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Bankruptcy News
MF Global plans bonus payouts for 3 execs: source By Nick Brown NEW YORK (Reuters) - Three top executives at MF Global Holdings Ltd kept on since the commodities firm's collapse could receive performance-based bonuses under a retention plan being prepared by a court-appointed trustee, people close to the trustee said. Trustee Louis Freeh plans to ask a bankruptcy judge to approve the employment agreements, said these people, who spoke on condition
Lehman out of bankruptcy
Lehman Brothers Holdings formally emerged from its record $639-billion bankruptcy on Tuesday and said it would start paying back creditors on April 17.
Lehman to emerge out of bankruptcy and wind down
Lehman Brothers, the investment bank that failed at the depths of the financial crisis, says it will sell the last of its assets starting in April.
Judge clears way for record bankruptcy in Alabama
A judge has cleared the way for an Alabama county to move forward with the largest municipal bankruptcy in U.S. history, overruling Wall Street claims that state law didn't allow the county to |
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