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Lehman Brothers Voting Deadline Nears With $160 Billion Backing Plan
Lehman, which filed the biggest bankruptcy in US history in September 2008, is proposing a $65 billion liquidation plan to pay what Daniel Ehrmann, its head of international operations, estimates are about $370 billion in claims.
Updated: 11/04/2011 10:32A
Corzine Resigns Under Fire
By Reuters NEW YORK (Reuters)—Jon Corzine has resigned as MF Global Holdings Ltd.'s chairman and chief executive, four days after the futures brokerage filed for bankruptcy protection, culminating a rapid downfall for one of Wall Street's best-known
Updated: 11/04/2011 10:31A
Greece In Chaos As Papandreou Faces Confidence Vote
Besieged at home and abroad by critics blasting his idea for a referendum on accepting more international bailout loans to stave off bankruptcy, Prime Minister George Papandreou abandoned the idea and offered the chance to build an
Updated: 11/04/2011 10:25A
PricewaterhouseCoopers | Bankruptcies plummet as consumers try to make ends
Get Flash Figures released today for the third quarter of 2011 by the Government's Insolvency Service reveal that overall levels of personal insolvency in England and Wales have continued to fall, with 30219 people entering into bankruptcy,
Updated: 11/04/2011 10:25A
Crystal Cathedral Bankruptcy: Members Outraged at Limos, Food Request for
Some members of the Garden Grove, Calif., Crystal Cathedral congregation are outraged after receiving an email asking them to deliver meals for the sick wife of the cathedral's wealthy founder, the Rev.
Updated: 11/04/2011 10:23A
Former NJ gov. steps down as CEO of MF Global
MF Global filed for bankruptcy protection on Monday after its bets on European debt spooked investors and trading partners. The company is under investigation by regulators and the FBI because hundreds of millions disappeared from customer accounts as
Updated: 11/04/2011 10:22A
KPMG International | Bankruptcies fall but personal insolvencies likely to
According to figures released by the Insolvency Service today, 30219 people went into bankruptcy or entered into an Individual Voluntary Arrangement ('IVA') or Debt Relief Order ('DRO') in the quarter ended 30 September 2011, an overall decrease of 11
Updated: 11/04/2011 10:19A
Manches LLP | Trouble & strife
Whilst nobody enters a marriage expecting it all to go wrong, in these rocky times, the threat of bankruptcy is ever present. It is often only at the time of bankruptcy, by this stage too late, that spouses realise how exposed they are to a
Updated: 11/04/2011 10:18A
Dippin' Dots files for Chapter 11 protection
PADUCAH - The ice cream of the future has filed for Chapter 11 bankruptcy protection. Paducah-based Dippin' Dots spoke with Local 6 Friday morning regarding the move. Steve Heisner, Director of Administration, said “Dippin' Dots, Inc. announced it has
Updated: 11/04/2011 10:13A
Bankrucy numbers fall
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Updated: 11/04/2011 10:12A