News tagged with bankruptcy
Utah jury decides Unix battle in favor of Novell
(AP) -- Novell Inc. never sold ownership rights to Unix computer software code when it allowed another company to take over the servicing of the venerable server operating system used by large corporations, a jury in Utah ...
Mar 31, 2010 |
4.2 / 5 (10) |
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Research: No evidence for 'too big to fail' policies
The U.S. economy would be better served by letting failing firms file for bankruptcy rather than by bailing them out under presumptive federal policies that deem them to be "too big to fail," according to ...
Other Sciences / Economics & Business
Apr 24, 2009 |
5 / 5 (6) |
2
Statistical analysis could predict bankrupt stocks
(Phys.org) -- During the 20-year period from 1989 to 2008, 21% of of all stocks listed in US stock markets became bankrupt. Since bankruptcies affect many investors and have played a large role in the recent ...
Other Sciences / Economics & Business
May 03, 2012 |
3.3 / 5 (7) |
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Wireless startup LightSquared files for bankruptcy
LightSquared Inc., which hoped to create an independent wireless broadband network in the U.S., filed for bankruptcy protection on Monday.
May 14, 2012 |
4.8 / 5 (4) |
6
GM, Chrysler bankruptcies created troubling legacy, legal scholars say
The Chrysler and General Motors bankruptcy reorganizations represented a sea change in corporate restructuring, one that could portend the end of our current system of bankruptcy reorganization, according to a published article ...
Other Sciences / Economics & Business
Nov 10, 2010 |
4.5 / 5 (4) |
0
Illness, medical bills linked to nearly two-thirds of bankruptcies
Medical problems contributed to nearly two-thirds (62.1 percent) of all bankruptcies in 2007, according to a study in the August issue of the American Journal of Medicine that will be published online Thursday. The data w ...
Jun 04, 2009 |
5 / 5 (3) |
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GM to launch plug-in hybrid SUV in 2011
General Motors will launch a plug-in hybrid sport utility vehicle under the Buick brand in 2011, the automaker said Thursday.
Technology / Energy & Green Tech
Aug 07, 2009 |
3 / 5 (4) |
4
Myths and shame keep many from seeking bankruptcy protection
(PhysOrg.com) -- Two interesting facts that may counter modern ideas about bankruptcy: The overwhelming majority of U.S. filings belong to individuals rather than corporations or entities, and most of these ...
Other Sciences / Economics & Business
Feb 13, 2012 |
3.7 / 5 (3) |
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Google bids $900 million for Nortel patents
Internet giant Google said Monday it is bidding $900 million to buy the patent portfolio of Canadian technology company Nortel at a bankruptcy auction.
Apr 04, 2011 |
5 / 5 (2) |
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Ownership of Unix copyright headed to trial
(AP) -- A federal appeals court on Monday reversed a judge's decision that granted the copyright of the Unix computer operating system to Novell Inc.
Aug 25, 2009 |
2.3 / 5 (4) |
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New research counters risky image of popular financial investments
(PhysOrg.com) -- They have been called "financial weapons of mass destruction" and blamed for a number of catastrophic losses and bankruptcies. New research by a finance professor at Virginia Tech's Pamplin ...
Other Sciences / Economics & Business
Mar 16, 2010 |
3 / 5 (3) |
0
Private equity firms win battle for bankrupt Polaroid
Bankrupt Polaroid Corp. has been bought by a pair of private equity firms after a judge threw out the acquisition of the iconic inventor of instant photography by another investor.
Apr 17, 2009 |
4 / 5 (2) |
0
Japanese chipmaker Elpida files for bankruptcy
(AP) -- Computer chipmaker Elpida Memory Inc. filed for Japan's largest manufacturing bankruptcy Monday after amassing debts from nose-diving prices, competition from Samsung and flooding in Thailand last ...
Feb 27, 2012 |
4 / 5 (2) |
1
London 2012 replaces sponsor Nortel with Cisco
(AP) -- London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue.
Jul 10, 2009 |
3.5 / 5 (2) |
0
Former trailblazer Kodak files for Chapter 11
Is Kodak's moment past? The glory days when Eastman Kodak Co. ruled the world of film photography lasted for over a century. Then came a stunning reversal of fortune: cutthroat competition from Japanese firms ...
Jan 19, 2012 |
3.5 / 5 (2) |
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Bankruptcy
Bankruptcy is a legally declared inability or impairment of ability of an individual or organization to pay its creditors. Creditors may file a bankruptcy petition against a debtor ("involuntary bankruptcy") in an effort to recoup a portion of what they are owed or initiate a restructuring. In the majority of cases, however, bankruptcy is initiated by the debtor (a "voluntary bankruptcy" that is filed by the insolvent individual or organization).
For more information about Bankruptcy, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
