WASHINGTON, D.C. - (Mealey's) The U.S. Department of Justice (DOJ) announced Feb. 9 that the federal government, attorneys general from 49 states and five national banks have reached a $25 billion settlement to resolve issues stemming from the lenders'... Read More
NEW YORK - (AP) A group of Tribune Co. creditors filed a lawsuit Friday alleging the media company's nearly two-year stint in bankruptcy protection might have been averted if not for the greed of big banks who saddled the business with more debt than... Read More
FORT WORTH, Texas - (AP) A federal bankruptcy judge ordered the Texas Rangers and their angry creditors into mediation Thursday, pushing any resolution of the long-delayed sale dangerously close to a deadline that could be crucial to the team's playoff... Read More