Latest Legal Advertising News
Harrisburg Bankruptcy Judge Tells Vendors City Can Pay Routine Bills
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 11:02A
Too Much Shocking News For Markets To Handle!
Markets were shocked by the news yesterday that MF Global, a giant in commodities brokerage and trading, was filing for bankruptcy. The estimated $41 billion bankruptcy puts it at #7 on the list of the largest bankruptcies ever.
Updated: 11/01/2011 11:01A
MF Global succumbs to Europe crisis
BAD BET:The firm's bankruptcy is the eighth-biggest ever in the US. It struggled after amassing more than US$6 billion in debt issued by Italy, Spain and Portugal The European debt crisis has claimed its first big casualty on Wall Street, a securities
Updated: 11/01/2011 11:01A
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 10:59A
Can Greece Survive?
The leaders of the Greek War of Independence sought their finance in London. The Loans of Independence raised on the London markets produced £8 million in 1824 and £2 million in 1825. Greece offered as a surety for this the income from its salt
Updated: 11/01/2011 10:59A
Political suicide Corzines MF feels heat as feds eye missing $$
Word of the possibly purloined funds came hours after MF Global was forced to filed for bankruptcy protection after its debt ratings had been downgraded to junk status on the discovery that the firm had $6.3 billion of European sovereign debt on its
Updated: 11/01/2011 10:58A
Firm led by ex-NJ gov is missing millions
At first, as much as $950 million was believed to be missing, but as the firm sorted through its bankruptcy, that figure fell to less than $700 million by late Monday, the people briefed on the matter said. Additional funds are expected to trickle in
Updated: 11/01/2011 10:55A
Oil declines more than 2% on China, Europe jitters
Also helping to keep prices down, the dollar traded higher and the bankruptcy of one of the largest US commodity brokers continued to reverberate across the markets. Oil for December delivery /quotes/zigman/2084377 CL1Z -3.11% declined $1.96, or 2.1%,
Updated: 11/01/2011 10:55A
Judge Rejects Tribune Co.'s Reorganization Plans
The three-year struggle for Tribune Co. to come out of bankruptcy will go on for a while longer after US Bankruptcy Judge Kevin Carey rejected two competing plans for the company to reorganize. In a 126-page opinion that starts with Carey quoting the
Updated: 11/01/2011 10:52A
MF Global collapses under euro zone debts
Jon Corzine's bid to revive his Wall Street career crashed and burned on Monday when his futures brokerage MF Global Holdings Ltd filed for bankruptcy protection following bad bets on euro zone debt. Corzine, 64, who once ran Goldman Sachs before
Updated: 11/01/2011 10:49A
Primary Categories