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IBRC to challenge Sen Quinn's bankruptcy
The Irish Bank Resolution Corporation, formerly known as Anglo, is to challenge Sen Quinn's bankruptcy. Mr Quinn applied to have himself made bankrupt in the High Court in Belfast on Friday. In his petition to the court in Belfast - which was obtained
Updated: 11/14/2011 08:08A
Not easy for students to bail out on loans
Filing for bankruptcy is never easy, and claiming bankruptcy when student loans are involved is even more difficult. Sam Rappos, a senior associate at Borden Ladner Gervais LLP in Toronto, notes that in the case of bankruptcy “the
Updated: 11/14/2011 08:02A
Los Angeles Dodgers' Chapter 11 case: no replay of Texas Rangers' drama
The Dodgers' bankruptcy reflected a desperate effort by McCourt to remain in control of the team despite his personal financial woes and the embarrassing allegations that emerged in the wake of his divorce from his wife (and co-owner).
Updated: 11/14/2011 08:01A
Jefferson County files for Chapter 9 bankruptcy
By Robert Carter North Jefferson News Jefferson County made dubious history on Wednesday afternoon, as officials filed papers to declare the largest municipal bankruptcy ever in the United States. The Jefferson County Commission voted 4-1 to petition
Updated: 11/14/2011 07:53A
Dippin' Dots Ice Cream Files for Bankruptcy
Once the self-proclaimed "Ice Cream of the Future," Dippin' Dots is seeking federal bankruptcy protection, a move the company said is aimed at staving off foreclosure on more than $11 million in loans. The Paducah, Ky.-based company filed for Chapter
Updated: 11/14/2011 07:53A
Business Bankruptcies
This is a list of recent business-related bankruptcies filed in US Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the case number. A Chapter 7 petition is for liquidation of the business; Chapter 11 (or Chapter 12 for
Updated: 11/14/2011 07:50A
New Greek govt faces attack on new property tax
ATHENS - Greece, in the throes of a new drive to reform its economy and avert bankruptcy, was facing a new campaign on Monday against one of the key measures, a property tax attached to electricity bills. Trade unions and local authorities said they
Updated: 11/14/2011 07:47A
IBRC will seek to have Quinn bankruptcy annulled
Lawyers for the Irish Bank Resolution Corporation (IBRC) - formerly Anglo Irish Bank - today said they will apply to annul Sean Quinn's bankruptcy in the North by the end of the week. In the Commercial Court in Dublin today the IBRC claimed that a
Updated: 11/14/2011 07:41A
Hunt intensifies for missing $600 million
On Friday, the bankruptcy trustee overseeing the liquidation announced that nearly all 1066 of the company's employees were losing their jobs, although as many as 200 could stay to oversee the dissolution of the company. MF Global says the disarray in
Updated: 11/14/2011 07:34A
IBRC to challenge Quinn
The commercial court heard this morning that the bank, formerly known as Anglo Irish, will be lodging papers in the Northern Ireland courts by the end of the week seeking the annulment of the bankruptcy of Sean Quinn. Mr Quinn was declared insolvent in
Updated: 11/14/2011 07:33A