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Burr & Forman LLP | Burr Alert: The Effect of a Tenant's Bankruptcy on Its
The Effect of a Tenant's Bankruptcy on Its Commercial Nonresidential Lease November 2011 Under Bankruptcy Code section 362, the filing of a bankruptcy creates an "automatic stay" applicable to all creditors and other entities, including landlords.
Updated: 11/16/2011 01:02A
Post office losses mount to $5.1 billion
AP WASHINGTON The US Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive
Updated: 11/16/2011 12:56A
CME Knew of MF Global Fund Shortfall Before CFTC Regulators
CME, which was the overseer of MF Global, noticed the shortfall by Oct. 30 -- about a day before US regulators said they were told of the missing funds and the broker filed for bankruptcy protection, according to the person, who spoke on condition of
Updated: 11/16/2011 12:54A
3 top officials to resign at RainbowVision under deal in bankruptcy case
Three top officials have resigned at the RainbowVision Santa Fe retirement complex under a stipulated agreement of parties in an ongoing bankruptcy case. The resignations of Joy Silver, founding partner, president, CEO and acting director; Ava Stern,
Updated: 11/16/2011 12:52A
MF Global trustee moves to return USD 520m in client cash
The court-appointed trustee for the liquidation of MF Global Inc said his office has filed an application with a US bankruptcy court seeking approval to return about USD 520 million of client money that has been frozen since the broker-dealer filed for
Updated: 11/16/2011 12:48A
I have just 11169 in the bank, says former billionaire Quinn
The astonishing claims are contained in Mr Quinn's bankruptcy petition filed at the High Court in Belfast last week. But Anglo Irish Bank has alleged in actions in several countries that the Quinn family has been involved in a conspiracy to move up to
Updated: 11/16/2011 12:46A
Greece and private bondholders will begin thrashing out a deal on Thursday
Greece and private bondholders will begin thrashing out a deal on Thursday to halve its public debt, a key pillar of a bailout plan to save the country from bankruptcy and ejection from the euro zone, sources said on Tuesday.
Updated: 11/16/2011 12:40A
Harrisburg, MF Global, Madoff, Syms, A&P, The Clare: Bankruptcy
14 countering the state's contentions that a state law prohibited bankruptcy. The state relied on a law known as Act 26 which prohibited cities of Harrisburg's size from filing bankruptcy before July 2012. In papers written by lawyer Mark Schwartz,
Updated: 11/16/2011 12:39A
MF Global trustee moves to return $520 million in client
Open trading positions were transferred to other brokers a week ago, along with about 60 percent of their collateral, but clients with cash only were unable to move their money out. The distributions, applicable to those who held only cash in their
Updated: 11/16/2011 12:36A
AMR Bankruptcy Risk Rises as Lack of Pilot Deal Narrows Options
s board may need to weigh a bankruptcy filing after a second round of stepped-up talks with American Airlines pilots failed to produce an agreement on a new, cost-saving contract. Directors should consider alternatives now rather than watch cash
Updated: 11/16/2011 12:31A
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