Nation Briefs

 
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Published: November 29, 2009

NATION

Bankruptcies increase
WASHINGTON — Bankruptcy filings in federal courts jumped by more than one-third this year, as businesses and individuals struggled to regain their footing in a weakened economy. Numbers from the Administrative Office of the U.S. Courts show about 1.4 million bankruptcy cases were filed this fiscal year. That’s up 34.5 percent compared with the more than 1 million cases filed last year. The bankruptcy figures cover a period from Oct. 1, 2008, to Sept. 30. Filings under Chapters 7, 11, 12 and 13 all rose — particularly filings for Chapter 11 protection, which increased 68 percent. Overall, business filings were up 52 percent, while nonbusiness filings rose by 34 percent.

photo - The Holy Shroud, a 14-foot-long linen revered by some as the burial cloth of Jesus, is shown at the Cathedral of Turin, Italy. A Vatican researcher claims a nearly invisible text on the Shroud of Turin proves the authenticity of the artifact. The claim made in a new book by historian Barbara Frale drew immediate skepticism from some scientists, who maintain the shroud is a medieval forgery.  AP Photo
The Holy Shroud, a 14-foot-long linen revered by some as the burial cloth of Jesus, is shown at the Cathedral of Turin, Italy. A Vatican researcher claims a nearly invisible text on the Shroud of Turin proves the authenticity of the artifact. The claim made in a new book by historian Barbara Frale drew immediate skepticism from some scientists, who maintain the shroud is a medieval forgery. AP Photo

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