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Cooke lobbying for a clean slate
Longtime Annapolis lobbyist Ira C. Cooke has filed a petition for Chapter 7 bankruptcy protection in federal court in Baltimore.
Kodak to exit bankruptcy a different company
NEW YORK — Eastman Kodak plans to emerge from bankruptcy protection by the end of September after shedding most of the businesses that turned it into an American icon. The reorganized Kodak will focus instead on commercial imaging and printing, where it believes it can once again become profitable, according to its bankruptcy reorganization plan. […]
Exec describes efforts to save Schilling’s company
WILMINGTON, Del. — A top executive for a failed video game company led by former Boston Red Sox pitcher Curt Schilling says the company tried up until the very last minute to work out a deal to stay afloat. But William Thomas told a U.S. bankruptcy trustee in Delaware on Tuesday that Rhode Island’s refusal […]
Third bankruptcy in Rick Perry’s tech fund
SAN ANTONIO — A third company awarded taxpayer dollars through Gov. Rick Perry’s business-hatching Emerging Technology Fund has gone bankrupt. NanoTailor’s filing brings the total amount of failed investments to $2.5 million. Company President Ramon Perales told The Associated Press on Thursday his Austin-based startup folded because the state didn’t fully invest $1.25 million [...]
Ex-Raven Jamal Lewis to appear in bankruptcy court
ATLANTA — A bankruptcy court hearing is scheduled on Tuesday in Atlanta for former Baltimore Ravens running back Jamal Lewis. Lewis filed for bankruptcy in April, listing $14.5 million in assets and $10.6 million in debts. The 32-year-old Lewis retired in 2009 after nine seasons with the Ravens and Cleveland Browns. His off-the-field investments have […]
Gingrich’s think tank files for bankruptcy
The health care think tank created by Republican presidential candidate Newt Gingrich is going out of business. The Gingrich Group, also known as the Center for Health Transformation, filed for Chapter 7 bankruptcy in federal court in Atlanta on Wednesday. The bankruptcy filing marks an abrupt turn for a group that raised millions of dollars […]
Bankruptcy filings decline in state, U.S.
Bankruptcy filings in Maryland dropped by more than 10 percent overall for fiscal 2011, according to federal data released Monday. That’s slightly sharper than the national average, according to latest figures from the U.S. Courts. Total filings in the U.S. dropped 8 percent, from about 1.6 million to 1.46 million, for the year ending Sept. […]
New bankruptcy filings drop in Maryland
Bankruptcy filings in Maryland dropped by more than 10 percent overall for fiscal 2011, according to federal court data. That’s slightly better than the national average, according to latest figures from the U.S. Courts. Total filings in the U.S. dropped about 8 percent for the fiscal year, which ended Sept. 30. Bankruptcies commenced in Maryland […]
Attorneys argue merits of Tribune reorganization plans
WILMINGTON, Del.— Attorneys for Tribune Co. and a rival group of creditors argued the merits of their competing reorganization plans for the media conglomerate Monday before a Delaware bankruptcy judge who must decide whether either one passes muster. Judge Kevin Carey heard opening arguments in a scheduled two-week hearing that could determine the fate of […]
Doracon files for Chapter 7
The demise of Doracon Contracting Inc., the once-powerful construction company that helped to build some of Baltimore’s highest-profile developments, is nearly complete after the firm’s founder agreed Wednesday to sell any remaining assets to pay off creditors. Now mired in debt and other problems, Doracon once had a hand in the Legg Mason Tower in […]
Bankrupt MetaMorphix putting its assets up for sale
The owners of MetaMorphix Inc., which makes one of the most popular DNA tests to determine dog breeds, are putting the company and its assets up for sale as part of its bankruptcy reorganization. The Calverton-based biotechnology company has been in bankruptcy since Jan. 28, 2010, when its creditors filed an involuntary Chapter 7 case […]
