Bankruptcy

The Federal Bureau of Investigation is probing allegations that a Compton, Calif. deputy treasurer stole money from the city.

Debt-ridden Dowling College has filed for Chapter 11 bankruptcy with two of its Long Island properties now on the market in an effort to aide bondholders.

After more than four years, San Bernardino has a clear path to exit its Chapter 9 bankruptcy.

Federal civil rights investigation will delay Colorado’s proposed $1.7 billion P3 highway expansion project.

State and federal judges in Wisconsin approved final settlement agreements with Stifel and Royal Bank of Canada to conclude an eight-year effort by five school districts to recoup $200 million lost on a risky investment product.

The College of New Rochelle in New York's Westchester County is raising funds to keep its doors open in the face of mounting debt.

U.S. Bank N.A., the trustee for Oconee Regional Medical Center, notified bondholders Tuesday that the Georgia hospital defaulted on its Dec. 1 principal bond payment. It is the second default this year.

A bankruptcy judge will hear from last major holdout in the San Bernardino, Calif. bankruptcy case.

David Carrington, who was president of the commission that placed Jefferson County, Ala., into Chapter 9, said his experience presents an opportunity for him to consider running for governor.

The SEC, in a court filing on Tuesday, said former Miami budget director Michael Boudreaux's arguments against penalties the SEC wants to impose on him for securities fraud show a lack of responsibility and respect for the jury verdict that found him guilty.