Money Pains

Among those counted as medically insured are some whose limited-benefit policies leave them at risk of financial disaster.

Once and possibly future American football star Michael Vick will provide creditors with more money under a new Chapter 11 bankruptcy repayment plan outlined at a court hearing on Tuesday.

PHOENIX : A bankrupt ad agency active in the Hispanic market has left two Denver stations among its largest creditors. The Denver Business Journal reports that Arvizu Advertising & Promotions owes nearly $635,000 to the two Spanish-language broadcasters.

June 29 — General Motors Corp. said it failed to reach an agreement with Toyota Motor Corp. on future products at a 25-year-old Fremont, California, joint venture and will shed the operation in bankruptcy.

STOCKTON, Calif. – The cleanup of a Superfund site next to Stockton’s Deep Water Channel is under way, and city officials say the area eventually will become a business or industrial park. A crew has begun removing contaminated soil from the 29-acre site of the former McCormick and Baxter Creosoting Co.

June 29 — Nortel Networks Corp.

Former Dunedin businessman Ricky Quirk – who once had hospitality sector holdings across the South Island – was made bankrupt in the High Court at Christchurch this month.

Sea Launch, the company that launches commercial satellites into space from a floating platform dragged out to sea from the Port of Long Beach, has filed for bankruptcy protection.

Southern Road Builders of Polk County Inc. is seeking to reorganize under Chapter 11 of the U.S. Bankruptcy Code.

VENICE’S Cantieri Navali de Poli shipyard is to become bankrupt after only a few of its 740 creditors backed a preventive agreement that would have stopped it.