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PFGBEST® Takes Lead in Seeking Court Intervention to Release MF Global
CHICAGO--(EON: Enhanced Online News)--PFGBEST today assisted in the filing of a customer petition in the Southern District of New York Bankruptcy Court for intervention to release customer assets frozen in the aftermath of the demise of MF Global.
Updated: 11/02/2011 10:26P
PFGBEST(R) Takes Lead in Seeking Court Intervention to Release MF Global
CHICAGO, Nov 02, 2011 (BUSINESS WIRE) -- PFGBEST today assisted in the filing of a customer petition in the Southern District of New York Bankruptcy Court for intervention to release customer assets frozen in the aftermath of the demise of MF Global.
Updated: 11/02/2011 10:22P
MLB Notebook: Dodgers set for bankruptcy sale
By Anonymous 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 10:22P
McCourt, MLB agree to deal to sell Dodgers
McCourt filed for bankruptcy protection in June after the league rejected a 17-year TV contract with Fox, reported to be worth up to $3 billion, that he needed to keep the team afloat. Selig said that almost half of an immediate $385 million payment
Updated: 11/02/2011 10:11P
Hawaii Medical Center to close hospitals, if buyer not found
Hawaii Medical Center is scheduled to be back in bankruptcy court Monday, November 7. HMC has been trying to find a new buyer. In October, the Saint Francis Healthcare System decided against taking back the hospitals that it sold in 2007.
Updated: 11/02/2011 10:10P
Solyndra Execs Leave With Cash. Yours.
At The Corner, Andrew Stiles notes a report from Green Technology that Solyndra's executives substantial bonuses shortly before their company declared bankruptcy, having run out of your money. The taxpayers likely will be stuck with a $530 million bill
Updated: 11/02/2011 10:09P
MF Global brokerage has customer shortfall of $600 million, CFTC says
At a hearing 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 more than $100 million at stake, saying the move will help avoid
Updated: 11/02/2011 10:08P
Interest in bidding on Dodgers grows
An investment group led by former Dodger greats Steve Garvey and Orel Hershiser is preparing a proposal to buy the Los Angeles Dodgers in a bankruptcy court auction. Former owner Peter O'Malley told the Los Angeles Times on
Updated: 11/02/2011 10:08P
Greece jeopardizing world economy
Greek Prime Minister George Papandreau's call for a surprise referendum to the bailout deal he's been offered to save his country from bankruptcy is infuriating world leaders. (Nov. 2) (/CBS News) Correction: Clarification: SuperFan badge holders
Updated: 11/02/2011 10:05P
Black Friday 2011: Filene's Basement Files Bankruptcy, Stores to Close After
Filene's Basement, the famed discount store, filed for Chapter 11 bankruptcy protection and will close in January 2012 after the holiday season. The Syms Corporation, which also filed for bankruptcy,
Updated: 11/02/2011 10:04P