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Obama campaign may return funds from MF Global s Corzine
Corzine, who is at the centre of a storm over the securities firm's bankruptcy this week, was a major fundraiser for Obama. The former Goldman Sachs [GS.N] chief has raised or "bundled" donations of at least $500000 so far for Obama's 2012 re-election
Updated: 11/02/2011 11:18P
Corzine Lived Up to Risk-Taking Reputation at MF Global Before Bankruptcy
Yet the bankruptcy exposed a lack of internal controls. The day it filed for Chapter 11 protection, New York-based MF Global disclosed a shortfall in customer accounts that people with knowledge of the matter said may be about $700 million. On Nov.
Updated: 11/02/2011 11:18P
Bailout unlikely for leaky Basement
Gordon Brothers, which was hired by Basement owner Syms Corp. to handle going-out-of-business sales at five Basement stores before yesterday's bankruptcy filing, declined comment. Basement liquidation sales are expected to start in mid-November.
Updated: 11/02/2011 11:17P
Store shutdown on Newbury St. leaves 'sought after' space
The two-story space being vacated by Filene's Basement on Boylston Street is the second major hit for the same landlord who lost Borders to bankruptcy earlier this year. But brokers say the Basement's 38000 square feet in the Newbry
Updated: 11/02/2011 11:16P
Cuban possible bidder for LA Dodgers in court-supervsied sale
Dallas Mavericks owner Mark Cuban is among possible bidders for the Los Angeles Dodgers after owner Frank McCourt agreed to a court-supervised sale following a bankruptcy filing and months of legal wrangling with Major League Baseball.
Updated: 11/02/2011 11:16P
Thompson & Knight Attorney Named a Fellow of the American College of Bankruptcy
governments, and individuals in all areas, including creditors rights, commercial and tort litigation, intellectual property, finance, banking, securities, mergers and acquisitions, taxation, corporate governance, real estate, labor, environmental,
Updated: 11/02/2011 11:13P
What Expenditure Can Be Put Down in a Bankruptcy Statement of Affairs
The Official receiver then has access to a manual and case law which helps him decide of your expenditure is reasonable for your needs and those of your family. I have often found that with a good argument and a no back down attitude it is often
Updated: 11/02/2011 10:55P
Avoiding Bankruptcy During Divorce: How to Protect Your Finances
As your credit cards, bank accounts and other financial statements are accessible by your ex-spouse, it's important to take steps to protect your credit. And if you don't think you need to take those steps, consider this sobering fact: a large
Updated: 11/02/2011 10:49P
DBSI trustee sues Foley & Lardner for cheating investors
Nov 2 (Reuters) - The trustee for a bankrupt real-estate investment company has sued Foley & Lardner, claiming that the law firm helped orchestrate a Ponzi scheme that cheated investors out of hundreds of millions of dollars. Filed Monday in Delaware
Updated: 11/02/2011 10:34P
O'Malley, Garvey interested in buying Dodgers
The investment group led by former Dodger greats Steve Garvey and Orel Hershiser is preparing a proposal buy the Los Angeles Dodgers in a bankruptcy court auction. An investment group led by former Dodger greats Steve Garvey and Orel Hershiser is
Updated: 11/02/2011 10:28P