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Bank to challenge bankruptcy proceedings in Northern Ireland
and the money was borrowed from an Irish bank governed by Irish law, the judge said. “To go North certainly raises a few questions, to put it at its lowest.” The issue of annulment of bankruptcy was for the Northern courts to decide but, as of now,
Updated: 11/14/2011 07:35P
Appaloosa buys stake in MF Global after bankruptcy
MF Global filed for bankruptcy after its bets on European sovereign debt unnerved investors, credit agencies, customers and counterparties, causing liquidity to disappear. Chief Executive Jon Corzine, one of Wall Street's best known executives,
Updated: 11/14/2011 07:30P
Station Casinos improves, narrows loss
In its first full quarter of operations post-bankruptcy, Station Casinos LLC on Monday reported a net loss of $18.37 million for the third quarter, a sizable improvement from the $265.8 million net loss in the same period last year.
Updated: 11/14/2011 07:25P
Deal struck in hotel bankruptcy
The two sides revealed on Monday in US Bankruptcy Court that they have reached a tentative agreement that will allow La Villita Motor Inns JV to emerge from bankruptcy and continue operating the 129-room hotel in the Main/Military Plaza Historic
Updated: 11/14/2011 07:18P
MF Global Sued by Former Employees Over 1066 Firings
Employees didn't get 60 days' advance written notice of the firings, as required by the Worker Adjustment and Retraining Notification Act, the plaintiffs said in court filings today in Manhattan bankruptcy court. Under bankruptcy law, wage claims may
Updated: 11/14/2011 07:08P
Crystal Cathedral hearing: Chapman offers $1 a month lease
A bankruptcy court judge will determine who should purchase the Crystal Cathedral campus in Garden Grove. 50% off! 1 session ticket (2 games) to an NCAA Division I Basketball Tournament for $10 By DEEPA BHARATH / THE ORANGE COUNTY REGISTER SANTA ANA
Updated: 11/14/2011 07:06P
MF Global staff file lawsuit claiming $25m in damages
The suit, filed in US Bankruptcy Court in Manhattan, alleges 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 07:02P
Judge to Decide on Crystal Cathedral Sale
Garden Grove - A federal bankruptcy judge today is considering two competing plans to acquire the debt-ridden Crystal Cathedral in Garden Grove. Even US District Judge Robert Kwan acknowledged in court this morning that the bankruptcy hearing to
Updated: 11/14/2011 06:57P
Court green lights transfer of MF Global funds to RBC
Court-appointed bankruptcy trustee KPMG Inc. and RBC 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 Dominion
Updated: 11/14/2011 06:54P
Klehr Harrison WARN Act Lawsuit Against MF Global Seeks $25 Million
MF Global filed for bankruptcy on November 1, 2011 and laid off 1066 employees on Friday November 11, 2011 telling them their employment was being terminated immediately, they would be paid thru November 15 and health benefits will be cut off November
Updated: 11/14/2011 06:52P
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