Latest Legal Advertising News
Filene's Basement Files for Bankruptcy; Ends Bridal Gown Hunt
Discount retailer Syms Corp and its wholly owned subsidiary Filene's Basement filed for bankruptcy on Wednesday after failing to make ends meet during tough economic times, to the demise of many brides-to-be.
Updated: 11/02/2011 05:00P
Corzine Firm Shifted Millions Last Week: Regulator
"If they had good controls, there's bells and whistles that go off when you're trying to transfer money like that," he said. About $600 million of client cash is still missing, according to two officials with knowledge of the probe.
Updated: 11/02/2011 05:00P
Before states go bankrupt
By Sun News Publishing The recent alarm raised in the Senate over looming bankruptcy of as many as 27 of the nation's 36 states is worrisome. The Upper Legislative Chamber, which adopted a motion sponsored by Senator Olubunmi Adetumbi (ACN,
Updated: 11/02/2011 05:00P
Probe into MF Global deepens
A day after the futures broker, run by 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 customer accounts for
Updated: 11/02/2011 04:59P
Corzine's MF Global has customer shortfall of $600 million
At a hearing Wednesday in US Bankruptcy Court in Manhattan, MF Global's trustee won permission to transfer 50000 accounts where customers of the failed brokerage have 3 million positions and over $100 million at stake, saying the move will help avoid
Updated: 11/02/2011 04:59P
LA Dodgers owner agrees to sell club
Major League Baseball and Los Angeles Dodgers owner Frank McCourt agreed on a deal that will see the embattled businessman sell the legendary club to avoid a showdown in US bankruptcy court. McCourt had tried several moves to keep control of the team
Updated: 11/02/2011 04:56P
MF Brokerage Has Commodity Customer Shortfall of $600 Million, CFTC Says
At a hearing today in US Bankruptcy Court in Manhattan, MF Global's trustee won permission to transfer 50000 accounts where customers of the failed brokerage have 3 million positions and over $100 million at stake, saying the move will help avoid
Updated: 11/02/2011 04:52P
Obama campaign may return cash from MF Global's Corzine
Corzine, who is at the center of a storm over the securities company's bankruptcy this week, has been a major fundraiser for Obama. The former Goldman Sachs chief has raised or "bundled" donations of at least $500000 so far for Obama's 2012 re-election
Updated: 11/02/2011 04:48P
Syms, Filene's Bankruptcy: Vornado, the Shadow Partner
And after Syms declared bankruptcy on Wednesday, Vornado will likely remain unshaken, with perhaps the biggest impact of the liquidation being Filene's vacating a retail space Vornado owns in Union Square in New York. Vornado's resiliency came after
Updated: 11/02/2011 04:48P
Filene's unit and Syms bankrupt
NEW YORK (AP) - Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for bankruptcy protection and plan to close all 46 of their stores. Filene's is famous for its 'Running of the Brides' sales.
Updated: 11/02/2011 04:47P
Primary Categories