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LA Dodgers could soon be on the auction block
After a dramatic bankruptcy, the owner of the Los Angeles Dodgers might not be able to salvage the team and will have to sell -- for around $1 billion. A glove and a Los Angeles Dodgers cap lay on the tarp during batting practice prior to the MLB game
Updated: 11/01/2011 11:45A
[Analysis] Can Greece Survive?
But when Greece was again unable to pay up and lurched towards bankruptcy, its debt was restructured. In 1843 the Great Powers asked Greece to restrict all its public expenditures and use its customs revenues to pay off its foreign debt.
Updated: 11/01/2011 11:42A
MF Global Customers Call SIPC for Money
The Lehman Brothers Holdings Inc. unit has been in liquidation since 2008 after its parent filed for bankruptcy with $639 billion in assets. “This is like a mini-Lehman,” he said. Claim forms were mailed about 17 days after con man Bernard Madoff's
Updated: 11/01/2011 11:38A
MF Global Seeks Bankruptcy Protection
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Updated: 11/01/2011 11:38A
Former New Jersey Governor?s Firm Under Investigation After Its Collapse
The former governor of New Jersey, Jon Corzine, may find himself in hot water over his leadership of securities firm MF Global, which filed for bankruptcy protection on Monday. Several derivatives exchanges, including the Chicago Mercantile exchange,
Updated: 11/01/2011 11:38A
Harrisburg Bankruptcy Judge Tells Vendors City Can Pay Them
US Bankruptcy Judge Mary D. France agreed today to issue what she called a “comfort order” requested by Mayor Linda Thompson stating that federal bankruptcy law allows the city to pay its routine bills without the court's special permission.
Updated: 11/01/2011 11:34A
Trinitas golf course loses another round
The Mayhews said they were present during a court proceeding in Sacramento Thursday when US Bankruptcy Court Judge Ronald H. Sargis announced his ruling in the Nemee vs. County of Calaveras Declaratory Relief and Equitable Estoppel trial, over which he
Updated: 11/01/2011 11:31A
Phil Hamilton and wife again file for Chapter 13 bankruptcy
Phil Hamilton and his wife, Kimberly, again have filed for Chapter 13 bankruptcy protection, listing assets of about $468000 and liabilities of more than $611000. The Hamiltons originally filed for bankruptcy in February, with assets of $520000 and
Updated: 11/01/2011 11:30A
MF Global Didn't Segregate Client Collateral, CME Group Says
1 (Bloomberg) -- MF Global Holdings Ltd., under investigation by US regulators after filing for bankruptcy protection, violated requirements that it keep clients' collateral separate from its own accounts, the head of the world's largest futures
Updated: 11/01/2011 11:27A
Bankruptcy – how it affects your credit rating
After twelve months you will be discharged and most of the restrictions that bankruptcy puts on you will be taken away. However even though you are only bankrupt for a year, one of the affects of the bankruptcy procedures is that your credit rating
Updated: 11/01/2011 11:22A