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u.s. bankruptcy court
Latest u.s. bankruptcy court Items
Eastman Kodak Co. wants to end its contract for naming rights to the glamorous Los Angeles theater that hosts the Academy Awards as it tries to improve its financial position enough to move out of bankruptcy.
The Los Angeles Dodgers filed a proposed bankruptcy reorganization plan Friday, a little more than a week after resolving a court fight with Fox Sports that threatened plans to sell the ball club.
Attorneys suing Solyndra in a class-action lawsuit on behalf of former employees are criticizing plans by the company to hand out bonuses of up to $50,000 to 21 current supervisors and other employees.
The Los Angeles Dodgers and Fox settled their lawsuit late Tuesday night, removing an impediment to the sale of the bankrupt team.
Now seems an unlikely time for handing out bonuses at bankrupt Solyndra LLC, but that's the plan of company attorneys intending to dole out up to a half-million dollars to persuade key employees to stay put.
Former Massachusetts Gov. William F. Weld will be paid more than $20,000 in legal fees working for bankrupt Solyndra LLC — mostly in connection with congressional hearings during which company executives refused to answer questions.
Back when President Obama toured the company last year, California-based Solyndra LLC billed itself as an innovative solar-panel maker whose product would transform the energy market and create lots of jobs near its Fremont, Calif., headquarters.
A grand jury has begun investigating Solyndra LLC, the failed California solar-panel maker that lost more than a half-billion dollars in federal loans, according to law-firm billing records.
Three-time NL MVP Albert Pujols agreed Thursday to a $254 million, 10-year contract with the Los Angeles Angels.