New Hampshire Business Review August-24 2012

7 businesses file as Aug. bankruptcies fall

Bob Sanders,

After a brief plateau in July, New Hampshire bankruptcy filings fell in August to below 300 -- a level not seen since 1998.In August, some 296 households and businesses filed for bankruptcy protection. That's 12 percent lower than July and…

July foreclosures drop; hit low for 2012

Kathleen Callahan,

Fewer foreclosure deeds were recorded in New Hampshire in July than any other month so far this year, but more were recorded in 2012 than in the same month in 2011.There were 269 foreclosure deeds recorded in the state in…

Epsom Montessori school files for bankruptcy

Bob Sanders,

Pathfinders Academy, a private Montessori school in Epsom owned by a Free State Project sympathizer, filed for bankruptcy protection Aug. 27 in U.S. Bankruptcy Court in Manchester. The academy's owner, Wayne Anderson of Manchester, also filed on behalf of Pathfinder…

Bottomline's latest acquisition is OKd

Bob Sanders,

Bottomline Technologies has won regulatory approval to acquire Albany Software Ltd. for about $32 million, the latest in a series of acquisitions by the Portsmouth company as it expands its financial services business. The company said the deal - first…

Research grants open to N.H. companies

NH Business Review Staff,

The New Hampshire Innovation Research Center at the University of New Hampshire is soliciting letters of intent from New Hampshire companies to conduct research at New Hampshire-based colleges and universities that leads to increased competitiveness, profitability and new jobs. A…

N.H. future construction contracts rebound in July

Jeff Feingold,

There were substantial increases in anticipated projects in both the New Hampshire nonresidential and nonbuilding sectors, with a somewhat modest decrease in residential construction.

GTAT shareholders OK execs' pay, but not overwhelmingly

Bob Sanders,

GT Advanced Technologies' shareholders approved the executive pay of its top officers.

FairPoint to challenge municipalities' telephone pole assessments

Bob Sanders,

FairPoint Communications says that New Hampshire municipalities are not assessing its telephone poles fairly - assessments can range from as low as $277 to as high as $587 a pole -- but one assessor points out that it's the utility's…

USA Springs auction remains on schedule

Bob Sanders,

USA Springs assets are up for auction again, with the same Sept. 14 bid deadline and the same scheduled Sept. 28 auction date. On Aug. 16, the U.S. Bankruptcy Court said the would continue on the same schedule that was…