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Wednesday, customers of defunct brokerage Peregrine Financial Group Inc. can expect to receive up to $41 million by the year's end...Bankruptcy Court in Chicago authorized bankruptcy trustee Ira Bodenstein, who is overseeing Peregrine's liquidation,
Rodney May signed an order Tuesday discharging Anthony of most of what she owes except for taxes and debts related to student loans or criminal fines, if she has them. Anthony filed for bankruptcy in Florida earlier this year, claiming about $1,000
The growing tab for municipal bankruptcy here is quickly becoming among the nation's priciest, drawing scrutiny from the judge in the case and some creditors who have to foot their own bills. The city of 700,000 already has spent nearly $28 million
The Prime Minister said that Ukraine would have continued to pay the inflated price for Russian gas. "But we could not resist this. So the government helped Ukraine to avoid bankruptcy and social collapse," Azarov noted.
The operator of failed punting club The Edge, Bill Vlahos, claims it owes him $32 million. Mr Vlahos, who declared bankruptcy on Monday night , also claims to have just $6200 in the bank and owe $26.5 million to a group of investors in The Edge.
Nortel Networks Inc, a defunct telecoms company, has agreed to settle claims that it owed more than $3 billion to former Nortel entities in Europe in a deal that it called a "significant milestone" to ending its five-year bankruptcy. In return for
A judge's ruling that the city of Detroit can move forward with bankruptcy and strip the city's public workers of their modest pension benefits will have a devastating impact on Detroit's middle class many of whom are African-American and the city's
Additionally, the Company has set up a special information hotline at 866-618-4602. Forward-Looking Statements "Safe harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements
England has been branded the divorce capital of the world with judges free to award generous payments to former partners, a survey has shown. The flexibility given to judges presiding over divorce proceedings in England and Wales means spouses are
The Edge's Bill Vlahos Bill Vlahos, the operator of failed $500 million punting club The Edge, has declared himself bankrupt. Trustee in bankruptcy Clyde White, of PCI, said the only substantial debt declared by Mr Vlahos was $26 million owed to