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Why did MF Global collapse & what went wrong?
MF Global Holdings, which filed for bankruptcy protection this week, became the US' first casualty of the 17-member Eurozone debt crisis. The company, led by Jon S Corzine, former Goldman Sachs head and US senator,
Updated: 11/02/2011 04:41P
Frank McCourt to Sell LA Dodgers
Major League Baseball Commissioner Bud Selig has asked the US Bankruptcy Court to order the Dodgers sold. Frank McCourt had long said he would not sell the team. The Dodgers filed for Chapter 11 bankruptcy protection in June, after McCourt claimed
Updated: 11/02/2011 04:36P
Why did MF Global collapse and what went wrong?
in circumvention of law, placed bets on gold and silver futures traded on overseas commodity exchanges through friends and relatives who opened client accounts with MF Global overseas. With MF Global under bankruptcy protection and FBI entering the
Updated: 11/02/2011 04:32P
Hospital lawsuit re-filed in Indiana
A lawsuit claiming former employees of Northwest Indiana's first physician-owned hospital deliberately sent the company into bankruptcy has now been filed in the US District Court in Hammond. Another lawsuit had originally been filed a year ago in Cook
Updated: 11/02/2011 04:26P
Syms Enjoys Bankruptcy Bounce
That's what the market seemed to say Wednesday after the owner of retail chains Syms and Filene's Basement filed for bankruptcy protection. The shares surged 27%, valuing the company at $140 million. A good explanation for the reaction is hope that
Updated: 11/02/2011 04:25P
E.U.: Euro-Political Dream, Global Economic Nightmare
Happy holidays, everyone. Bankruptcy season is upon us! As anyone with an economic pulse knows, Corzine-led MF Global hit the bankruptcy/reorganization wall Monday, ending the Goldman-experiment-that-never-was. In short, MF Global “filed for bankruptcy
Updated: 11/02/2011 04:22P
American Biltrite Reports Third Quarter Results
The Company's former subsidiary Congoleum Corporation filed a voluntary petition for bankruptcy protection on December 31, 2003, with the United States Bankruptcy Court for the District of New Jersey seeking relief under Chapter 11 of the United States
Updated: 11/02/2011 04:20P
Minneapolis coin dealer fends off liquidation
s bankruptcy petition to Chapter 7, or a dismissal. A bankruptcy judge on Tuesday rejected the US Trustee's efforts to halt the reorganization of Minneapolis coin dealer International Rarities Corp. and move it either into liquidation or to dismiss its
Updated: 11/02/2011 04:17P
LA Dodgers saga hits bottom of the ninth
The Dodgers, one of the sport's biggest franchises, was placed in bankruptcy protection this summer and has been the subject of an ugly battle between Mr McCourt and Major League Baseball, which has tried to remove him as owner.
Updated: 11/02/2011 04:17P
Advisement Hearing For Embezzlement Suspect
The owners of the business had to file for bankruptcy protection and sell their business. They discovered the theft during bankruptcy proceedings. Detectives say Bratcher would hide the theft by falsifying entries in the business check ledgers,
Updated: 11/02/2011 04:15P
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