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AP Source: JP Morgan buys LME stake from MF Global
Entertainment News from AP AP Source: JP Morgan buys LME stake from MF Global AP Source: JP Morgan buys LME stake from MF Global By JOSHUA FREED AP Business Writer A person familiar with the deal says JP Morgan is buying a stake in the London Metal
Updated: 11/22/2011 05:23P
Yavapai Downs ordered to be sold as part of bankruptcy proceedings
Yavapai Downs, which was forced to cancel its annual summer meet this year due to a bevy of financial issues, has been ordered sold by a US Bankruptcy Court judge as part of the proposed Chapter 7 liquidation plan.
Updated: 11/22/2011 05:17P
Brizzi agrees to pay Fair Finance nearly $200K
s bankruptcy trustee $195881—by far the largest settlement with a politician who received campaign contributions from the company's CEO, indicted Indianapolis financier Tim Durham. Under the deal filed Monday in US Bankruptcy Court in Akron, Ohio,
Updated: 11/22/2011 05:17P
US Labor Department recovers nearly $8 million in back wages, fringe benefits
"This settlement represents a remarkable recovery for a bankruptcy proceeding and is due to the coordinated effort of the Department of Labor's agencies, Department of Justice attorneys, the bankruptcy trustee and various federal contracting agencies.
Updated: 11/22/2011 05:16P
Bankrupty judge praises Alabama sewer receiver
BIRMINGHAM, Ala., Nov 22 (Reuters) - The receiver running the Alabama county sewer system at the heart of the biggest US municipal bankruptcy "has done a great job," a federal bankruptcy judge said on Tuesday. Federal Bankruptcy Judge Thomas Bennett is
Updated: 11/22/2011 05:16P
House Calls Corzine To Testify Over MF Global
A hearing scheduled for December 15 will focus on "decisions and events leading to the collapse of MF Global, the effectiveness of regulators in overseeing MF Global's activities, and the impact MF Global's bankruptcy will have on its customers," the
Updated: 11/22/2011 05:16P
Stocks in the Spotlight Tuesday
S&P Capital IQ analyst Phillip Seligman reiterated a Hold rating on the medical-technology firm and kept a $39 target price. "We remain positive on Medtronic's cash flow, cost control initiatives and efforts to enhance research and development
Updated: 11/22/2011 05:12P
Movie Review: 'The Muppets'
LOS ANGELES — You know times are tough when even the Muppets are facing bankruptcy, or worse, playing in a Muppet tribute band. What happened to the “rainbow connection”? That and more will be answered with nostalgic
Updated: 11/22/2011 05:09P
Lehman Paid $37.2 Million in Bankruptcy Fees in October
Lehman and its affiliates were holding cash and investments of $26.4 billion on Oct. 31, compared with $25.7 billion on Sept. 30. About $2.8 billion of the cash wasn't available for use, according to the filing. Marsal ended a fight for control of the
Updated: 11/22/2011 05:05P
Nearly $8M In Back Wages, Etc. Recovered From Security Company
The US Bankruptcy Court for the District of Maryland approved the global settlement allowing the US Department of Labor to recover the $7968744 in back wages, fringe benefits and 401(k) plan for former employees of USProtect Corp.
Updated: 11/22/2011 05:05P
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