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The results of more than a dozen investigations into market manipulation by Brazilian entrepreneur Eike Batista and current or former executives of his EBX Group, will likely be made public next year, a top regulator said.
The body of a kayaker was found by divers this afternoon in a Crawford County lake.
The soft opening Monday of Detroit's landmark bankruptcy trial, scheduled to begin late next week, is coming down to a simple test: Can a restructured city of Detroit, freed from $7 billion in debt, cumbersome labor contracts and bad financial decisions, do what its bankruptcy team says it can for as long as it says it can? And can the city do so ... (more)
More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank.
A federal judge has ruled that former Mamtek CEO Bruce Cole committed fraud to obtain almost $1.3 million from bond funds that were to be used to build an artificial sweetener plant in Moberly.
Lamar Construction Co. closed its doors on July 10 after a Fifth Third Bank executive called late that night to cancel the Hudsonville company's line of credit, Carl Blauwkamp, the company's president and CEO, testified on Monday, Aug. 18. "I didn't know what we were trying to do, but I was told that's what we had to do," said Blauwkamp of his ... (more)
Jean Laporte, chief operating officer of the Transportation Safety Board, attends a news conference in Ottawa, Thursday, January 23, 2014.
Attorney John Cunningham said in bankruptcy court Monday that the casino is losing more than $1 million every week, The Press of Atlantic City reported.
In its filing the company listed $666,325 in assets and $2.1 million in debt. The largest of the debts is about $1.3 million owed to Bank of North Carolina .
Bond insurer Syncora - which could lose hundreds of millions on the city's bankruptcy - has filed motions seeking to block expert testimony that will favor the plan of adjustment.
A federal appeals court reversed the bankruptcy sale of a Deerfield Beach company and chastized a prominent Fort Lauderdale attorney for obstructing discovery.
The payout on the benchmark 10-year bonds fell below 1.97 percent Monday following last weekend's one-notch upgrade by Fitch.
Momentive Performance Materials, the quartz and silicone maker owned by Apollo Global Management, will embark Monday on a week of hotly contested hearings seeking court approval of a plan to cut $3 billion in debt and exit bankruptcy.
The many fans of 1987's The Princess Bride will recall Billy Crystal's Miracle Max character optimistically referring to the protagonist Westley as "mostly dead."
Officials from closed private school in court Creditors are required to attend meeting, which is optional for those who are owed money Check out this story on greenbaypressgazette.com: http://gbpg.net/1oHd1Nn Officials from the Wisconsin International School will meet in federal court in Green Bay to discuss the private school's bankruptcy filing ... (more)
DESPITE the current parliamentary break, it is about time that Minister of Industry, Investment and Commerce Anthony Hylton gives an update on what has been happening with the critical review of Jamaica's bankruptcy and insolvency legislations.
Updated: Wed Aug 20, 2014 01:24 am
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