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BNP Paribas Unit Sued for $1 Billion Over Madoff Redemptions
The Cayman Islands-based feeder fund, Harley International Ltd., transferred about $975.5 million to BNP Paribas Arbitrage, trustee Irving Picard said in a complaint filed yesterday in US Bankruptcy Court in Manhattan. Picard said he won a default
Updated: 11/03/2011 11:30P
Wallace Bajjali project files bankruptcy
By KAREN SMITH WELCH A troubled Waco development entered bankruptcy in October despite efforts to save it by the master developer of Amarillo's $113-million downtown project. Waco Town Square Partners, developer of the Austin Avenue Flats loft and
Updated: 11/03/2011 11:24P
Developer's past to be factor in school board decision
The documents show that Mulcahy spearheaded two projects that ended in Chapter 11 bankruptcy. In 1999, he pitched a condo/apartment plan to the Springfield City Council that he said would help revitalize the Enos Park neighborhood, according to State
Updated: 11/03/2011 11:17P
Mountain Town News
One private ski area in Montana's Big Sky complex is emerging from bankruptcy, but another one has entered bankruptcy. Moonlight Basin, which has 1900 acres adjacent to Big Sky's 3600 acres, has reached an agreement with Lehman Brothers to transfer
Updated: 11/03/2011 11:11P
MF Global s Corzine sued by investor over collapse
- In what could herald many such investor lawsuits, MF Global Holdings Ltd Chief Executive Jon Corzine and three other company executives were sued by a shareholder over the futures brokerage's collapse, leading to an Oct. 31 bankruptcy filing.
Updated: 11/03/2011 10:58P
Baseball History Repeats with 1941 and 2011 Dodgers
Team owner Frank McCourt filed for bankruptcy in June and agreed to sell the team in bankruptcy court this December. In the midst of the Great Depression the 1941 Brooklyn Dodgers teetered on the brink of bankruptcy as well.
Updated: 11/03/2011 10:43P
Former GM of Dodgers Is Interested in Buying
He will almost certainly be one of many potential suitors for the marquee franchise, which was placed in bankruptcy in June by its owner, Frank McCourt. Keep up with the latest news on The Times's baseball blog. McCourt agreed to sell the team this
Updated: 11/03/2011 10:34P
Anger Builds Over MF Global Mess - And Spells Trouble
There's frustration building in Lincoln, as well as at hedge funds in New York and among independent traders in Chicago, all affected by the MF Global bankruptcy. With money and trading positions frozen or potentially lost, some people are feeling
Updated: 11/03/2011 10:29P
Judge's partiality questioned, but scrutiny might be undeserved
The defendants are represented by K&L Gates and Kevin Forde in the bankruptcy dispute. Sidley Austin is handling the appeal on the recusal matter. Forde declined to comment. Jenner declined to comment. Wedoff said the ethics code prevented him from
Updated: 11/03/2011 10:25P
NB man indicted on bankruptcy fraud claim
NEW BRAUNFELS — A federal grand jury in San Antonio handed down an indictment this week charging a New Braunfels man with bankruptcy fraud. On Wednesday, the grand jury indicted Jack Texas Alves. An online service is needed to view this article in its
Updated: 11/03/2011 10:18P