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Greece faces second bail-out call
Greece promised further cuts to its bloated public sector on Tuesday before a second conference call with its international lenders, whom Athens must convince to extend more loans to avoid bankruptcy next month. Anger over austerity among ordinary
Updated: 09/20/2011 11:55A

Alabama Lawmaker Vows Death for Jefferson County Debt Deal
The cost of averting a record municipal bankruptcy would be “inhumane,” Rogers said in a phone interview yesterday, and the 70-year-old Democrat vowed to stop it in the Alabama Legislature however he can. Rogers said he would draw on influence gained
Updated: 09/20/2011 11:52A

Leeds property tycoon Simon Morris 'hired 21-stone bodyguard to avenge
A YORKSHIRE property mogul facing bankruptcy over creditors' claims totalling £3.5m ordered a 21½-stone bodyguard to intimidate a former business partner into repaying a £100000 loan, a blackmail trial heard today.
Updated: 09/20/2011 11:49A

The Art of the Buy-Sell Agreement in Joint Ventures
Unforeseen events, such as a bankruptcy or death could lead to costly disputes. A buy sell agreement, which allows one party to buy the membership interest of the other party, could help curtail such disputes and should be considered when forming a
Updated: 09/20/2011 11:49A

What to do if unemployment leaves you unable to pay debt
If you are in the unfortunate position where you are unable to find a new job and really start to struggle with the debt that you owe, then you could consider the option of bankruptcy. Clearly bankruptcy is a serious step to take and should not be
Updated: 09/20/2011 11:47A

Yukos wins partial victory over Russia in European court
A European court handed a partial victory to former managers of Yukos Oil Co., ruling that Russia had violated the company's rights while rejecting a political motivation behind tax claims that led to its bankruptcy. Russia infringed on the company's
Updated: 09/20/2011 11:46A

Elcoteq Network S.A. Files For Bankruptcy
(RTTNews) - Elcoteq SE announced that its subsidiary, Elcoteq Network SA, filed for bankruptcy. Elcoteq noted that Elcoteq Network SA's payment transactions have been blocked as a consequence of the revolving credit facility lenders' continued
Updated: 09/20/2011 11:45A

Alabama Lawmaker Vows to Kill Jefferson County Deal
The cost of averting a record municipal bankruptcy would be “inhumane,” Rogers said in a phone interview yesterday, and the 70-year-old Democrat vowed to stop it in the Alabama Legislature however he can. Rogers said he would draw on influence gained
Updated: 09/20/2011 11:40A

ELCOTEQ : Network SA files for bankruptcy - parent to continue controlled
Elcoteq SE's subsidiary, Elcoteq Network SA,which has been in charge ofthe group's material purchases and customer invoicing in Europe, has today filed for bankruptcy. Elcoteq Network SA's payment transactions have been blocked as a consequence of the
Updated: 09/20/2011 11:39A

Greece vows to cut state jobs before lenders phone call
ATHENS (Reuters) - Greece promised further cuts to its bloated public sector on Tuesday before a second conference call with its international lenders, whom Athens must persuade to extend more loans to avoid bankruptcy next month.
Updated: 09/20/2011 11:38A

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