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IBRC to challenge Quinn Belfast move
The Irish Bank Resolution Corporation, formerly known as Anglo Irish Bank, 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,
Updated: 11/14/2011 09:28A
MF Global Firings, EU Credit Ratings, Olympus: Compliance
29 it planned to close its factory in Romania starting this year and cut 3500 jobs as part of a plan to reorganize its business. “We seized the assets as a precautionary measure to prevent Nokia from selling them before they pay their debt to the state
Updated: 11/14/2011 09:26A
Report: Jefferson County bankruptcy case could last "two to three years"
By Martin Swant --- The Birmingham News BIRMINGHAM, Alabama -- Jefferson County lead bankruptcy attorney Kenneth Klee says the county's bankruptcy case could last "two to three years," according to Bloomberg Businessweek. In a story published this
Updated: 11/14/2011 09:19A
Legal ruling slows Arkansas foreclosure sales
29 decision, the court held that a lender not authorized to do business in the state of Arkansas was not in compliance with the state's non-judicial foreclosure laws. That case, In Re Johnson, concerned objections filed by JP Morgan Chase Bank and the
Updated: 11/14/2011 09:13A
New Greek government faces attack on new property tax
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 supported
Updated: 11/14/2011 09:12A
Congress Investigating Open Range Bankruptcy And RUS Oversight of Broadband
Back in October Mobile WiMax operator Open Range Communications filed for Chapter 11 bankruptcy protection. At the time, many wondered about the $267 million loan the company
Updated: 11/14/2011 09:12A
Tribune's Next Chapter
Larsen spoke with Michael Malone, B&C deputy editor, about his plans for the group, both during and after bankruptcy. Is there a time frame for emerging from bankruptcy? I could certainly guess with you, but I don't have anything substantive to add
Updated: 11/14/2011 09:11A
Debt solutions firm welcomes government's bankruptcy reforms
With the latest insolvency figures showing a marked reduction in the number of bankruptcies, EuroDebt Financial Services, the leading debt management solutions provider of face to face advice, is welcoming the Government's proposals to cut the cost and
Updated: 11/14/2011 09:03A
State Representatives John Rogers and Paul DeMarco to address Jefferson County
By Sherrel Stewart -- The Birmingham News BIRMINGHAM, Alabama -- State Representatives John Rogers and Paul DeMarco will address Jefferson County's financial crisis this evening at a forum hosted by the League of Women Voters of Greater Birmingham.
Updated: 11/14/2011 09:02A
Ally May Put ResCap in Bankruptcy to Ease IPO: Corporate Finance
"I don't think this is an empty threat," Jody Lurie, a corporate credit analyst at Janney Montgomery Scott LLC in Philadelphia, said in a telephone interview. "They obviously indicated that they are done with mortgages." A default by the ResCap would
Updated: 11/14/2011 08:57A
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