Saturday, November 13, 2010

Parent of failed K Bank files for Chapter 7 bankruptcy in city

Parent of failed K Bank files for Chapter 7 bankruptcy in city
K Bank was closed by regulators, deposits sold to M&T The parent of K Bank, which became the latest Maryland bank to fail amid the real estate crisis, has filed for Chapter 7 bankruptcy.
Read more on Baltimore Sun


Tribune Co. bankruptcy judge approves million in executive bonuses
To overcome objections, the media company agrees to withhold payments for five top executives identified as potential defendants in the legal battle over its 2007 leveraged buyout. The judge in Tribune Co.'s bankruptcy case on Wednesday approved more than $ 40 million in 2010 incentive bonuses for 635 of the media company's operating

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