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MF Global judge sets hearing on cash transfers
Mr James Giddens, the trustee, on late Tuesday asked for court permission to release the money, which he said represents close to 60 per cent of the client cash that has been frozen at the MF Global brokerage for more than two weeks.
Updated: 11/16/2011 10:17A
MF Global Brokerage Trustee to Return Some Customer Money
Under bankruptcy law, assets must be shared equally among customers, so he can't release all the assets while money is missing from some accounts and until he knows the size of claims that will be filed for the collateral, he has said.
Updated: 11/16/2011 10:11A
The Daily Docket: Tribune Faces Creditor Challenges
Tribune Co. is pushing to get out of bankruptcy fast but is battling challenges from major creditor camps to the rejection of a Chapter 11 plan, which the company says is easily repaired. Read the Daily Bankruptcy Review article here.
Updated: 11/16/2011 10:10A
Greek government set to win confidence vote despite sniping
The ranks of students and workers are likely to be swelled by middle-class Greeks who have diligently paid their taxes and blame the four-year economic crisis on a corrupt political elite and rich tax evaders. Greece has witnessed mass rallies against
Updated: 11/16/2011 10:08A
Trailer Bridge in Chapter 11
Trailer Bridge has filed for Chapter 11 bankruptcy protection from creditors following a failed bid to refinance $82.5m worth of bonds. The Nasdaq-listed containership operator says it believes the filing in the Middle District Court of Florida will be
Updated: 11/16/2011 10:06A
Greek govt set to win confidence vote despite sniping
The ranks of students and workers are likely to be swelled by middle-class Greeks who have diligently paid their taxes and blame the four-year economic crisis on a corrupt political elite and rich tax evaders. Greece has witnessed mass rallies against
Updated: 11/16/2011 10:05A
Deals of the Day: Purgatory for MF Global Customers
MF GLobal: Some 33000 MF Global customers are stuck with no access to their cash more than two weeks after the securities firm filed for Chapter 11 bankruptcy protection. [WSJ] American: AMR Corp.'s board may need to weigh a bankruptcy filing after a
Updated: 11/16/2011 09:56A
Trailer Bridge Files for Bankruptcy Protection
US-Puerto Rico carrier Trailer Bridge filed for Chapter 11 bankruptcy reorganization on Wednesday, a day after failing to refinance $82.5 million in bond debt that became due Tuesday. The company said it will continue operation and has an agreement for
Updated: 11/16/2011 09:54A
Michael Vick -- Richest Bankrupt DUDE EVER!!!
Vick is required to submit financial documents to the bankruptcy court ... documents which TMZ has obtained. From July - Sept., 2011, Vick earned $11781848.68. Here's how the big stuff breaks down. On Sept. 13th, the Philadelphia Eagles sent Vick a
Updated: 11/16/2011 09:54A
Banking and Finance : Debt Free Bankruptcy Attorney gives latest news on debt
Com, the topic of bankruptcy filing numbers was discussed and it showed that 2011 has gone flat or even dropped a little bit with the number of Americans filing for bankruptcy. As many other experts predict, DebtFreeBankruptcyAttorney agrees that this
Updated: 11/16/2011 09:54A
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