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Books-A-Million opens at mall
The new Books-A-Million store has opened at Charleston Town Center mall, in the space formerly occupied by Borders. It is among 41 stores in 18 states to open in the wake of Borders' February bankruptcy and liquidation.
Updated: 11/01/2011 05:50A
Forex - Mr. Papandreou Calls for Referendum
The news that US broker MF Global filed for Chapter 11 bankruptcy protection did not help to remove the dark cloud lingering over markets. While Greece's Mr. Papandreou's dramatic announcement to put the new EU bailout deal to a referendum has
Updated: 11/01/2011 05:47A
Tweeter Decision Extends WARN Act Liability to Distant Parent Companies
A recent decision by the influential US Bankruptcy Court for the District of Delaware adds liability under the Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") to the list of sponsor concerns The opinion in D'Amico v.
Updated: 11/01/2011 05:43A
MF Global A US Casualty Of EU's Debt Crisis
MF Global, the securities firm run by former New Jersey Governor Jon Corzine, was forced to file for bankruptcy protection Monday. The company, at Corzine's urging, made big investments in European sovereign debt.
Updated: 11/01/2011 05:42A
Oil prices down in Asian trade in Greek news
Oil prices extended losses today amid market volatility after a US brokerage firm filed for bankruptcy and Greece called for a referendum on its bail-out deal. World oil prices extended losses today amid market volatility after a US brokerage firm
Updated: 11/01/2011 05:37A
Hundreds of millions missing from Corzine-run brokerage firm
The New York-based company, MF Global, filed for bankruptcy Monday following bad bets on euro zone debt. The discovery of the missing millions stopped a last-minute deal to sell a major part of MF Global to another brokerage firm from going ahead,
Updated: 11/01/2011 05:30A
MF Global collapse hits Patsytems.
Shares in UK screen-dealing software house Patsystems fell over 10% yesterday on news of the collapse of MF Global, a major customer accounting for recurring revenue of around £3 million. US brokerage MF Global filed for bankruptcy protection in New
Updated: 11/01/2011 05:25A
Chinese buy Saab. Swedes shrug.
Two Chinese companies agreed to buy Saab late last week, after the Swedish government declined to save it from bankruptcy. (Timothy A. Clary/Getty Images) TROLLHATTAN, Sweden — At the Saab museum here in western Sweden, the car maker's company history
Updated: 11/01/2011 05:24A
US MF Global files for bankruptcy as FSA appoints special administrator
New York broker-dealer MF Global Holdings has filed for bankruptcy whilst its UK based subsidiary, MF Global UK has entered into the Special Administration Regime (SAR) devised by the Financial Services Authority (FSA). MF Global Holdings listed debt
Updated: 11/01/2011 05:22A
Court rules Plaude-Relingere insolvent
The court also ordered a five-year bankruptcy procedure for Plaude-Relingere, confirmed a schedule for the sale of her property to settle creditors' claims, and banned the businesswoman from any transactions with her properties in Riga and Valmiera.
Updated: 11/01/2011 05:22A
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