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What Happens When a Brokerage Firm Fails
MF Global filed for Chapter 11 bankruptcy on Monday, after negotiations of a rescue deal with Interactive Brokers Group (IBKR) were terminated, with various media reports that Interactive Brokers got cold feet because client funds were missing.
Updated: 11/02/2011 09:57A
Bankruptcy snags flywheel job
02--ANACONDA -- Plans to introduce new flywheel energy storage at NorthWestern Energy's Dave Gates Generating Station east of Anaconda are in question after the project contractor filed for bankruptcy Sunday. Beacon Power Corp., based out of Tyngsboro,
Updated: 11/02/2011 09:57A
Syms Corp. (SYMS) Is Attempting To Rebound
(SYMS: News ) and its wholly owned subsidiary Filene's Basement, announced Wednesday morning that they have filed voluntary petitions under Chapter 11 of the US Bankruptcy Code. Syms Corp. gapped open lower Wednesday, but has since traded to the upside
Updated: 11/02/2011 09:53A
LA Dodgers baseball team to be sold, bankrupt owner and MLB agree
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 09:52A
Frank McCourt, MLB agree to process to sell Dodgers
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 09:51A
Syms, Filene's file Chapter 11
SEACAUCUS, NJ (AP) - Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations. Syms had acquired Filene's Basement out of bankruptcy protection in the
Updated: 11/02/2011 09:49A
Toledo hotel loses Crowne Plaza label
By Larry P. Vellequette – Blade Staff Writer TOLEDO, OH (THE BLADE) - A downtown high-rise hotel has lost its Crowne Plaza affiliation and its California owner has filed for bankruptcy, records show. The hotel, on Summit Street, will stay open and will
Updated: 11/02/2011 09:47A
Consumer Bankruptcies Decline
Consumer bankruptcy filings declined in October for the fourth-straight month as households cut their use of credit by choice and by force. The 106255 personal filings last month were 19.6% below year-ago levels, the American Bankruptcy
Updated: 11/02/2011 09:47A
Will Mark Cuban Step to the Plate as Dodgers New Owner?
On Tuesday night, beleaguered owner Frank McCourt and Major League Baseball agreed to seek approval from bankruptcy court to place the sale of the Los Angeles Dodgers up for auction. Alas, Dodgers fans, there is a higher power…and his name might be
Updated: 11/02/2011 09:28A
Syms and Filene's unit seek bankruptcy protection
(AP) SECAUCUS, NJ - Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for Chapter 11 bankruptcy protection and plan to liquidate their operations. Syms had acquired Filene's Basement out of bankruptcy protection in the spring
Updated: 11/02/2011 09:25A
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