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Offer for bankrupt Mocksville tobacco cos. faces roadblock
An offer by Raleigh-based CB Holdings to purchase three bankrupt tobacco companies in Mocksville is facing opposition from the bankruptcy trustee. The trustee, Peter Tourtellot, filed a motion to stop the sale last week arguing that the deal as
Updated: 11/07/2011 10:18A
Bulk of MF Global positions in Europe still open
By Melanie Burton and Jane Lee LONDON/KUALA LUMPUR (Reuters) - Nearly two-thirds of positions from the UK unit of MF Global were still open on Monday, a week after it filed for bankruptcy protection, sparking frustration about delays in moving business
Updated: 11/07/2011 10:17A
BEV BUTULA: GPO offers access to federal court opinions
According to the announcement, only three courts are currently available — US Court of Appeals for the Eighth Circuit, the US District Court in Rhode Island, and the US Bankruptcy Court for the Southern District of Florida. However, if you access the
Updated: 11/07/2011 10:11A
Monday Market Outlook: Subdued Volume in Wake of MF Global
Market sentiment is particularly hard to gauge this week in the aftermath of MF Global's bankruptcy fiasco, says Lichtenstein. Trading activity was significantly lower last week as the community, highly connected to MF Global, scrambled to put its
Updated: 11/07/2011 10:10A
VIP AGENT MORA GRANTED 4 YEARS-3 MONTHS JAIL SETTLEMENT
Mr Mora was brought to court on charges of bankruptcy fraud. Milan-based preliminary hearings judge Elisabetta Meyer today agreed to the term, but is yet to rule on whether Mr Mora's release - in jail at the Opera penitentiary as of June last. . .
Updated: 11/07/2011 10:08A
The Daily Docket: Dish Closer to Owning TerreStar, DBSD
Read the Daily Bankruptcy Review article here. Commodity Futures Trading Commission Chairman Gary Gensler removed himself from the MF Global Holdings Ltd. investigation, The Wall Street Journal reports, to eliminate any conflicts of interest because of
Updated: 11/07/2011 10:08A
Delphi files for $550M IPO
Delphi plans to trade on the New York Stock Exchange under the "DLPH" symbol — just more than six years after the company filed for bankruptcy in October 2005. The company exited bankruptcy in October 2009 after a four-year restructuring owned by its
Updated: 11/07/2011 10:07A
Bulk of MF Global positions in Europe still open (Reuters)
LONDON/KUALA LUMPUR (Reuters) – Nearly two-thirds of positions from the UK unit of MF Global were still open on Monday, a week after it filed for bankruptcy protection, sparking frustration about delays in moving business to new brokers and dampening
Updated: 11/07/2011 10:04A
Delphi sets IPO price at $22 to $24 per share
On March 31, 2011, Delphi secured a $500 million revolving credit line and a $2.5 billion term loan from JPMorgan Chase. The $2.5 billion loan proceeds, along with existing cash, were used to purchase ownership stakes held by General Motors and the
Updated: 11/07/2011 09:58A
Accounting News Roundup: MF Global's MFing Accounting; Tax Credits For
US Bankruptcy court judge Martin Glenn said at a hearing today that the brokerage trustee, James W. Giddens, can share documents and depositions with the Securities and Exchange Commission and the Commodity Futures Trading
Updated: 11/07/2011 09:54A
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