Bankruptcy
Topics also related to Bankruptcy Sections:
McCourt offered $1.2 bln for Dodgers - report
Sept 1 (Reuters) - Bill Burke and certain other investors have offered Los Angeles Dodgers baseball team owner Frank McCourt $1.2 billion for the bankrupt team, a Los Angeles Times report said, citing two people familiar with the contents of an offer letter.
UPDATE 1-Cooper-Standard says considering strategic alternatives
Sept 1 (Reuters) - U.S. auto parts supplier Cooper Standard Holdings Inc said on Thursday it has retained investment bankers to assist it in exploring strategic alternatives, including a sale of the company or an initial public offering of its common shares.
Ambac, New York City reach key tax settlement
* Says settlement enables it to continue with restructuring
UPDATE 1-Penn. senator calls for Harrisburg state takeover
NEW YORK, Sept 1 (Reuters) - One day after Harrisburg, Pennsylvania, rejected a fiscal recovery plan, a state lawmaker on Thursday urged the state to move ahead with a takeover of the city's troubled finances.
Borders sues Next Jump over use of customer data
NEW YORK, Sept 1 (Reuters) - Bankrupt bookseller Borders Group Inc has sued Next Jump Inc, accusing the website operator of attempting to steal its customers.
A-Tec CEO gives terms for stepping down - magazine
VIENNA, Sept 1 (Reuters) - The chief executive of A-Tec said he would resign when he had found a strategic investor to help finish restructuring the troubled Austrian engineering conglomerate, most likely by the end of the year, an Austrian weekly reported on Thursday.
UPDATE 2-Pennsylvania capital rejects debt recovery plan
* Governor says state could take over city finances (Adds details, quotes)
Harrisburg, Pa. council rejects recovery plan
HARRISBURG, Pa., Aug 31 (Reuters) - Pennsylvania's capital of Harrisburg rejected a rescue plan designed to address its debt crisis on Wednesday, in a move that could prompt a state takeover of its finances.
UPDATE 1-Receiver seeks to wind down Blockbuster Canada's ops
Aug 31 (Reuters) - The receiver of Blockbuster Canada Co is seeking an order from the Ontario Superior Court to wind down the video rental company's operations and shut its 253 remaining retail stores.
Harrisburg, Pa., council set to vote on recovery plan
HARRISBURG, Pa., Aug 31 (Reuters) - Pennsylvania's debt-laden capital of Harrisburg is due to vote on a rescue plan on Wednesday amid warnings it could miss a bond payment and run out of money to pay city workers in September.
- M&A;: UPDATE 2-LSE in talks to buy clearing house LCH
- IPOs: Debt veteran Berman to run BarCap public sector
- Private Capital: UPDATE 1-Barcap poaches Morgan Stanley banker-sources
- Hedge Funds: Hedge funds shift target after short-selling bans
- Regulatory News: UPDATE 2-LSE in talks to buy clearing house LCH
- Gaddafi defiant as world frees Libya funds
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- Murdoch's tough guy Carlucci under pressure
- Trichet says Italy must meet budget goals
- Deutsche Telekom downgraded by banks on AT&T; deal block
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- Europe rejects IMF call for more bank capital
- Factory activity at 26-month low as exports dive
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- Arctic sea ice shrinks, ice free summer looms
- Tottenham struggles to recover from riots
- Special report - A pinch of doubt over salt
- Banks prepare for inevitable shake-up - sources
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