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Top News & Analysis Delaware

  • March 20- Westinghouse Electric Co LLC, the nuclear power plant developer owned by Japanese electronics company Toshiba Corp, is taking offers for a financing package to help it go through U.S. bankruptcy, people familiar with the matter said on Monday. Should it file for bankruptcy, the money would allow Westinghouse to continue to pay employees and build four...

  • The complaints filed in Columbus and Cleveland say the law prohibits cities from effectively managing where wireless facilities are placed in communities by undermining their local control, known as Home Rule rights. "Ohio municipalities embrace the rapid deployment of small cell technology for our residents and businesses," Dana McDaniel, city manager in...

  • MIAMI/ MOSCOW, March 17- During the 2016 presidential campaign, Donald J. Trump downplayed his business ties with Russia. I can tell you, speaking for myself, I own nothing in Russia, President Trump said at a news conference last month. I have no loans in Russia.

  • March 16- A U.S. bankruptcy judge said on Thursday he would approve a plan by Peabody Energy Corp, the world's largest private sector coal producer, to exit Chapter 11 bankruptcy subject to discussions with the U.S. Department of Justice.

  • Those investors- who said in court filings that they own between 5 and 7 percent of the unsecured bonds- will argue in U.S. Bankruptcy Court in St. Louis that Peabody's reorganization plan should be rejected because it violates a bankruptcy statute requiring equal treatment for owners of the same securities. "This is absolutely theft from a small group of people...

  • NEW YORK/ TOKYO, March 9- U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said the nuclear engineering company had brought in law firm Weil Gotshal&...

  • NEW YORK/ TOKYO, March 9- U.S. nuclear firm Westinghouse Electric Co LLC has hired bankruptcy attorneys, in a sign that owner Toshiba Corp is more seriously weighing a Chapter 11 filing as an option to help it rein in a multibillion dollar financial maelstrom. People familiar with the matter said Toshiba had hired law firm Weil Gotshal& Manges LLP as an exploratory...

  • March 8- U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.. The Chapter 11 filing comes after RadioShack, owned by General Wireless Operations Inc, tried to revitalize its...

  • March 8- U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.. The Chapter 11 filing comes after RadioShack, owned by General Wireless Operations Inc, tried to revitalize its...

  • March 8- U.S. electronics chain RadioShack Corp filed for bankruptcy on Wednesday for the second time in a little over two years, faced with a challenging retail environment and an unsatisfying partnership with wireless provider Sprint Corp.. General Wireless, an affiliate of hedge fund Standard General LP that acquired the RadioShack brand in 2015, filed...

  • March 8- General Wireless Operations Inc, which acquired the RadioShack brand in 2015, said on Wednesday it has filed for bankruptcy protection. General Wireless, an affiliate of hedge fund Standard General LP, filed for a Chapter 11 reorganization and listed assets and liabilities in the range of 100 million to 500 million in the U.S. bankruptcy court for the...

  • BANKRUPTCY COURT FOR DISTRICT OF DELAWARE- COURT FILING.

  • March 8- Westinghouse Electric Co LLC, the U.S. nuclear power plant developer owned by troubled Japanese electronics giant Toshiba Corp, has brought in bankruptcy attorneys from law firm Weil Gotshal& Manges LLP, people familiar with the matter said on Wednesday. A Westinghouse spokeswoman declined to comment on Weil's role, but said that Westinghouse has...

  • Pack of Wolves

    The question posed was, "Who Bleeds When the Wolves Bite?" A judge in Delaware provided the answer.

  • WASHINGTON, March 1- Connecticut said on Wednesday it had no plans to drop its opposition to health insurer Anthem Inc's proposed purchase of rival Cigna Corp, even if the U.S. Justice Department decides to settle with the companies. Anthem, which lost a district court fight brought by the Justice Department and 11 states, has kept pressing its bid to buy Cigna by...

  • WASHINGTON, Feb 28- President Donald Trump told Congress on Tuesday he was open to immigration reform, shifting from his harsh rhetoric on illegal immigration in a speech that offered a more restrained tone than his election campaign and first month in the White House. He said it was possible if both Republicans and Democrats in Congress were willing to...

  • The executive order will kick off what could be a lengthy process to undo the Waters of the United States or WOTUS rule, finalized by the Environmental Protection Agency and the U.S. Army Corps of Engineers in 2015 to clarify which bodies of water are covered by the Clean Water Act. "A few years ago the EPA decided that navigable waters can mean nearly every puddle or...

  • Trump's executive order directs the Justice Department to ask a federal court to put legal challenges to the rule on hold as the administration conducts its review, a senior official said. The order, which the White House did not immediately make public, will kick off what will likely be a lengthy process to undo the Waters of the United States rule, finalized by...

  • Feb 23- Cigna Corp said Chief Financial Officer Thomas McCarthy will retire this summer, a week after the health insurer's $54 billion deal to be acquired by Anthem Inc was blocked by the U.S. Justice Department. Michael Triplet, Alan Muney and Christopher Hocevar will join the team immediately, the company said. Cigna had notified Anthem that it had ended the deal...

  • SAN FRANCISCO, Feb 17- The state of Delaware will sell $225 million of general obligation bonds on Feb. 23, the largest offer in a trading week shortened by the Presidents Day holiday on Monday. The subdued level of supply is in line with the low-volume trend that began at the outset of the month, according to Alan Schankel, managing director and municipal strategist...