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CS Mining Announces Acquisition of Assets of Western Utah Copper Company
The acquisition was completed through an asset purchase agreement approved by the US Bankruptcy Court in August of 2011. Empire and Clarity are the co-lead investors and worked for more than two years to complete the acquisition.
Updated: 11/01/2011 03:36P
Tweeter's gone: Any chance I can get some help with a bankrupt company?
A. When companies file for the kind of bankruptcy that Tweeter did – shutting down the entire operation – consumers are usually the biggest losers. When those who are owed money line up, guess who's at the bottom of the list? “After a company files for
Updated: 11/01/2011 03:36P
MF Global accounts shock leaves clients scrambling (NEWS.GNOM.ES)
ES) – MF Global Holdings Ltd failed to protect customer accounts by keeping them separate from its own funds, said a top US exchange regulator, another shock for commodity markets scrambling to contain fallout from the brokerage's bankruptcy.
Updated: 11/01/2011 03:34P
Tribune optimistic it can win bankruptcy judge's approval of revised
Tribune Co. officials believe they can still win a judge's approval to emerge from bankruptcy protection by making changes to its reorganization plan. The judge on Monday rejected Tribune's current plan, as well a rival plan from dissident creditors.
Updated: 11/01/2011 03:34P
Verizon duped FairPoint, suit charges
A group of former FairPoint Communications creditors has filed suit against Verizon Communications, charging that the giant telecom is to blame for FairPoint's bankruptcy and continued financial troubles. The creditors have formed a litigation trust
Updated: 11/01/2011 03:32P
Report: MF Global Broke Law, Did Not Keep Client Funds Separate
accounts and company funds: MF Global Holdings Ltd, the futures broker that filed for bankruptcy protection on Monday, did not separate its customers' accounts from the firm's funds as required by law, its main exchange regulator said on Tuesday.
Updated: 11/01/2011 03:30P
Kentucky Distributor Purchases Canterbury Flooring
This time, NFD has purchased the Canterbury Flooring manufacturing operations and brand after its former owners closed shop in 2009 after filing Chapter 7 bankruptcy, or liquidation bankruptcy. The purchase price was not disclosed.
Updated: 11/01/2011 03:30P
CBS 3 Springfield - WSHMTribune working on revised bankruptcy plan
(AP) - Tribune Co. officials believe they can still win a judge's approval to emerge from bankruptcy protection by making changes to its reorganization plan. The judge on Monday rejected Tribune's current plan, as well a rival plan from dissident
Updated: 11/01/2011 03:29P
Oil declines nearly 3% on 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 -1.81% declined $2.57, or 2.7%,
Updated: 11/01/2011 03:28P
Open Range finds Minnesota buyer
Open Range Communications, a wireless broadband company that filed for bankruptcy protection Oct. 4., plans to sell itself to a Minnesota company for $2 million. Greenwood Village-based Open Range, in a filing to the bankruptcy court in Delaware,
Updated: 11/01/2011 03:27P
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