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New bailout threat as Greek right rejects austerity
ATHENS--Greece's conservatives vowed on Monday to reject any new austerity measures in return for the aid that is keeping Athens from bankruptcy, signaling a new coalition government may not enjoy the kind of cross-party support its lenders demand.
Updated: 11/15/2011 11:24A
Beacon Power May Face Bankruptcy Liquidation, Hires Advisers to Weigh Sale
(BCON), an energy- storage company that received $43 million in backing from the US program that supported failed Solyndra LLC, said it may face a Chapter 7 bankruptcy liquidation and has hired advisers to consider a sale. US Bankruptcy Judge Kevin
Updated: 11/15/2011 11:24A
Millions May Have Been Missing From MF Global Before Bankruptcy Filing (MF)
The Wall Street Journal reported that days before it filed for bankruptcy bank protection, hundred of millions of dollars might have gone missing from customer accounts at MF Global Holdings (NYSE:MF). The likelihood of a shortfall in customer funds on
Updated: 11/15/2011 11:20A
Assured Reviews Insurance in States Without Bankruptcy Framework
15 (Bloomberg) -- Assured Guaranty Ltd., the only active municipal bond insurer, said it will reconsider guaranteeing public bonds in states without procedures for reviewing and approving local bankruptcy petitions after filings by Alabama's Jefferson
Updated: 11/15/2011 11:17A
Anglo turns up heat in battle over 2bn losses
Anglo, now trading as the Irish Bank Resolution Corporation (IRBC), wants to overturn the bankruptcy of the Cavan businessman. Mr Justice Peter Kelly said in the latest round of the debts battle in the Commercial Court in Dublin yesterday that he was
Updated: 11/15/2011 11:12A
Baum Dropped As Freddie Mac Servicing Law Firm
by MortgageOrb.com on Tuesday 15 November 2011 Freddie Mac has ordered its servicers to stop referring new foreclosure or bankruptcy cases to the Amherst, NY-based law firm Steven J. Baum PC. Freddie Mac did not issue a formal press statement on its
Updated: 11/15/2011 11:09A
Judge in municipal bankruptcy comes ready to rule
He doesn't like to put off decisions or allow cases to be delayed, said attorney Buddy Oldshue, a shareholder in charge of the bankruptcy and creditors' rights section of the law firm Rosen Harwood PA in Tuscaloosa, Alabama. “Judge Bennett doesn't have
Updated: 11/15/2011 11:07A
Bankruptcies down 17%, District still No. 3 in nation
Attorney Kevin Paysinger with the Bankruptcy Law Firm of Lansing J. Roy said this time of year is considered a slower time for bankruptcy filings. “Consumers are focusing on family and the holidays and some will push their financial distress off to the
Updated: 11/15/2011 11:05A
Chicago Elderly Residence the Clare Files for Bankruptcy Protection
The not-for-profit facility listed both assets and liabilities of $100 million to $500 million, according to a filing yesterday in US Bankruptcy Court in Chicago. The Franciscan Sisters of Chicago Service
Updated: 11/15/2011 11:02A
Appaloosa Loaded Up On MF Global After Bankruptcy
Appaloosa Management clearly doesn't think that MF Global Holdings' shareholders will be wiped out by the futures brokerage's bankruptcy. The hedge fund took a huge stake in the firm two days after it filed for bankruptcy, a regulatory filing shows.
Updated: 11/15/2011 10:51A
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