the future of the property is uncertain as it sits in the center of a bankruptcy filing, foreclosure auction and civil lawsuit.
