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Minnesota Bankruptcies (November 12, 2011)
Bankruptcy filings from the following counties: Becker, Clay, Douglas, Grant, Hubbard, Mahnomen, Norman, Otter Tail, Polk, Traverse, Wadena and Wilkin. Dean Basil Sims, Nevis, Chapter 7, debts of $163786, assets of $157868.
Updated: 11/12/2011 01:27A
Bankruptcy lawyer sells 4BD in Palm Harbor
11, 2011 George P. Flemming and Lynn Welter Sherman sold a four-bedroom, 3.5-bath home at 3968 Executive Drive in Palm Harbour to Kenneth E. Burns and Kathryn Lynn Burns for $495000 on Oct. 31. The 3658-square-foot house was built in 1995 in Presidents
Updated: 11/12/2011 01:23A
MF Global fires entire brokerage staff after going bust
“The lives of so many people have been disrupted. We did not even get told individually, we got a group e-mail,” said MF Global analyst Pierre-Yvan Desparois outside the company's offices in Manhattan. “The company had a lot of potential,
Updated: 11/12/2011 01:03A
CME offers $300 million to help unfreeze MF Global funds
NEW YORK • A futures exchange that handled trades by failed broker MF Global said Friday that it would cover as much as $300 million to help speed the release of funds frozen since the firm filed for bankruptcy protection. CME Group's announcement that
Updated: 11/12/2011 01:02A
Business news briefs for 11/12/11
Defunct trading company MF Global Inc. has terminated its entire workforce of 1066 employees in accordance with a bankruptcy court mandate, the trustee for its liquidation said Friday. Between 150 and 200 former employees are being hired to assist with
Updated: 11/12/2011 12:59A
State news briefs
A majority on the council has filed for bankruptcy protection in an effort to get the city's creditors to forgive $100 million of that debt, but the largest creditors have rejected that idea. Mayor Linda Thompson, who opposes the bankruptcy petition,
Updated: 11/12/2011 12:27A
Business Briefcase: Defunct trading company MF Global fires workforce
James W. Giddens, the court-appointed trustee for the liquidation of MF Global, said in a statement that the company is dismissing workers in accordance with a bankruptcy court mandate. Between 150 and 200 former employees are being hired to assist
Updated: 11/12/2011 12:24A
Defunct trading company MF Global fires workforce
That business is in charge of songwriting copyrights for such artists as Rihanna and Adele. The person spoke on condition of anonymity. The two-part sale, if approved by regulators, would further increase Universal Music's dominance in recorded music
Updated: 11/12/2011 12:24A
American, pilots' talks bring no deal
Bankruptcy rumors have buffeted the company's stock in recent months. The union said the proposals from management included a 3.2 percent lump-sum or structural increase in the first year of the contract and 1 percent increases in the second,
Updated: 11/12/2011 12:24A
$300 million offered to help unfreeze MF Global funds
NEW YORK -- A futures exchange that handled trades by failed broker MF Global said Friday that it will cover as much as $300 million to help speed the release of funds frozen since the firm filed for
Updated: 11/12/2011 12:22A
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