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Fox Sports' Lawyer: Frank McCourt Abusing the Bankruptcy Process
It is clear that the team can be sold at a handsome price that will take care of all creditors without Fox having its rights violated, but McCourt continues to abuse the bankruptcy process in hopes of enriching himself.
Updated: 11/18/2011 03:17P
MF Global clients closer to refund
The administrators of MF Global's London-based business have begun to see the first return of funds to the collapsed broker since its bankruptcy just over two weeks ago. Clients of MF Global have complained that even funds held in segregated accounts
Updated: 11/18/2011 03:14P
Diocese of Orange buys Crystal Cathedral, 31 acres for $57.5 million
It seems a very complete response to my question, and it makes m A bankruptcy court judge has ordered the sale of the Crystal Cathedral and its nearly 31-acre campus in Garden Grove to the Catholic Diocese of Orange for $57.5 million.
Updated: 11/18/2011 03:11P
Greek government submits budget, EU/IMF team meets PM
As part of that process, representatives from the "troika" of the International Monetary Fund, the European Union and European Central Bank met Greek Finance Minister Evangelos Venizelos and Papademos on Friday. The officials, who made no statement
Updated: 11/18/2011 03:09P
Vancouver man buys Dallas Stars
On Friday, a bankruptcy court in Delaware approved the sale of the team to Gaglardi and confirmed the Stars' prepackaged bankruptcy plan. Gaglardi currently co-owns the Kamploops Blazers of the Western Hockey League. The Stars ownership team he heads
Updated: 11/18/2011 03:06P
Taxpayers on the hook as Beacon Power writes down NY plant
Beacon Power Corp. has written down the value of its Stephentown, NY, energy storage plant as it moves toward a bankruptcy liquidation of its assets, according to court and regulatory documents filed this week. Beacon Power formerly traded on the
Updated: 11/18/2011 03:05P
Venizelos Unveils Rosy 2012 Budget Draft
ATHENS – As Greece continues to teeter on the edge of bankruptcy and is surviving on a series of international loans, Finance Minister Evangelos Venizelos presented a 2012 budget blueprint that said the state would take in more money than it spends and
Updated: 11/18/2011 03:03P
US Judge Says He Will Approve MF Global Wheat-Trading Loss Settlement
The bankruptcy case is MF Global Holdings Ltd., 11-bk-15059, US Bankruptcy Court, Southern District of New York (Manhattan). To contact the reporter on this story: Bob Van Voris in Manhattan federal court at rvanvoris@bloomberg.net.
Updated: 11/18/2011 03:02P
Five myths about student loans
Many of the Occupy Wall Street protesters are struggling to repay student loans and want their debt to go away. An online petition calling for cancellation of all student loans has gathered more than 600000 signatures over the past 11 weeks.
Updated: 11/18/2011 02:59P
Mrs. Fields Near Deal to Refinance With Carlyle, Z Capital
Mrs. Fields, based in Salt Lake City, may file for a prepackaged bankruptcy if the swap isn't approved by next month, said the people, who declined to be named as terms are private. Private-equity firms Carlyle and Z Capital hold the majority of the
Updated: 11/18/2011 02:59P
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