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Greece in talks with IMF, EU
Greek Finance Minister Evangelos Venizelos held a conference call late on Monday with the heads of mission from the EU, IMF and European Central Bank to hammer out a response to serious slippage from agreed budget targets. "(In) the conference call
Updated: 09/19/2011 04:35P
Greece warned bailout hangs in the balance
Greek Finance Minister Evangelos Venizelos held a conference call late on Monday with the heads of mission from the EU, IMF and European Central Bank to hammer out a response to serious slippage from agreed budget targets. "(In) the conference call
Updated: 09/19/2011 04:31P
ABQ Studios emerges from bankruptcy debt-free
Workers Realty Trust, the subordinated lender, had sought to force a change in the studios' management through a foreclosure action in the course of the bankruptcy proceedings. LongView Funds are a diversified group of investment strategies offered
Updated: 09/19/2011 04:30P
Chrysler Said to Push for Signing Bonuses Around $3500 for UAW
Chrysler wants the signing bonus to be about $3500, said the people, who asked not to be identified because the negotiations are private. Detroit-based GM agreed to pay $5000 to each UAW member after the accord is ratified, two people familiar with the
Updated: 09/19/2011 04:30P
Greece to avoid default in short-term: bank
Greece will avoid bankruptcy for the rest of the year thanks to the release of fresh bailout funds, Morgan Stanley economists predicted Monday. But they also said that the more broad deterioration in economic conditions means Athens will face a longer
Updated: 09/19/2011 04:22P
B of A Should Put Countrywide in Bankruptcy
The alternatives to achieve a speedy resolution are very limited but some have suggested that placing Countrywide in bankruptcy could ring-fence the potential costs and offer more leverage in resolving the claims. Such action could also provide greater
Updated: 09/19/2011 04:16P
Saab Bankruptcy Hearing Approaching
A Swedish court has recently given the carmaker the right to appeal a previous rulling in which a lower court denied the automotive producer's request for bankruptcy protection, stating that a reorganization would not work.
Updated: 09/19/2011 04:12P
Forged signature, bankruptcy fraud result in prison sentences for two men
An Alabama man faces 10 months in prison for forging a bankruptcy judge's signature on a document used in his child support case. An Alabama man faces 10 months in prison for forging a bankruptcy judge's signature on a document used
Updated: 09/19/2011 04:07P
Dallas Stars' Price Tag: $265 Million and Rising?
Chuck Greenberg, who doggedly pursued the Texas Rangers baseball team through a bankruptcy-court auction last year, announced Monday via his attorney that he is eyeing the Stars. A bidding war between Greenberg and Stars lead bidder Tom Gaglardi could
Updated: 09/19/2011 04:05P
Shearman & Sterling LLP | Shearman & Sterling Represents Provo Craft & Novelty
The Shearman & Sterling team included partners Douglas Bartner (New York-Bankruptcy & Reorganization), Robert Katz (New York-Mergers & Acquisitions), Don Lonczak (Washington, DC-Tax), and Steven Sherman (New York-Finance); counsel Jill Frizzley (New
Updated: 09/19/2011 04:04P
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