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Dynegy Bankruptcy May Appeal More Than Swap: Corporate Finance
7 report that it assigned Dynegy a corporate family rating of Caa3, while Standard & Poor's gives it a CC, meaning a borrower is "currently highly vulnerable to nonpayment." "The new board and management team appear to be pursuing a strategy that seeks
Updated: 10/17/2011 09:48A
Report: McCourts reach divorce settlement
Entertainment News from AP Entertainment News from AP AP Sports News Video More>> LOS ANGELES (AP) - Frank and Jamie McCourt may have reached a divorce settlement giving him control of the Los Angeles Dodgers.
Updated: 10/17/2011 09:44A
The Daily Docket: Lehman Trustee Say RBS Must Pay Up
Read the Daily Bankruptcy Review story here. Subsidiaries of Security National Master Holding Co., which buys and services loans and also invests in commercial real estate, sought Chapter 11 protection in Delaware. Read the Daily Bankruptcy Review
Updated: 10/17/2011 09:43A
Bloomberg Brief Launches Seven Specialty Newsletters
The newsletters draw upon information from the Bloomberg Professional service, the leading platform used globally by more than 310000 business and financial professionals. "We are hearing overwhelmingly positive feedback from our readers," said Ted
Updated: 10/17/2011 09:34A
Approval for sale of Drumm's Cape Cod home
US Bankruptcy Judge Frank Bailey in Boston has authorised the sale of the property which is being bought by Three Sisters Trust, or its designee, and sold by Chapter 7 Trustee Kathleen Dwyer, according to the order. The Chatham house was bought for
Updated: 10/17/2011 09:30A
Harrisburg's future to be debated in Senate and before a bankruptcy judge today
Tom Corbett and Harrisburg Mayor Linda Thompson will try and block the City Council's bankruptcy filing during an emergency status conference scheduled for 9:30 am today before a federal bankruptcy judge. Meanwhile, the state Senate today could approve
Updated: 10/17/2011 09:28A
Judge weighs petition for Pa. bankruptcy
A federal judge will hear arguments this morning over whether Pennsylvania's cash-strapped capital can move ahead with a bankruptcy petition. The state of Pennsylvania and Harrisburg's mayor are fighting a 4-to-3 City Council vote that authorized the
Updated: 10/17/2011 09:28A
UB40 stars declare bankruptcy
A judge at England's Birmingham County Court made the ruling against Brian Travers, Jimmy Brown, Terence Oswald and Norman Hassan last week following an investigation over their failed record label, Dep International. The bankruptcy order lasts for a
Updated: 10/17/2011 09:26A
McCourts Strike Divorce Settlement But Dodgers Still in Limbo
But insiders say far from a victory, Frank is probably going to lose the team, because at the end of the month a bankruptcy judge will decide if the Dodgers will go on the auction block. Insiders think the judge will force the sale -- which should
Updated: 10/17/2011 09:15A
McCourts Strike Divorce Settlement -- But Dodgers Still In Limbo
But insiders say far from a victory, Frank is probably going to lose the team, because at the end of the month a bankruptcy judge will decide if the Dodgers will go on the auction block. Insiders think the judge will force the sale -- which should
Updated: 10/17/2011 09:09A
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