August 9, 2012
Residents around Sparrows Point filed suit Thursday against the owners of the Baltimore County steel mill and a cement plant on the peninsula, contending that neighbors' health has been put at risk and their property contaminated by pollution from industrial activities there. The suit, filed in Baltimore County Circuit Court, seeks damages from RG Steel and LaFarge North America for exposing surrounding residents to hazardous and carcinogenic air pollutants, a gritty dust called "kish" and "noxious stenches and odors.
July 17, 2012
A Delaware bankruptcy judge has allowed environmental groups to appeal RG Steel 's plan to limit its investigation of potential toxic contamination in the waters surrounding Sparrows Point. While bankruptcy filings normally put all litigation on hold, U.S. Bankruptcy Judge Kevin Carey granted a motion to pursue the appeal filed by the Chesapeake Bay Foundation , Blue Water Baltimore and the Baltimore Harbor Waterkeeper . The groups had challenged a Baltimore federal judge's approval of an agreement between RG Steel and federal and state regulators to sample for toxic contaminants no more than 50 feet offshore of the steel mill at Sparrows Point.
June 5, 2012
Are you saving more money than a Super Bowl champion? Jamal Lewis, the former Ravens running back, offered the nosy a look at his finances when he recently filed for Chapter 11 bankruptcy protection . For instance, he makes $35,000 in an average month and spends $34,050 of it, leaving him with $950 left over, according to court documents. You can see the full 75-page rundown here . Highlights: o His monthly mortgage costs, not including taxes and insurance: $6,000 o Monthly vehicle payments: $5,700 o Biggest monthly outflow by far: $18,000 for regular expenses from operating a business o Charitable contributions: $0 All told, Lewis tallies up about $14.5 million in assets and $10.6 million in liabilities.
February 4, 2012
As he often does, 97-year-old Dorsey Yearley sat on a bench with his cane in his lap outside the Giant store in the Rotunda in Hampden, people-watching on a Friday afternoon. "This is plenty convenient for us," said Yearley, who lives at Roland Park Place, one of two retirement communities across the street. But his cheerful tone turned mournful when told that one of his most reliable and essential destinations in the mall, the Giant Food store, is departing after 41 years and is relocating down the street to the Fresh & Green's store, formerly a Superfresh, in the Greenspring Tower Shopping Center.
April 1, 2011
Pimlico Race Course and Laurel Park lost a combined $20 million last year, according to new figures from the Maryland Jockey Club. Most of that loss came in the first four months of the year. State regulators Friday released unaudited results for that period, following a late Thursday release of audited financial information for May through December that showed a loss of just under $7 million for the two thoroughbred racing tracks. The tracks lost more than $14 million in 2009 and nearly $12 million in 2008, according to unaudited financial statements.
January 31, 2011
A Delaware judge confirmed Monday a reorganization plan by chemical maker W.R. Grace, a critical step for the Columbia company to emerge from bankruptcy. The plan, which was reviewed by Judge Judith Fitzgerald, would create two asbestos trusts to compensate personal-injury claimants and property owners. Asbestos-related lawsuits were a large part of why Grace filed for Chapter 11 protection in 2001. "She blessed the plan," said Peter A. Chapman, president of Bankruptcy Creditors' Service, which publishes newsletters about major corporate restructurings.