Money Pains

Lehman Brothers Holdings Inc , the bankrupt U.S. investment bank, needs at least $550 million to keep its two bank units going as it prepares to sell them or shut them down in 18 months, court documents show.

Bankrupt ethanol producer VeraSun asking farmers for repayment of money from sold corn Ethanol – Maize – Energy – Business – Renewable

NEW YORK, Sept 2 – Innkeepers USA Trust’s bankruptcy plan agreement with a Lehman Brothers Holdings Inc unit has been shot down by a judge after some creditors said it was unfair, according to a lawyer involved in the case.

BLADE STAFF Bankruptcy filings across northwest Ohio rose in August, reversing a four-month trend in which the number of cases had been declining from last year. Last month had 785 filings, up 6 percent from the same month last year for the 21 Ohio counties within the U.S.

The number of bankruptcy filings in New Hampshire dropped sharply in August compared to last month and a year earlier. It was second consecutive monthly decrease in what had been an unrelenting four-year climb in bankruptcy filings.There were 421 filings in August, according to unofficial figures, 52 fewer than July and 73 fewer than the previous August

Personal bankruptcy filings fell in August, nearly erasing the rise in filings the prior month, a new report shows.

RENO, Nev. – A Reno bankruptcy judge has approved a Station Casinos Inc. reorganization plan for creditors to take an ownership stake in some properties and buy others through an auction.

Miami is bankrupt. Unfortunately the city refuses to admit it. As you recoil from your tax warning notice today, ponder this: those multiple tax hikes aren’t the only charges set to rise.

Paul Hogan accuses the Tax Office of trying to bankrupt him after it banned him from leaving the country until he paid an alleged multimillion-dollar tax debt.

A bankruptcy action can be considered “commenced” even when a debtor has failed to meet a requirement imposed by Congress that he first receive credit counseling, the 2nd U.S.