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New owners for A-League's Wellington Phoenix
Football Federation Australia (FFA) confirmed property tycoon Terry Serepisos, who has debts of more than NZ$200 million ($158 million) and is striving to fend off bankruptcy, no longer owned the club. FFA chief executive Ben Buckley said Serepisos had
Updated: 09/22/2011 09:50P
Judge drops some claims against Madoff relatives
NEW YORK, Sept 22 (Reuters) - A federal bankruptcy judge has dismissed portions of a $199 million lawsuit against close relatives of convicted Ponzi schemer Bernard Madoff, but said a trustee seeking restitution for the swindler's
Updated: 09/22/2011 09:46P
No Bond for Indicted Ex-Trooper
Benjamin Richardson did attend a hearing stemming from his charges of one count of wire fraud conspiracy, four counts of wire fraud, one count of false statements in bankruptcy, one count of false oaths in bankruptcy and one count of witness tampering.
Updated: 09/22/2011 08:51P
Is former Canyon County prosecutor John Bujak running again?
Also on Wednesday, Bujak filed a waiver of discharge in his bankruptcy case. The waiver shows an intent to pay back creditors rather than clear his debt through bankruptcy, the newspaper reported. Bujak resigned last fall and filed for bankruptcy after
Updated: 09/22/2011 08:50P
Blackstone debt-deal interest year's highest
Blackstone Group is offering the highest interest seen on a loan this year if lenders agree to swap debt in Travelport Ltd. for longer-dated obligations, or else it may put the parent of the second-largest travel-reservation system provider into
Updated: 09/22/2011 08:46P
US solar company outsourced business to Asia
31 and filed for bankruptcy protection earlier this month, reporting debts of $783.8 million and assets of $859 million as of Jan. 1, according to papers filed in US Bankruptcy Court in Wilmington, Del. Chief financial officer WG Stover in court
Updated: 09/22/2011 08:22P
US solar company tied to Asian supplies
31 and filed for bankruptcy protection this month, reporting debts of $783.8 million and assets of $859 million as of Jan. 1, according to papers filed in US Bankruptcy Court in Wilmington, Del. Chief Financial Officer WG Stover in court documents
Updated: 09/22/2011 08:22P
Judge dismisses part of lawsuit against Madoff relatives
US Bankruptcy Judge Burton Lifland said parts of the complaint filed by trustee Irving Picard are "opaque" and lack detail about some of the transactions he cites in suing Madoff's brother Peter, his son Andrew, the estate of his other son Mark,
Updated: 09/22/2011 08:20P
Big Firms Seek Dismissal of $2B Civil Fraud Suit
In a filing Tuesday in US Bankruptcy Court in Baltimore, the banks asked Judge Duncan W. Keir to throw out the lawsuit filed by the trustee overseeing the liquidation of Thornburg Mortgage Inc. Among the other banks seeking dismissal of the suit are
Updated: 09/22/2011 08:20P
Latest News: US solar company outsourced business to Asia
31 and filed for bankruptcy protection earlier this month, reporting debts of $783.8 million and assets of $859 million as of Jan. 1, according to papers filed in US Bankruptcy Court in Wilmington, Del. Chief financial officer WG Stover in court
Updated: 09/22/2011 08:19P
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