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Dynegy shares jump as bankruptcy losses limited
To think that it's not going to have some influence or impact on the bankruptcy case would probably be incorrect," said Jack Williams, law professor at Georgia State University. "It could be a situation where the bankruptcy court says 'Okay,
Updated: 11/08/2011 02:01P
Dynegy subsidiaries put into Chapter 11
Dynegy, the Texas-based electricity company, has launched a restructuring plan to tackle its crushing debt burden and filed for Chapter 11 bankruptcy protection for some of its subsidiaries.
Updated: 11/08/2011 02:00P
Petar Ganev: BDZ should act in state of crisis
"Railways virtually are going bankruptcy because government guarantees is activated, but there really would be an official bankruptcy if one of those who hold the debt, wants their money back. It can not be paid, just because this resource is not in
Updated: 11/08/2011 02:00P
CME letter to trading community on MF Global
The US Bankruptcy Code and CFTC bankruptcy regulations require that free credit balances be frozen at least on an interim basis, and that fully-paid securities and warehouse receipts may not be made immediately available.
Updated: 11/08/2011 01:55P
MF Global Reportedly Paid Bonuses Just Before Bankruptcy
Employees of the commodities firm in England were awarded their quarterly bonuses last Monday, the Telegraph is reporting, just hours before the company declared bankruptcy in the US The firm, which was run by ex-New Jersey governor and Goldman Sachs
Updated: 11/08/2011 01:51P
Owner of Swiss club faces forgery probes
Prosecutors in Geneva and Neuchatel suspect Chagaev of submitting a fraudulent Bank of America letter to a bankruptcy hearing last week which purported to prove he had $35 million in a New York account. Geneva prosecutor Yves Bertossa was quoted by
Updated: 11/08/2011 01:40P
Dodgers Judge Approves Legal Fees, Overrules US Trustee
US Bankruptcy Judge Kevin Gross said today the work was necessary for the team to win approval of a loan to continue operating while in bankruptcy. Gross overruled an objection filed by Mark Kenney, a trial attorney with the US Trustee's office in
Updated: 11/08/2011 01:38P
Bay Biz Buzz: Solyndra auction, Chevron, NovaPay Pharmaceuticals, Lyris, Wente
Fremont-based Solyndra's auction of its non-essential items raised $6.2 million, according to bankruptcy court records. The auction lasted two days, the court filing shows. Among the most expensive items were three electron microscopes, court records
Updated: 11/08/2011 01:38P
Chechen owner of Swiss club faces forgery probes
Prosecutors in Geneva and Neuchatel suspect Chagaev of submitting a fraudulent Bank of America letter to a bankruptcy hearing last week which purported to prove he had $35 million in a New York account. Geneva prosecutor Yves Bertossa was quoted by
Updated: 11/08/2011 01:32P
Chechen owner of Swiss club Neuchatel Xamax faces forgery probe over American
Prosecutors in Geneva and Neuchatel suspect Chagaev of submitting a fraudulent Bank of America letter to a bankruptcy hearing last week which purported to prove he had $35 million in a New York account. Geneva prosecutor Yves Bertossa was quoted by
Updated: 11/08/2011 01:28P
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