RCN Outlines Bankruptcy
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RCN Inc., co-owner of Starpower Communications LLC, the Washington area television, telephone and Internet provider, filed a plan of reorganization yesterday that it said puts the company on track to emerge from bankruptcy by the end of the year.
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Royal Bank of Scotland , the British bank trying to lead a takeover of Dutch rival ABN AMRO, said it expects its UK bad debts to fall in the first half of this year to help it beat forecasts for underlying earnings.
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Executives urged to quit over risks that took lender to the brink of collapse.
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Three of the nation's largest airlines could be operating under bankruptcy protection in coming weeks, analysts say, the latest sign of the industry's upheaval as it lurches through a  transformation.
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An examiner reviewing the 2005 bankruptcy of Refco said that two law firms and two accounting firms could be sued in connection with the firmâs collapse.
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RCN Inc., co-owner of Starpower Communications LLC, the Washington area television, telephone and Internet provider, filed a plan of reorganization Monday that it said puts the company on track to emerge from bankruptcy by the end of the year. -The Washington Post
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Business & money: 53,114 people petitioned to go bankrupt in 2007 after being unable to keep up with their debts
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Vibe Solutions Group, a leading provider of rich-media consumer  broadband services, announced today that RCN Corporation has launched  RCN Journal, a next generation web page solution powered by the Vibe  Journal platform.
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Business & money: Spending binge looks likely to be followed by a big rise in personal insolvencies and falling house prices
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Text of report by Russian Ekho Moskvy radio on 6 September  The Russian Television and Radio Broadcasting Network [RTRS] is on the verge of bankruptcy. Culture Minister Aleksandr Sokolov made this worrying statement in the State Duma today.
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Embattled Russian oil giant Yukos has launched bankruptcy proceedings in a Houston, Texas court, the company has said. Claire Davidson, a spokeswoman for the company in London, did
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RCN Corp., the upstart telecommunications provider that has sought to battle giants like Comcast Corp. and Verizon Communications Inc.
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Citing losses that could exceed 80 percent in one of its hedge funds, the Australian firm Basis Capital Fund Management filed for bankruptcy protection on Wednesday.
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The Roman Catholic Diocese of Tucson,  faced with possible multimillion-dollar legal verdicts from sex  abuse cases pending against its clergy, filed for bankruptcy  protection on Monday, a church official said.
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Credit card issuer warns of weak spending and increasing delinquencies.
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More and more Swiss companies and individuals are facing the prospect of bankruptcy, according to figures published on Wednesday.
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By becoming only the third diocese nationally to seek shelter in bankruptcy court, the Roman Catholic Diocese of Spokane is hoping the court will help provide a clearer picture of its financial liability in mounting sex-abuse lawsuits and goad its