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Olam says has 'very limited exposure' to MF Global
SINGAPORE - Singapore Commodities firm Olam International Ltd said on Thursday it has 'very limited exposure' to US brokerage firm MF Global, which filed for bankruptcy in the United States on Monday. 'We have very limited exposure,' Olam's spokeswoman
Updated: 11/02/2011 09:46P
What Went Down At MF Global
I seem to be smarter, with a better-functioning brain, this morning then I was last night in analyzing what may be the eighth-largest bankruptcy in US history: In stage zero MF Global sets up the financing with its counterparty and buys southern
Updated: 11/02/2011 09:40P
Olam says has "very limited exposure" to MF Global
SINGAPORE Nov 3 (Reuters) - Singapore Commodities firm Olam International Ltd said on Thursday it has "very limited exposure" to US brokerage firm MF Global , which filed for bankruptcy in the United States on Monday. "We have very limited exposure,"
Updated: 11/02/2011 09:37P
Judge Grants Motions Filed by Beacon Power After Bankruptcy
A Massachusetts company that received a $39 million loan from the Department of Energy before declaring bankruptcy won interim approval Wednesday from a Delaware judge to use cash collateral for the loan to help pay operating expenses during its
Updated: 11/02/2011 09:35P
Dodgers up for court-supervised sale
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 agreement between the Dodgers' and Fox's Prime Ticket subsidiary that would have
Updated: 11/02/2011 09:16P
Agreement to Sell Team Lifts Hopes for Dodgers
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 09:15P
Beacon Power Approved to Use Cash; Could Sell Some Assets
Matthew Troy, representing the US Energy Department, objected, asking Carey to restrict the use of the federal loan money only to help complete the company's plant in Stephentown, New York. “Tell us how use of the money will help the plant,” Troy told
Updated: 11/02/2011 09:12P
Vallejo Bankruptcy Over: City Emerges From Three Years Of Fiscal Nightmare
In August, US Bankruptcy Judge Michael McManus approved the city's plan to remove itself from Chapter 9 bankruptcy and, this week, that decision finally became a reality. "It's a culmination of a lot of hard work, tough decisions and a lot of courage
Updated: 11/02/2011 09:11P
Large Las Vegas Land Site Up for Bankruptcy Auction
Together, the banks hold a 48 percent interest in the $178.9 million defaulted loan on the property, which is being sold under Bankruptcy Section 363. Curt Allsop, senior associate, Investment Services, Land Group, will lead the assignment in
Updated: 11/02/2011 09:05P
Obama Administration Considered Bailout for Solyndra Before Bankruptcy
The California company received a $528 million federal loan before filing for bankruptcy protection and laying off 1100 workers. An Energy Department spokesman said the administration was cooperating with House investigators and has provided more than
Updated: 11/02/2011 09:05P
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