Category Archives: Baltimore
According to the Associated Press, W.R. Grace, a Maryland-based chemical company forced into bankruptcy because of asbestos-related lawsuits, has emerged from Chapter 11 protection. The AP reported that the company posted on its website last week that its reorganization plan had gone into effect. The company filed for bankruptcy in 2001. Grace employs more than 6,500 people nationally and more than 1,000 people in Maryland, and has offices in Baltimore and Columbia. The company also operates a major manufacturing facility in Curtis Bay, as well as its headquarters and a research-and-development facility at its Columbia campus, according to the AP. According to the Baltimore Sun, the company’s joint plan of reorganization went into effect on February 3, establishing two trusts that will award more than $4 billion to personal injury claimants and property owners. “It has been expected perhaps for longer than we would want, but nonetheless we’re very pleased…
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According to the Baltimore Sun, city council member Robert W. Curran filed for personal bankruptcy in June. Curran said the filing was necessary to save his home in Northeast Baltimore from foreclosure. “Just because I am in elected government doesn’t mean me and my wife are immune,” Curran told the Sun. “Folks file for bankruptcy. You live beyond your means sometimes. … We’re making the payments, and we’re moving on with our lives.” Curran, 63, filed for Chapter 13 bankruptcy, which will allow him to keep his property while working on a repayment plan with creditors for debts like credit card debt, auto loans and medical bills. Curran said his plan is to repay his debt “dollar for dollar”. In his bankruptcy filing, Curran declared about $224,000 in liabilities and about $162,000 in assets. Curran is the son of the late city council member J. Joseph Curran. His brother, Joseph…
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[map id=”map1″ w=”375″ h=”375″ address=”Baltimore, MD” marker=”no” z=”14″] Baltimore is the largest city in Maryland and the 24th largest city in the United States. It is located along the Patapsco River, an arm of the Chesapeake Bay. The city is independent and often referred to as Baltimore City to distinguish it from Baltimore County. Baltimore had a population of 621,342 as of July 1, 2012. The Baltimore Metropolitan Area has approximately 2.7 million residents in 2010 and is the 20th largest metropolis in the country. Baltimore is the home of several professional sports teams including the Baltimore Orioles and the Baltimore Ravens. Prominent citizens of Baltimore have included writers Edgar Allan Poe and H.L. Mencken, musician James “Eubie” Blake and singer Billie Holiday. The city of Baltimore is divided into nine geographical regions: Northern, Northwestern, Northeastern, Western, Central, Eastern, Southern, Southwestern, and Southeastern, which are patrolled by the Baltimore Police Department….
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