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Wadhwani and Shanfeld Bankruptcy Attorneys Launch New Website
The combination of overwhelmingly positive testimonials and the unseen range of information about bankruptcy law provided makes these Long Beach bankcruptcy attorneys the optimal choice for anyone with financial burden to get reliable and professional
Updated: 11/17/2011 06:14P
Probe finds MF Global used funds of customers
MF Global's internal records indicate that the company moved segregated customer funds in transactions as large as hundreds of millions of dollars at a time, these people said. The money was transferred out of the unit that houses the assets of
Updated: 11/17/2011 06:13P
In defense of Jon Corzine
And in the wake of the bankruptcy of brokerage firm MF Global, the media's portrayal of Jon Corzine, MF's ex-CEO and a former Democratic senator and governor in New Jersey, strikes me as profoundly unfair — and not just because he's a friend.
Updated: 11/17/2011 06:08P
Banks object to Rothstein information leak
Gibraltar Private Bank & Trust is objecting to the sharing of information between bankruptcy attorneys in the Scott Rothstein case and plaintiffs who are suing banks connected to the scheme. In an ongoing trial in Miami, attorneys for investors who are
Updated: 11/17/2011 06:07P
Wire fraud leads McAllen freight broker to prison
McALLEN — A federal judge sent a former freight broker to prison after he admitted to wire and bankruptcy fraud. US District Judge Randy Crane sentenced Alejandro “Alex” Mascorro, 41, to 54 months in federal prison without parole and ordered him to pay
Updated: 11/17/2011 06:01P
Alabama county bankruptcy was a surprise: receiver
A court hearing is set for December 15 on whether the county is eligible to file for Chapter 9, the section of the US Bankruptcy Code that covers municipal bankruptcies. Jefferson County's sewer debt includes $850 million of variable-rate demand notes,
Updated: 11/17/2011 06:01P
Bankruptcy judge approves the release of about $520 million to MF Global customers
The judge overseeing the bankruptcy of collapsed MF Global Inc. has approved the release of about $520 million to trading customers of the brokerage firm whose accounts have been frozen since Oct. 31. US Bankruptcy Judge Martin Glenn issued an order
Updated: 11/17/2011 05:58P
AMBAC FINANCIAL GROUP, INC.: Ambac Financial Reschedules Voting Deadline a..
In addition, the Plan objection deadline has been extended to December 30, 2011 and the Bankruptcy Court hearing relating to the confirmation of the Plan has been rescheduled for January 19, 2012. Ambac Financial Group, Inc., headquartered in New York
Updated: 11/17/2011 05:58P
Energy Secretary Steven Chu defends loan guarantee program before Congress
The Energy Department provided the California maker of solar panels with a $535 million loan guarantee and refinancing before it went bankrupt in August 2011. (Photo by Chip Somodevilla/Getty Images) In a high-profile showdown before Congress Thursday,
Updated: 11/17/2011 05:57P
Robert Shrum In defense of Jon Corzine
Corzine, one of the most principled and capable people I met in 40 years in politics, is a genuine progressive who ran for office for all the right reasons. He did so many right things. And now he's been turned into a poster boy for all that's wrong
Updated: 11/17/2011 05:57P
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