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Harrisburg, MF Global, Madoff, Syms, Lehman: Bankruptcy
The criminal case is US v. Madoff, 09- cr-00213, US District Court, Southern District of New York (Manhattan). Discount retailers Syms Corp. and subsidiary Filene's Basement LLC have an official committee to represent shareholders.
Updated: 11/16/2011 09:42A
Great Falls officials approve of appointing SME trustee
Butte-based US Bankruptcy Judge Ralph B. Kirscher on Tuesday set a hearing for 10 am Monday in federal court in Billings on the trustee matter. When a trustee is appointed, that person manages the business, Santoro said. "You displace the management,"
Updated: 11/16/2011 09:41A
MF Global Trustee Trying To Recoup $520 Million In Client Cash
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 09:37A
The Bankruptcy of Nations
Desperate to demonstrate their opposition to the SDRM, Mexican government's lawyers started writing CACs under New York law in the new bonds just days before they were issued in 2003. In Eric Helleiner's 2006 historical review of the SDRM and other
Updated: 11/16/2011 09:36A
Fort Worth Star-Telegram, Texas, Mitchell Schnurman column [Fort Worth Star
With fleet and ground service workers, American wants to outsource more than 1200 cabin-cleaning jobs, along with some bus drivers and fuel-station staff. That's one way American can net enough savings to offer a 6 percent signing bonus,
Updated: 11/16/2011 09:36A
In the Matter of Lehman Brothers - Part 2: Well Structured Messes
Section 365(e)(1) of US Bankruptcy Code provides that an “executory” contract may not be terminated or modified solely as a result of debtor filing for bankruptcy. Lehman also argued the application of the basic English law proposition that the
Updated: 11/16/2011 09:34A
Central Falls retirees say bankruptcy not authorized
NEW YORK - Retired police and firefighters from the City of Central Falls filed papers contesting the city's right to file for Chapter 9 municipal bankruptcy. The retirees contend the city's receiver, former state Supreme Court Justice Robert G.
Updated: 11/16/2011 09:32A
MF Global trustee moves to return $520 million in client funds
Nov 16 (Reuters) - 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 $520 million of client money that has been frozen since the
Updated: 11/16/2011 09:30A
MF Global trustee seeks to return $520million in client cash
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 09:29A
Debt Free Bankruptcy Attorney gives latest news on debt crisis
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 09:25A
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