Bankruptcy auction of Philadelphia Newspapers LLC put on hold while creditors appeal rulingNovember 18th, 2009 Auction of Philly newspaper company put on holdPHILADELPHIA — A bankruptcy auction of the company that publishes The Philadelphia Inquirer and Philadelphia Daily News has been postponed while creditors appeal a key ruling. The auction of Philadelphia Newspapers LLC was put on hold Tuesday when the U.S.
Madoff's jacket sells for $14,500 in NYC auction, wife's diamond earrings fetch $70,000November 14th, 2009 Bernard Madoff's jacket, watch auctioned in NYCNEW YORK — It was about fascination with big money — and the life of a couple at the center of the biggest financial fraud case in U.S. history. Bernard and Ruth Madoff's belongings fetched several times their estimated values at auction Saturday for a total of about $1 million, twice as much as the auctioneers had hoped for.
Tribune bankruptcy judge clears way for sale of Cubs baseball team to billionaire familySeptember 24th, 2009 Bankruptcy judge signs off on Tribune's Cubs saleWILMINGTON, Del. — A federal bankruptcy judge cleared the way Thursday for the Tribune Co.
In revised bid, Balsillie agrees to keep Coyotes in Glendale this yearSeptember 23rd, 2009 Balsillie would keep Coyotes in Glendale this yearPHOENIX — Canadian billionaire Jim Balsillie has pledged to keep the Phoenix Coyotes in Glendale this season if he wins an auction for the financially troubled club. The revised offer came during an emergency hearing Wednesday before bankruptcy Judge Redfield T.
Nortel plans to auction some of its next-generation packet core network componentsSeptember 21st, 2009 Nortel plans to sell some carrier networks assetsSAN FRANCISCO — Nortel Networks Corp. said Monday that it intends to auction off some of the company's carrier networks business assets in bankruptcy court.
Canada won't block Nortel sale of wireless unit to EricssonSeptember 16th, 2009 Canada won't block Nortel sale to EricssonTORONTO — Canada's industry minister said Wednesday the government won't block the $1.1 billion sale of Nortel Networks' wireless division to Sweden's Ericsson. Canada could have blocked the sale on national security grounds or in an Investment Canada review, which can be undertaken if the book value of the asset exceeds $292 million.
Judges in US, Canada approve bankruptcy sale of Nortel business systems unitSeptember 16th, 2009 US, Canadian judges approve Nortel bankruptcy saleWILMINGTON, Del. — Judges in Delaware and Ontario have approved the sale of a Nortel Networks unit that makes communications systems for businesses.
Judge approves Magna Entertainment's sale of Thistledown, Remington tracks for almost $170MSeptember 15th, 2009 Bankruptcy judge OK's Thistledown, Remington salesWILMINGTON, Del. — A Delaware bankruptcy judge on Tuesday approved the sale of two of Magna Entertainment Corp.'s horse racing tracks — Thistledown in Ohio and Remington Park in Oklahoma City — for a combined total of almost $170 million.
NHL commissioner defends timeline for league submitting Coyotes bidSeptember 11th, 2009 Bettman defends timeline for NHL bidPHOENIX — NHL commissioner Gary Bettman says he didn't decide to submit a bid to buy the Phoenix Coyotes until "about 24 hours" before it was submitted on Aug. 25. Bettman made the comment Friday under questioning by the attorney for Canadian billionaire Jim Balsillie as the auction of the team in U.S.
Judge doesn't show his hand as Coyotes bankruptcy auction enters 2nd daySeptember 11th, 2009 Judge doesn't show his hand in Coyotes casePHOENIX — The auction for the Phoenix Coyotes entered its second and final day Friday and, after four months, the judge is offering few hints on his decision. Judge Redfield T.
Bankruptcy judge raises possibility of rejecting both bids to buy CoyotesSeptember 10th, 2009 Judge raises option of rejecting both Coyotes bidsPHOENIX — A bankruptcy judge has raised the possibility of rejecting both bids to buy the Phoenix Coyotes. Judge Redfield T.
Coyotes bankruptcy court saga comes down to battle of 2 biddersSeptember 9th, 2009 2 bidders left in battle over CoyotesPHOENIX — Fittingly, the fight for what's left of the Phoenix Coyotes has been narrowed to Canadian billionaire James Balsillie against the National Hockey League. They have, after all, been the chief antagonists in this twisted tale played out with a large cast of high-priced lawyers in U.S.
Ice Edge formally pulls out of Coyotes auction, cites lack of new lease dealSeptember 9th, 2009 Ice Edge formally withdraws Coyotes bidPHOENIX — Ice Edge Holdings has formally pulled out of the bidding for the bankrupt Phoenix Coyotes but hinted it may try to buy the team later. The partnership issued a statement on Wednesday that it was withdrawing because of the inability to reach a new lease agreement with the city of Glendale.
Ice Edge CEO insists bid alive, documents flood court as Coyotes auction nearsSeptember 4th, 2009 Ice Edge CEO says bid alive, Coyotes auction nearsPHOENIX — More documents flooded the U.S. Bankruptcy Court in Phoenix on Friday, and the head of Ice Edge insisted his bid is still alive and will viable when the bankrupt Coyotes are sold at auction next week.
Judge presiding over Tribune bankruptcy approves sale process for CubsAugust 31st, 2009 Tribune judge approves sale process for CubsWILMINGTON, Del. — A Delaware bankruptcy judge on Monday approved Tribune Co.'s request for quick court action on the company's planned sale of the Chicago Cubs.
