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MF Global creditors' committee taps law firm Dewey
Nov 9 (Reuters) - Attorneys from Dewey & LeBoeuf have been tapped to represent the unsecured creditors' committee in the bankruptcy of fallen futures firm MF Global Holdings Ltd, according to two sources familiar with the matter.
Updated: 11/09/2011 04:58P
CBS 3 Springfield - WSHMMF Global customers regaining access to money
Entertainment News from AP WASHINGTON (AP) - Trading customers of the collapsed MF Global are regaining access to their money in accounts that have been frozen since the firm filed for bankruptcy court protections Oct. 31. The company that operates the
Updated: 11/09/2011 04:56P
Can PE Firms Use Chapter 11 to Credit Bid Away Landlords and Unsecured Debt?
It will be almost Christmas before we know, at least for portfolio companies that can file in the Delaware Bankruptcy Court. The case that will provide guidance is Friendly Ice Cream Corp., where Sun Capital, which is both equity owner and term lender,
Updated: 11/09/2011 04:55P
Fitch Downgrades Dynegy Holdings' IDR to 'D'; Places DYN on Rating Watch Evolving
DH and four of its wholly-owned subsidiaries filed for bankruptcy protection on Nov. 7, 2011. (Fitch does not rate any of the four subsidiaries.) DH also announced a restructuring agreement with a group of investors holding roughly $1.4 billion of
Updated: 11/09/2011 04:55P
Cain charges won't dominate Oakland University debate, moderators say
Though he typically favors bankruptcy, this wasn't an issue of two companies declining but a take down of the entire supply chain which "would have been devastating for our nation." "I don't want to second guess that," Snyder said of the federal aid to
Updated: 11/09/2011 04:51P
Braxton's Bankruptcy Was 'Really Great' For Her
AP Toni Braxton's heart is definitely “unbroken” when it comes to her bankruptcy case, in which most of her debt was discharged in August. She even has a new home in Los Angeles. “I'm very fortunate, my bankruptcy situation worked
Updated: 11/09/2011 04:45P
MF Global Creditors Hire Bienenstock of Dewey & Leboeuf
9 (Bloomberg) -- MF Global Holdings Ltd. creditors hired Martin Bienenstock of Dewey & LeBoeuf LLP to help them recover money in the eighth-largest bankruptcy in US history. The five-member creditors committee includes JPMorgan Chase & Co.,
Updated: 11/09/2011 04:45P
Unions Ground Air Canada's Low-Cost Carrier Plan
Air Canada, which teetered on the edge of bankruptcy two years ago, has struggled to bring down costs and turn consistent profits, and chief executive Calin Rovinescu says the low-cost leisure market is too good an opportunity to ignore.
Updated: 11/09/2011 04:44P
GM shares tumble as outlook disappoints
General Motors posted a lower third-quarter profit on losses in Europe and offered a disappointing outlook that raised doubts about the speed of its turnaround two years after emerging from bankruptcy. GM vowed to slash costs to shore up margins in a
Updated: 11/09/2011 04:40P
Customers of fallen MF Global regaining access to funds starting Wednesday
Article by: AP WASHINGTON - Trading customers of the collapsed MF Global are regaining access to their money in accounts that have been frozen since the firm filed for bankruptcy court protections Oct. 31. The company that operates the Chicago
Updated: 11/09/2011 04:33P