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As States Face 'Cash' Crunch
Since this motion was moved, many reactions have trailed what the senator termed, 'Looming Danger of Bankruptcy in States: The Need for Fiscal Evaluation'. Adetunmbi drew the attention of his colleagues to what he called "the great fiscal challenge and
Updated: 11/14/2011 08:54A
Equities and commodities rose after Italy and Greece rushed to form new
to the euro zone's debt crisis, fuelling risk appetite in markets. Equities and commodities rose after Italy and Greece rushed to form new governments to save the indebted nations from bankruptcy and fend off a wider financial meltdown in the eurozone.
Updated: 11/14/2011 08:54A
Can A Refinancing Be "Collapsed" With A Prior Leveraged Acquisition And
Within one month after the acquisition closing, the loan was repaid with the proceeds of a refinancing facility, which was also secured by the Debtor's assets. The Debtor defaulted under the refinancing facility shortly after closing.
Updated: 11/14/2011 08:52A
Dodgers, Dynegy, MF Global, Syms and Filene's: Bankruptcy
The distinctions make a difference because bankruptcy law cuts off damage claims on true leases of real estate to a maximum of three years rent. If the bank is correct and the documents are personal property leases or financings, then there is no
Updated: 11/14/2011 08:51A
Commentary: Filene's Basement's final discount
Discount retailer Syms Corp. and its subsidiary Filene's Basement have filed for bankruptcy protection and plan to close all 46 of their stores. Syms acquired Filene's Basement out of bankruptcy protection in the spring of 2009 for $62.4 million,
Updated: 11/14/2011 08:27A
MF Global's Steel Removed from LME Pool
LONDON—The repercussions of MF Global Holdings Ltd.'s bankruptcy are rattling the global steel market, with metal the brokerage firm owned in warehouses being removed from the delivery pool while administrators
Updated: 11/14/2011 08:27A
Anglo to challenge Sean Quinn's bankruptcy plans
By declaring bankruptcy in Northern Ireland, Mr Quinn would only have to wait one year before going back into business compared with 12 in the Republic under current leglisation. Although he was born and reared in County Fermanagh, much of his business
Updated: 11/14/2011 08:25A
MF Global: US Update as of November 9, 2011 - SIPC Trustee Announces Transfer
To the extent that accounts are not transferred, the Trustee will be establishing a claims process, which will be subject to bankruptcy court approval, for the customers and creditors of MFGI. Finally, the Trustee confirmed November 7 that,
Updated: 11/14/2011 08:11A
Another Guy To Blame At MF Global? Meet Jon Corzine's Right-Hand Man
Since MF Global declared bankruptcy, former CEO Jon Corzine has, justifiably, received more blame than anyone else at the company. But as the story unfolds, now we know there's someone he may be able to share it with — his former aide Bradley Abelow
Updated: 11/14/2011 08:11A
Lawyers seek to annul Sean Quinn bankruptcy ruling
Lawyers for the bank that was formerly Anglo Irish Bank say they will apply to annul the bankruptcy of Sean Quinn in Northern Ireland by the end of the week. They claim the courts in the North do not have the jurisdiction to deal with his insolvency
Updated: 11/14/2011 08:11A
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