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A&P proposes restructuring plan to pay creditors and exit bankruptcy
Great Atlantic & Pacific Tea Co., 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,
Updated: 11/14/2011 05:39P
(Eds: Updates with MF Global spokeswoman declining to comment.)
Under a 2002 anti-corporate fraud law — which Corzine co-wrote as a US senator — CEOs of public companies must personally certify the accuracy of their company's financial statements. If client money was used by the firm for its own purposes,
Updated: 11/14/2011 05:34P
Monorail settles creditors' objections, but judge presses questions
The monorail managers count in three factors to plug the financial gaps: increased ridership stemming from the Project Linq shopping and entertainment complex proposed by Caesars Entertainment, more passengers from a reopened Sahara and greater access
Updated: 11/14/2011 05:27P
Kodak debtholders name Blackstone adviser-source
Kodak has hired Jones Day, a law firm known for restructuring cases, as well as restructuring firm FTI Consulting, but has denied that it intends to file for bankruptcy. It has been struggling to cope with the collapse of its film business.
Updated: 11/14/2011 05:25P
(Eds: Updates with more details of effort to recover money)
By AP | November 14, 2011 ALBUQUERQUE, NM (AP) — An Arizona business broker says his company has been forced into bankruptcy by an effort to get him to pay back a nearly $67000 commission from an Albuquerque real estate agent who is accused of running
Updated: 11/14/2011 05:22P
Catholic diocese hikes offer for Crystal Cathedral to $57.5M
A federal bankruptcy court judge could decide the fate of the ailing Crystal Cathedral Monday Nov. 14,2011 in a hearing aimed at approving a buyer for the church's sprawling Orange County grounds. (AP Photo/Jae C. Hong,File) (Jae C. Hong) SANTA ANA - A
Updated: 11/14/2011 05:21P
Ex-CEO's fortune could invite more lawsuits
After the MF Global bankruptcy, Corzine declined to take his $12 million severance pay. Legal experts say Corzine could be held personally liable for misrepresenting to investors the risks that the firm had taken. MF Global didn't list the European
Updated: 11/14/2011 05:19P
Dynegy loss widens; sees 2012 bankruptcy exit
Dynegy Inc. /quotes/zigman/598247/quotes/nls/dyn DYN -4.07% reported a larger third-quarter loss on lower-than-expected revenue and the company's top executive predicted that the units that filed for bankruptcy would exit Chapter 11
Updated: 11/14/2011 05:12P
MF Clients Accuse JP Morgan Of Overreaching In Bankruptcy
Former customers of MF Global Holdings Ltd. (MFGLQ) on Monday increased the clamor over money that has been trapped in the broker-dealer's bankruptcy, now two weeks old. One newly formed coalition of customers pushed back against JP
Updated: 11/14/2011 05:04P
Golf column: Deer Track North Course owners still planning redevelopment
The sale was canceled after the owners filed for Chapter 11 bankruptcy protection for the course in late June, but the case was dismissed on Aug. 19 and officially closed on Oct. 24, reinstituting the foreclosure. United States Bankruptcy Judge George
Updated: 11/14/2011 05:01P
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