Latest Legal Advertising News
Corzine Key Man Bonds Default Before Coupon: Corporate Finance
Nov. 1 (Bloomberg) -- Bond investors lent MF Global Holdings Ltd. $650 million three months ago in a bet Jon Corzine would succeed in turning the futures broker into a mini-version of Goldman Sachs Group Inc. The firm filed for bankruptcy before making
Updated: 10/31/2011 08:47P
MF Global Suspended From LME Trading After Default Notice
MF Global can still trade LME metals on the telephone, Chris Evans, head of business development at the LME, said by e- mail. Jeremy Skule, MF Global's spokesman in New York, didn't immediately return a call from Bloomberg seeking comment.
Updated: 10/31/2011 08:33P
Judge rejects both Tribune bankruptcy exit plans
Many legal and business experts said the complex case has become an especially high-profile example of how the bankruptcy process has been taken over by distressed debt investors, who buy up a company's bonds and bank loans for pennies on the dollar
Updated: 10/31/2011 08:33P
UPI NewsTrack Business
With a new law limits the amount banks can charge when a consumer uses a debit card at a retail store -- the law effectively reducing a bank's maximum take from 44 cents to 24 cents -- several national banks tested the idea or announced new fees for
Updated: 10/31/2011 08:17P
Solar panel maker Solyndra set to auction assets
Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. Solyndra... The bankrupt solar company Solyndra Inc. is auctioning off surplus assets this week as part of its bankruptcy
Updated: 10/31/2011 08:17P
MF Global Collapses as Books Questioned
MF Global Holdings Ltd. collapsed into bankruptcy Monday when a potential buyer bolted over a discrepancy of hundreds of millions of dollars in the beleaguered securities firm's books, people familiar
Updated: 10/31/2011 08:17P
Bankrupt Solydra Auctions Off 'Non-Core' Assets
The bankrupt solar company Solyndra Inc. is auctioning off surplus assets this week as part of its bankruptcy proceedings. Starting Wednesday, buyers can purchase the former solar manufacturer's office microwave, artwork that once hung on its walls and
Updated: 10/31/2011 08:17P
Bankruptcy judge rejects competing reorganization plans in Tribune Co. case
s plan to emerge from bankruptcy protection along with a rival plan from dissident creditors. Judge Kevin Carey said in a 126-page ruling that he may appoint a trustee to help end the 3-year-old case if the company cannot come up with an acceptable
Updated: 10/31/2011 08:16P
Judge rejects competing Tribune bankruptcy plans
s plan to emerge from bankruptcy protection and denied a rival proposal from Tribune creditors as well. In rejecting both plans Monday, the judge said the long bankruptcy case needs to end quickly. He said he would appoint a trustee if necessary.
Updated: 10/31/2011 08:16P
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 08:15P
Primary Categories