“Bankruptcy” on The Daily Caller

Got debt? (more)

NEW YORK (AP) — Blockbuster Inc., once the dominant movie rental company in the U.S., filed for Chapter 11 bankruptcy protection on Thursday, reeling from mounting losses, rising debt and competitors that have better catered to Americans’ changed media habits. (more)

News of Elizabeth Warren’s decision not to return to classes this fall at Harvard Law School has sparked renewed speculation that President Obama will nominate the law professor to head the Consumer Financial Protection Bureau (CFPB). (more)

In Six Flags Inc.’s bankruptcy case last fall, a hedge fund that owned senior bonds negotiated the theme-park company’s reorganization plan, then dumped lower-ranking bonds it figured would lose value under the deal. (more)

The Treasury special inspector general responsible for the Troubled Asset Relief Program got it right in his report saying that the termination of Chrysler and General Motors auto dealerships may have ended up costing more jobs than necessary, the National Automobile Dealers Association said Monday. (more)

Teresa Giudice, of Bravo’s “Real Housewives of New Jersey,” has put her gaudy Garden State mansion up for sale for $3.99 million, according to reports. (more)

May 4 (Bloomberg) — Greek government workers shut down schools and hospitals and disrupted flights as demonstrators occupied the Acropolis in an escalation of protests against 30 billion euros ($40 billion) of additional wage cuts and tax increases unveiled this week. (more)

More than $263,000 for photocopies in four months. Over $2,100 in limousine rides by one partner in one month. And $48 just to leave a message. Explanations for these charges? Priceless. (more)

In a sign that a bipartisan deal is much farther away from being reached than had been thought, Senate Republicans said Monday they will likely offer an alternative comprehensive bill on financial regulatory reform if they defeat Democrats’ attempts Monday to move forward on debate with the bill as it is currently written. (more)

Jennifer Lopez’s ex-husband, Ojani Noa, is filing for bankruptcy, claiming the legal battle over the couple’s private home videos has left him broke and depressed. (more)

Blockbuster Inc. said it may file for Chapter 11 bankruptcy protection if it is unable meet or restructure its debt commitments. (more)

Surprise, surprise. Sen. Chris Dodd’s financial-regulation proposal raises the possibility of substantial progress on the road to ending “Too Big To Fail” (TBTF) and bailout nation for banks and other financial institutions. (more)

Greece should sell some of its uninhabited islands to raise cash to avoid bankruptcy, two German parliamentarians from Chancellor Angela Merkel’s centre-right coalition suggested on Thursday. (more)

Mr. van Bakel’s company, Vreba-Hoff Dairy Development, signed up 70 Dutch immigrants over the past decade for a package deal designed to help them start dairy farms here. Typically, Mr. van Bakel helped clients sell their farms in the Netherlands and used the proceeds as seed money to finance bigger dairies with more cows in America. (more)

Air America announced today that it’s declaring bankruptcy and ceasing its live broadcasts immediately. Here’s the statement posted on Air America’s website: (more)

Japan Airlines today filed for bankruptcy in an attempt to reverse the fortunes of a once-revered corporate icon now saddled with billions of dollars of debt and a reputation for mismanagement and inefficiency. (more)

DENVER (AP) — Affiliated Media Inc., the holding company for the MediaNews Group family of newspapers that includes The Denver Post, plans to file for Chapter 11 bankruptcy protection. (more)

PORTLAND, Maine (AP) — FairPoint Communications Inc. is again pushing back the date for filing its bankruptcy reorganization plan. (more)

SAVANNAH, Ga. (AP) — Morris Publishing Group, owner of 13 daily newspapers including The Augusta Chronicle, Savannah Morning News and Florida Times-Union of Jacksonville, said Wednesday it plans to file for Chapter 11 bankruptcy protection within a week. (more)

ROANOKE, Va. (AP) — Luna Innovations Inc., which develops molecular and sensing technologies, says it expects to emerge from Chapter 11 bankruptcy protection. (more)