Bankruptcy Newsfeed

Court’s Fraud Ruling Is Reshaping Federal Cases

By PETER LATTMAN — Thu, 26 Aug 2010 04:00:00 -0000

The dismissal of a fraud prosecution against two former Westar Energy executives illustrates the new challenges federal prosecutors face in trying “honest services” cases.

Borrowers Refuse to Pay Billions in Home Equity Loans

By DAVID STREITFELD; JOHN COLLINS RUDOLF CONTRIBUTED REPORTING. — Thu, 12 Aug 2010 04:00:00 -0000

Lenders wrote off as uncollectible $11.1 billion in home equity loans and $19.9 billion in lines of credit in 2009.

Selig’s Battle With Lenders Is Complicating Rangers’ Sale

By RICHARD SANDOMIR and KEN BELSON — Mon, 19 Jul 2010 04:00:00 -0000

The Texas Rangers are humming along in first place in the A.L. West, a stark contrast to the soap opera that the franchise’s sale has become.

The Great Rupture

By PETER S. GOODMAN — Sun, 04 Jul 2010 04:00:00 -0000

The impressions of a traveling man: Reinvention is in the air. People are hanging together. Sometimes they aren’t.

Peddling Relief, Firms Put Debtors in Deeper Hole

By PETER S. GOODMAN — Sat, 19 Jun 2010 04:00:00 -0000

The recession has delivered an abundance of debt-saturated customers to settlement companies that take high fees regardless of whether debt is cut.

Finally, Borrowers Score Points

By GRETCHEN MORGENSON — Sun, 13 Jun 2010 04:00:00 -0000

The new scrutiny of mortgage foreclosure practices, like a $108 million fine extracted from Bank of America last week, is long overdue.