Newsroom Headlines

  April 4, 2006 Proxim Seeks More Time for Chapter 11 Plan Seeking more time to iron out its negotiations with creditors, wireless equipment maker Proxim Corp. has asked a federal court for a 60-day

  April 3, 2006 New Bankruptcy Law Puts Debt Agencies in a Bind While lenders hoped the credit counseling requirement of the new bankruptcy law would persuade some borrowers not to file bankruptcy

  March 31, 2006 Proposed Pension Reporting Method Would Show Companies Have More Debt The board that writes accounting rules for American business is proposing a new method of reporting pension

  March 30, 2006 Tracing Refco's Ruin Leads Probe to Bermuda Six months into the investigation of what led to Refco's demise, inquiries of the company's dealings have broadened and are now focusing on

  March 29, 2006 Alabama  Bankruptcy Cases Hit Record High in 2005 The number of bankruptcies filed in Alabama hit a record 47,844 last year, rising 14 percent from the previous year, the Birmingham (

  March 28, 2006 Curative Health Files Chapter 11 with $255 Million in Debts New Hampshire-based health care provider Curative Health Services has filed for chapter 11 bankruptcy protection, listing

  March 27, 2006 Personal Bankruptcy Filings Up 30 Percent Personal bankruptcies soared 30 percent to a record high last year, surpassing 2 million for the first time as financially strained people

  March 24, 2006 Long-Term Forecast Hazy for Katrina-Hit Businesses Lawmakers say they are doing their best to help small businesses and taxpayers affected by Hurricanes Katrina and Rita stave off

  March 23, 2006 Committees See Holes in Bankruptcy Code Provision Frustrated with gaping holes in the Bankruptcy Code’s new information-sharing provision, the official creditors’ committee of

  March 22, 2006 Full $24.5 Million Recovery for Pliant’s Unsecured Creditors Unsecured creditors of bankrupt food packaging company Pliant Corp. will receive $24.5 million in a full recovery of