All Entries in the "Bankruptcy" Category
Hopes Rise over Unwinding of Lehman’s Assets
The administrator of Lehman Brothers? German business has sold $2.4 billion of claims against the failed bank to a group of distressed debt funds, in a move that may help expedite the unwinding of the bank?s assets.
Hopes Rise over Unwinding of Lehman’s Assets
Hopes Rise over Unwinding of Lehman’s Assets
The administrator of Lehman Brothers? German business has sold $2.4 billion of claims against the failed bank to a group of distressed debt funds, in a move that may help expedite the unwinding of the bank?s assets.
Hopes Rise over Unwinding of Lehman’s Assets
Bidders Snap Up Salander Possessions
Disgraced art dealer Lawrence Salander, whose art gallery collapsed into bankruptcy in late 2007, is set to be sentenced next week for fraud and grand larceny, but that didn?t stop people from happily buying up the contents of his home in a liquidation auction.
Bidders Snap Up Salander Possessions
More Cities on Brink of Bankruptcy
The chance of a bankruptcy filing by the Pennsylvania capital of Harrisburg looms large these days?and it could be just the tip of the iceberg. some on Wall Street expect more to come this year?as many at 10 municipal bankruptcies.
More Cities on Brink of Bankruptcy
General Growth Files for Plan of Reorganization
General Growth Properties said it has filed for a plan of reorganization with a U.S. court and confirmed it is looking to emerge from bankruptcy protection in October with less debt in its balance sheet.
General Growth Files for Plan of Reorganization
The Daily Docket: Madoff Trustee Prepares Lawsuits
The trustee appointed to wind down Bernard Madoff’s firm is preparing to sue investors to recoup proceeds from the Ponzi scheme. General Growth has tapped a new chief financial officer. Tribune’s new chief executive is rethinking how the media company operates.
The Daily Docket: Madoff Trustee Prepares Lawsuits
White House Defends Elizabeth Warren
The White House is standing behind bankruptcy expert Elizabeth Warren as it continues its search for the leader of its new consumer financial protection bureau, born of the financial regulatory overhaul legislation signed into law last week.
White House Defends Elizabeth Warren
General Growth Files for Plan of Reorganization
General Growth Properties said it has filed for a plan of reorganization with a U.S. court and confirmed it is looking to emerge from bankruptcy protection in October with less debt in its balance sheet.
General Growth Files for Plan of Reorganization
White House Defends Elizabeth Warren
The White House is standing behind bankruptcy expert Elizabeth Warren as it continues its search for the leader of its new consumer financial protection bureau, born of the financial regulatory overhaul legislation signed into law last week.
White House Defends Elizabeth Warren
Vallejo, California?The Not So Funny Business of Being Broke
Two years ago, the Bay Area city of 120,000 went into a special kind of bankruptcy reserved for local governments called Chapter 9. It allowed the city of break contracts and suspend debt payments.
Vallejo, California?The Not So Funny Business of Being Broke