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Greek party leaders to pick new premier for 15-week power-sharing government
Frustrated with Greece's political disagreements, the country's creditors have threatened to withhold the next critical 8 billion ($11 billion) loan installment until the new debt deal is formally approved in Greece. Greece is surviving on a 110
Updated: 11/07/2011 08:51A
Is the Internet Killing Your Favorite Restaurant?
But the problem for restaurants not playing the Internet marketing game is that these promotions, whether successful, are driving real traffic. That means eateries that are doing fine with word-of-mouth traffic are now threatened by rival restaurants
Updated: 11/07/2011 08:47A
Burns Says FBI Needs to See if MF Global Money Missing
7 (Bloomberg) -- Douglas Burns, a formal federal prosecutor, talks about the scrutiny of MF Global Holdings Ltd., which filed for bankruptcy protection last week. MF Global, which was run by Jon Corzine, a former New Jersey governor, is the subject of
Updated: 11/07/2011 08:45A
Delphi planning $550M IPO
It took Delphi four years to exit bankruptcy, but after a major restructuring and staggering losses, the parts maker is once again ready to sell shares to the public. The Detroit News reports that Delphi will offer a
Updated: 11/07/2011 08:42A
Greek leaders to pick prime minister of new government
Frustrated with Greece's protracted political disagreements, the country's creditors have threatened to withhold the next critical 8 billion ($11 billion) loan installment until the new debt deal is formally approved in Greece.
Updated: 11/07/2011 08:36A
Cabinet to discuss bankruptcy law changes
Justice Minister Alan Shatter is now proposing that individuals will be able to emerge from bankruptcy after three years rather than the current 12. There also plans for debt relief orders, where those with no assets can write off debt within a short
Updated: 11/07/2011 08:33A
Case of Sovestkaya Hotel's lessee postponed
A commercial court postponed until January 18 a hearing on the validity of the Sovetsky Hotel's own bankruptcy statement, the Russian Legal Information Agency (RAPSI) reported from the court. The Sovetsky Hotel is the lessee of the Sovetskaya Hotel.
Updated: 11/07/2011 08:32A
'Flip' clause in swap violates US bankruptcy law, Lehman says
Lehman's suit asks US Bankruptcy Judge James M. Peck of the Southern District of New York to declare that the clause violates the automatic bankruptcy stay. The complaint says BNY Mellon Corporate Trustee Services Ltd. and Topaz Finance Ltd.,
Updated: 11/07/2011 08:29A
Bankruptcy rates significantly higher in Scotland
With the country's greater dependence upon the public sector it is clear that many more Scots are suffering as cuts result in job losses. “The Scottish rate of bankruptcy is running at almost twice that of the [rest of the] UK and the signs are that
Updated: 11/07/2011 08:20A
Greek leaders to pick premier for power-sharing government
Frustrated with Greece's protracted political disagreements, the country's creditors have threatened to withhold the next critical C8 billion ($11 billion) loan installment until the new debt deal is formally approved in Greece.
Updated: 11/07/2011 08:16A
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