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RPT-FACTBOX-MF Global's top creditors, equity investors
Oct 31 (Reuters) - MF Global Holdings Ltd , a futures brokerage run by former Goldman Sachs chief Jon Corzine, filed for Chapter 11 bankruptcy protection on Monday. The following list shows MF Global's 10 largest unsecured creditors, as shown by the
Updated: 11/01/2011 07:21A
What Texas Miracle? Residents in some Lone Star State cities rank among the
You might think a list of America's "brokest" cities would include places like Harrisburg, Penn., one of six municipalities and counties to declare bankruptcy this year. But when The Daily Beast is listing broke towns, it is talking
Updated: 11/01/2011 07:20A
Point Blank Solutions Sold To An Affiliate Of Sun Capital Partners
The sale was approved by the US Bankruptcy Court in Delaware on October 28, 2011. “A new chapter in our corporate evolution has begun, and we can now focus fully on executing our strategy and exceeding the expectations of our customers,” said Jim
Updated: 11/01/2011 07:17A
US judge rejects competing reorganisation plans for Tribune Co
A US judge has rejected competing reorganisation plans for Tribune Co, which has threatened to put the biggest US media company in bankruptcy under a trustee unless, the company improved its strategy for ending the case. US bankruptcy judge Kevin J
Updated: 11/01/2011 07:15A
Verizon Knifed it in the Back, Fairpoint Says, Calling $2.5 Billion Spinoff
FairPoint claims that Verizon, the largest telecommunications provider in the United States, caused the bankruptcy of two other companies that acquired Verizon assets. Faced with a revolution in the telecommunications industry, with customers switching
Updated: 11/01/2011 07:12A
Obama Administration to investigate DOE loan guarantee process
Two days later, on October 30th, DOE loan guarantee recipient Beacon Power Corporation (Tyngsboro, Massachusetts, US) filed for Chapter 11 bankruptcy. These announcements come as members of the opposition Republican Party in the US House of
Updated: 11/01/2011 07:09A
MF Global to seek bankruptcy, sale
The Wall Street Journal reported today that MF Global would seek bankruptcy protection after investing $6 billion in sovereign bonds issued by European countries. Jon Corzine, the former New Jersey governor who now leads MF Global, was working to find
Updated: 11/01/2011 07:02A
MF Global probed over hundreds of millions missing dollars: source
The firm, which filed for bankruptcy protection Monday, was ordered by the enforcement division of the Commodity Futures Trading Commission to preserve records for the review, one of the people said. MF Global, the holding company for the broker-dealer
Updated: 11/01/2011 07:00A
It's Deja Vu for MF Global's India Staff
On Monday night, their parent company MF Global Holdings Ltd. filed for bankruptcy, partly because of bets in Greek bonds that have gone sour. MF Global's bankruptcy is likely among the ten biggest ever bankruptcies in the US A man walked past MF
Updated: 11/01/2011 06:56A
Heller Suit Claims Error by Greenberg Traurig Led to 'Chaotic' Wind Down
The Heller suit claims knowledge of Bank of America's failure would have allowed the law firm to file for bankruptcy earlier and avoid a “chaotic” and “disorderly” wind down, the Recorder story says. The complaint was filed Monday in bankruptcy court
Updated: 11/01/2011 06:51A
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