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MF Global may have moved funds in final days
The company was essentially earning money by receiving more interest on the bonds than it was paying to finance the instruments. MISSING MILLIONS The European debt trades pushed the company into bankruptcy, but the heat on MF Global now is why it
Updated: 11/02/2011 08:11P
Hotel loses Crowne Plaza affiliation
The Crowne Plaza Toledo lost its Crowne Plaza after its California-based owner Paradise Hospitality Inc. filed for Chapter 11 bankruptcy protection. The hotel, which plans to stay open but under a new name called the Plaza Hotel Downtown Toledo,
Updated: 11/02/2011 08:10P
Georgian Steel files for insolvency, production continues
The bankruptcy procedure is associated with legal battles over the plant's ownership between Georgian managers/businessmen and UK-registered Thamesteel, SBB is told by a source close to the matter. The confrontation may end up in the plant's sale,
Updated: 11/02/2011 08:08P
Brokerage hired to promote North Las Vegas land auction
12 bankruptcy auction of 1340 acres of land in the undeveloped Park Highlands planned community in North Las Vegas — one of the largest such auctions locally in years. Banks, which face steep losses on their $178.9 million in loans to the Park
Updated: 11/02/2011 08:07P
Sale of Dodgers heads to bankruptcy auction
Just days before the team was expected to miss payroll, the Dodgers filed for bankruptcy protection in late June. The move came after Selig refused to approve a 17-year-old agreement between the Dodgers' and Fox's Prime Ticket subsidiary that would
Updated: 11/02/2011 08:07P
Bankruptcy sale: Los Angeles Dodgers - everything must go!
Just days before the team was expected to miss payroll, the Dodgers filed for bankruptcy protection in late June. The move came after Selig refused to approve a 17-year-old agreement between the Dodgers' and Fox's Prime Ticket subsidiary that would
Updated: 11/02/2011 08:05P
Peter O'Malley joins list of potential bidders for Dodgers
That kind of money could attract wealthy foreign bidders or force prospective owners to join forces, sports marketing experts said. “Owners can come out of the blue,” said Marc Ganis, president of SportsCorp LTD, a Chicago-based consulting firm.
Updated: 11/02/2011 08:04P
MF Global Ch. 11 filing rattles US copper industry
Concern over the stability of financial institutions amid MF Global Holdings Ltd.'s bankruptcy filing has downstream players in the copper market worried about their own credit lines. Concern over the stability of financial institutions amid MF Global
Updated: 11/02/2011 08:00P
Owner 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 07:57P
Motion heard in Beacon Power bankruptcy
(AP) - A Massachusetts company that received a $39 million Department of Energy loan before declaring bankruptcy is asking a Delaware judge for permission to use collateral for the loan to help pay its operating expenses.
Updated: 11/02/2011 07:56P
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