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Highlights

A collection of news and information related to Bankruptcy published by this site and its partners.

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    Feb 16, 2011 |Story| WGNO-LTV
  1. Borders files for bankruptcy, Plans to close both New Orleans area stores

    Borders Group Inc filed for bankruptcy protection and said it would close about one-third of its bookstores - including both in the New Orleans area - after years of shriveling sales that made it impossible to manage its crushing debt load.
    WGNO News
    Borders Group Inc filed for bankruptcy protection and said it would close about one-third of its bookstores - including both in the New Orleans area - after years of shriveling sales that made it impossible to manage its crushing debt load. The long-...

    Tags: Economy, Business and Finance, Pearson Plc, Barnes & Noble, Inc., General Electric Company, Morningstar Incorporated

  2. Sep 20, 2010 |Story| WGNO-LTV
  3. UPDATE: Nucor Moves Ahead With Louisiana Project

    With a stale national economy as a backdrop, a decision by steelmaker Nucor Corp. to move ahead with a $3.4 billion project in Louisiana is a major score for the state.
    ABC26 News
    With a stale national economy as a backdrop, a decision by steelmaker Nucor Corp. to move ahead with a $3.4 billion project in Louisiana is a major score for the state. The first phase was unveiled last week: a $750 million plant in St. James Parish that...

    Tags: Louisiana, Barack Obama, Economy, Business and Finance, Disasters and Accidents, Natural Disasters

  4. Sep 21, 2010 |Story| WGNO-LTV
  5. Senate Panel Wraps Up Impeachment Hearings

    A Senate impeachment panel wrapped up hearings today on corruption charges facing a Louisiana judge who could become just the eighth federal judge to be removed from the bench.
    ABC26 News
    A Senate impeachment panel wrapped up hearings today on corruption charges facing a Louisiana judge who could become just the eighth federal judge to be removed from the bench. Sen. Claire McCaskill, the chairman of the committee, said she expects to...

    Tags: Louisiana, Trials, Idaho, Trips and Vacations, Bill Clinton

  6. Nov 6, 2010 |Story| WGNO-LTV
  7. Flight-school Owner Sought For Theft

    A man who allegedly owes more than $250,000
from a helicopter-flight school he operated at the Houma airport is
on the run.
    ABC26 News
    A man who allegedly owes more than $250,000 from a helicopter-flight school he operated at the Houma airport is on the run. Saturday's Courier reported that a Terrebonne Parish grand jury in August concluded there was not enough evidence to try Clyde...

    Tags: WGNO, Organized Crime, Crimes, Justice System, Crime, Law and Justice

  8. Dec 7, 2010 |Story| WGNO-LTV
  9. Porteous' Fate Expected Wednesday

    The attorney for an impeached federal judge on trial before the Senate argued that Congress is pursuing unconstitutional charges against his client and would be breaking with two centuries of precedent by removing him from office.
    ABC26 News
    The attorney for an impeached federal judge on trial before the Senate argued that Congress is pursuing unconstitutional charges against his client and would be breaking with two centuries of precedent by removing him from office. Defense attorney...

    Tags: Louisiana, WGNO, Elections, Justice System, Crime, Law and Justice

  10. Jun 11, 2010 |Story| WGNO-LTV
  11. Treasurer asks for BP bankruptcy plan

    State Treasurer John Kennedy is urging
    ABC26 News
    State Treasurer John Kennedy is urging Louisiana officials to prepare for the possibility oil giant BP could file for bankruptcy because of the massive spill in the Gulf of Mexico. Kennedy sent Gov. Bobby Jindal a letter this week pushing him to...

