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Suits maker Bagir Germany files for bankruptcy
BGI Investments (1961) Ltd. (TASE: BGI) today notified the TASE that the German unit of its suits manufacturer subsidiary, Bagir, has filed for bankruptcy. Last week, a German court approved the opening of insolvency proceedings against Bagir Germany
Updated: 10/18/2011 04:37A
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"I think this may be a strategically sensible decision for her," said Scott Altman, a law professor at the University of Southern California. "If he (Frank McCourt) gets $130 million out of bankruptcy, it's hers." The settlement now allows Frank
Updated: 10/18/2011 04:21A
Frank McCourt finalizes divorce, faces MLB next to keep Dodgers
“I think this may be a strategically sensible decision for her,” said Scott Altman, a law professor at the USC. “If he (Frank McCourt) gets $130 million out of bankruptcy, it's hers. It reduces her risk because she doesn't have to share proceeds from
Updated: 10/18/2011 04:16A
Hannigan sees choosing new city manager as key task for Vallejo Council
Erin Hannigan said one of the most important upcoming decisions before the new council will be hiring a new city manager, a revolving-door job for Vallejo, which filed for bankruptcy in 2008. "I think our chances this time are probably way better than
Updated: 10/18/2011 04:16A
McCourts take a swing at a divorce deal
UCLA law professor Scott Altman told The Associated Press: "I think this may be a strategically sensible decision for her. If he (Frank McCourt) gets $130 million out of bankruptcy, it's hers. It reduces her risk because she doesn't have to share
Updated: 10/18/2011 04:09A
Books-A-Million ready to convert Waterford Borders store
In a few weeks, a Books-A-Million Super Center will open in the former Borders bookstore in Waterford, which fell victim to its parent company's bankruptcy filing this past summer. Borders, located in the Waterford Commons shopping
Updated: 10/18/2011 04:04A
Baseball: McCourts reach settlement in divorce case
"I think this may be a strategically sensible decision for her," said Scott Altman, a law professor at the University of Southern California. "If he (Frank McCourt) gets $130 million out of bankruptcy, it's hers. It reduces her risk because she doesn't
Updated: 10/18/2011 04:02A
Japan Property Bankruptcies to Rise in 2012, Researcher Says
Oct. 18 (Bloomberg) -- More Japanese property companies may file for bankruptcy in 2012 as banks become more selective to improve their balance sheets as the outlook in the US and Europe deteriorates,
Updated: 10/18/2011 03:46A
McCourts reach settlement in divorce battle
The divorce case had been placed on hold until a bankruptcy court in Delaware determines the fate of the team. A hearing is scheduled for Wednesday and a judge will consider dueling motions over four days starting Oct. 31. The settlement now allows
Updated: 10/18/2011 03:45A
McCourts settle in fight over Dodgers ownership
Frank and Jamie McCourt have reached a settlement in a costly and nasty feud over control of the Los Angeles Dodgers, paving the way for a showdown in bankruptcy court between the embattled team owner and Major League Baseball.
Updated: 10/18/2011 03:39A