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MF Global to sell assets to Interactive Brokers: reports
MF Global Holdings Ltd. is reportedly close to selling off all its assets to Interactive Brokers Group and was likely to file for bankruptcy protection as soon as Monday. The tentative deal would involve a Chapter 11 filing followed by Interactive
Updated: 10/31/2011 07:27A

PR employees strike against bankruptcy, paralyze railway operation from Quetta
Meanwhile, departures of Rawalpindi bound Jaffar Express, Peshawar bound Quetta Express, and Bolan Mail for Karachi could not proceed due to the agitating railway employees against bankruptcy and the lethal corruption in the organization.
Updated: 10/31/2011 07:25A

Bankruptcy Judge Mary D. France noted for fairness
In filing for bankruptcy, lawmakers said the City Council broke a law they passed last summer forbidding Harrisburg to file for Chapter 9 before July 1. A majority of the City Council said that bankruptcy law trumps state law and that France has to
Updated: 10/31/2011 07:07A

POINT OF VIEW: OUR OWN GRAND PRIX: RATH VERSUS FORMULA 1 ADVANI'S YATRA ISN'T
A bankruptcy of ideas still pursues him and he is using a rath yet again to compete in what has become a Formula I Grand Prix. We could have enjoyed it as a comedy if it were not such a tragedy. It is comic that the Congress scams are boosting the BJP
Updated: 10/31/2011 06:45A

Greece's economic catastrophe
The EU has poured in a countless more gazillions to prevent the Greece financial system from bankruptcy. To meet the new financial requirements Greece needs to grow by 2 percent a year compared to the current contraction of 5.5 percent.
Updated: 10/31/2011 06:36A

Court receives bankruptcy petition against Gazprom's contractor
The court has registered a bankruptcy application against the Stroygazconsulting, Russia's leading construction and engineering holding company, the court told the Russian Leading Information Agency (RAPSI). Stroygazconsulting's companies are engaged
Updated: 10/31/2011 06:28A

Bankruptcy Myths Debunked
After all, the US Congress wrote the bankruptcy code. 5. I am tired of paying my ex-spouse child support and/or alimony. If I file for bankruptcy, then those obligations go away. No, no, no! The magic of bankruptcy court will not make these obligations
Updated: 10/31/2011 06:27A

Sports in Brief
It was a mixed weekend for the Colonials, who finished CWPA Southern Division play Saturday with a 15-8 loss at Navy, but wrapped up their regular season with a 10-4 win over Salem International later that day.
Updated: 10/31/2011 06:26A

Takefuji Plan, Saab Investors, Luminar Rescue Bids: Bankruptcy
Iceland will start paying out as much as $11.4 billion in foreign depositor claims after the country's top court upheld an emergency law that leaves bank bondholders in the lurch and protects ordinary account holders. The decision by Iceland's Supreme
Updated: 10/31/2011 06:22A

MF Global Near Bankruptcy Deal; Asset Sale
The law firms could not be reached immediately for comment. A number of interested parties were considering several possible deals, including buying all or parts of MF Global, said the source, who requested anonymity. "The goal is squarely for some
Updated: 10/31/2011 06:20A

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