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Doubts on Sean Quinn finances
Serious questions have been raised about the true state of businessman Sean Quinn's finances by the legal official in charge of his bankruptcy. Mr Quinn, whose personal wealth was once valued at almost 5bn — but claims he now only has 11169 cash in
Updated: 11/21/2011 10:38P
Archdiocese explores insurance buyback option
Insurance companies could pay a portion of the Archdiocese of Milwaukee's sex-abuse settlements, despite court rulings finding them not liable, under a strategy being considered by the church's bankruptcy lawyers, according to a document filed in the
Updated: 11/21/2011 10:20P
MF Global Shortfall May Double, Exceed $1.2B
The parent, MF Global Holdings Inc., filed for bankruptcy to apportion returns to creditors. Giddens has so far brought $3.7 billion under his control, all of which has come from the former US depositories of MF Global Inc., according to his statement.
Updated: 11/21/2011 10:17P
Archdiocese to seek permission for victim therapy fund
Attorneys for the creditors have made it clear they will argue that the archdiocese is responsible for claims against religious order priests because they cannot operate in the archdiocese without the archbishop's approval.
Updated: 11/21/2011 10:15P
WSFA 12 News Montgomery, AL |Mediator appointed in Dodgers-Fox bankruptcy feud
AP Sports News Video More>> By RANDALL CHASE AP Business Writer DOVER, Del. (AP) - A Delaware bankruptcy judge has appointed a mediator to try to resolve a dispute between Fox Sports and the Los Angeles Dodgers over the ball club's plan to sell media
Updated: 11/21/2011 10:03P
Las Vegas Monorail to talk with creditors on new bankruptcy plan
The Las Vegas Monorail confirmed Monday it would work on a new plan of reorganization to emerge from bankruptcy following the rejection last week of its latest proposal. On Friday, Bankruptcy Judge Bruce Markell denied
Updated: 11/21/2011 09:50P
Trustee: MF Global losses double initial reports
AP Washington • The court-appointed trustee overseeing MF Global's bankruptcy says up to $1.2 billion is missing from customer accounts, double what the firm had reported to regulators last month. The trustee, James Giddens,
Updated: 11/21/2011 09:34P
Plan To Keep Power On For SME Customers
BILLINGS - A bankruptcy court hearing in Billings Monday morning should keep power flowing to more than 100000 customers of the financially troubled Southern Montana Electric Generation and Transmission Cooperative.
Updated: 11/21/2011 09:27P
WKRN, Nashville, Tennessee News, Weather and Sports |Mediator appointed in
Entertainment News from AP AP Sports News Video More>> By RANDALL CHASE AP Business Writer DOVER, Del. (AP) - A Delaware bankruptcy judge has appointed a mediator to try to resolve a dispute between Fox Sports and the Los Angeles Dodgers over the ball
Updated: 11/21/2011 09:26P
Law Firm Banned from Processing Foreclosures For Fannie Mae and Freddie Mac
The Steven J. Baum PC firm has been banned from handling foreclosure proceedings for Fannie Mae and Freddie Mac loans. “After Nov. 15, 2011, servicers may not refer any new Fannie Mae foreclosure or bankruptcy cases in New York to Steven J. Baum PC,”
Updated: 11/21/2011 09:21P