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Bankruptcy

Bankruptcy 02/11/2011

16:29 : Financial crisis forces Berlusconi to delay release of latest love song ... - Rolling economic storm clouds scupper the publishing date of the Italian prime minister's "True Love" albumThe global financial crisis may have brought the eurozone to the verge of collapse, set stock markets tumbling around the world ...
Source : guardian-co-uk

Bankruptcy 31/10/2011

17:14 : MF Global files for bankruptcy after deal unravels - NEW YORK (Reuters) - MF Global Holdings Ltd , the futures broker run by former Goldman Sachs chief Jon Corzine, has filed for Chapter 11 bankruptcy after a tentative deal with a buyer fell apart.
Source : reuters-com
15:42 : Wall Street joins global market decline on renewed European worries - Markets fall back after last week's rally, with Chicago purchasing managers index falling in OctoberA gloomy opening on Wall Street has snuffed out any thought of a revival in global markets.Renewed worries that last week's euphoria following the Eurozone ...
Source : guardian-co-uk
09:40 : MF Global edges towards bankruptcy - MF Global, the US futures brokerage run by former Goldman Sachs chief executive Jon Corzine, has been struggling over the past week in which it posted a quarterly loss, its shares fell by two-thirds and its credit ratings were cut ...
Source : guardian-co-uk

Bankruptcy 18/10/2011

08:40 : Japan Property Bankruptcies to Rise in 2012, Researcher Says - More Japanese property companies may file for bankruptcy in 2012 as banks become more selective to improve their balance sheets as the outlook in the U.S. and Europe deteriorates, Tokyo Shoko Research Ltd. said.
Source : businessweek-com

Bankruptcy 14/10/2011

09:48 : Portuguese are 'working more for less money' - Jon Henley is travelling through Portugal, Spain, Italy and Greece to hear the human stories behind the European debt crisis. He hears from more readers from Portugal and Spain ...
Source : guardian-co-uk

Bankruptcy 11/10/2011

21:18 : Greece on target to get €8bn rescue aid – but more austerity to follow - Greece should get €8bn in November but more cuts will be needed to meet 2013 targetsAfter weeks of often excruciating criticism, Greece has been told it will get its next instalment of rescue aid – a cash infusion that will ...
Source : guardian-co-uk
17:56 : Ben Gordon's departure signals a radical rebirth for Mothercare - When Ben Gordon was parachuted into Mothercare in 2002 the maternity and babywear chain was in disarray: the shelves were empty, the brand damaged and the business was close to bankruptcy.
Source : telegraph-co-uk
13:22 : Greece to get loan, Trichet sees systemic crisis - ATHENS/FRANKFURT (Reuters) - Greece should receive a vital lifeline next month in order to avoid bankruptcy, its international lenders said on Tuesday, buying time in a debt crisis that Europe's top central banker labelled ...
Source : reuters-com

Bankruptcy 08/10/2011

18:54 : Greece must give up sovereignty to get more help-paper - ATHENS, Oct 8 (Reuters) - Greece is near bankruptcy and must give up part of its sovereignty to obtain the large debt forgiveness it needs to survive, a leading conservative member of German parliament was quoted as saying ...
Source : reuters-com

Bankruptcy 07/10/2011

11:15 : Elcoteq SE has been declared bankrupt - Elcoteq SEStock Exchange Release October 7, 2011 at 14.00 (EET) Elcoteq SE has today been declared bankrupt by the Luxembourg Court. Mr. Yann Baden has been appointed as the Bankruptcy Administrator. He also..
06:42 : GRIGISKES AB is expanding activity and rented a production line of soft ... - Vilnius, Lithuania, 2011-10-07 08:25 CEST (GLOBE NEWSWIRE) -- On 06.10.2011 GRIGISKES AB and Medienos plausas AB, the company in bankruptcy, has signed a lease contract for production line of soft wood fiber board (further ...

Bankruptcy 05/10/2011

00:28 : Over-exposed? Kodak debt mounts up as it misses digital picture - If you got caught up in the hoopla around the new iPhone, that dazzling phone-cum-media-player-cum-games-console-cum-camera-in-your-pocket, spare just a little thought for the people of Eastman Kodak. As Apple's Tim Cook was preparing to ...

