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Quinta Industries seeks bankruptcy protection
PARIS -- Tarak Ben Ammar's Quinta Industries, one of Gaul's biggest post-production and vfx facilities groups, has been placed under Gaul's equivalent to Chapter 11 bankruptcy protection by a French court. The group, which includes LTC
Updated: 11/04/2011 12:02P
White Knight for MF Global Metals Team?
The metals trading team of MF Global has a white knight buyer lined up following the bankruptcy filing of its parent, with Macquarie Group Ltd. tipped as the possible purchaser, people familiar with the matter said.
Updated: 11/04/2011 12:01P
Jon Corzine steps down as investigations mount
As the scrutiny of MF Global's bankruptcy continues to mount, the trading firm's chief executive, Jon Corzine, stepped down and reportedly hired a criminal defense attorney. Corzine, who had previously served as a US senator and as the chief executive
Updated: 11/04/2011 12:01P
Thomas P. Ogden Joins Wollmuth Maher & Deutsch LLP
At Wollmuth Maher, he will continue his career in litigating major securities, bankruptcy, and other complex commercial matters. David Wollmuth, a co-founder of Wollmuth Maher, stated: "Tom and I have known each other for over 25 years and,
Updated: 11/04/2011 11:59A
Number of firms going bust rises to highest level in two years... but personal
'Moving forward, a toxic cocktail of wage freezes or low pay increases, high inflation and rising unemployment is pushing many people closer and closer to the precipice of bankruptcy. 'Low interest rates are a lifeline for many people who are
Updated: 11/04/2011 11:57A
MF Global's Missing Millions Spark FBI Investigation
Jon Corzine, filed for bankruptcy protection Monday. The discovery of the discrepancy scuttled an 11th-hour attempt by MF Global leadership to arrange a sale to Interactive Brokers. Authorities now want to know if the firm improperly dipped into
Updated: 11/04/2011 11:57A
Photowatt France filing for bankruptcy: ATS Tooling also puts Photowatt
In a move, not unexpected, ATS Automation Tooling Systems, PV module manufacturing subsidiary, Photowatt France is planning to file for bankruptcy in the French Courts after cutting production last month after attempts to find a buyer proved
Updated: 11/04/2011 11:55A
The Travel Detective on the Future of AAdvantage and All Miles Programs
With whispers of bankruptcy, consumers are wondering if their frequent flier miles are at risk. The Travel Detective takes to his blog to examine the future of American's AAdvantage Miles and all miles programs. American Airlines has had horrendous
Updated: 11/04/2011 11:54A
Number of firms going bust rises to its highest level in two years... but
'Moving forward, a toxic cocktail of wage freezes or low pay increases, high inflation and rising unemployment is pushing many people closer and closer to the precipice of bankruptcy. 'Low interest rates are a lifeline for many people who are
Updated: 11/04/2011 11:54A
MF Global trustee granted subpoena power
(Reuters) - The trustee liquidating MF Global's brokerage will have the authority to subpoena documents and examine personnel and the company's affiliates, creditors and counterparties, a bankruptcy judge ruled on Friday.
Updated: 11/04/2011 11:53A