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Tag Archives: bankruptcies

Ryan's team wins Texas Rangers

FORT WORTH, Texas — An investment group led by Hall of Fame pitcher and Texas Rangers president Nolan Ryan won a contentious and unusual auction for the team early today, beating back a nearly $600-million offer from outspoken Dallas Mavericks owner Mark Cuban. Officials in federal bankruptcy court announced the winning bid to cheers and a standing ovation in the ...

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Judge approves sale of bankrupt company

NATCHEZ — A U.S. Bankruptcy Court has approved the $8.2 million sale of pulp recycler Mississippi River Corp. to a Minnesota firm that registered Monday with the Mississippi Secretary of State. The Natchez Democrat reports that the buyer, Mississippi River Pulp LLC, has one listed officer: Wayzata Investments Partners LLC of Wayzata, Minn. A bankruptcy court order states that the ...

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State's bankruptcies soar

ACROSS MISSISSIPPI — The 12 months of the worst part of the national recession translated into sharply higher numbers of Mississippi residents and businesses filing for federal bankruptcy after losing track of debt in the face of increased joblessness, The Associated Press reports. According to the Administrative Office of the United States Courts, 14,454 individual and business bankruptcies were filed ...

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