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The Daily Docket: Thornburg Suit Can Proceed Against BarCap
Read the Daily Bankruptcy Review story here in The Wall Street Journal. A pair of lenders is throwing its weight against a bankruptcy loan that Dutch ship owner Marco Polo Seatrade BV insists is crucial to its business operations and restructuring
Updated: 09/13/2011 09:28A
Europe struggles to contain Greek debt crisis
“What we don't need is unrest in the finance markets — the uncertainties are already big enough.” Merkel suggested that even an orderly default could not come any time soon, noting there was not even a mechanism currently in place for a eurozone
Updated: 09/13/2011 09:27A
Greece, Europe struggle to contain crisis
"What we don't need is unrest in the finance markets — the uncertainties are already big enough." Merkel suggested that even an orderly default could not come any time soon, noting there was not even a mechanism currently in place for a eurozone
Updated: 09/13/2011 09:26A
Court date set in OSU embezzlement case
Bankruptcy court records show that Low and her husband filed for bankruptcy protection in June 2008. Prosecutors say the embezzlement began a month later. Low left her job in the university's Chemistry Department in February 2010.
Updated: 09/13/2011 09:22A
Consumer Bankruptcy Filings Among College Educated, High Income Earners on the
Neither a college education or high paying job is enough to protect consumers against filing for personal bankruptcy according to the, recently released, 2010 Annual Consumer Bankruptcy Demographics Report by the Institute for Financial Literacy,
Updated: 09/13/2011 09:19A
Greek bankruptcy worse than Lehman, says Trittin
certain an insolvency of the struggling Southern European country would have a more serious impact on developments on the global financial and stock markets than the bankruptcy of the US investment bank which kicked off the economic crisis in 2008.
Updated: 09/13/2011 09:19A
Canadian plans to buy Dallas Stars: source
The Dallas Stars plan to file for bankruptcy this week with a proposal for a quick sale to a Canadian businessman for about US$230-million, according to sources close to the talks.
Updated: 09/13/2011 09:17A
Help wanted (but debtors need not apply)
Bankruptcy Code section 525(b) provides that a private employer may not “terminate the employment of, or discriminate with respect to employment against” a person who is or has been in bankruptcy. Increasingly, Courts interpreting this provision have
Updated: 09/13/2011 09:16A
Get Ready for the Next Crash
That would feel like a replay of the financial crisis that followed the bankruptcy of Lehman Brothers in the fall of 2008. Only this time, the epicenter would be Europe instead of the United States, and the ripples would expand from the Eurozone
Updated: 09/13/2011 09:16A
New Jersey Devils Deny Bankruptcy Report
The New York Post reported Monday that the team defaulted on a $100 million loan payment that was due Sept. 1, opening the door for lenders to push the team into bankruptcy. The newspaper also reported that Devils ownership has a fractured relationship
Updated: 09/13/2011 09:16A
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