News

FRM trustee seeks another $330k in fees

The trustee in the Financial Mortgage Resources Inc. bankruptcy has asked for nearly $330,000 in fees and expenses, which, if granted, would bring the reimbursement of his Nashua-based firm, Donchess & Notinger, to more than $1 million in the complex…

Kingsbury files for Chapter 11

Machine tool maker Kingsbury Corp. of Keene, at one time one of the largest employers in the Monadnock Region, has filed for Chapter 11 bankruptcy.The company filed for protection on Sept. 30 after reaching agreement with Diamond Business Credit LLC…

Judge OKs GT class action deal

A federal judge last week gave final approval to a $10.5 million class action settlement in a case involving shareholders of the former GT Solar International, now GT Advanced Technologies.The settlement, which had originally been reached in March, gives those…

Ezenia files for bankruptcy

Ezenia, a publicly traded software company based in Nashua, filed for Chapter 11 bankruptcy reorganization Sept. 30, shortly after filing with the Securities and Exchange Commission to deregister its common stock, which on Monday plummeted to a penny a share."It…

'Winning Strategies' forum for managers set

Registration is now open for a one-day conference on leadership and management strategies, to be held Friday, Nov. 4, at the University of New Hampshire in Durham.Presented by UNH Professional Development and Training, the conference is designed for managers, supervisors,…

U.S. reconsiders ESOP regulation

The U.S. Department of Labor is reconsidering a proposed rule that critics said would have been hurt employee stock ownership plans.According to U.S. Sen. Kelly Ayotte, R-N.H., the department announced last week it is reconsidering the rule, which she said…

Federal grant to aid N.H. exporters

New Hampshire will receive a nearly $300,000 grant aimed at helping small businesses in the state increase their exports by reaching new markets.The funding comes from the U.S. Small Business Administration's State Trade Export Promotion (STEP) grant program, which was…