Metro-Goldwyn-Mayer Inc. said it has begun seeking its creditors’ approval on a prepackaged bankruptcy plan in which they will exchange more than $4 billion in debt for equity in a new company that has rights to the James Bond franchise and the upcoming two-part movie series “The Hobbit.”
Credit Suisse’s “greedy antics” cost it $229M
by bk711 on 09. Sep, 2010 in Bankruptcy
BILLINGS, Montana: A federal bankruptcy judge said he would not reward the “greedy antics” of financial giant Credit Suisse by ordering the repayment of a $229 million loan it arranged for Montana’s exclusive Yellowstone Club. Bankruptcy Judge Ralph Kirscher’s Tuesday order said Credit Suisse was complicit in the diversion of the 2005 loan for the [...]
Many in need don’t file BK
by bk711 on 16. Jun, 2010 in Bankruptcy
USA TODAY – Bankruptcy filings are nearing the record 2 million of 2005, when a new law took effect that was aimed at curbing abuse of the system. Filings could reach 1.7 million this year, says law professor Robert Lawless, but few experts believe that debtors are now gaming the system. Instead, concern exists about [...]
NJ Reality Star Files Bankruptcy
by bk711 on 10. Jun, 2010 in Bankruptcy
Teresa Giudice has confirmed a recent report that her family is nearly $12 million in debt and filed for bankruptcy last fall. “The Real Housewives of New Jersey” star Teresa Giudice said she and husband Joe are looking at their bankruptcy filing as a “fresh start.” “While this is a personal matter, I realize that [...]
-
BofA stops foreclosure sales in 50 states
08. Oct, 2010
-
MGM 4 Billion Debt – Bankruptcy Looms
08. Oct, 2010
-
What Is Chapter 7 Bankruptcy?
10. Sep, 2010
-
Credit Suisse’s “greedy antics” cost it $229M
09. Sep, 2010
-
Mints Mexican Money Mishap: Evil Anti Immigrant Infographic?
23. Jun, 2010
-
BofA stops foreclosure sales in 50 states
08. Oct, 2010
-
MGM 4 Billion Debt – Bankruptcy Looms
08. Oct, 2010
-
What Is Chapter 7 Bankruptcy?
10. Sep, 2010
-
Credit Suisse’s “greedy antics” cost it $229M
09. Sep, 2010
-
Mints Mexican Money Mishap: Evil Anti Immigrant Infographic?
23. Jun, 2010
-
Sophie Montross: Really good stuff, this helped me in my project....
-
Bankruptcy Guy: But UBS has also been hiring selectively. Next mon...
-
Kevin Stuart: Separately, Swiss banking group Syz & Co, hire...
-
Frank Miller: Private banks have recently been turning to other ...
-
Thalia Brassfield: Vacation credit cards could be a lot a lot more th...
