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Dodgers, Fox Sports headed to mediation
The Dodgers and Fox have agreed to submit their dispute to mediation, US Bankruptcy Judge Kevin Gross wrote in an order issued Monday. Gross appointed retired judge Joseph Farnan, the mediator who shepherded the agreement for McCourt to sell the
Updated: 11/21/2011 03:59P
Chapter 7 Trustee Puts Marietta Office Building on Market for $4.7M
The Chapter 7 bankruptcy trustee responsible for Corporate Spectrum, the 188000-square-foot, Class B office property in Marietta, GA, has put the asset on the market through Bull Realty for $4.7 million. The two story building is just north of I-285,
Updated: 11/21/2011 03:53P
Senator Pat Roberts Wants Gary Gensler And Jon Corzine In The Hot Seat At MF
Pat Roberts, the senior Republican senator from Kansas, was on CNBC today and spoke about the Senate hearing that is being requested in the wake of MF Global's bankruptcy. Senator Roberts noted the turmoil out in farm country, as the frozen client
Updated: 11/21/2011 03:50P
Investing For Hard Times
That's why I'm heavy into technology. You can make money with technology, pretty quickly, and you need to do that because technology changes so fast. What was once 30-year property in the mainframe days, then 5-year and 3-year property in the PC days,
Updated: 11/21/2011 03:49P
Reading This Blog Will Make You Stronger, Faster
The company's revenue, which topped $52 million last year, has since slowed, hitting just $20 million through the end of October, according to the company's bankruptcy attorney, Garrick Hollander. “There's too much litigation,” Hollander told
Updated: 11/21/2011 03:41P
National Wholesale Liquidators to reopen
National Wholesale Liquidators will reopen in its flagship West Hempstead store on Hempstead Turnpike Tuesday, a location that was closed after the company filed for bankruptcy in 2008. A handful of elected and civic officials
Updated: 11/21/2011 03:38P
Monkey relocation
The US Bankruptcy Court for the Western District of Texas approved Monday the animals' transfer to the Born Free USA Primate Sanctuary in Dilley, Texas, 75 miles south of San Antonio. It will take at least three months to complete the transfer,
Updated: 11/21/2011 03:35P
Power Balance files for bankruptcy
wristbands with bold claims of health benefits and then bought the naming rights for the arena where the Sacramento Kings play (or would be playing if there wasn't currently an ongoing labor dispute) has filed for bankruptcy, according to reports.
Updated: 11/21/2011 03:35P
MF Global customer cash shortfall 'doubles to $1.2bn'
Bankruptcy trustee James Giddens said: "The amount of money MF Global should have segregated for customers may be short by $1.2 billion or more." He added that the figure could still change. Mr Giddens is leading an investigation into claims that MF
Updated: 11/21/2011 03:23P
Jefferies Group makes more cuts in European holdings
Jefferies Group Inc., the investment bank whose stock dropped in the wake of MF Global Holdings's bankruptcy, said it has again cut holdings in Greece, Ireland, Italy, Portugal and Spain. (Bloomberg) - Jefferies Group Inc., the investment bank whose
Updated: 11/21/2011 03:22P
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