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BANKRUPTCY WEEK AHEAD: Washington Mutual To Update Court On Plan Talks
On Monday, Washington Mutual Inc. (WAMUQ) will head to Wilmington, Del., to update a bankruptcy judge on mediation efforts designed to reach a deal on a creditor-payment plan.
Updated: 11/04/2011 11:40A
Syms and Filene's file for bankruptcy and will close
On the subject of real estate, both chains occupy some choice locations in Manhattan and downtown Boston. In its Chapter 11 filing, Syms reported assets of $236 million, including nearly $100 million in real estate, and liabilities of $94 million.
Updated: 11/04/2011 11:38A
The "Ice Cream of the Future" Goes the Way of Solyndra
Dippin' Dots Inc., the self-described "ice cream of the future," filed for Chapter 11 bankruptcy protection Thursday in US Bankruptcy Court in Paducah, Ky., near its headquarters, after fighting off foreclosure efforts from Regions Bank for more than a
Updated: 11/04/2011 11:38A
Corzine Resigns as Chief Executive of MF Global
Jon Corzine, Chief Executive of MF Global Holdings Ltd., has resigned, just four days after the futures brokerage filed for bankruptcy protection. Corzine, in a statement issued by his spokesman, explained the decision to step down was his alone.
Updated: 11/04/2011 11:37A
No Syms/Filene's Basement for Fulton Mall?
Syms/Filene's Basement will be jointly administered during the bankruptcy, she said, and authorization is being sought to conduct going-out-of-business sales and approval for Cushman & Wakefield to assist in the sale of company-owned real estate.
Updated: 11/04/2011 11:36A
Horsehead seeks to transfer MF Global hedging contracts
Pittsburgh-based Horsehead is trying to transfer the majority of its hedging contracts it has with its clearing agent, a British affiliate of MF Global, which has filed for Chapter 11 bankruptcy protection. Zinc products manufacturer Horsehead Holding
Updated: 11/04/2011 11:31A
Bankrutpcy: Top five effects of bankruptcy
We find out about the top five effects that bankruptcy will have on you and how long these effects will last. Before you make the decision to go bankrupt, you must take bankruptcy advice and understand the effects of bankruptcy based on your personal
Updated: 11/04/2011 11:30A
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 11:29A
Sale of Dodgers a complicated process
You look at income, expenses, projected expenses, projected income, the media [rights] thing, the value of the real estate." Once all that is done, those prospective owners or groups will submit their bids. Even at that point, though,
Updated: 11/04/2011 11:26A
The World Mourns the Death of Dippin' Dots
It started with a tweet from a Wall Street Journal editor that spiraled out of control in cyberspace before the paper broke the bad news: Dippin' Dots, "The Ice Cream of the Future," has filed for bankruptcy. If you've ever been to Disneyworld or spent
Updated: 11/04/2011 11:25A
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