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With Accounts Still Frozen, MF Global Clients Look for Answers
The extent of the damage is far from clear nearly two weeks after the bankruptcy filing of MF Global, the stock and commodities broker formerly led by ex-New Jersey Governor Jon Corzine. Around $600 million of client money appears to be
Updated: 11/11/2011 12:09A
Telatron gets a new owner
A local telemarketer has a new owner that said it plans to keep the business in Erie. Telatron Marketing Group Inc., in bankruptcy since July 2008, was sold in US Bankruptcy Court in Erie on Thursday for $600000 to Y&B
Updated: 11/11/2011 12:08A
Occupy Birmingham Reacts To Bankruptcy
They're not surprised by the bankruptcy. For days the Occupy Birmingham activists have camped out on the corner of 5th Street and 20th Avenue in downtown Birmingham, waiting for their voices to be heard. The massive debt Jefferson County has battled
Updated: 11/11/2011 12:08A
The Dominion Club's reorganization plan in limbo
However, in an additional step in the proceedings, 14 people declined to give up their rights to sue business entities associated with HHHunt Corp., the club's owner and operator. Vernon E. Inge Jr., an attorney with LeClairRyan representing The
Updated: 11/11/2011 12:07A
Alabama's Jefferson County declares bankruptcy; $4 billion municipal Chapter 9
The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying astronomical rates for public services performed by a skeleton crew of county workers. Or it could simply mean tightening the belt another
Updated: 11/11/2011 12:06A
County's bankruptcy leaves uncertainty
AP County Commission President David Carrington says fiscal issues already caused cuts in services and jobs. By The Associated Press The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying
Updated: 11/11/2011 12:04A
Bankruptcy judge approves asset sales by Evergreen Solar
The company originally planned the sale intending for the buyer to keep operating the business as a going concern. No potential buyer expressed any interest in keeping the employees. Employees who will be losing their jobs will receive their severance,
Updated: 11/11/2011 12:03A
Dynegy
WHEN a firm declares bankruptcy, shareholders are typically wiped out and creditors seize control. On November 7th Dynegy, an energy firm, announced a more unorthodox kind of bankruptcy. Its bondholders and other lenders are likely to take a 10%
Updated: 11/10/2011 11:55P
MF Global customers who pulled funds before bankruptcy might face clawback attempt
But their relief may prove premature depending on the outcome of a separate, 4-year-old bankruptcy case involving Sentinel Management Group Inc. The lawyer overseeing that case has gone to court to try to force some of Sentinel's former clients to take
Updated: 11/10/2011 11:48P
Jeffco bankruptcy....what will it mean?
(AP) — The biggest civic bankruptcy in American history could leave residents of Alabama's most populous county paying astronomical rates for public services performed by a skeleton crew of county workers. Or it could simply mean tightening the belt
Updated: 11/10/2011 11:39P
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