Three local school districts on state's watch list with budget shortfalls - Santa Cruz Sentinel
California’s school superintendent, Tom Torlakson, earlier this week said endless budget cuts could force some districts to face the unprecedented predicament of bankruptcy ... made enough cuts this year to survive next year,” Castaniada ...
American urged to make a deal - CharlotteObserver.com
the company said its labor contracts must be terminated for it to survive and dismissed its unions’ calls for a merger with US Airways Group Inc. as “smoke and mirrors.” But U.S. Bankruptcy Court Judge Sean Lane said that, although he was ...
Ally Financial: Newly Released Letter Show Scope Of Possible Mortgage Screwups - Huffington Post
Ally, formerly an arm of General Motors, needed a .2 billion bailout to survive the mortgage crash. It repaid about .5 billion, meaning taxpayers own 74 percent of the bank. Earlier this month, the bank sought Chapter 11 bankruptcy ...
After closing arguments, bankruptcy judge advises American to make a deal - McClatchy
the company said its labor contracts had to be terminated for it to survive and dismissed its unions’ calls for a merger with U.S. Airways Inc. as “smoke and mirrors.” But U.S. Bankruptcy Court Judge Sean Lane said that though he was ...
American and unions wrap up closing arguments in Section 1113 hearing - Fort Worth Star-Telegram
American Airlines told a U.S. bankruptcy judge today that its labor contracts must be terminated in order for the company to survive and dismissed union calls for a merger with US Airways as "smoke and mirrors." Bankruptcy Judge Sean Lane ...
American Airlines Doesn’t Need Merger, AMR Lawyer Says - Bloomberg
AMR Corp. (AAMRQ)’s American Airlines can be strong as a standalone company and doesn’t need a merger with US Airways Group Inc. to survive, a lawyer for ... Jack Gallagher said today in U.S. Bankruptcy Court in Manhattan.
Op-ed: Bankrupt Vallejo now austerity model - Whittier Daily News
and as part of its bankruptcy settlement, Vallejo paid only five cents for every dollar it owed to bondholders. On the labor side, officials cut workers' pay, health care and other benefits but left pensions intact. For Vallejo to survive ...
American Airlines told: Make a deal - Pioneer Press
the company said its labor contracts must be terminated for it to survive and dismissed its unions' calls for a merger with US Airways Group as "smoke and mirrors." But U.S. Bankruptcy Court Judge Sean Lane said that though he was prepared to ...
Cuomo, NYRA agree to smaller, 3-year board - San Luis Obispo Tribune
It also follows years of scandal, bankruptcy proceedings ... is becoming more reliant on video slot machines - and may need to embrace casinos - to survive. The new board is charged with enhancing racing at Belmont, Saratoga and Aqueduct ...
How To Survive Bankruptcy - Yahoo Finance
To some, having to declare bankruptcy seems to constitute the ultimate failure. For others, it is a brand-new start and an opportunity to manage their financial life responsibly in the future. Bankruptcy is not something to be entered into ...
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