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Crystal Cathedral bids with judge in Orange County
A federal bankruptcy judge on Monday was considering two competing plans to acquire the debt-ridden Crystal Cathedral in Garden Grove. Crystal Cathedral Ministry's board members have designated Chapman University as the “preferred
Updated: 11/14/2011 04:57P
Corzine's fortune could invite lawsuits over MF Global bankruptcy
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 04:53P
MF Global Employees File Separate WARN Lawsuits
The suits, filed in US Bankruptcy Court in Manhattan, allege that MF Global failed to provide 60 days notice of layoffs as required under federal law, and also under the New York WARN Act, which mandates companies give 90 days notice.
Updated: 11/14/2011 04:53P
UPDATE(2): Consent agreement fails, Harrisburg prepared for state takeover
The City is now prepared for a state takeover, unless bankruptcy is accepted. According to the Mayor's Office, a press conference will be held at 4 pm on Monday regarding the next steps in the City of Harrisburg's Act 47 process.
Updated: 11/14/2011 04:51P
10-Q: ROGERS INTERNATIONAL RAW MATERIALS FUND LP
On October 31, 2011, MF Global Holdings Ltd., the parent Company of MF Global Inc., then the Partnership's futures commission merchant, filed for bankruptcy protection under Chapter 11 of the Bankruptcy Code. The Securities and Exchange Commission and
Updated: 11/14/2011 04:50P
MF Global Clients Accuse JPMorgan of Overreaching in Bankruptcy
Former customers of MF Global Holdings Ltd. 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 JPMorgan Chase & Co.,
Updated: 11/14/2011 04:50P
Dynegy Posts Larger Loss, CEO Sees Mid-2012 Bankruptcy Exit
Dynegy Inc. (DYN) 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 by summer 2012.
Updated: 11/14/2011 04:50P
MF Global Staff File Separate WARN Lawsuits
The suits, filed in US Bankruptcy Court in Manhattan, allege that MF Global failed to provide 60 days notice of layoffs as required under federal law, and also under the New York WARN Act, which mandates companies give 90 days notice.
Updated: 11/14/2011 04:48P
NIBA petitioning to have MF Global seg funds released
The NIBA is forwarding this petition to the court in New York City handling the MF Global Bankruptcy. We are taking this action in behalf of all our members, including those who cleared MFG and those who did not. Although the CME has indicated it is
Updated: 11/14/2011 04:42P
Corzine's fortune could invite 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 04:39P
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