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Suit Claims Foley & Lardner Helped Perpetuate $500 Million Ponzi Scheme
The fund ultimately collapsed and DBSI was forced into bankruptcy in 2008. Founded in 1980, Idaho-based DBSI built its business by acquiring interests in commercial and residential rental properties and selling fractions of its holding to investors as
Updated: 11/02/2011 07:30P
MF Global account transfer approved by judge
NEW YORK, November 2 – US Bankruptcy Judge Martin Glenn today approved the request by James W. Giddens, the Trustee for the liquidation of MF Global Inc., to allow the transfer of certain segregated customer commodity positions from MF Global Inc. to
Updated: 11/02/2011 07:29P
Burr & Forman Continues Growth With Three New Associates in Atlanta Office
He received his JD from Vanderbilt University Law School and his BBA, with Honors, cum laude, from the University of Georgia. Ryan D. Thompson practices in the firm's creditors' rights & bankruptcy practice group. Prior to joining Burr & Forman,
Updated: 11/02/2011 07:28P
Euro zone leaders and IMF give Greece vote ultimatum
EURO ZONE leaders and the IMF have handed down an ultimatum to Greece to pass an early referendum on its bailout or lose the 8 billion rescue loan it needs to avert bankruptcy within weeks. Greece had expected to receive the money from its
Updated: 11/02/2011 07:28P
Agreeing to Sell, McCourt Gives Dodgers Fans Hope
Now, after an ugly divorce, an angry battle with Major League Baseball and a decision to put the Dodgers into bankruptcy, McCourt on Tuesday night agreed during a meeting in his lawyers' offices in Manhattan to sell the Dodgers in a process that will
Updated: 11/02/2011 07:26P
How Many More Solyndras?
Another firm that received a loan guarantee from the Department of Energy has just filed for bankruptcy. Beacon Power had drawn down $39.1 million of the $43 million authorized by the DOE for the construction of its 20 MW energy storage facility in
Updated: 11/02/2011 07:24P
MF Global Bankruptcy Leads To Major Investor Concerns
That trustee is James Giddens of the law firm Hughes Hubbard & Reed LLP. The Securities Investor Protection Corporation (SIPC) is responsible for overseeing the liquidation process. According to Bloomberg, the SIPC "said the broker-dealer might not be
Updated: 11/02/2011 07:22P
What the MF Global bankruptcy means to you
You may have heard by now that MF Global, a somewhat obscure Wall Street investment firm run by former Goldman Sacher and former New Jersey Governor Jon Corzine, imploded on Monday, declaring bankruptcy after failing to find someone to buy it.
Updated: 11/02/2011 07:22P
Dolich, Claire Lead Group Aiming to Buy Los Angeles Dodgers
Dolich's group is the first to publicly announce its interest in making an offer for the Dodgers, whose sale comes after a bankruptcy filing and months of legal wrangling with Major League Baseball. “The goal of our group is to return the level of
Updated: 11/02/2011 07:21P
Dodgers headed to bankruptcy court auction with expected $1-billion sale price
NEW YORK— AP The process of finding a new owner for the Los Angeles Dodgers began early Wednesday when current boss Frank McCourt and Major League Baseball released a joint statement saying they had agreed to a court-supervised sale of the
Updated: 11/02/2011 07:18P
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