Securities

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MF Global SIPA Agreement Would Make More Than $800 Million Available For Creditors
Posted on 11 Jan 2013 by Mealeys

NEW YORK - An attorney for the Securities Investor Protection Act (SIPA) trustee in the MF Global Inc. (MFGI) Chapter 11 bankruptcy on Jan. 10 filed a declaration supporting a settlement proposed between MFGI and its U.K. affiliates of MF Global that... Read More

Tags: Bankruptcy

Bankruptcy Judge Approves MFGI SIPA Trustee's Bulk Asset Sale Order
Posted on 9 Apr 2012 by Mealeys

NEW YORK - The bankruptcy judge presiding over the securities lawsuit of MF Global Inc. (MFGI), which is affiliated with the Chapter 11 bankruptcy proceeding of parent company MF Global Holdings Ltd. (MFGH) in the U.S. Bankruptcy Court for the Southern... Read More

Tags: Bankruptcy

Colorado District Attorney, U.S. House Committee Probe Abound Solar's Bankruptcy
Posted on 30 Oct 2012 by Mealeys

GREELEY, Colo. - The district attorney in Weld County, Colo., on Oct. 25 announced that he has begun a criminal investigation into bankrupt alternative energy company Abound Solar Manufacturing LLC regarding the possibility that the company may have committed... Read More

Tags: Bankruptcy

LexisNexis Bankruptcy Bulletin: City of Stockton, CA Files for Bankruptcy Citing $26 Million Deficit
Posted on 29 Jun 2012 by Mealeys

SACRAMENTO, Calif. - The City of Stockton, Calif., last night filed its Chapter 9 bankruptcy petition in the U.S. Bankruptcy Court for the Eastern District of California, becoming the largest city in the country to file for bankruptcy after months of... Read More

Tags: Bankruptcy

MF Global SIPA Trustee, Broker Agree To Drop Their Claims To $20M Letter Of Credit
Posted on 15 Feb 2013 by Mealeys

NEW YORK - The liquidating trustee for the Securities Investor Protection Act (SIPA) litigation against bankrupt MF Global Inc. (MFGI) and a commodities broker on Feb. 14 stipulated to the dismissal of a lawsuit filed by the broker contesting the trustee's... Read More

Tags: Bankruptcy

MF Global Trustees: Funds Moved Improperly; Liability Of Directors Being Probed
Posted on 24 Apr 2012 by Mealeys

WASHINGTON, D.C. - The Chapter 11 bankruptcy trustee and the trustee for the Securities Investor Protection Act (SIPA) litigation involving MF Global Holdings Ltd. (MFGH) told a Senate committee on April 24 that the collapse of MFGH was the result of... Read More

Tags: Bankruptcy

Federal Judge Rules Class Action Against Kodak's Executives Lacks Evidence
Posted on 12 Nov 2012 by Mealeys

NEW YORK - A federal judge in New York on Nov. 8 dismissed a class action filed by purchasers of securities in bankrupt Eastman Kodak Co., ruling that there was no evidence that Kodak's executives knowingly misled the class about their plans to file... Read More

Tags: Bankruptcy
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