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bankruptcy

Megabus Declares Bankruptcy

Coach USA, which owns Megabus lines connecting New York and New Jersey, filed for bankruptcy following a decline in ridership, with the company owing creditors between $100 and $500 million. What do you think?“Did they just squander the $3…

NRA Denied Bankruptcy Claim

A federal judge has blocked the National Rifle Association from filing for bankruptcy protection, ruling that it was a bad-faith attempt to fend off a lawsuit by the New York attorney general for financial abuses. What do you think?“Huh, I…

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