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The Daily Docket: Union Moves to Force Saab Bankruptcy
Swedish labor union Unionen, representing about 1000 unpaid employees at troubled Swedish car maker Saab Automobile AB, submitted an application for Saab Automobile's bankruptcy Monday as its members still haven't received their
Updated: 09/12/2011 09:04A
Candidate Profile: Rick Ernst
Have you or a business you owned or had a principal interest in ever filed bankruptcy? As an adult, have you been convicted or charged with a crime other than a minor traffic violation? If so, please explain and include dates and locations.
Updated: 09/12/2011 09:03A
Kirkland's Labovitz Heads To Debevoise
Bankruptcy attorney M. Natasha Labovitz is leaving Kirkland & Ellis LLP to join Debevoise & Plimpton LLP, strengthening the latter firm's work in the debtor arena. Labovitz Monday will officially be added to Debevoise's roster as a
Updated: 09/12/2011 09:00A
Report: Devils In Danger Of Bankruptcy After Missed Loan Payment
The Devils' lenders have “a breakaway chance to push the team into bankruptcy” after the team missed their Sept. 1 loan payment, the New York Post reported on Monday. The Prudential Center in Newark, operated by Devils Arena Entertainment,
Updated: 09/12/2011 08:56A
US OPENING NEWS INCLUDING: China's implied oil demand in August slipped to the
However, SocGen's CEO downplayed the news, and ECB's Noyer said that French banks have no liquidity issues • German economy minister Roesler didn't rule out an orderly Greek bankruptcy. However, a German Economy Ministry spokesman said that instruments
Updated: 09/12/2011 08:54A
Sweden: Unionen to take bankruptcy action against Saab
Swedish white-collar trade union Unionen has confirmed it will initiate bankruptcy action against Saab Automobile to secure payments to its members, who still haven't received their August salaries. T... If this article is of interest to you it is
Updated: 09/12/2011 08:51A
Saab owner Swedish Automobile signs agreement with Chinese
Swedish Automobile, owner of Swedish car maker Saab, announced on Monday it has signed an agreement for the licensing of technology to the Chinese car company Youngman. The news comes five days after Swedish Automobile, previously known as Spyker,
Updated: 09/12/2011 08:42A
Greek Default Fears Push Bank Stocks Down On Signs Of Division
Senior German politicians have suggested publicly in recent days that an orderly bankruptcy of Greece may be part of a solution to the country's problems. The notion, which has been a taboo so far in Europe's handling of the crisis,
Updated: 09/12/2011 08:40A
Saab faces unions' bankruptcy action
Last week, Saab's application for protection from its creditors to help it avoid bankruptcy was rejected by a Swedish court. At the time, unions said they could demand that Saab be declared bankrupt. Saab has been trying unsuccessfully to get new
Updated: 09/12/2011 08:35A
Junior noteholders fail to halt CDO bankruptcy
The US Bankruptcy Court for the District of New Jersey recently denied a junior noteholder's motion to dismiss an involuntary chapter 11 case commenced against ZING VII, a CDO-squared. According to a client memo from Willkie, Farr & Gallagher,
Updated: 09/12/2011 08:15A
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