Bankruptcy 04/10/2011

15:04 : WaMu sees path to quick confirmation of Ch. 11 plan - Oct 4 (Reuters) - Washington Mutual Inc said it could end its three-year bankruptcy by November, allowing it to distribute $7 billion to creditors, if a judge limits the scope of outstanding disputes to be mediated.
Source : reuters-com

Bankruptcy 03/10/2011

11:34 : Greece agrees to slash workforce in exchange for extra €8bn EU cash - The Greek cabinet has approved a contentious plan to lay off state workers, and signed off on a draft of next year's budget, in a race to slash spending, free up bailout loans and stave off bankruptcy.
Source : independent-ie
02:12 : Greece to miss deficit targets despite austerity - ATHENS (Reuters) - Greece will miss a deficit target set just months ago in a massive bailout package, according to government draft budget figures released on Sunday, showing that drastic steps taken to avert bankruptcy ...
Source : reuters-com

Bankruptcy 02/10/2011

09:05 : Greece due to unveil plan to sack state workers - ATHENS (Reuters) - Greece was expected to unveil its plan on Sunday to begin laying off state workers, the most contentious part of a reform package demanded by the EU and IMF to free up loans and stave ...
Source : reuters-com

Bankruptcy 01/10/2011

01:00 : Kodak reported to be considering filing for bankruptcy - Google said to be among companies examining photography pioneer's assets ahead of possible saleEastman Kodak, whose company name has been associated with film photography for more than 100 years, is said to be considering filing for bankruptcy ...
Source : guardian-co-uk

Bankruptcy 28/09/2011

19:06 : Debt inspectors prepare to fly back into ailing Greece - EU and IMF taskforce will examine latest set of austerity measures in Athens designed to get reform back on trackOfficials from the EU and IMF, who cut short a visit to Greece ...
Source : guardian-co-uk
07:45 : Troika team head to Greece - Greece faced a new test in its attempt to avoid bankruptcy today as international auditors headed for Athens, while Germany suggested a new bailout may be renegotiated as argument rages over whether private ...
Source : irishtimes-com

Bankruptcy 27/09/2011

16:46 : Chris Flowers Says Europe Could Be Worse Than U.S. Post-Lehman - Christopher Flowers, founder of private-equity firm JC Flowers & Co., said European economies are “very troubling” and face larger problems than the U.S. after the 2008 bankruptcy of Lehman Brothers ...
Source : businessweek-com

Bankruptcy 26/09/2011

21:19 : Bankruptcy threat to Greece as euro ministers delay vital €8bn - Euro ministers refuse to give date for release €8bn bailout Greece may not be able to pay civil servants next monthThe spectre of bankruptcy is hanging over Greece , with the prospect of hundreds of thousands ...
Source : guardian-co-uk

Bankruptcy 25/09/2011

20:32 : Greek default would destroy faith in Europe-Merkel - BERLIN, Sept 25 (Reuters) - Allowing Greece to default on its debt now would destroy investor confidence in the euro zone and might spark contagion like that experienced after the bankruptcy of Lehman Brothers|Lehman ...
Source : reuters-com

Bankruptcy 22/09/2011

12:14 : Blackstone Offers Highest Rates on Travelport: Corporate Finance - Blackstone Group LP is offering the highest interest seen on a loan this year if lenders agree to swap debt in Travelport Ltd. for longer-dated obligations, or else it may put the parent of the second-largest travel- reservation ...
Source : businessweek-com
00:40 : Lehman to drop appeals over Barclays sale - NEW YORK (Reuters) - Lehman Brothers Holdings Inc said it will drop its appeal of a bankruptcy court's ruling upholding Barclays Plc's purchase of Lehman's North American business in 2008 to avoid ...
Source : reuters-com

Bankruptcy 21/09/2011

11:33 : Greece to announce cuts plan - Greece will announce a plan today to bring forward spending cuts agreed under its bailout programme so it can secure a fresh injection of aid and save the country from immediate bankruptcy.
Source : irishtimes-com

Bankruptcy 19/09/2011

17:08 : Bespoke: 24 S&P 500 Stocks Up Triple Digits Since the Lehman Bankruptcy - Hope everyone enjoyed their "Lehman 3 Year Bankruptcy Anniversary" parties this weekend - I am sure Dick Fuld and his $350M did. (clawbacks anyone?) While the Lehman bankruptcy in fall 2008 was not the ...
Source : ibtimes-co-uk

Bankruptcy 14/09/2011

21:58 : Europe's leaders battle to keep faith with euro as Greek bailout flounders - Amid fresh setbacks in struggle to rescue Greece, US treasury secretary prepares to join euro crisis meetings in PolandEurope's struggle to come good on pledges to rescue Greece from bankruptcy and save its ...
Source : guardian-co-uk
00:50 : UPDATE 1-WaMu reorganization plan rejected again - Sept 13 (Reuters) - Washington Mutual Inc's plan to pay more than $7 billion to creditors and exit bankruptcy was rejected by a judge who ordered the company's creditors and shareholders into mediation, according ...
Source : reuters-com

Bankruptcy 12/09/2011

14:32 : Lehman Brothers: three years of denial | Dean Baker - Lehmans crashed for a simple reason: an ignored $8tn housing bubble. But don't expect the Greenspan sycophants to admit itAs we prepare to celebrate the third anniversary of the Lehman Brothers bankruptcy and the ...
Source : guardian-co-uk
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