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Former employees of the Mt Gox bitcoin exchange say Mark Karpeles had a tight grip over the company and wouldn't share passwords or access to Mt Gox's source code.
Labour has expressed astonishment at the decision to appoint a bankrupt businessman to chair a pounds 60bn quango, demanding to know who authorised the appointment in the Treasury and , shadow Treasury chief secretary, said: "It is astonishing that the prime minister and the chancellor could appoint someone who went bankrupt to run the Treasury's ... (more)
The Albuquerque Journal reports that the clerk's office for the U.S. Bankruptcy Court in Albuquerque says the state overall had a rate of two bankruptcy filings per capita last year, which falls below the national average of 3.3. The data shows Valencia County with the highest rate of the state's 33 counties with a ratio of 2.8 filings.
Federal bankruptcy court filings this month say Hopkins Northwest Fund LLC owes between $1 million and $10 million to between 100 and 200 creditors.
A "Tory crony" of David Cameron put in charge of a A 60bn quango has been fired after he was declared bankrupt for not paying his taxes, reports The Mail On Sunday.
March 10, 2014 - The Port of Pasco is evicting Green Power, a tenant since 2007, from this warehouse in the Big Pasco Industrial Park.
After months of negotiating and seeing the city of Detroit flounder financially, the public workers union for retirees reached an agreement with the city officials led by emergency manager Kevyn Orr.
The Sun News of Myrtle Beach reported Ed Warneck filed for Chapter 7 bankruptcy liquidation.
High finance is a small world just like Baltimore is a small town, and it showed as potential conflicts of interest cropped up during a fight over ownership of the city's biggest local bank.
Dan Gilbert, left and Roger S. Penske are two of the witnesses the City of Detroit expects to call during this summer's hearing on Detroit's plan for exiting bankruptcy.
Mark Karpeles, the chief executive of Mt. Gox, said he would not come to the United States to answer questions about the Japanese bitcoin exchange's U.S. bankruptcy case, Mt.
A federal judge has rejected an attempt by American Airlines to quickly cut off benefits for many of its retirees.
Speaker of the House Jase Bolger R-Marshal speaks to the press during a news conference in the Governor's press auditorium of the Romney Building in Lansing January 22, announcing a state funding plan related to the Detroit bankruptcy.
Peter Isley, front left, Charles Linneman, front middle, and Monica Barrett, front right, stand before a group of other clergy sexual abuse victims outside federal bankruptcy court Thursday, April 17, 2014, in Milwaukee.
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