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Week in review: 2/4/11

Dry docked

It has been a long time since the U.S.S. Constellation moved under its own power. But with a dry docking scheduled, the Inner Harbor icon accepted a tow Monday to the Sparrows Point shipyard. Joining the frigate: the submarine Torsk.

W.R. Grace is back

W.R. Grace & Co. has won court approval to reorganize and exit bankruptcy, nine years after the Columbia-based specialty chemical maker sought protection from more than 100,000 claims that its asbestos products injured users.

1st Mariner loss

Still struggling to meet capital levels mandated by an agreement with bank regulators, 1st Mariner Bancorp, parent company of 1st Mariner Bank, reported a pre-tax net loss of $3.5 million for the final quarter of 2010, compared with a loss of $6.5 million for the fourth quarter of 2009.

A step too far

The Court of Appeals ruled Monday that a detective undermined a convicted murderer’s Miranda rights by saying an interrogation was “between you and me, bud.” Baltimore County Detective Steve Schrott used the phrase after Christian Darrell Lee asked if their conversation was being recorded; Lee then confessed to the crime. The court granted Lee a new trial.

A step too far

After a losing bidder renewed its effort to buy Rosecroft Raceway, a federal bankruptcy judge approved the sale Wednesday of the Prince George’s County harness track to Penn National Gaming Inc. for $11 million in cash.

Park now, pay later

Monthly parkers who use lots and garages run by Baltimore might be wondering why they have not been billed for the month yet. Because of a hardware malfunction at the Parking Authority of Baltimore City, thousands of customers did not receive a monthly bill for February.

Angelos told to pay up

A judge in Baltimore has ordered companies related to Baltimore Orioles owner Peter G. Angelos to pay more than $1.4 million to Graciano Corp., a Pittsburgh-based construction company that renovated an underground parking garage just north of Angelos’ law office.

Paying the piper

Baltimore is expected to pay out $290,000 this month to settle two lawsuits alleging police misconduct, one involving the shooting of an unarmed woman at a Cherry Hill bus stop and the other involving a Severna Park man who says a police officer broke his arm while making a drug arrest.

Poe House: nevermore?

Baltimore’s Poe House and Museum may be in danger of closing if it doesn’t find a way to replace $80,000 a year in funding it has been receiving from the city. City officials and the curator of the museum, which is on North Amity Street, are looking for a consultant to work with to come up with a plan.