Latest Legal Advertising News
National business news in brief | T-bill rates down
s plan to emerge from bankruptcy protection and denied a rival proposal from Tribune creditors as well. The judge said the long bankruptcy case needed to end quickly and he would appoint a trustee if necessary. Tribune Co. owns the Chicago Tribune,
Updated: 10/31/2011 10:59P
UPDATED: MF Global files for bankruptcy
The bankruptcy filing is a humbling blow for the firm's chief executive, Jon S. Corzine, who took the reins of the firm in 2010 after a decade as a United States senator and governor of New Jersey. The law firm of Skadden, Arps, Slate, Meagher & Flom
Updated: 10/31/2011 10:59P
Solyndra auction brings out bargian hunters
Solyndra received a one half billion dollar loan guarantee from the government before filing for bankruptcy in Sept. 2011. (AP Photo/Paul Sakuma) To some people, the bankruptcy of the solar-module maker Solyndra shows the folly of government trying to
Updated: 10/31/2011 10:58P
News In Brief
Pleasanton-based Valley Community Bank will continue to operate normally despite a regulatory agreement with the FDIC tied to the bank's weakening loan portfolio. "The problem is the deteriorating economy and the impact it is having on our clients,"
Updated: 10/31/2011 10:56P
Bankruptcy judge rejects Tribune plans
A federal bankruptcy judge Monday rejected two competing plans for the reorganization of Tribune, the Chicago-based publishing and broadcasting company that was driven into Chapter 11 by mogul Sam Zell's ill-timed and over-leveraged buyout.
Updated: 10/31/2011 10:56P
Bankrupt solar panel maker Solyndra set to auction off assets in Calif. this week
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 10:56P
Judge Rejects Rival Plans to Bring Tribune Out of Chapter 11
s plan to exit bankruptcy protection Monday, sending the media giant back to the bargaining table to find a viable restructuring strategy after nearly three years in Chapter 11. Judge Kevin Carey of the US Bankruptcy Court in Wilmington, Del.,
Updated: 10/31/2011 10:55P
Dodgers Bankruptcy: Frank McCourt Reportedly Close To Settlement With MLB
This would be a gain for Mr. McCourt as it would take Mrs. McCourt out of the equation as he tries to sell the Dodgers' television rights in US Bankruptcy Court in order to retain ownership of the team. The settlement has not been finalized but it
Updated: 10/31/2011 10:54P
Oil prices slip market eyes FOMC, G20 meetings
The US-based futures brokerage MF Global filed for bankruptcy protection following bad bets on euro zone debt. Its meltdown in less than a week made it the biggest US casualty of Europe's debt crisis and the seventh-largest bankruptcy by assets in US
Updated: 10/31/2011 10:54P
London Metal Exchange suspends MF Global from trading
MF Global filed for bankruptcy protection on Monday following bad bets on euro zone debt and London's LCH Clearnet declared it a defaulter. 'MF Global has been suspended from LMEselect and the Ring with immediate effect,' the LME statement said.
Updated: 10/31/2011 10:53P
Primary Categories