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Paper empire crumples
Brant's fortune came from the paper business he inherited and expanded, though he has made a name for himself as an art collector and benefactor -- and as a highly regarded polo player. He opened the Brant Foundation Art Study Centre in 2009,
Updated: 11/16/2011 08:35P
CFTC may vote on 'MF Rule' to restrict use of client funds
It would govern how client assets may be invested in money-market funds as well as limit investments in foreign sovereign debt and internal repurchasing agreements. Gensler delayed the rule in July after being lobbied by broker-dealers and their
Updated: 11/16/2011 08:32P
McMichael Files Bankruptcy
Gavin McMichael says during the recent recession, they saw sales drop in half and their loan amounts triple. He explains why he filed for bankruptcy: “I file for individual bankruptcy. So if they're wondering what happens to the Blacksmith and Gatsby,
Updated: 11/16/2011 08:32P
Dodgers sue Fox for 'meddling' in MLB sale
The lawsuit was filed in US bankruptcy court on Wednesday in the state of Delaware, where Fox has filed a suit of its own against the Dodgers for alleged breach of contract. The Dodgers claim in their suit that Fox is trying to meddle with the sale of
Updated: 11/16/2011 08:29P
Delphi Prices at $22 a Share
Delphi Automotive, the auto parts maker that emerged from bankruptcy two years ago, priced its initial public offering at $22 a share, raising about $530.1 million, a person briefed on the matter told DealBook late on
Updated: 11/16/2011 08:26P
Harrisburg incinerator operator pushes back in memo
Harrisburg's repeated decisions to monetize the increasing market value of the facility by borrowing against it to finance operating costs while being run by the City, as well as funding non-facility City expenditures," Gilman wrote.
Updated: 11/16/2011 08:18P
Slovenian tube maker has entered bankruptcy, seeking a buyer
Slovenian welded tube maker Alpos is looking for buyers for its mills in Slovenia, Bosnia and Herzegovina and Serbia, Steel Business Briefing learns from the company's representative. The Slovenian mill at Sentjur is running at 30% of capacity,
Updated: 11/16/2011 08:15P
Warners to close jewelry business after 144 years
Jewelers, which filed for Chapter 11 bankruptcy protection in September, is going out of business. The 144-year-old Fresno company informed customers about the closing of the business through letters and a full-page advertisement today in The Bee.
Updated: 11/16/2011 08:10P
Bankrupt wireless firm got loan push from taxpayer 'superhero'
Mike Crapo of Idaho to the Department of Agriculture supported a loan-guarantee application for Open Range Communications, which the letter said would make it possible for millions of rural Americans to gain access to wireless Internet.
Updated: 11/16/2011 08:06P
Law firm with Port St. Lucie ties files for bankruptcy
LUCIE — A law firm representing a number of high-profile developers in the Treasure Coast has filed for bankruptcy. Law firm Ruden McClosky has filed for bankruptcy with plans to sell most of its assets to Fort Lauderdale-based law firm Greenspoon
Updated: 11/16/2011 08:00P
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