Newsroom Headlines

  January 3, 2008 Rising Prices Put Pressure on Ailing Economy The price of oil briefly rose to $100 a barrel for the first time yesterday and fresh evidence emerged that the economy is slowing, the

  January 2, 2008 In Year-End Report, Chief Justice Urges Swift Action on Judicial Pay Increases Chief Justice John Roberts Jr. calling on Congress to make approval of a judicial salary increase 'a

December 31 Credit Crunch Hits Firms in Chapter 11 Since the credit crunch began in June, companies trying to exit chapter 11 have really felt the funding pinch as 2007 draws to a close, the

  December 28, 2007 Bankruptcy Case Filed against Main Ritchie Fund An investor group has filed a petition in court to declare bankrupt the flagship fund of hedge fund firm Ritchie Capital Management

Dana Plan Confirmed Dana announced that the U.S. Bankruptcy Court has signed an order confirming its reorganization plan, BankruptcyData.com reported today. The company anticipates that the plan will

MAXjet Airways Grounds All Flights, Files for Bankruptcy MAXjet Airways Inc., a two-year-old, all-business class airline based in Dulles, Va., serving trans-Atlantic routes, ceased operations Monday

  December 21, 2007   Bush Signs Tax Bill to Aid Struggling Homeowners President Bush signed a bill yesterday that gives a tax break to homeowners who have mortgage debt forgiven as part of a

  December 20, 2007   Calpine Reorganization Plan Approved Bankruptcy Judge Burton R. Lifland approved Calpine Corp.'s reorganization plan after the debtors, creditors and shareholders reached a

  December 19, 2007 Federal-Mogul to Emerge from Bankruptcy Federal-Mogul Corp. said yesterday that it will emerge from six years of bankruptcy protection on Dec. 27, the date its reorganization plan

  December 18, 2007 Mortgage Lending GSE Language Jettisoned from Spending Bill In last-minute wrangling over the omnibus spending bill, Sen. Charles Schumer (D-N.Y.) was denied in his bid to raise