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Gensler: MF Global Highlights Capital Shortfall Risks
4 and reports also say he's hired a criminal defense attorney. MF Global's bankruptcy trustee along with the CFTC, Securities and Exchange Commission and Chicago Mercantile Exchange(CME) are investigating missing customer funds that should have been
Updated: 11/08/2011 11:17A
Tribune Co. court ruling could benefit Zell
His point of entry could be a ruling by US Bankruptcy Judge Kevin Carey, who argues that holders of notes known as PHONES were being treated unfairly and should be able to recover at least a slice of a claim with an original value of more than $1
Updated: 11/08/2011 11:17A
DJ parties ... hours after being told he had gone bust
By Claire Murphy, Aoife Finneran and Alan O'Keeffe THIS is DJ Tony Fenton just hours after he was served with papers which ended up in his bankruptcy. 'Tone' showed no obvious signs of distress, although his face was covered by a mask at the Carton
Updated: 11/08/2011 11:14A
Dynegy Bankruptcy Takes Aim At Bondholders
Bondholders now clearly have control of the company's assets in a bankruptcy court, and the worst bondholders can do is the terms of this deal, but could also, in fact realize near 100% recoveries depending on the equity value of the company…
Updated: 11/08/2011 11:10A
Power-sharing talks in Greece drag on
Power-sharing talks between Greece's two main political parties entered their second day Tuesday, as European leaders stepped up the pressure for a quick resolution by holding back a vital rescue loan that the country needs to prevent a devastating
Updated: 11/08/2011 11:04A
Greek leaders meet to pick prime minister
Political figures said Tuesday that they were confident Greece will get a new prime minister soon and move toward approving the demands of a European bailout plan needed to avoid bankruptcy. Prime Minister George Papandreou and opposition leader
Updated: 11/08/2011 11:00A
MF Global's UK Staff Might Have Received Bonuses Hours Before Bankruptcy
Employees of MF Global's British offices may have received their quarterly bonuses last Monday, just hours before MF Global filed for chapter 11 bankruptcy in New York, The Telegraph is reporting. That's an interesting development, especially because
Updated: 11/08/2011 10:52A
Filene's Basement bankruptcy to cost 530 Mass. workers their jobs
The Filene's Basement bankruptcy will cost 530 Mass. workers their jobs, according to corporate owner Syms Corp. Plans to stage going-out-of-business sales and shut down Filene's Basement and Syms Corp. stores will cut the Massachusetts work force by
Updated: 11/08/2011 10:47A
Jefferson County Commission deliberating bankruptcy, sewer debt settlement
4, 2011, to discuss whether they will file for bankruptcy. Commission President David Carrington is in the foreground. The commission went into executive session on Tuesday, Nov. 8, 2011, to discuss the matter again. (The Birmingham News/Joe Songer)
Updated: 11/08/2011 10:47A
Syms Corp. stock to be delisted
This decision by Nasdaq comes following Syms announcement on November 2, 2011 that it and its subsidiaries filed petitions for protection under Chapter 11 of the US Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware.
Updated: 11/08/2011 10:45A
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