Bankruptcy-Articles on Bankruptcy

Bankruptcy judge approves Solyndra bonuses

A bankruptcy judge on Wednesday approved close to $370,000 in bonuses for 20 employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy.

Dodgers bankruptcy case on track

A bankruptcy judge on Wednesday approved the disclosure statement outlining the Los Angeles Dodgers' proposed bankruptcy reorganization plan, keeping the team's plan for an April 30 sale on track. Approval of the disclosure statement in a Chapter 11 case typically allows the process for soliciting votes from creditors to begin.

Bankruptcy judge approves Dodgers disclosure statement, confirmation hearing set for April 13

WILMINGTON, Del. - A bankruptcy judge on Wednesday approved the disclosure statement outlining the Los Angeles Dodgers' proposed bankruptcy reorganization plan, keeping the team's plan for an April 30 sale on track.

Grubb & Ellis files for Chapter 11 bankruptcy

Grubb & Ellis Co. said Tuesday it has sought bankruptcy protection as part of a deal to sell most of its assets to the parent of rival commercial real estate services company Newmark Knight Frank.

Grubb & Ellis files bankruptcy, to be sold to BGC

(Reuters) - Grubb & Ellis Co filed for bankruptcy protection amid a slower-than-expected recovery in the commercial property market, and agreed to sell nearly all its assets to the financial services brokerage BGC Partners Inc . Howard Lutnick, chief executive of BGC and also of the boutique investment bank Cantor Fitzgerald LP, said in a statement the purchase reflects BGC's desire to "build a ...