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SA's lessons in Greek tragedy
Faced with a 340bn debt projected to hit 160% of GDP by 2012, Greece is teetering on the brink of bankruptcy. The Greek electorate will be required to make a choice – yes to Euro membership and fiscal bailout or no to externally imposed sanction.
Updated: 11/03/2011 08:25A
Ableco, a Unit of Cerebrus Capital, Raises $15M for Bankrupt Deb Shops - cbl
Deb Stores filed for bankruptcy in late June of 2011. Named in the related SEC filing were Ableco Vice Chairman Kevin Genda, President Daniel Wolf, SVP Joseph Naccarato, and VP Peter Eschmann, along with Matthew Bloom. According to a June Philly.com
Updated: 11/03/2011 08:22A
Bankruptcy filings in Valley keep falling
For the latest month, 85 percent were Chapter 7 filings, which essentially allow debtors to start fresh after non-exempt assets are sold to repay creditors. Nearly all the rest were Chapter 13 bankruptcies, which feature court-supervised debt-repayment
Updated: 11/03/2011 08:19A
New James Bond Movie Coming
Sony Pictures will distribute the film, set to hit British screens next October and US theaters in November of 2012. You must be registered and logged in to post a comment. Please register or log in with the top right button on ArkansasMatters.com.
Updated: 11/03/2011 08:15A
MF Global faces mounting questions
While lawyers for MF Global were in bankruptcy court tying to assure a judge that all assets had been accounted for, more issues kept cropping up. The CME, the main SRO regulating the brokerage, issued a damning statement about the firm's recent
Updated: 11/03/2011 08:13A
MF Global U.K., BayernLB F-1 Stake, Lehman Bankhaus: Bankruptcy
Spain's opposition People's Party pledged to change the bankruptcy law to allow for debtors to be “freed” of their debts after their homes are seized for non-payment of mortgages. The measure would include “guarantees to avoid abusive behavior,” the
Updated: 11/03/2011 08:12A
Bankruptcies are on downward trend, statistics show
Stressful economic periods lead to stressful family finances, which in turn can lead to bankruptcy filings. Bankruptcy is not a panacea to lift up all your financial troubles and put a smile on your face, as late-night television
Updated: 11/03/2011 08:11A
Sale of Bankrupt Textile Firm Comes Apart at Seams
Martin Krupp, who is administering the bankruptcy for the plant's receiver, Kreenholmi Valduse AS, said that New Krenholm had changed its mind on the sale, which would have brought creditors an undisclosed sum. "Evidently they don't have money.
Updated: 11/03/2011 08:08A
One Tent-Dwelling Wall Street Occupier's Quest For Something Concrete
Unfazed by the weather, Collinge spent 20 minutes explaining the injustices of legislation such as the 1997 amendments to the Higher Education Act and of the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act. Among many things, the laws
Updated: 11/03/2011 08:07A
FTI TACKLES MF GLOBAL
The business consulting firm, which also offers services in M&A, bankruptcy/restructuring and tech consulting, also said it is advising Kodak. It renamed its FD PR division under the FTI banner during Q3. MF's bankruptcy filing this week
Updated: 11/03/2011 08:07A
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