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Is the end of the Frank McCourt era near?
McCourt took the Dodgers into Bankruptcy protection and has been fighting the Commissioner Bud Selig and his ex-wife, Jamie McCourt for control of the team. McCourt entered Bankruptcy with the hopes of being able to sell the TV rights and receive an
Updated: 10/26/2011 10:35P
Is the end of the McCourt era near?
McCourt took the Dodgers into Bankruptcy protection and has been fighting the Commissioner Bud Selig and his ex-wife, Jamie McCourt for control of the team. McCourt entered Bankruptcy with the hopes of being able to sell the TV rights and receive an
Updated: 10/26/2011 10:35P
Lehman Gets Deal With Danske Bank to Reduce Bankruptcy Claim
Oct. 26 (Bloomberg) -- Lehman Brothers Holdings Inc. reached an agreement with Danske Bank A/S to reduce the Danish bank's bankruptcy claim to $580 million and support Lehman's reorganization plan, according to a court filing.
Updated: 10/26/2011 10:29P
JLL Soliciting Bids to Reorganize Debtors on One Madison Park
Jones Lang LaSalle's special asset services team is soliciting proposals to reorganize the Debtors on One Madison Park in New York City under Chapter 11 of the United States Bankruptcy Code. Leading the Jones Lang LaSalle team on this transaction is
Updated: 10/26/2011 10:22P
Pipeline Boom Turns SemGroup Bid Into Biggest Windfall: Real M&A
(SEMG), which emerged from bankruptcy two years ago, will get the biggest windfall of any takeover target in America by holding out for more money. SemGroup, which owns 2800 miles (4506 kilometers) of pipelines in Colorado, Oklahoma and Canada,
Updated: 10/26/2011 10:22P
Victims of success
Running a deal with Spreets is a smart way for businesses to attract new customers and revenue, but a merchant must ensure it is prepared for the influx in business.'' Mr McEvoy said the company had refunded some of its customers who had not been able
Updated: 10/26/2011 10:07P
New court date set for Pigeon King
Galbraith, the owner of now defunct Pigeon King International, faces one charge of fraud over $5000 and four counts under the Bankruptcy Act. Radulovic set the next court appearance for Nov. 23. Williams told the court he needed more time to go through
Updated: 10/26/2011 09:47P
Durbin Statement on Administration's Efforts to Help Students Manage Loan Debt
US Senator Dick Durbin (D-IL) released the following statement today after President Obama announced new steps to make college more affordable and make it easier for students to repay their federal student loans: eNews Park Forest is an independently
Updated: 10/26/2011 09:42P
Trial postponement could lead to sale of Dodgers by Frank McCourt
No party has supported McCourt's proposal, which is opposed by Selig and Fox Sports, which currently has the team's TV deal. The creditors' committee this week asked Gross to reject McCourt's proposal but defer any ruling on Selig's request so the
Updated: 10/26/2011 09:41P
Four biggest lessons from Iceland's brush with national bankruptcy
Poul Thomsen wrote an article on the IMF's blog site about Iceland that I would to highlight. They bear repeating given the economic problems in Europe and the US. The IMF worked with Iceland to stabilise the economy and avoid default after the country
Updated: 10/26/2011 09:41P
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