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A collection of news and information related to Bankruptcy published by this site and its partners.
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Sparrows Point cleanup to go on, despite bankruptcy
The bankruptcy filing by the owner of Sparrows Point casts yet another cloud over the future of steel-making there, but spokespeople for RG Steel and the Maryland Department of the Environment both say it should have no effect on the cleanup of...
Tags: Companies and Corporations, Annapolis, Bethlehem Steel, Dundalk, Chesapeake Bay Foundation
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Good morning, Baltimore: Need to know for Friday
WEATHER
Today's forecast calls for mostly cloudy skies, a chance of rain and thunderstorms, and a high temperature near 83 degrees. Friday night is expected to be rainy, with a low temperature around 65 degrees.
TRAFFIC
Check our traffic map for this...Tags: Morgan State University, Electronics, Prosecution, Harborplace, New York City
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RG Steel has until July 27 to sell Sparrows Point, agreement with lenders says
The owner of the struggling Sparrows Point steel mill faces a tight deadline — late July — to sell the plant and other assets under the terms of an interim loan for up to $50 million that a U.S. Bankruptcy Court judge approved Friday.
The...Tags: Companies and Corporations, Finance, General Electric Capital Corporation, Kevin J. Carey, Trials
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Sparrows Point mill owner files for bankruptcy
The Sparrows Point steel mill stumbled into bankruptcy for the second time in 11 years as its owner filed Thursday for Chapter 11 protection from creditors as it prepares to idle operations and cut nearly 2,000 jobs at the plant next week.
RG Steel LLC...Tags: T. Rowe Price, Baltimore County, Judges, Kinder Morgan Incorporated, Companies and Corporations
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Seniors grow old under debt
Norman Harvel is growing old under a mountain of debt. At 60, Harvel faces medical and credit card bills topping $80,000. Yet Harvel is unable to work, having been injured at a job site more a decade ago. The former building maintenance worker now...Tags: Retirement, Research, Alzheimer's Disease, Baltimore County, Teaching and Learning
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Student loans discharged because debtor has Asperger's
A Baltimore County woman had about $340,000 in student loan debt discharged by a federal bankruptcy judge this month because Asperger's syndrome prevents her from holding a job. Carol Todd of Nottingham pursued college degrees "as a stepping stone toward...Tags: Nottingham, University of Baltimore, Colleges and Universities, Asperger Syndrome, Teaching and Learning
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Report: Ex-Ravens RB Jamal Lewis files for Ch. 11 bankruptcy
The Baltimore SunEx-Ravens running back Jamal Lewis has filed for Chapter 11 bankruptcy protection. Online bankruptcy records available Sunday with the U.S. Bankruptcy Court Northern District of Georgia show Lewis has assets of about $14.5 million and owes about $10.5...Tags: Movies, Bank of America Corp., Super Bowl, National Football League, Cleveland Browns
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Sparrows Point steel mill will close in June
The owner of the financially ailing Sparrows Point steel plant is idling operations there, warning 1,975 workers Thursday that they would be laid off starting next month.
The news, the latest casting doubt on the future of the Baltimore County facility,...Tags: Layoffs and Downsizing, Anirban Basu, Mittal Steel Company NV, Unemployment, U.S. Department of Justice
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Sparrows Point owner considers selling plant
The struggling Sparrows Point steel mill could be sold within the next six months, mill owner RG Steel said Monday.
"We're not going to be specific at this time," said Bette Kovach, an RG Steel spokeswoman, as she confirmed comments by two company...Tags: T. Rowe Price, Gardening, Mittal Steel Company NV, Plant Openings, Emergency Incidents
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Trucking company owner files for bankruptcy again
The owner of an Anne Arundel County trucking company put out of business late last year by federal safety officials has filed for bankruptcy protection again, listing more than $3.3 million in debt.
Mark David Gunther Sr., owner of Harmans-based Gunthers...Tags: Bank of America Corp., Companies and Corporations, Financially Distressed Companies, Baltimore-Washington International Thurgood Marshall Airport
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White Marsh Mall renovations starting Sunday
Managers of White Marsh Mall offered more details today about mall upgrades, a day after announcing that Boscov's department store will return to the shopping center in October.
Boscov's had closed its store at the mall nearly four years ago after it...Tags: White Marsh
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May 24, 2012
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May 21, 2012
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May 21, 2012
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May 18, 2012
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