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Uno’s Chicago Grill chain files for bankruptcy

SAN FRANCISCO – (AP) Burdened by debt from a 2005 private equity takeover, the Uno pizzeria chain’s parent company filed for Chapter 11 protection Wednesday, with plans to give its lenders a controlling equity stake in exchange for debt. Privately owned Uno Restaurant Holdings Corp See more here: Uno’s Chicago …

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BANKRUPTCY: Hard Times Lead To Dramatic Rise In Bankruptcies

http://www.npr.org/templates/story/story.php?storyId=122779932 Read more here: BANKRUPTCY: Hard Times Lead To Dramatic Rise In Bankruptcies

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Denver Post owner plans prepackaged Ch. 11 filing (AP)

AP – The holding company for MediaNews Group Inc. newspapers, including The Denver Post and San Jose Mercury News, says it plans to file for Chapter 11 bankruptcy protection. View post: Denver Post owner plans prepackaged Ch. 11 filing (AP) Read more here: Denver Post owner plans prepackaged Ch. 11 filing …

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Power back on at airport in Midwest

The lights were back on at Cleveland, Ohio’s largest airport Sunday afternoon after a transformer explosion cut power at terminals for more than seven hours, an airport spokeswoman told CNN. Read the original post: Power back on at airport in Midwest Read more here: Power back on at airport in Midwest

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Florida citrus industry on freeze alert

The $9.3 billion citrus industry in Florida is watching and waiting. A hard freeze tonight could smack an industry that supplies three-quarters of the U.S. orange crop. Here is the original post: Florida citrus industry on freeze alert Read more here: Florida citrus industry on freeze alert

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Bosnian in N.Y. terror probe pleads not guilty

A Bosnian immigrant arrested this week in an FBI terror probe pleaded not guilty Saturday to charges of committing murder in a foreign country and receiving military-type training from al Qaeda. See more here: Bosnian in N.Y. terror probe pleads not guilty Here is the original post: Bosnian in N.Y. terror probe …

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WaMu says tax refund may double, shares soar (Reuters)

Reuters – Washington Mutual Inc said it could receive an additional $2.6 billion in tax refunds due to a recently enacted law, sending shares of the bankrupt bank holding company soaring on Thursday. See more here: WaMu says tax refund may double, shares soar (Reuters) View original post here: WaMu says …

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Pilgrim’s Pride exits bankruptcy under JBS deal (Reuters)

Reuters – U.S. chicken producer Pilgrim’s Pride Corp said on Monday it has emerged from bankruptcy protection, just over a year after beginning the process. See more here: Pilgrim’s Pride exits bankruptcy under JBS deal (Reuters) See original here: Pilgrim’s Pride exits bankruptcy under JBS deal (Reuters)

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Thornburg’s $11 billion servicing portfolio up for sale (Reuters)

Reuters – The trustee for bankrupt U.S. mortgage lender Thornburg Mortgage Inc gained court approval on Friday to auction the company’s $11 billion mortgage servicing portfolio early next year. Read this article: Thornburg’s $11 billion servicing portfolio up for sale (Reuters) See more here: Thornburg’s $11 billion servicing portfolio up for …

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Cremated remains found in Atlanta-area storage (AP)

AP – A legal team that was seeking a bankrupt funeral home’s financial records instead made a macabre discovery: nearly 100 boxes of cremated remains, some dating back more than two decades, stashed in a suburban storage unit. Read this article: Cremated remains found in Atlanta-area storage (AP) See more here: …

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