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Cash strapped General Maritime Corp (GenMar) filed for relief under Chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court for the Southern District of New York on 17th November. Most of the company's subsidiaries – with the exception of those
Updated: 11/18/2011 05:07A

PSC votes to seek voice in SME bankruptcy
Montana's Public Service Commission members Thursday indulged in another binge of personal rancor and finger-pointing, this time over whether to get involved in a multimillion-dollar bankruptcy of an electric cooperative.
Updated: 11/18/2011 04:56A

MF Global collapse should prompt rethink of CFTC rule on CCP membership, say
The bankruptcy of MF Global has prompted major dealers to call for the Commodity Trading Futures Commission (CFTC) to rethink a rule that would prevent central counterparties (CCPs) from requiring clearing members to hold more than $50 million in
Updated: 11/18/2011 04:46A

Alior Bank turns three, getting stronger
The Polish bank launched in the period following the bankruptcy of Lehman Brothers, when the financial world was plunging deeper into crisis. However, the bank has more than just survived. At the end of 2011, it expects to service close to one million
Updated: 11/18/2011 04:34A

Italy must tighten belt, Monti says
By The Arkansas Democrat-Gazette Against a backdrop of anti-austerity protesters clashing with riot police, Italy's new premier appealed to Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged economic growth and
Updated: 11/18/2011 04:32A

FOX Carolina 21Crystal Cathedral to be sold to Catholic diocese
Entertainment News from AP By AMY TAXIN AP SANTA ANA, California (AP) - The Crystal Cathedral will sell its iconic, gleaming glass building to the Roman Catholic Diocese of Orange in an effort to get back on solid financial footing after declaring
Updated: 11/18/2011 04:28A

BDO oversees bankruptcy proposal
A bankruptcy proposal on behalf of an insolvent Halifax tax adviser will be heard in the Supreme Court of Nova Scotia on Nov. 25. Trustee BDO Canada Ltd. is acting on behalf of David Graham Harris of Harris Tax Advisors Ltd. BDO has made an application
Updated: 11/18/2011 04:26A

FOX5 Vegas - KVVUCrystal Cathedral to be sold to Catholic diocese
The move was approved Thursday by US Bankruptcy Court Judge Robert N. Kwan after a bidding war between the diocese and Orange County's Chapman University for the sprawling 40-acre property - and was opposed by many Crystal Cathedral congregants who
Updated: 11/18/2011 04:25A

Maguire files for bankruptcy
WATERBURY — The head of The Maguire Group, which has been under new ownership since its involvement in a botched construction project on Interstate 84, says the company's bankruptcy filing is not a sign of financial
Updated: 11/18/2011 04:25A

CBS 3 Springfield - WSHMCrystal Cathedral to be sold to Catholic diocese
The move was approved Thursday by US Bankruptcy Court Judge Robert N. Kwan after a bidding war between the diocese and Orange County's Chapman University for the sprawling 40-acre property - and was opposed by many Crystal Cathedral congregants who
Updated: 11/18/2011 04:22A

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