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Los Angeles Dodgers outfielder Matt Kemp nears monster contract extension
The Dodgers, who were facing bankruptcy until owner Frank McCourt agreed to sell the team a few weeks ago, will ink the athletic center fielder to an eight-year, $160 million extension. The Dodgers had Kemp under control through next season,
Updated: 11/14/2011 03:59P
MF Global Canada client accounts moved to RBC Dominion
RBC and court-appointed bankruptcy trustee KPMG Inc. separately confirmed Monday that the Ontario Superior Court of Justice had approved the bulk transfer of all MF Global Canada customers' futures, equity and fixed-income accounts to RBC.
Updated: 11/14/2011 03:49P
MF Global Ex-Employees' Lawsuit Says They Were Fired Without Proper Notice
Employees didn't get 60 days' advance written notice of the firings, as required by the Worker Adjustment and Retraining Notification Act, they said in a filing today in Manhattan bankruptcy court. “Plaintiffs and all similarly situated employees seek
Updated: 11/14/2011 03:49P
A&P Files Bankruptcy-Exit Plan Based on Yucaipa, Goldman Sachs Financing
(GAPTQ), the supermarket company in bankruptcy, proposed a restructuring plan based on financing from an investor group that includes Ron Burkle's Yucaipa Cos. A&P, which announced the $490 million financing this month, will use the investment to pay
Updated: 11/14/2011 03:49P
RBC to take over client accounts of MF Global Canada; parent in Chapter 11
By The Canadian Press | November 14, 2011 TORONTO - RBC Dominion Securities is taking over the client accounts of MF Global Canada Inc., whose US parent filed for Chapter 11 bankruptcy in the United States at the end of October.
Updated: 11/14/2011 03:44P
Crystal Cathedral For Sale: Catholic Diocese Ups Offer To $57.5 Million
A Roman Catholic diocese raised its offer for the financially ailing Crystal Cathedral, home of the long-running televangelist show "Hour of Power," as a federal bankruptcy court evaluated competing bids for the sprawling grounds Monday.
Updated: 11/14/2011 03:34P
Baker & Hostetler LLP | Klidonas and Griffin Co-Author “Estoppel Does Not
However, the article points out that in the bankruptcy context, judicial estoppel has been used to preclude debtors who have failed to disclose the existence of law¬suits they possess against third parties “from pursuing concealed claims by taking
Updated: 11/14/2011 03:33P
US Muni Bonds Safe From Default Risk, Kroll Study Says
The study, released the week after Jefferson County, Alabama, filed the biggest municipal bankruptcy in US history, draws on data from more than 8500 defaults occurring from 1920 to 2010. The rating company, established in 2010, determined that the
Updated: 11/14/2011 03:28P
U.S. Muni Bonds Safe From Default Risk, Kroll Study Says
The study, released the week after Jefferson County, Alabama, filed the biggest municipal bankruptcy in US history, draws on data from more than 8500 defaults occurring from 1920 to 2010. The rating company, established in 2010, determined that the
Updated: 11/14/2011 03:27P
The Response to Occupy, Rick Perry's “oops”, MF Global's Bankruptcy and a
From one end of the spectrum, with Occupy, to the other, with MF Global, then to the tragi-comedy of Rick Perry's debate gaffe, and finally to the highest law of the land with the Supreme Court, this week's podcast has it all.
Updated: 11/14/2011 03:26P
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