Struggling Mexicana airline halting all operations
Debt-ridden carrier Mexicana and its domestic subsidiaries will begin suspending flights midnight Friday and halt all operations by the next day as it seeks to restructure costs, Mexico's transportation secretary said.
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Wilmington Trust Appointed to Unsecured Creditors' Committee in Corus Bankshares, Inc. Bankruptcy Case
WILMINGTON, Del.----Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services business, said today that it has been appointed by the United States Trustee to serve as a member of the unsecured creditors’ committee in the bankruptcy of Corus Bankshares, Inc. , which is one of the largest Chapter 11 filings in the ...
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Local woman sentenced to 46 months in prison in fraud case
BALTIMORE A Hagerstown woman convicted in May of bankruptcy fraud and other charges was sentenced Friday in U.S. District Court to 46 months in prison and ordered to pay $425,000 in restitution.
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Business Briefs: Dominion sues 9 over W.Va. reservoir rights
The defendants are in five states -- West Virginia, Ohio, Texas, Louisiana and Alabama -- and have minority interests in the oil and gas under a combined 136 acres. It's "very, very rare" to sue individuals under federal condemnation laws, but after 10 years and successful deals with more than ...
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Judge throws out motion for mistrial in Skilled Healthcare case; court also grants injunction against nursing home ...
A Humboldt County judge threw out a motion for a mistrial in the class action lawsuit against Skilled Healthcare on Friday, signaling another wild day for the company's stock.
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