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Options that face BP if matters worsen
More radical measures would include accepting a takeover bid, trying to separate out the US business, or seeking bankruptcy protection.
Updated: 06/10/2010 05:30P

Bankruptcy Not On BP's Agenda
Oppenheimer analyst Fadel Gheit disregards such concerns, arguing that bankruptcy protection would only make sense to protect assets from unquantifiable
Updated: 06/10/2010 05:25P

Deep Debt & Bankruptcy: To File or Not to File Chapter 7 Bankruptcy
Almost 2 million Americans will file for bankruptcy this year. Should you be one of them? Filing for bankruptcy is expensive, complicated and time-consuming
Updated: 06/10/2010 05:24P

Treasury: GM will pick timing of stock offering
The stock offering is a key part of GM's recovery as it emerges from a government-led bankruptcy last year. "GM must determine that it is, in all relevant
Updated: 06/10/2010 05:24P

PA's Taylor-Wharton Closes $11M Asset Sale
The company filed Chapter 11 bankruptcy in November 2009. "We are pleased to opportunistically purchase these complementary assets through the bankruptcy
Updated: 06/10/2010 05:01P

Alberta bankruptcy filings jump 22% in March
The number of consumers filing for bankruptcy in Alberta spiked upwards in March.
Updated: 06/10/2010 04:56P

Stupak seeks to block Greektown Casino transfer
WASHINGTON “ US Rep Bart Stupak wants to halt the bankruptcy reorganization of Greektown Casino at least until the federal government
Updated: 06/10/2010 04:51P

Little Luck on the Auction Block for Salander's European Art
Distribution of the proceeds is governed by a deal Schupak struck in bankruptcy court, as well as the liquidation plan Salander-O'Reilly Galleries LLC saw
Updated: 06/10/2010 04:51P

Analysis - Possibility of BP bankruptcy seen remote for now
WILMINGTON Delaware (Reuters) - The chances of BP declaring bankruptcy to deal with oil-spill claims are remote for now, bankruptcy professionals said,
Updated: 06/10/2010 04:40P

Analysts still feel BP can cover Gulf costs
Because of BP's strong cash flow, analysts currently doubt that the costs of cleaning up the mess will push the company into bankruptcy.
Updated: 06/10/2010 04:33P

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