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New proposals: a stepping stone for bankrupts
The banks could sign up to a code to agree to provide accounts to undischarged bankrupts. - Providing guidance for trustees in bankruptcy – drafting further detail about the circumstances in which a trustee should consider a claim against a bank and
Updated: 11/23/2011 03:40A
Arguments over legality of bankruptcy filing by Pa.'s capital city go before judge
At issue is whether City Council had the authority to file. Thompson says it didn't, and Corbett says it violates a four-month-old law that cuts off state aid to any "financially distressed" third-class city that files for bankruptcy.
Updated: 11/23/2011 03:33A
Tribune Co. to pay ex-CEO Randy Michaels $675000 in settlement
The company will also cover $50000 in Michaels' legal fees, according to documents filed Tuesday in US Bankruptcy Court in Delaware. Michaels, who resigned under pressure after news reports alleging he created a sexually charged "frat house" atmosphere
Updated: 11/23/2011 03:29A
Court declares bankrupt top-5 depositary
The bankruptcy application was filed by the depositary and it was put into bankruptcy administration for six months. The depositary told in court that in February 2011 it resolved to wind up, but had no money to pay the debts.
Updated: 11/23/2011 03:28A
Protest builds against unpopular Greek property tax
ATHENS — Opposition to an unpopular property tax imposed to help secure bankruptcy-saving EU loans gathered pace in Greece on Wednesday ahead of a new general strike called by unions against austerity cuts. The powerful syndicate of Greece's main power
Updated: 11/23/2011 03:25A
Buzz on business
WASHINGTON — The cash-strapped US Postal Service is raising rates for its more profitable express mail and priority mail shipping next year, part of its efforts to stave off bankruptcy. The new prices take effect Jan. 22 and include the introduction of
Updated: 11/23/2011 03:12A
Former billionaire Sean Quinn's downfall 'caused by fairies'
Sean Quinn was once Ireland's richest man, with a fortune of 4.7bn, before his huge gamble on Anglo Irish Bank shares toppled him into bankruptcy. But for some in his heartland on the Cavan/Fermanagh border, Quinn's downfall has more to
Updated: 11/23/2011 03:11A
More Money Missing from MF Global
The early estimates of the amount of money missing from MF Global customer accounts was $600 million, but the trustee overseeing the bankruptcy proceedings has revealed that the number is actually double that, totaling over $1.2 billion.
Updated: 11/23/2011 03:10A
San Diego Bankruptcy Lawyers Offering Help to the Thousands of San Diego
The San Diego bankruptcy attorneys at the law firm of the Golden State Law Group, whose Web site URL can be found at http://www.goldenstatelawgroup.com, hereby announces that the firm is offering a free initial consultation for the thousands of
Updated: 11/23/2011 03:10A
Law Offices of Kyle Norton, P.C. was Lauded in the 7/15/2011 Issue of Long
The Long Island Business News has featured the Law Offices of Kyle Norton, PC in their July 15, 2011 issue for their cutting edge free legal seminars centered around the topics of Bankruptcy (Chapter 7, 11 & 13), Foreclosure Defense & Exit Strategies
Updated: 11/23/2011 03:09A
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