Latest Legal Advertising News
Fears of 'baby-Lehman' as US broking giant MF collapses
NEW jitters hit the financial sector yesterday as US broking giant MF Global filed for Chapter 11 bankruptcy protection in America because of its massive exposure to the eurozone sovereign debt crisis. The bankruptcy makes MF Global
Updated: 10/31/2011 08:14P
Tribune Judge Rejects Competing JPMorgan, Aurelius Reorganization Plans
s competing reorganization plans were both rejected by the judge overseeing the case of the biggest US media company in bankruptcy. The two plans differed in whether they settled, or pursued lawsuits against lenders, including JPMorgan Chase & Co.
Updated: 10/31/2011 08:11P
MF GLOBAL FALLS VICTIM TO DEBT CRISIS
By Daily Express Reporter STOCK markets were rocked yesterday after broking giant MF Global became the first US victim of the eurozone debt crisis and filed for bankruptcy protection. More than £41billion was wiped from the value of Britain's biggest
Updated: 10/31/2011 08:11P
US stocks dive on renewed eurozone worries
NEW YORK: US stocks plunged Monday amid renewed worries about the eurozone debt crisis, which claimed its first major US casualty -- a key brokerage that filed for bankruptcy. On the last day of trading in October, stocks were under pressure from the
Updated: 10/31/2011 08:10P
Corzine's MF Global collapses under euro zone bets (Reuters)
NEW YORK (Reuters) – Jon Corzine's bid to revive his Wall Street career crashed and burned on Monday when his futures brokerage MF Global Holdings Ltd filed for bankruptcy protection following bad bets on euro zone debt. Corzine, 64, who once ran
Updated: 10/31/2011 08:10P
US trading firm MF Global files for bankruptcy, local customers affected
American futures and derivatives firm MF Global is in the process of filing for bankruptcy protection, but it is not yet known whether the move will affect its Australian division which holds a small chunk of the Australian CFD market.
Updated: 10/31/2011 08:09P
Solyndra assets to be auctioned off this week
Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. (AP Photo/Paul Sakuma) FREMONT -- Bankrupt Fremont solar company Solyndra is auctioning off surplus assets this week as part of
Updated: 10/31/2011 08:09P
Corzine's MF Global collapses under euro zone bets
However, federal bankruptcy law may limit any possible severance payouts. First-day hearings in the case were scheduled for Tuesday at 3 pm in US Bankruptcy Court in Manhattan. Among other things, MF Global is expected to seek permission from Judge
Updated: 10/31/2011 08:09P
Oil edges lower on dollar, but posts monthly gain
* Japan intervenes on yen, pushing dollar higher * MF Global bankruptcy seen curbing trading volumes * Brent gains 6.6 pct in October, US crude up 17.7 pct * Coming up: API oil data 4:30 pm EDT (2030 GMT) Tuesday (Recasts, updates trading volume,
Updated: 10/31/2011 08:08P
Developer settles with lender
COURTESY ILLUSTRATION The partnership behind the Rialto Village Town Center project is set to emerge from bankruptcy and proceed with the development after settling a dispute with its lender. RVTC LP, which has proposed a $60 million to $70 million
Updated: 10/31/2011 08:08P
Primary Categories