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MF Global clients set to recover $520 mn; brokerage layoffs continue
A bankruptcy judge on Thursday will consider a request by James Giddens, the trustee supervising the liquidation of the MF Global Inc broker-dealer unit, to release $520 million to between 15000 and 21000 commodities customers who held only cash in
Updated: 11/16/2011 11:32P
Well-Known Bend Restaurateur Files For Bankruptcy
Restaurant owner Gavin McMichael has filed for Chapter 7 bankruptcy involving his personal finances, not his business debts. Public records show McMichael himself, not the restaurants, is close to $2 million in debt, and the filing lists more than 90
Updated: 11/16/2011 11:27P
Founder of Blacksmith, Gatsby's files for Chapter 7
9 filing in US Bankruptcy Court states that McMichael's debts were primarily business-related. His various businesses owe thousands of dollars to phone companies, food-product companies, utilities and others. He also has personal debts.
Updated: 11/16/2011 11:20P
Dodgers sue Fox Sports
Dodgers lawyers filed a complaint Wednesday in US Bankruptcy Court in Delaware, alleging lawyers for Fox Sports Net West, which runs the Prime Ticket regional sports network, violated the automatic halt to litigation against a debtor in bankruptcy by
Updated: 11/16/2011 11:10P
UPI NewsTrack Sports
16 (UPI) -- The Los Angeles Dodgers sued Fox Sports Wednesday, claiming the broadcaster is hindering the team's sale out of bankruptcy. Documents filed in US Bankruptcy Court in Delaware indicated the team wants Fox Sports to stop "interfering" with
Updated: 11/16/2011 11:05P
Fox wants Dodgers' bankruptcy case dismissed, slams McCourt, MLB
In a sharply worded court filing late Wednesday, Fox Sports said it would ask a US Bankruptcy Court to dismiss the Dodgers from bankruptcy. In the process, Fox slammed Major League Baseball as "Prime Ticket's former ally" and claimed the only reason
Updated: 11/16/2011 10:55P
Trailer Bridge files for Chapter 11
Florida-based Trailer Bridge on Wednesday filed for Chapter 11 bankruptcy in US after failing to reach agreement with lenders regarding the refinancing of its $82.5 million senior notes. The filing at the US Bankruptcy Court for the Middle District of
Updated: 11/16/2011 10:48P
Couple loses everything, begins journey in horse-drawn carriage
The Harrises went through their savings, filed for bankruptcy and finally gave up their home. By Edward Moody Mark and Deb Harris of Perry, Mich., never imagined life's journey would take them down an Indiana road on a horse-drawn wagon.
Updated: 11/16/2011 10:41P
Alumnus speaks at Halle Library
Justice Daniel S. Opperman, an Eastern Michigan alumnus, was the second speaker in the monthly lecture series “The View from the Bench,” hosted by the Political Science Department. On Monday he gave a talk at Halle
Updated: 11/16/2011 10:39P
After pilots union snubs offer, American's future clouds
With the two sides far apart, the company's stock continued to slide Wednesday as investment analysts speculated about a potential bankruptcy filing. Shares of AMR (ticker: AMR) fell 5 percent, closing down 10 cents at $1.82, the lowest since 2003.
Updated: 11/16/2011 10:38P
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