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IN THE LIMELIGHT: MF GLOBAL
MF Global, a noted futures and options brokerage, filed for bankruptcy during the week as a $6.3 billion bet on Euro-bonds went awry. The potent combination of high leverage, volatile markets and poor risk management are believed to have lead to the
Updated: 11/05/2011 10:26A
Judge blocks request to deny trustee funds in Bujak case
BOISE — A US bankruptcy judge denied Canyon County's motion to dismiss the Chapter 7 bankruptcy trustee's attempt to recover close to $1 million from the county to pay John Bujak's creditors. The decision came Thursday after the county argued before
Updated: 11/05/2011 08:43A
Opposition role uncertain in Greek PM's coalition talks
Just hours after surviving a confidence vote in parliament, Greek Prime Minister George Papandreou launched efforts Saturday to form a short-term coalition government with the hope of securing enough bailout funds to save the country from bankruptcy.
Updated: 11/05/2011 08:39A
MF Global Clients Left in Limbo
By DEALBOOK When MF Global filed for bankruptcy on Monday, it left about 150000 accounts in limbo, with regulators struggling to recover the funds, reports The New York Times's Wealth Matters columnist, Paul Sullivan. Read more » Prime Minister George
Updated: 11/05/2011 08:32A
Allcare Dental Management files for bankruptcy, plans to sell assets
Allcare Dental Management filed for bankruptcy Friday, almost a year after the dental services chain abruptly shut down without notifying patients. The Clarence-based company plans to sell its assets to pay off its debts.
Updated: 11/05/2011 08:27A
Bujak sues Henry, law firm
Bujak and his wife filed Chapter 7 bankruptcy last November. Last month, Bujak waived his bankruptcy protection. County officials maintain that John Bujak owes the county $300000, but a judge Thursday dismissed the county's request to deny the
Updated: 11/05/2011 08:15A
Greek coalition government to shape soon: Papandreou
ATHENS: Structure to Greek coalition government will negotiate soon Papandreou said on Saturday, endeavouring to save the nation from bankruptcy. Papandreou told the Greek president that the nation had to forge a political consensus to prove it wanted
Updated: 11/05/2011 08:07A
Melting Dippin Dots Files For Bankruptcy - Could Hurt Zoos
Chapter 11 bankruptcy allows a company to continue its operations while it tries to restructure its debt obligations with its creditors, so don't expect immediate closings of the Dippin Dots stands just yet. Ultimately, if Dippin Dots is unable to pull
Updated: 11/05/2011 08:06A
Lebanon Township hopes to regain ownership of first aid squad building soon
Township attorney Richard Cushing said he was told by the squad's bankruptcy trustee's attorney that she would soon be filing to have the building “abandoned” by the bankruptcy court. Cushing said the trustee determined there were only two options for
Updated: 11/05/2011 08:02A
Bankruptcy proceedings for Nov. 5, 2011
Lolita Jo Isakson, Upham, Chapter 13, debts of $150237, assets of $99803. Isakson is a retail clerk. Mrs. Isakson is a farmer and rancher. Emmett D. and VerDella M. Nitschke, Jamestown, both retired, Chapter 7, debts of $88214, assets of $66011.
Updated: 11/05/2011 08:01A