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Harrisburg bankruptcy court hearing: Judge grants 'comfort order'
Continuing coverage now on the Capital City in Crisis as Harrisburg's financial problems were back in bankruptcy court Tuesday. A judge granted a motion that will hopefully clarify some things about City Council's move to file bankruptcy.
Updated: 11/01/2011 04:44P
Beacon Power CEO: We're no Solyndra
Bill Capp released a statement (click for PDF) taking issue with comparisons to Solyndra, a solar collector maker that received a $535 million loan guarantee, then abruptly shut down at the end of August, declaring bankruptcy. Beacon Power, which makes
Updated: 11/01/2011 04:44P
JPMorgan, UBS Win Dismissal in Madoff Case
She sent what remains of the cases back to US bankruptcy court for further proceedings. Banks have taken the offensive after US District Judge Jed Rakoff in Manhattan, in a case against HSBC The cases are Irving H. Picard v.
Updated: 11/01/2011 04:44P
MF Shares to Start Trading Over the Counter
MF Global Holdings Ltd. (MF), which the New York Stock Exchange is delisting following the brokerage's bankruptcy filing, will begin trading tomorrow on the over-the- counter venue run by
Updated: 11/01/2011 04:44P
Greece Grips the World — Tuesday's IP Market Recap
Adding to MF's problems, JPMorgan Chase (NYSE:JPM), which is owed more than $1.2 billion by MF Global, filed an objection Tuesday in bankruptcy court. The filing asks the court to limit MF's use of cash collateral and asks for preference over other
Updated: 11/01/2011 04:42P
JPMorgan: MF Global's Bankruptcy Filing Is Wrong
MF Global not only diverted potentially $700 million in funds out of customer accounts, in violation of the law, regulators tell FOX Business. It also can't seem to get its own bankruptcy filing correct.
Updated: 11/01/2011 04:41P
Perkins Wins Approval of Recovery Plan Giving Wayzata Control
1 (Bloomberg) -- Perkins & Marie Callender's Inc., the restaurant owner and franchiser, won court approval of its restructuring plan to exit bankruptcy, giving noteholders control of the company. The case is In re Perkins & Marie Callender's Inc.,
Updated: 11/01/2011 04:40P
Ruden McClosky's Tampa office defects
It filed for Chapter 11 bankruptcy on Tuesday, declaring more than $10 million in debt. The firm had previously announced that many of its attorneys were planning to join Greenspoon Marder, which would gain by adding Ruden's office in Tampa.
Updated: 11/01/2011 04:39P
DJIA: Stocks Plummet on MF Global News, Greece Cries for a New Prime Minister
Marisa Krystian | Nov 01, 2011 | 2min:09sec Stocks plummeted today due to investor fear over MF Global's bankruptcy filing and a Greek referendum on its bailout package. Greek Prime Minister George Papandreou's job hangs in the balance after six
Updated: 11/01/2011 04:37P
MF Global examined over client money use
A day after the huge futures broker, run by Wall Street star Jon Corzine, filed for bankruptcy protection, CME chief Craig Donohue appeared to confirm media reports saying the company broke rules in tapping hundreds of millions of dollars in private
Updated: 11/01/2011 04:36P
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