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By Phil Milford, Dawn McCarty and Bill Rochelle, Bloomberg |
November 16, 2012
Hostess Brands Inc., the bankrupt maker of Wonder Bread and Twinkies, said it will fire more than 18,000 workers and liquidate after a strike crippled operations.
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By Elaine Knuth |
November 1, 2012
The MF Global bankruptcy has been complicated by an error from the start.
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By Tiffany Kary, Bloomberg |
October 11, 2012
MF Global Inc. won bankruptcy court approval of procedures that will help it sort through $22.7 billion worth of claims from 6,669 general creditors.
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By Tom Witosky and Margaret Cronin Fisk, Bloomberg |
September 17, 2012
Russell Wasendorf Sr., founder of the bankrupt commodities firm Peregrine Financial Group Inc., will remain in custody after his planned guilty plea
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By Tom Witosky and Andrew Harris, Bloomberg |
September 17, 2012
Russell Wasendorf Sr., should remain in custody after his planned guilty plea to stealing more than $100 million from customers, prosecutors said.
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By Andrew Harris, Bloomberg |
September 12, 2012
Peregrine Financial Group Inc.’s liquidating trustee can consider bulk offers for futures client accounts from other commodities firms, a U.S. bankruptcy judge said.
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By Tiffany Kary, Bloomberg |
August 30, 2012
MF Global Holdings Ltd.’s trustee, Louis Freeh, said the rights to any winnings from lawsuits against the failed brokerage’s officers and directors including Jon Corzine shouldn’t be given to customers, and should go to the general estate instead.
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By Tiffany Kary, Bloomberg |
August 10, 2012
The trustee liquidating MF Global Inc. won court approval to receive $130 million from CME Group Inc. to pay back the bankrupt brokerage’s customers and other creditors.
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By Dow Jones |
August 8, 2012
A judge on Wednesday held off approving a deal between the trustee unwinding the brokerage of MF Global and CME Group that calls for the futures exchange operator to turn over about $130 million in property that will go to former customers.
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By Andrew Harris, Bloomberg |
August 3, 2012
U.S. Bank NA knew or should have known the collapsed commodities brokerage had insufficient funds on deposit, a firm client claimed in a new lawsuit.
