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Womble Carlyle Sandridge & Rice | Lawyer Article: Stern v. Marshall (The Anna
Even today, years after Anna Nicole Smith's death, the case continues to make waves in bankruptcy law circles. Womble Carlyle attorneys Mike Busenkell and Ryan Cicoski have written an in-depth article on the Stern v. Marshall case for ABI Committee
Updated: 11/15/2011 07:52P
MF Global Puts Focus on Changing Rules for Customer Cash
Speaking at New York Law School on Tuesday, Chilton said regulators have no clear idea what happened to the money, and are still searching for clues. But in one scenario, some of that customer cash could have been used as collateral, and then lost as
Updated: 11/15/2011 07:43P
CFTC digs in at MF Global; customers organize
MF Global , which lost on big bets on European debt, filed for bankruptcy on Oct. 31 after a deal to sell itself to Interactive Brokers Group fell apart. A huge shortfall was discovered in the customer accounts of the company's brokerage,
Updated: 11/15/2011 07:40P
Tiny Rule Change at Heart of MF Global Failure: William D. Cohan
For years, the finance industry has been influencing the regulations that govern it, often with devastating consequences. For instance, in June 2004, the Securities and Exchange Commission -- then the chief Wall Street regulator -- without much fanfare
Updated: 11/15/2011 07:35P
UPDATE(5): Harrisburg headed for state takeover, Council members respond to Mayor
They also feel there was not enough shared pain, so they filed for bankruptcy. But Mayor Thompson, who wants to avoid bankruptcy because she says it's too expensive and highly uncertain, believes there could be another reason this is happening.
Updated: 11/15/2011 07:25P
Syms, Filene's Win Approval to Hold Going-Out-of-Business Sales
15 (Bloomberg) -- Bankrupt discount-clothing retailer Syms Corp. and its Filene's Basement LLC unit won court approval to conduct going-out-of-business sales to liquidate their inventory. The lead case is In re Filene's Basement LLC, 11-13511,
Updated: 11/15/2011 07:21P
Open Range sole bidder backs out, liquidation likely
The sole bidder in the bankruptcy auction for Open Range Communication's assets has backed out of purchasing the broadband company's assets, and liquidation is likely, according to court documents. Tothehome.com, a small Minnesota
Updated: 11/15/2011 07:16P
The Real Story On Solar Power And Energy Policy In America
The sensational headlines over the past two months regarding the Solyndra bankruptcy could give the false impression that the US solar energy industry is the primary beneficiary of energy-related federal subsidies and
Updated: 11/15/2011 07:15P
Purgatory for MF Global Customers
MF Global's slide into bankruptcy has been a costly snarl for thousands of traders and brokers who did business through the securities firm. More than 30000 accounts remain frozen. Colin Barr has details on The News Hub. The 52-year-old Mr. Gochberg
Updated: 11/15/2011 07:11P
Postal Service losses mount to $5.1 billion
Losses will only accelerate in the coming year, Postmaster General Patrick Donahoe warned, citing faster-than-expected declines in first-class mail. He implored Congress to take swift, wide-ranging action to stabilize the ailing agency's finances as it
Updated: 11/15/2011 07:07P