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OC performance bracelet maker files bankruptcy
Spokesman Chris Thonis said Power Balance recently settled one lawsuit for $1 million and that reports seemingly originating with TMZ that the settlement was for $57.4 million are incorrect. The company, incorporated in Delaware, has assets of less
Updated: 11/22/2011 12:29P
Ted Field Claims His Film Company Was Stolen, Forced Into Bankruptcy
The millionaire media mogul alleges in outrageous detail how Radar Pictures was duped by several individuals claiming to be film finance experts. Frederick "Ted" Field, a mogul who co-founded Interscope Records, has produced more than 60 films and was
Updated: 11/22/2011 12:24P
Open Letter
The bankruptcy of Greece, Iceland and Ireland offers no lessons for our selfish leaders. Congressman John A. Boehner, Speaker US House of Representatives Good leadership would never allow the individual Congress persons to shirk and escape their
Updated: 11/22/2011 12:22P
William Lyon Homes Seeks Creditor Approval for Prepackaged Bankruptcy
NEWPORT BEACH, CA -- William Lyon Homes, which develops new home communities in California, Arizona and Nevada, today announced that it has commenced the solicitation of votes for a prepackaged plan of reorganization to facilitate its recapitalization
Updated: 11/22/2011 12:19P
EUR 585M in Claims Filed As Part of SCT Receivership
Receiver Leon Benigar Tosic assessed on Tuesday that the bankruptcy estate will not suffice to pay off ordinary creditors. The list of tested claims shows that accepted ordinary claims account for EUR 147.6m, conditionally accepted claims for EUR
Updated: 11/22/2011 12:17P
Core77 Ultimate Gift Guide 2011 Featured Item: SOL Survival Blanket
Bankruptcy! What's next? We're not hedging bets for 2012 just yet, but in case things don't turn out the way you'd expected, we've got you covered. Core77's Ultimate Gift Guide has everything you need to get through these hard times and survive through
Updated: 11/22/2011 12:11P
How MF Global Beat Red Tape
But let's not linger over this instance of business marketing and political propaganda masquerading as social science. Let's celebrate instead one of the many recent successes in liberating the private sector's boundless energies from the dead hand of
Updated: 11/22/2011 12:07P
Power to keep flowing, trustee appointed for SME
(AP) — A bankrupt electric cooperative has agreements with power suppliers to continue receiving power for its member cooperatives for at least a month, while a bankruptcy judge has agreed to appoint a trustee to oversee Southern Montana Electric's
Updated: 11/22/2011 12:06P
In times of crisis, rely on equities
Since the Lehman bankruptcy, defensives like FMCG and pharma stocks have performed distinctly better than gold. In recent years, gold prices have shot up significantly. Investors have found solace in the yellow metal, especially since equity markets
Updated: 11/22/2011 11:50A
MF Global liquidation presents unprecedented test of US bankruptcy regime for
In contrast SIPA does not apply to commodities brokers, which are instead liquidated in accordance with the provisions of Subchapter IV of Chapter 7 of the US Bankruptcy Code. The regulatory regime applicable to commodities brokers does not provide for
Updated: 11/22/2011 11:42A
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