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Bankruptcies Fall 8% in Fiscal 2011
US bankruptcies fell 8 percent in the year through September to 1.47 million as consumers reduced debt and fewer businesses sought to reorganize or liquidate, the American Bankruptcy Institute said.
Updated: 11/08/2011 02:32P
Time Warner Cable Said to Consider Bid for Dodgers' TV Rights
The auctions will be overseen by the US Bankruptcy Court in Delaware over the next several months. The Dodgers filed for bankruptcy in June. Time Warner Cable won't rule out being a partner in an ownership stake in the team, although that's an unlikely
Updated: 11/08/2011 02:29P
Dynergy Plans Bankruptcy
Dynegy Inc. (NYSE:DYN), a holding company involved in business operations related to generation and sale of electric energy, capacity and ancillary services said in a statement earlier today that one of its subsidiaries is going to seek bankruptcy
Updated: 11/08/2011 02:28P
Berlusconi promises to resign amid Italy debt woes
Eurozone finance ministers are working on ways to strengthen their 440 billion bailout fund and give it effective lending power of over 1 trillion through financial leverage and attracting money from private investors. Even that wouldn't be enough to
Updated: 11/08/2011 02:28P
Dems hit Romney on auto bailout opposition in new ad
Romney has defended his comments, saying that what ended up happening to Chrysler and General Motors is similar to the structured bankruptcy he was calling for his in his op-ed piece. "When I wrote that the auto industry was asking for a bailout,
Updated: 11/08/2011 02:25P
MOVERS & SHAKERS: Local business news
Lindeen said the company has made a number of offers in recent weeks and about a half-dozen people will be starting new jobs soon. “Part of the challenge is as we look at opportunities that lie ahead, we're looking to continue to add personnel,” he
Updated: 11/08/2011 02:23P
Time Warner Cable Said to Consider Bidding for Dodgers' Television Rights
The auctions will be overseen by the US Bankruptcy Court in Delaware over the next several months. The Dodgers filed for bankruptcy in June. Time Warner Cable won't rule out being a partner in an ownership stake in the team, although that's an unlikely
Updated: 11/08/2011 02:12P
Not Changing Our Jefferies Rating: Egan-Jones President
Egan-Jones President Sean Egan defended his firm's downgrade of Jefferies Group last week and said the rating wasn't going to be changed despite the firm's recent efforts because the environment is different since the MF Global bankruptcy.
Updated: 11/08/2011 02:08P
A2B Files for Bankruptcy
LONDON, UK – Yesterday, Ultra Motor Ltd. has filed for Administration in the UK which is comparable to the Chapter 11 bankruptcy protection in the US. The company has sold its subsidiary Ultra Motor Taiwan to a group of European private equity
Updated: 11/08/2011 02:02P
MF Global trustee reports 60% of futures collateral transferred
these positions at the time of the bankruptcy. This Court-authorized bulk transfer was the maximum relief available under the law and the circumstances, and it averts mandatory liquidation of the transferred positions under governing CFTC rules.
Updated: 11/08/2011 02:02P
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