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In Dodgers bankruptcy case, Fox Sports has a prime interest
(Danny Moloshok / Associated Press / June 8, 2011) By Bill Shaikin The headlines in the Dodgers' bankruptcy case can give the appearance of a boxing match. It's Frank McCourt vs. Bud Selig — and let's get ready to rumble. Yet the McCourt adversary with
Updated: 10/30/2011 07:56P
MF Global seeks sale, hires restructuring advisers
Earlier this year, the firm was among investors who failed to block the nationalization of German mortgage bank Hypo Real Estate. MF Global, which runs a Futures Commission Merchant and a broker-dealer, was scrambling last week to reassure customers
Updated: 10/30/2011 07:54P
Beacon Power bankrupt; had US backing like Solyndra
Beacon Power Corp filed for bankruptcy on Sunday just a year after the energy storage company received a $43 million loan guarantee from a controversial US Department of Energy program. The move comes about two months after solar panel maker Solyndra
Updated: 10/30/2011 07:44P
Corzine's MF Global Faces Pivotal Days as Firm Considers Sale, Bankruptcy
MF Global hired law firms Skadden, Arps, Slate, Meagher & Flom LLP and Weil, Gotshal & Manges LLP to plan for restructuring that may include bankruptcy, the Wall Street Journal reported on its website. Pressure is mounting on Corzine,
Updated: 10/30/2011 07:35P
MF Global hires bankruptcy lawyers: WSJ
The financial firm has hired law firms Skadden, Arps, Slate, Meagher & Flom and Weil, Gotshal & Manges "to prepare potential restructuring options," the report said. MF Global ended with a 16.1% loss on Friday, having lost 85.7% of its value so far
Updated: 10/30/2011 07:21P
Country on verge of bankruptcy, says Muqam
PESHAWAR: Pakistan Muslim League-Quaid (PML-Q) Provincial Chief Amir Muqam on Sunday said that the country had been looted to the extent that it had no money to pay poor pensioners and warned if the incumbent government remained in power for one more
Updated: 10/30/2011 07:20P
Opinions – US District Court, Maryland: 10/31/11
Stevens appealed to the district court, which affirmed the decision of the Bankruptcy Court. LAW: Stevens argued that the Bankruptcy Court committed reversible error when it denied his motion to dismiss and thereby declined to dismiss Showalter's
Updated: 10/30/2011 07:03P
MF Global Has Restructuring Lawyers on Hand
As it discusses strategic options with possible buyers, Jon Corzine's firm also has hired prominent law firms for advice on possible bankruptcy and restructuring options. MF Global the troubled securities firm, has hired bankruptcy and restructuring
Updated: 10/30/2011 06:54P
Solyndra shows more scrutiny needed for guaranteed loans
Much attention has been paid in recent weeks to the bankruptcy of Solyndra, a California solar energy company that filed for bankruptcy after receiving $527 million in loan guarantees from the Department of Energy to finance construction of a new
Updated: 10/30/2011 06:26P
Washington area bankruptcy filings for the week of Oct. 31
These firms recently filed with the US Bankruptcy Court's local court clerk's offices. Under Chapter 11 of the federal bankruptcy code, a company is protected from claims by creditors while it attempts to reorganize its finances under a plan approved
Updated: 10/30/2011 06:26P