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Date set for Jeffco bankruptcy eligibility hearings
The Jefferson County Commission has been given the dates for hearings on the eligibility of bankruptcy for the county. The bankruptcy judge set the hearing for December 15th and 16th. Attorneys for the creditors will argue against Jefferson County
Updated: 11/10/2011 02:20P
Alabama City of Leeds Is 'Lucky' to Sell Bonds Before Jefferson Bankruptcy
Jefferson County's commissioners voted 4-1 to file the largest US municipal bankruptcy yesterday after reaching an impasse over concessions with holders of $3.14 billion of bonds. “We feel very lucky,” said Patterson, who has been mayor for three years
Updated: 11/10/2011 02:19P
Lucas Papademos named Prime Minister of Greece: Tigran Sargsyan congratulates
He will lead a unity government that has pledged to quickly approve the tough terms of a European aid package and save the country from bankruptcy. The choice of Mr. Papademos, a former vice president of the European Central Bank, came after four days
Updated: 11/10/2011 02:15P
WSET.com - ABC13Ala. county files for largest municipal bankruptcy
(AP) - Alabama's most populous county filed the largest municipal bankruptcy in US history in an effort to retake control of its beleaguered sewer system and wipe away as much of its whopping $4.15 billion in debt as possible.
Updated: 11/10/2011 02:14P
ICE calls to release MF cash; trustee says not now
The IntercontinentalExchange , the second-largest commodity market in the world, joined a chorus of former MF Global clients in publicly calling for the bankruptcy court to return more cash to clients, even as the search continues for more than $600
Updated: 11/10/2011 02:14P
These Stocks Are Shifting Into Overdrive
The bankruptcy of General Motors (NYS: GM) in 2009 was a memorable example of the harsh reality of a struggling company hit with a difficult macroeconomic environment. Then there was Ford (NYS: F) , which experienced brutal operating losses for years.
Updated: 11/10/2011 02:12P
ATS Reports Second Quarter Fiscal 2012 Results
Other options in relation to PWF have been exhausted and given the aforementioned conditions, PWF's filing for bankruptcy became necessary. On November 4, 2011, PWF filed an application with French bankruptcy courts for the opening of bankruptcy
Updated: 11/10/2011 02:10P
Euro gains against dollar as Greece names new premier; speculation grows on
NEW YORK — The euro rose against the dollar Thursday after Greece named a new prime minister, raising hopes that the country will accept Europe's latest debt deal and fend off bankruptcy. The appointment of Lucas Papademos as Greece's new prime
Updated: 11/10/2011 02:08P
Euro gains against dollar as Greece names new PM
NEW YORK (AP) -- The euro rose against the dollar Thursday after Greece named a new prime minister, raising hopes that the country will accept Europe's latest debt deal and fend off bankruptcy. The appointment of Lucas Papademos as Greece's new prime
Updated: 11/10/2011 02:07P
Celebrate Veterans Day by promoting peace and justice, not war
comAs many former Borders buildings in Michigan sit vacant following the company's Chapter 11 bankruptcy filing ... I'm a veteran. I was in the Army, infantry, Vietnam. I think Veterans Day has been subverted from it's original intent and is now just
Updated: 11/10/2011 02:05P