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District Judge Takes Madoff Trustee Suit Against ABN Amro Unit
a unit of ABN Amro Bank NV, according to a court filing today. The Dutch bank asked the judge to take over its case, filed in bankruptcy court by Madoff trustee Irving Picard, citing a higher court's ruling on limits to the power of bankruptcy judges.
Updated: 10/11/2011 12:45P
Ben Gordon's departure signals a radical rebirth for Mothercare
When Ben Gordon was parachuted into Mothercare in 2002 the maternity and babywear chain was in disarray: the shelves were empty, the brand damaged and the business was close to bankruptcy. By Richard Fletcher The subsequent turnaround by Gordon was,
Updated: 10/11/2011 12:42P
Dodgers Ticket Holders, Sinatra Heirs Back MLB on Sale of Los Angeles Team
The self-named Ad Hoc Committee of Season Ticket Holders asked US Bankruptcy Judge Kevin Gross today to approve Selig's motion to strip team owner Frank McCourt of exclusive control of the Dodgers' bankruptcy case. The team's bankruptcy “appears to be
Updated: 10/11/2011 12:31P
Insight: New bankruptcy ripples may emerge
The weak economy, lackluster consumer spending, a shaky junk-bond market and increasingly tight lending practices are also threatening struggling companies in industries as diverse as shipping, tourism, media, energy and real estate.
Updated: 10/11/2011 12:30P
Belkin business files for bankruptcy
In a delicious twist, one of the former owners of the Atlanta Hawks who fought hard against one of the contracts responsible for the current lockout has seen his current company file for bankruptcy. Steve Belkin, who was nominally one of the Hawks'
Updated: 10/11/2011 12:29P
MLB accepts Dodgers attorneys
Attorneys for Major League Baseball are no longer trying to disqualify attorneys representing the Los Angeles Dodgers in the team's bankruptcy case. In a stipulation filed this week in advance of a Wednesday hearing, league attorneys said they were
Updated: 10/11/2011 12:26P
Five Cancers Most Likely To Push You Over The Edge Financially
Cancer often takes a heavy toll not only on people's bodies but on their finances as well. And just as some types of cancer are more deadly than others, some types cause more financial pain, as recent research from Seattle's Fred
Updated: 10/11/2011 12:25P
Evergreen plants to be auctioned
Hilco Industrial said in a statement yesterday that it had been appointed by the US Bankruptcy Court to take bids on the Evergreen facilities in Devens and Midland, Mich., including all related assets housed in the plants. The solar-energy company
Updated: 10/11/2011 12:24P
BASEBALL: MLB ends effort to disqualify Dodgers attorneys
Attorneys for Major League Baseball are no longer trying to disqualify attorneys representing the Los Angeles Dodgers in the team's bankruptcy case. In a stipulation filed this week in advance of a Wednesday hearing, league attorneys said they were
Updated: 10/11/2011 12:18P
MLB ends effort to disqualify Dodgers attorneys
AP Business Writer Attorneys for Major League Baseball are no longer trying to disqualify attorneys representing the Los Angeles Dodgers in the team's bankruptcy case. In a stipulation filed this week in advance of a Wednesday hearing,
Updated: 10/11/2011 12:18P