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DETROIT -- General Motors Corp. says there is "substantial doubt" about the company's viability and that bankruptcy is possible unless it can implement a broad restructuring plan, according to a regulatory filing today. An independent audit done by ...
Read moreGM auditors raise doubts on automaker's viability - Detroit News
HARTFORD, Conn. -- Officials at a private Connecticut-based broadcasting school say it will seek bankruptcy protection after abruptly shutting down this week. The Connecticut School of Broadcasting blamed its financial woes on a tightening in the ...
Read moreConnecticut School Of Broadcasting Shuts Down - WSB-TV Atlanta
ANN ARBOR, Mich., March 5 /PRNewswire/ -- With a staggering number of U.S.-based companies facing dire financial scenarios and the threat of bankruptcy looming for both large and small corporations, it is increasingly important for companies to ...
Read moreProtect Intellectual Property Before Threat of Bankruptcy Looms - PR Newswire
Debt-strapped homeowners unable to afford their mortgages could get their monthly payments lowered in bankruptcy court under a controversial element of President Barack Obama's housing rescue plan. The legislation is part of a broader housing package ...
Read moreHouse to vote on bankruptcy mortgage rewrites - Seattle Times
Racetrack operator Magna Entertainment (Latest price: MECA ) , a partner with Churchill Downs Inc. (Latest price: CHDN ) in several ventures, filed for bankruptcy protection today. The Ontario-based company said in a press release that day-to-day ...
Read moreMagna Entertainment files for bankruptcy - Louisville Courier-Journal
Magna Entertainment Corp., the operating company of Lone Star Park in Grand Prairie, has filed for Chapter 11 bankruptcy protection, it announced today. The Grand Prairie horse-racing track itself is not among the parties to the bankruptcy, according ...
Read moreLone Star Park's operating company files for bankruptcy protection - Denton Record-Chronicle
General Motors Corp.'s auditors have raised "substantial doubt" about the troubled auto maker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan. The ...
Read moreGM Auditors Talk About Chapter 11 Bankruptcy Protection - Free Internet Press
MEXICO CITY, March 5 (Reuters) - Mexico's peso currency weakened sharply and the stock market fell on Thursday as worries about the U.S. economy grew after auditors warned General Motors could face bankruptcy, a situation that could pose huge risks ...
Read moreMexico peso, stocks fall on GM bankruptcy warning - Reuters
The Connecticut School of Broadcasting is shuttering the doors of its 26 locations and planning to file for bankruptcy protection after one its lenders seized its bank accounts, the school said Thursday. The school, which opened a location in Needham ...
Read moreRadio/TV school to file for bankruptcy - Birmingham Business Journal
TORONTO, March 5 (Reuters) - Horse racing and gaming company Magna Entertainment Corp ( MECa.TO ) said on Thursday it has filed for bankruptcy protection in the United States and has sought court recognition of that status in Canada. MEC said it had ...
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