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Jefferson County could delay massive budget cuts planned for Dec. 1
In another matter, Petelos said the state's new immigration law compounded with the county's bankruptcy filing could do "a tremendous amount of damage for Jefferson County and the state of Alabama." "With the burden that the immigration law puts on our
Updated: 11/23/2011 08:33A
Quinn ordered to repay 417m
Business Sean Quinn filed for volunarty bankruptcy in Northern Ireland earlier this month. Photograph: Irish Times Bankrupt businessman Sean Quinn has been ordered by the Commercial Court to repay about 417 million to the Irish Bank Resolution
Updated: 11/23/2011 08:31A
Court orders Sen Quinn to repay 417 million to IBRC
Mr Justice Peter Kelly has adjourned to Monday his decision whether to grant IBRC, formerly Anglo Irish Bank, further summary judgment orders totalling about 1.6 billion against Mr Quinn, once Ireland's richest man. The bank had sought summary
Updated: 11/23/2011 08:31A
MoF Refers Bankruptcy and Financial Restructuring Law Initiative to the
The announcement was made following a meeting headed by HE Younis Haji Al Khouri, Undersecretary of MoF between committees from MoF, Ministry of Economy, Ministry of Justice, and the UAE Central Bank which took place at MoF's headquarters in Dubai
Updated: 11/23/2011 08:28A
GM's options for Opel may include a form of bankruptcy, analysts say
The future doesn't look too bright for Opel though, as options for restructuring could include a form of bankruptcy, according to analysts and bankers. GM needs to cut Opel's costs further and that means more jobs may be lost and some plants may be
Updated: 11/23/2011 08:22A
Jon Corzine , Ex-MF Global CEO, To Testify; Customers See Reason For Hope
(Nick Brown, Christopher Doering and Jonathan Stempel) - Former customers of MF Global Holdings Ltd got some good news on Tuesday, as the bankruptcy trustee secured more assets and the CME Group Inc expanded a guarantee to speed the return of frozen
Updated: 11/23/2011 08:21A
Greek conservative leader sends letter to EU/IMF
ATHENS Nov 23 (Reuters) - The leader of Greece's conservative New Democracy party sent a letter on Wednesday to the European Union and IMF saying he supported the terms of a bailout aimed at saving the country from bankruptcy. But Antonis Samaras also
Updated: 11/23/2011 08:16A
Power Balance owes Kobe Bryant, Kings big money
Power Balance — the makers of those wrist bands that a number of NBA players wear — has settled a class action lawsuit that said they were crap. There have been a few of those lawsuits and a lot of legal fees. Andnow the company is filing bankruptcy.
Updated: 11/23/2011 08:12A
Breakfast Meeting, Nov. 23
The Tribune Company, which is trying to emerge from bankruptcy protection, agreed to pay its former chief executive, Randy Michaels, $675000 in a settlement stemming from his abrupt resignation from the company last year,
Updated: 11/23/2011 08:12A
Jefferson County, Alabama, Files Historic Municipal Bankruptcy
To compound its already perilous debt crisis, Jefferson County lost a significant source of revenue when an occupational tax was struck down in court. Alabama's Legislature balked at allowing the County to institute any new taxes, forcing Jefferson
Updated: 11/23/2011 07:54A
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