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Uncertainty continues for MF Global Canada clients
s bankruptcy affects “about $400-million” of client net equity – but it hasn't yet established whether the commodities and currency brokerage house has a financial shortfall that would require the fund to make up the difference for investors.
Updated: 11/08/2011 12:16P
Government planning to make bankruptcy simpler
Business Minister Edward Davey has announced proposals to 'streamline' the bankruptcy process for individuals and businesses, the Insolvency Service has announced. Under the proposals, struggling borrowers would be able to apply for
Updated: 11/08/2011 12:14P
Trading slowly resuming normality after MF Global debacle
THE fallout from MF Global's bankruptcy filing has continued on world exchanges this week, with a lowering of margin requirements needed to ensure former clients were not out of pocket as they moved to new brokers. All the major North American
Updated: 11/08/2011 12:14P
Cain Attacks Accuser's Credibility, Calls Her Claims 'Reprehensible'
Source: WLS-TV, November 7, 2011 In personal finances, PACER (Federal Court) records show that Ms. Bialek has filed for bankruptcy in the Northern District of Illinois bankruptcy court in 1991 and 2001. The respective case numbers according to the
Updated: 11/08/2011 12:10P
'Dippin' Dots' Bankrupt: No Longer 'Ice Cream of the Future'
Dippin' Dots, the company that has provided tiny ice cream dots with big flavor to baseball parks and malls, filed Chapter 11 bankruptcy Thursday. Dippin' Dots allegedly has $11 million in unpaid loans to the Alabama's only Fortune 500 Company,
Updated: 11/08/2011 12:09P
Bankrupt Asbestos Companies Does Not Mean Broke
The mesothelioma law firm of Clapper Patti Schweizer & Mason wants to make sure that those who have been injured from asbestos are aware of the fact that just because a major manufacturer or producer of asbestos containing products files for bankruptcy
Updated: 11/08/2011 12:06P
J.P. Morgan, BofA Named to MF Global Creditor Panel
Wilmington Trust and online trading company Caplin Systems Ltd. were also named to the creditors committee, according to a filing with the US Bankruptcy Court in Manhattan. Bankruptcy law allows the appointment of committees to make sure creditors or
Updated: 11/08/2011 12:04P
Kodak's Fate: Will Asset Sales Be Enough?
NEW YORK (TheStreet) --- Eastman Kodak's (EK) effort to avert a cash shortfall and potential bankruptcy could depend on how much its asset sales bring in. In earnings last Thursday, the company said it expects to
Updated: 11/08/2011 12:04P
JP Morgan, BofA Named to MF Global Creditor Panel
Wilmington Trust and online trading company Caplin Systems Ltd. were also named to the creditors committee, according to a filing with the US Bankruptcy Court in Manhattan. Bankruptcy law allows the appointment of committees to make sure creditors or
Updated: 11/08/2011 12:01P
MF Global, JP Morgan and the Missing $600 Million
MF Global, its lawyers and bankruptcy trustee James W. Giddens are investigating the role JP Morgan played in the disappearance of $600 million in customer money in the wake of MF Global's collapse, the WallStreet
Updated: 11/08/2011 11:59A
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