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RPT-MF Global clients face shortfall despite protections
unless he can locate the missing cash, Lubben said. Customers could have other options. If MF Global is found to have improperly commingled customer money, they could sue the parent company to try to recover more, said Chris Dickerson, a bankruptcy
Updated: 11/09/2011 06:47A
'Imperative' to form new Greek government: central bank
Greece's central bank chief said on Wednesday it was "imperative" for squabbling political parties to iron out differences and quickly decide on a unity government as the country faced bankruptcy, AFP reports. "I consider it imperative that a new
Updated: 11/09/2011 06:38A
MF Global clients face losses
unless he can locate the missing cash, Lubben said. Customers could have other options. If MF Global is found to have improperly commingled customer money, they could sue the parent company to try to recover more, said Chris Dickerson, a bankruptcy
Updated: 11/09/2011 06:38A
Seven Pro Sports Teams on the Brink of Collapse
Across the four biggest sports in the US, several teams have seen a decline in their attendance. While in some cases this is the result of moving to a new stadium with lower capacity, for the most part these teams simply do not win enough games.
Updated: 11/09/2011 06:38A
SIPC Trustee takes first steps to thaw frozen customer securities accounts
Following a telephonic hearing November 4, 2011, the Bankruptcy Court entered an order granting the Discovery Motion and denying the relief requested by the US Debtors in its Limited Response (the "Subpoena Order"). In its memorandum opinion issued
Updated: 11/09/2011 06:34A
Weathering the storm: Qimonda, patent licenses and § 365(n)
The court then addressed whether granting comity to German insolvency law would be “manifestly contrary to the public policy of the United States” within the meaning of Bankruptcy Code § 1506. The court explained that the public policy exception to
Updated: 11/09/2011 06:34A
Norton Rose Group | Bankrupt New Zealander bankrupted in Australia
3) [2011] FMCA 840 is another Australian cross-border insolvency case in which we have successfully tested the boundaries of the Cross-Border Insolvency Act 2008 (Cth) (the CBIA), this time with the Bankruptcy Act 1966 (Cth).
Updated: 11/09/2011 06:32A
Greece still waiting for new PM
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: 11/09/2011 06:32A
Greek leaders struggle to agree on PM |
ATHENS (Reuters) - Political leaders were scrambling unsuccessfully on Wednesday to find a new prime minister to lead Greece back from the brink of bankruptcy, after a plan to name a former central banker ran
Updated: 11/09/2011 06:24A
Bankruptcy filings continue to go down
"When people do make a big purchase, they pay cash as much as possible." Also, Bucki noted that bankruptcy filings by consumers are often driven by imminent seizure of a home or a car by a lender, since that process is automatically halted by a
Updated: 11/09/2011 06:18A
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