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'I don't pay' revolt challenges Greek coalition
The world's leading financiers are betting they can prevent bankruptcy in Greece with a bailout deal that will force strict austerity on its citizens, but that plan does not account for stubborn people like Olga Katimertzis. The 58-year-old has served
Updated: 11/17/2011 08:59P
Judge approves bulk transfer to MFGI customers
November 17, 2011 – New York, New York – James W. Giddens, the Trustee for the liquidation of MF Global Inc., is pleased that US Bankruptcy Judge Martin Glenn today approved the Trustee's request to allow the bulk transfer of 60% of the cash
Updated: 11/17/2011 08:59P
SP Newsprint Goes For Ch. 11 With Lenders' Cash Collateral
The Georgia-based company and its subsidiaries filed for bankruptcy on Tuesday, blaming weak economic conditions and rising costs for raw materials. At the hearing, Richard Stieglitz of Cahill Gordon & Reindel LLP, an attorney for SP Newsprint,
Updated: 11/17/2011 08:43P
For just 4 stations, Cumulus Media Partners files a "pre-packaged bankruptcy"
The Chapter 11 (reorganization) filing made in US Bankruptcy Court in Delaware today (11/17) is for a separate unit named AR Broadcasting Holdings. Radio-Info.com believes the filing affects only four stations: two in Kansas City and two in Houston.
Updated: 11/17/2011 08:37P
Frank McCourt says he has no intention of leaving L.A.
The beleaguered owner, who has run up at least $16 million in legal fees while taking the Dodgers into bankruptcy and contesting what is believed to be the most expensive divorce in California history, says he would like to put an end to his litany of
Updated: 11/17/2011 08:32P
MF Trustee to Use 'Whatever Legal Means' to Maximize Assets
The spokesman, Kent Jarrell, made the comment today when asked whether trustee James Giddens might consider “clawing back” money customers took from their accounts before MF Global's bankruptcy. Under bankruptcy law, a trustee can sue to try to recoup
Updated: 11/17/2011 08:23P
Frank McCourt says he has no intention of leaving L.A. | The Republic
The beleaguered owner, who has run up at least $16 million in legal fees while taking the Dodgers into bankruptcy and contesting what is believed to be the most expensive divorce in California history, says he would like to put an end to his litany of
Updated: 11/17/2011 08:18P
National magazine slams Alabama governor
It slams Bentley's handling of the Jefferson County financial situation and bankruptcy filing. WAFF-48 political expert Dr. Waymon Burke said the article will cause Alabama to suffer a PR blow. He said anytime a national publication, like Businessweek,
Updated: 11/17/2011 08:06P
SP Newsprint's Newberg mill still operating, but its bankruptcy could hurt
By Molly Young, The Oregonian SP Newsprint, the Georgia company that operates a Newberg pulp mill and a Clackamas recycling plant, filed for voluntary bankruptcy earlier this week. Company officials say the filing won't affect day-to-day operations.
Updated: 11/17/2011 07:59P
Muni Investors Undeterred by Jefferson Bankruptcy Add to Funds
17 (Bloomberg) -- Investors undeterred by the biggest municipal bankruptcy in US history added money to municipal- bond mutual funds for a sixth straight week. They deposited about $500 million in the period ended yesterday, Lipper US Fund Flows said
Updated: 11/17/2011 07:55P
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