    Tags: Louisiana, Environmental Cleanup, Government, Environmental Pollution, Companies and Corporations

  12. Jun 12, 2010 |Story| WGNO-LTV
  13. Coast Guard to BP: Speed it up, stop the spill

    The Coast Guard has demanded that BP
step up its efforts to contain the oil gushing into the Gulf of
Mexico by the end of the weekend, telling the British oil giant
that its slow pace in stopping the spill is becoming increasingly
alarming as the disaster fouled the coastline in ugly new ways
Saturday.
    ABC26 News
    The Coast Guard has demanded that BP step up its efforts to contain the oil gushing into the Gulf of Mexico by the end of the weekend, telling the British oil giant that its slow pace in stopping the spill is becoming increasingly alarming as the disaster...

    Tags: Mississippi, Louisiana, Barack Obama, Employees, Government

  14. Jun 13, 2010 |Story| WGNO-LTV
  15. BP exec gives pep talk amid US tensions over spill

    A top BP executive acknowledged the
growing tensions between the oil giant and the federal government
but also gave workers at a command center a much-needed pep talk,
reminding them of the huge challenge they faced as they try to stop
a massive oil leak and keep the crude away from the fragile Gulf
Coast.
    ABC26 News
    A top BP executive acknowledged the growing tensions between the oil giant and the federal government but also gave workers at a command center a much-needed pep talk, reminding them of the huge challenge they faced as they try to stop a massive oil...

    Tags: Mississippi, Louisiana, Barack Obama, Employees, Government

  16. Jun 13, 2010 |Story| WGNO-LTV
  17. Sensors deployed to better track oil spill in Gulf

    Undersea sensors were deployed to a
ruptured well in the Gulf of Mexico on Sunday in an effort to
better track the amount of oil gushing into the sea as pressure
mounted on BP to create special accounts that would set aside
billions of dollars to pay for spill-related claims.
    ABC26 News
    Undersea sensors were deployed to a ruptured well in the Gulf of Mexico on Sunday in an effort to better track the amount of oil gushing into the sea as pressure mounted on BP to create special accounts that would set aside billions of dollars to pay...

    Tags: Mississippi, Louisiana, Barack Obama, Government, Environmental Pollution

  18. Jun 16, 2010 |Story| WGNO-LTV
  19. BP says it's sorry - and guarantees $20B for Gulf

    President Barack Obama wrested a $20 billion
compensation guarantee and an apology to the nation from British
oil giant BP Wednesday, announcing the company would set up a major
claims fund for shrimpers, restaurateurs and others whose lives and
livelihoods are being wrecked by the oil flooding into the Gulf of
Mexico.
    ABC26 News
    President Barack Obama wrested a $20 billion compensation guarantee and an apology to the nation from British oil giant BP Wednesday, announcing the company would set up a major claims fund for shrimpers, restaurateurs and others whose lives and...

    Tags: Barack Obama, Economy, Business and Finance, Government, Environmental Pollution, Companies and Corporations

  20. Nov 10, 2009 |Story| WGNO-LTV
  21. Nickelodeon, Southern Star Amusements Split Ways on Reviving Former Jazzland

    The Nickelodeon cable television network says
it has ended its relationship with a new Louisiana company it
partnered with in August to redevelop the abandoned Six Flags
amusement park in New Orleans.
    ABC26 News
    The Nickelodeon cable television network says it has ended its relationship with a new Louisiana company it partnered with in August to redevelop the abandoned Six Flags amusement park in New Orleans. Nickelodeon said it ended its licensing agreement...

    Tags: Louisiana, New Orleans, Amusement and Theme Parks, Six Flags Inc., Television Networks

  22. Apr 10, 2010 |Story| WGNO-LTV
  23. City Now Owns Six Flags

    Six Flags is finally turning over it's shuttered theme park to the city of New Orleans, along with millions of dollars…that's according to a report in the Wall Street Journal.
    ABC26 News
    Six Flags is finally turning over it's shuttered theme park to the city of New Orleans, along with millions of dollars…that's according to a report in the Wall Street Journal. It's sat vacant for years, but now, according to the Wall Street Journal, a...

    Tags: Theme Park Vacations, Lobbying, Eric Williams, Amusement and Theme Parks, Travel

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