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BREAKING NEWS: Frank McCourt Agrees to Sell Dodgers
McCourt and Major League Baseball have agreed to seek approval from the US Bankruptcy Court for an auction of the Dodgers. The sale is expected to include the team, Dodger Stadium and the surrounding parking lots, a package bought by McCourt for $421
Updated: 11/02/2011 12:07A
Trib investors could face legal trouble
Tribune Co. plans to modify its reorganization plan after a bankruptcy judge rejected it, a move that could expose investors and employees who profited from the company's disastrous buyout to litigation. Delaware Bankruptcy Judge Kevin
Updated: 11/02/2011 12:00A
'Small' HK exposure to MF Global
The US company filed for bankruptcy on Monday after a US$6.3 billion wager on European government debt. Mr Chan said local customers of the firm are mainly institutional investors. He said it had been meeting financial obligation to the local clearing
Updated: 11/02/2011 12:00A
MF Global Funds Are All Accounted For, Lawyer Tells Judge
MF Global, under investigation by US regulators after filing for bankruptcy protection, violated requirements that it keep clients' collateral separate from its own accounts, said CME Group Inc. Chief Executive Officer Craig Donohue on a conference
Updated: 11/01/2011 11:54P
UK escape route for our bankruptcy 'tourists'
Irish Bankruptcy UK is advising people how to declare themselves bankrupt in Britain, so they can crush their Irish debts. It defended the service, known as bankruptcy tourism, on the basis that the laws here on bankruptcy are so out of date that it
Updated: 11/01/2011 11:47P
McCourt agrees to sell Dodgers
McCourt and Major League Baseball have agreed to seek approval from the US Bankruptcy Court for an auction of the Dodgers. The sale is expected to include the team, Dodger Stadium and the surrounding parking lots, a package bought by McCourt for $421
Updated: 11/01/2011 11:45P
City Commission candidate tangled in financial woes
Dr. Stephen Brooks, associate director of Akron's Bliss Institute for Applied Politics, said candidates with troubled pasts have to convince voters to trust them. In Dayton, the five city commissioners have voting power on all significant spending
Updated: 11/01/2011 11:45P
Pennsylvania Interviewing Job Candidates for Harrisburg Receiver
And he did so after the council sought bankruptcy protection for city, the first for a US state capital in at least 40 years. The city of 49500 owes five times its general-fund budget because of an overhaul and expansion of a trash-to-energy
Updated: 11/01/2011 11:43P
MF Global Holdings files for Chapter 11
Futures and options broker MF Global Holdings (MFGH) and its finance subsidiary MF Global Finance USA Inc. have filed for Chapter 11 with the United States Bankruptcy Court for the Southern District of New York on October 31.
Updated: 11/01/2011 11:42P
Gazprombank in USD 100 million lawsuit against Amurmetal
The Russian Legal Information Agency reported that a commercial court has scheduled for November 28 its hearing of a USD 99.6 million lawsuit filed by Gazprombank against a Far Eastern steel manufacturer. Gazprombank is suing Amurmetal for debt that
Updated: 11/01/2011 11:41P
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