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.
May 29, 2009
They were still buying General Motors shares on Thursday, as if the company deserved its space in the Dow Jones Industrial Average. GM stock dipped 3 cents to $1.12 on Thursday after rising more than a dime earlier. If this column were owned by the financial wires, it would assign glib and dubious causes to GM's blip. Europe eyes new GM bailouts! A few creditors agreed to a revised restructuring plan! There are no reasons to buy GM stock, however, except nostalgia and the cool picture of cars and smokestacks on the certificate.
May 1, 2009
One hundred days into his presidency, do you think President Barack Obama is doing a good job? (1,185 votes; results are not scientific) NEXT poll Would you be less likely to buy a car from a company that was in bankruptcy proceedings? Cast your vote at baltimoresun.com/vote
September 13, 2005
Delta Air Lines Inc., which is said to be on the brink of filing for bankruptcy protection, asked its pilots for a second round of wage and benefit cuts late yesterday, according to the Air Line Pilots Association. The move came as Northwest Airlines Corp., which is seeking more cuts from employees to try to fend off its own bankruptcy filing, considered giving permanent jobs to some substitute mechanics starting today. Delta's request for cuts was disclosed in a message that the pilots union put on its phone line, addressed to its 6,500 members.