Former New York Mets outfielder Lenny Dykstra has pleaded guilty to three counts stemming from a bankruptcy fraud case in Los Angeles.
A struggling economy and tough job market has forced many families to file for bankruptcy. Filing can be a difficult decision, and it doesn’t guarantee that you will be debt free.
Former New York Mets outfielder Lenny Dykstra was sentenced Monday to three years in state prison in a grand theft auto case. Los Angeles County superior court judge Cynthia Ulfig sentenced Dykstra after refusing to allow him to withdraw a no-contest plea.
The smell of bagels still lingers in the air, but the padlock on the door tells a different story at the H&H Bagels location on 46th Street.
Defunct trading company MF Global Inc. says it is terminating its entire workforce of 1,066 employees a week after filing for bankruptcy protection.
Oh no! Where will the brides run now?
Move over, Mets. There’s reportedly a new cash-strapped franchise in town.
Carey, a Democrat, served two terms as governor from 1975 to 1982 after seven terms as a congressman from Brooklyn. Hailed for his crisis management during the city’s brush with insolvency, Carey mustered the backing needed to reorganize its shaky finances and restore confidence in both the city and state.
The additional closings would bring the remaining store total to about 400.
The U.S. Bankruptcy Court for the Southern District in New York will rule on whether a bid by a group of debtholders for $290 million should be approved.
Using the six-year look back period involved in bankruptcies in New York, the following will try to lay out the parameters for a possible settlement of the Madoff lawsuit involving the Wilpon/Katz defendants.
The 40-year-old company plans to close about 200 of its 642 stores over the next few weeks. All of the stores closed will be superstores, Borders spokeswoman Mary Davis said.
A historic $7.2 billion deal was approved Thursday to settle a lawsuit brought against the estate of one of the oldest and wealthiest clients of disgraced financier Bernard Madoff.
Workers at a grocery distributor in New Jersey could lose their jobs in February in the wake of a bankruptcy filing by the supermarket giant.
Officials are warning that the New York City Off-Track Betting Corp. could be forced to shut down in December unless state lawmakers approve a bailout of the operation.