Facing billions of dollars in potential liabilities over its role in a series of deadly wildfires, PG&E filed for bankruptcy protection Jan. 29.
· Take a look back at Donald Trump’s four business bankruptcies, all stemming from his hotel and casino businesses in Atlantic City, New Jersey.
Delinquency rates in Texas and Florida stick out like a sore thumb Hurricane-Struck Metros Still Struggling With Mortgage. – But in areas struck by hurricanes in 2017 – and in some Northern California metros impacted by wildfires last year – serious delinquency rates, representing mortgages that are over 90 days.Cape Coral Florida Mortgage – Another Successful Closing Florida Ends Housing Aid Program With $88 Million Unspent According to the report, the organization has approved 373,460 individual assistance applications for the Harvey recovery efforts, approving about $1.6 billion for its individuals and households.Get your Florida Real Estate, CAM, Insurance or NMLS Mortgage license at Larson Educational Services – one of the premier real estate schools in florida. florida real estate, CAM, Insurance and mortgage loan originator license classes are available in Fort Myers, Naples, Sarasota and online.
Bankruptcy documents reveal that FirstEnergy Solutions has spent millions of dollars on outside lobbying and public relations firms as it seeks bailouts for its nuclear power plants from consumers in Ohio and Pennsylvania.
Greece ended its third consecutive international bailout last summer – programs that rescued the country’s euro membership.
· Reportedly, the Treasury recovered only $39 billion from its $49.5 billion taxpayer-funded bailout of GM In April 2015, GM returned to court before the original bankruptcy judge robert gerber and argued that the company should be shielded from current class action lawsuits related to vehicles produced before its bankruptcy which have been recalled for numerous defects.
The House passed a $14-billion, stopgap bailout of the automotive industry on Wednesday night. But in the Senate, Republicans have the votes to prevent it. And despite urging from the exiting Bush.
The 2009 general motors chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through Chapter 11, Title 11, United States Code in the United States bankruptcy court for the Southern District of New York. The united states government-endorsed sale enabled the NGMCO Inc. to purchase the continuing operational assets of the old gm. normal operations, including employee compensation, warranties, and other customer service were uninterrup
· Automakers Need Bankruptcy, Not Bailout. For all of the debate over a taxpayer bailout for the Big Three, the bankruptcy option has received very little criticism, even from bailout proponents. Instead, their arguments address a hypothetical "do nothing" option in which the Big Three cease operations within the next year,
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GM filed for Chapter 11 reorganization in the Manhattan New York federal bankruptcy court on June 1, 2009 at approximately 8:00 am EDT. June 1, 2009 was the deadline to supply an acceptable viability plan to the U.S. Treasury. The filing reported US$82.29 billion in assets and US$172.81 billion in debt.