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Credit Suisse, Jefferies, JPMorgan, Hynix in Court News
It has been “settled law” since the 1970s that a bankruptcy trustee cannot assert claims belonging to creditors, JPMorgan said in a Sept. 16 filing in US District Court in Manhattan. Trustee Irving H. Picard defended his lawsuit against the
Updated: 09/20/2011 08:59A
After a massive security breach - DigiNotar files for bankruptcy
DigiNotar, the Dutch Certificate Authority (CA) that suffered a massive security breach, resulting in nearly 300000 Iranians being compromised, has filed for bankruptcy. The voluntary petition was granted on Tuesday
Updated: 09/20/2011 08:57A
Alma Tour suspends operations
Tour operator Alma Tour has announced that it is temporarily suspending operations, Bulgarian-language daily Dnevnik said on September 20 2011, after earlier unconfirmed reports said that all companies in the Alma Tour were declaring bankruptcy.
Updated: 09/20/2011 08:51A
#DigiNotar declared bankrupt
In a statement by its parent VASCO Data Security, it said that a bankruptcy trustee and a bankruptcy judge have been appointed to manage all affairs of DigiNotar as it proceeds through the bankruptcy process. This is effective as of the beginning of
Updated: 09/20/2011 08:51A
IF Metall union to call for Saab bankruptcy
IF Metall said it would hand in the bankruptcy application to the court at 1300 GMT, joining two white-collar unions at Saab that have already made the same move. "This is a very painful decision, but we have to secure our members' wage claims and so
Updated: 09/20/2011 08:51A
Blockbuster's Next Hit: 'A Stream Come True'
The movie rental company, which was bought out of bankruptcy in April by Dish Network(DISH), will host a press conference that overtly hints at an announcement regarding introducing its own streaming video service. At the conference, which will take
Updated: 09/20/2011 08:50A
Vasco announces Diginotar bankruptcy
"We want to emphasise that the bankruptcy filing by DigiNotar, which was primarily a certificate authority, does not involve VASCO's core two-factor authentication business," he said. "While we do not plan to re-enter the certificate authority business
Updated: 09/20/2011 08:49A
DigiNotar files for bankruptcy following hack attack
Dutch certificate authority DigiNotar, the company hit by a cyber attack that caused fraudulent SSL certificates to be leaked into the wild, has filed for bankruptcy. The hack was discovered
Updated: 09/20/2011 08:45A
Jane Hartley and Ralph Schlosstein Host Obama Fundraiser
Jane Hartley and Ralph Schlosstein, CEO of Evercore Partners, the hedge fund that advised General Motors during its bankruptcy and subsequent bailout, hosted a Park Avenue fundraiser in their home Monday night for President Barack Obama,
Updated: 09/20/2011 08:43A
DigiNotar files for bankruptcy
After having its SSL and EVSSL certificates deemed untrustworthy by the most popular browsers, VASCO announced that DigiNotar, filed a voluntary bankruptcy petition and was declared bankrupt today. This is unsurprising, since a report issued by
Updated: 09/20/2011 08:25A
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