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Tribune bankruptcy ruling could benefit Sam Zell
8, 2011 9:21 am Michael Oneal reports Judge Kevin J. Carey surprised everyone in the Tribune bankruptcy case when he said in his Oct. 31 opinion that holders of a deeply subordinated class of notes known as PHONES were being treated unfairly and should
Updated: 11/08/2011 09:27A
MF Global Canadian Clients Don't Know Where Their Money Is (MF)
With the MF Global (NYSE:MF) bankruptcy, Canadian clients don't know where their money is after a US regulator inadvertently transferred Canadian accounts of the failed US parent company unto a US derivatives clearing house, reports the Globe and Mail.
Updated: 11/08/2011 09:26A
Dynegy holding company files Chapter 11
7 filed for Chapter 11 bankruptcy protection. The Wall Street Journal reports that the filing could cause losses for bondholders and protect shareholders, including billionaire Carl Icahn, due to recent company restructuring. The Houston-based power
Updated: 11/08/2011 09:24A
Ala. county to consider filing historic bankruptcy
AP The Jefferson County Commission Tuesday is expected to consider whether to file the largest government bankruptcy in US history. The Birmingham News reports (http://bit.ly/uLiGAh) that the commission's administrative committee has approved a
Updated: 11/08/2011 09:22A
Dynegy subsidiary files for Chapter 11 bankruptcy protection
By: AP Dynegy Inc. said Tuesday that one of its subsidiaries is seeking bankruptcy protection as part of a plan that will force bondholders to take heavy losses while shielding major investors including billionaire Carl Icahn. The Houston power company
Updated: 11/08/2011 09:19A
FOX Carolina 21How to handle any debt
D) Bankruptcy is generally considered a last resort, given its strong emotional and financial consequences. Those considering this option should discuss their situation with a bankruptcy attorney. Since the 2005 bankruptcy reform laws went into effect,
Updated: 11/08/2011 09:17A
Report: Fourth Herman Cain Accuser Filed For Bankruptcy Twice, Has History Of
According to a new story in today's Chicago Tribune, the woman who accused Herman Cain of sexual harassment on Monday has a history of money problems and legal issues. In the latter case, she claimed $5700
Updated: 11/08/2011 09:16A
KCTV 5How to handle any debt
D) Bankruptcy is generally considered a last resort, given its strong emotional and financial consequences. Those considering this option should discuss their situation with a bankruptcy attorney. Since the 2005 bankruptcy reform laws went into effect,
Updated: 11/08/2011 09:16A
Borders Plan Proposes $36 Million For Random House
The fourth largest unsecured creditor from the Borders bankruptcy appears set to fare well if a judge approves a new payment proposal. In a court filing on Monday, the bankrupt bookseller and Random House proposed a plan that would give the publisher
Updated: 11/08/2011 09:09A
MF Global Gave Bonuses While on the Brink of Bankruptcy
If any further proof were needed that some corporations live on a completely different planet with completely different rules to the rest of the world, reports have emerged that MF Global (NYSE: MF) paid out bonuses hours before going
Updated: 11/08/2011 09:08A
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