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RG Steel's creditors want Rennert to pay over $238 million
Bankrupt RG Steel's unsecured creditors are seeking permission to sue Ira Rennert — the billionaire who created the company to buy Sparrows Point — for allegedly worsening the steel mill owner's financial situation in order to improve his own....
Tags: United Steelworkers, Bankruptcy, Trials, University of Baltimore, Interior Policy
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William R. Smith, 83, lover of railroads great and small
William R. Smith, a career railroader who rose from coach cleaner to head the Canton Railroad Co. and was also a strong advocate for the port of Baltimore, died Saturday from complications of Parkinson's disease at Gilchrist Hospice in Towson. The...
Tags: Realty, Christianity, Carrollton, Anglicanism, Light Rail (Baltimore)
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Part three: Culture shock
Tribune Tower was in crisis, and the illustrations of penguins installed in the building's ornate lobby were meant as a constant reminder. With Tribune Co. revenues sliding and managers struggling to adjust to an Internet revolution, executives in early...
Tags: Colleges and Universities, Teaching and Learning, Computing and Information Technology Industry, Sales, Tribune Tower
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Liguori named CEO of Tribune Co.
Television executive Peter Liguori was named the new chief executive of Tribune Co. Thursday, taking the reins of the reorganized Chicago-based media company weeks after its emergence from bankruptcy. In a widely expected announcement, Liguori, 52, a...
Tags: Television Stations, Ross Levinsohn, Bankruptcy, Peter Liguori, Los Angeles Times
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Baltimore bid to host Volvo Ocean Race in final review
Volvo Ocean Race officials will visit Baltimore on Monday to evaluate a bid to host the only U.S. stop of the 2014-2015 edition of the round-the-world contest known as the Super Bowl of sailing. Volvo officials are expected to begin announcing the ports...
Tags: Stephanie Rawlings-Blake, Inner Harbor, Auto Racing, New York City, Super Bowl
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Part one: Zell's big gamble
Aside from the business suit he was wearing, which he joked was rented for the occasion, Sam Zell was never more himself than when he appeared at a New York lender conference in April 2007 to hawk his $8.2 billion buyout of Tribune Co. Slinging one-...
Tags: Television Stations, Tribune Tower, Banking, Financial Markets, Leveraged Buyouts
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Thank you, AIG?
Periodically, one comes across a jaw-dropping example of lawsuit abuse. The Good Samaritan gets sued for preventing a suicide, the robber takes the store clerk to court for fighting back, the B-list starlet sues because nobody watched her sex tape...
Tags: Game of Thrones (tv program), Litigation, Bankruptcy, Trials, Finance
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New economic development chief named for Md.
Maryland's second-in-command on economic development matters will step into the top job in January when the current secretary leaves for the private sector, state officials announced Wednesday. Dominick Murray, who joined the Maryland Department of...
Tags: Martin O'Malley, Small Businesses, Robert L. Ehrlich Jr., CBS Corp., Business
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Ray Lewis' future could include speaking engagements, endorsements
The Baltimore SunOf this, there is not much debate: no one in sports has mastered the pregame speech like Ravens linebacker Ray Lewis. And his gift for hyper intense gab — the way he builds to furious crescendo, cajoling those listening to rise up against an enemy...Tags: Bankruptcy, Video Supplies and Services, YouTube, Michael Strahan, Under Armour Inc.
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With new leader, opportunity to change for Baltimore Development Corp.
Until last month, M.J. "Jay" Brodie was the only person to hold the title of president of the Baltimore Development Corp. since it was organized in the mid-1990s into its current form, with a largely private-sector board of directors.
What the city's...Tags: Conservation, Business Enterprises, Baltimore Development Corporation, Stephanie Rawlings-Blake, Colleges and Universities
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RG Steel files 'clawback' suits to get money repaid
RG Steel has filed more than 280 "clawback" suits aimed at getting companies to repay money received from the steel company in the three months before its bankruptcy. RG Steel, formed to buy the Sparrows Point mill and several other facilities in 2011,...
Tags: Bankruptcy, Trials, Financially Distressed Companies, Auction Service
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Tribune Co. to emerge from bankruptcy Monday
The last day of 2012 is the first of a new era for Tribune Co. After spending more than four years embroiled in a contentious Chapter 11 bankruptcy case, the reorganized Chicago-based media company will emerge Monday under new owners and a newly...Tags: Television Stations, Litigation, Bankruptcy, Trials, Peter Liguori
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Dec 19, 2012
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Dec 30, 2012
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