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Court filing: Random House can seek $36.4M from Borders
Under the agreement, filed in US Bankruptcy Court in Manhattan on Monday, Random House will receive an unsecured, non-priority claim worth about $800000 less than the publisher originally said it was owed for books it supplied to the chain.
Updated: 11/08/2011 05:02P
Priceline.com, Sotheby's, Fossil, Dynegy, Amylin Pharmaceuticals are among big
Article by: AP The power company said that one of its subsidiaries filed for bankruptcy protection after struggling with lower electricity prices. The company, which specializes in industrial machinery, said its fourth-quarter profit rose 54 percent as
Updated: 11/08/2011 05:01P
Peterffy Bought 8 Million MF Global Shares as Broker Collapsed
The week before MF Global filed for bankruptcy on Oct. 31, the New York-based company's shares fell 67 percent to $1.20. They have since dropped to 14 cents. "I started to buy the stock as it went down," Peterffy, chief executive officer of Greenwich,
Updated: 11/08/2011 04:56P
Dynegy's upside-down bankruptcy
By MarketWatch But in keeping with the company's bumpy past, this bankruptcy comes with a twist. Rather than tackle a financial restructuring in a way that protects bondholders, the Houston-based merchant power company is shaving bondholders while
Updated: 11/08/2011 04:56P
Ally Financial hires advisers on ResCap mortgage unit
Washington — Ally Financial Inc has hired financial advisers to consider options for its troubled mortgage unit Residential Capital LLC that could include a bankruptcy filing, two people briefed on the matter said. The Detroit-based auto and mortgage
Updated: 11/08/2011 04:56P
Live streaming video of Herman Cain 2 pm press conference
Meanwhile, Bialek filed for bankruptcy, according to court records, and claimed few personal assets while owing $4500 in unpaid rent and at least $13000 to four credit card companies. A county judge issued a $2200 judgment against her, then another
Updated: 11/08/2011 04:43P
MF Global Settlement Over Losses in Doubt Amid Bankruptcy Filing
8 (Bloomberg) -- A $90 million settlement of an investor lawsuit against MF Global Holdings Ltd. and its former parent, Man Group Plc, over a 2008 wheat-trading loss was cast into doubt by the futures broker's bankruptcy filing.
Updated: 11/08/2011 04:43P
These Seven Pro Sports Teams Are On The Verge Of Collapse
The owners of the Los Angeles Dodgers have recently agreed to sell the team, following a bankruptcy filing in June of this year. The team may sell for more than $1 billion — the highest in baseball history and a premium on the $800 million value Forbes
Updated: 11/08/2011 04:37P
Republic soars most since 2004 on Frontier separation
Republic Airways Holdings jumped the most since the shares began trading in 2004 after expanding its restructuring of Frontier Airlines and saying it plans to sell or spin off the carrier acquired out of bankruptcy in 2009. Agreements have been reached
Updated: 11/08/2011 04:34P
Republic Outlines Plan To Separate Frontier Airlines
(LUV) to buy Denver-based Frontier out of bankruptcy protection in 2009, one of two acquisitions designed to diversify from the low-margin business flying commuter planes on behalf of network airlines. The move turned sour under the weight of soaring
Updated: 11/08/2011 04:34P
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