Bankruptcy

10:57am

Wed October 12, 2011
The Two-Way

Harrisburg Lawmakers Spar As City Moves Toward Bankruptcy

Originally published on Wed October 12, 2011 12:06 pm

After a 4-3 vote by the Harrisburg, Pa., city council Tuesday night to file for Chapter 9 municipal bankruptcy protection, a council member delivered the necessary documents to court today.

But now, The Associated Press reports, Harrisburg Mayor Linda Thompson (D) is making the case that the council doesn't have the authority to seek bankruptcy.

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1:24pm

Mon June 27, 2011
Sports

LA Dodgers File For Bankruptcy

The Los Angeles Dodgers have filed for Chapter 11 bankruptcy protection. Major League Baseball recently nixed a TV deal for the Dodgers that team owner Frank McCourt said would provide financial stability for the team. The bankruptcy filing appears to be a last ditch effort by McCourt to keep baseball from seizing the Dodgers — one of the most storied teams in sports.

Owner: MLB Forced Us To This Point

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8:00am

Sun January 30, 2011
Economy

Budget-Strapped States Might Prefer To Be Bankrupt

Host Liane Hansen talks with law professor David Skeel about a proposal that would allow states to declare bankruptcy as a way to handle overwhelming debt.

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