News

Verizon duped FairPoint, suit charges

A group of former FairPoint Communications creditors has filed suit against Verizon Communications, charging that the giant telecom is to blame for FairPoint's bankruptcy and continued financial troubles.The creditors have formed a litigation trust and filed a $2 billion fraudulent…

FairPoint names McHugh president

Patrick C. McHugh, FairPoint Communications' assistant general counsel in northern New England, has been named the company's New Hampshire state president.He succeeds Teresa Rosenberger, who stepped down from the post last month to return to her work at the Devine…

FairPoint suit seeks $6.2m from CLEC

FairPoint Communications is taking on the nation's biggest competitive local exchange carrier -- or CLEC -- in federal court, saying it is owed $6.2 million.On Monday, FairPoint's two subsidiaries (Vermont LLC and Northern New England Telephone Operations LLC ) filed…

Unitil on track for stronger 2011

Hampton-based Unitil Corp. posted a net loss of $1.6 million, or 15 cents a share, in its third quarter, thanks to expensing $2 million in costs due to the ice storm in 2008. But, according to the company's earnings report…

Daddy's customers look for answers

Customers of Daddy's Junky Music whose items were being repaired or who had made deposits on equipment are trying to figure out where they stand now that the New Hampshire-based chain of music equipment stores closed its doors abruptly Wednesday…

Future construction shows some life

The total dollar amount of future construction contracts in New Hampshire picked up somewhat in September, putting a stop to a troubling downward trend.According to industry information service McGraw Hill Construction, which collects the data, future construction contracts totaled $98.6…