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  • Dewey to consider bankruptcy filing: source

    NEW YORK (Reuters) - Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said on Friday. The majority of Dewey's partners have quit as a result of concerns about compensation, and $225 million in bank loans and bond debt. ...

  • 5 Bankruptcy Myths Debunked

    Nadya Suleman (known to gossip magazines as "Octomom") recently filed for Chapter 7 bankruptcy after accumulating roughly $1 million in debt. Tabloids and gossip blogs have criticized Suleman's ...

  • French ski brand CoreUPT files for bankruptcy

    French ski brand CoreUPT has filed for Chapter 11 bankruptcy. The company, which was founded by four-time freeskiing world champion Guerlain Chicherit, has until July 16 to find a new source of capital to sustain its operations. Failure to find a new investor or other source of capital by July 16 would downgrade CoreUPT's status to Chapter 7 bankruptcy, which calls for the liquidation and ...

  • REFILE-Dewey to consider bankruptcy filing - source

    (Corrects month in which Dewey partner said no plans forbankruptcy to May from March in paragraph 13 of story publishedMay 18) * New crop of creditors pressuring Dewey to seek bankruptcy- source * Creditors ...

  • LightSquared Files For Bankruptcy

    LightSquared filed for bankruptcy on Monday, just hours before a deal ran out that would have kept the company from defaulting on its debt.

  • Ex Filed Bankruptcy. What About My Motorcycle?

    Should a man keep paying on his bike when his ex-wife included the loan in bankruptcy?

  • 5 Ways to Avoid Filing for Bankruptcy

    The B Word. We know what it is but don't like to say it, and we hope we never have to go through it. The mere thought of bankruptcy sends shivers down our spines and makes our bank accounts quiver in fear. It has its reputation as the ultimate nadir of personal finance.

  • VIDEO: Bankruptcy fears in Greek town

    As the likelihood of Greece leaving the euro grows, the BBC's Tim Whewell reports from the small Greek town of Lavrion to find out what life is like when the money runs out.

  • Buffett tried to buy ResCap before bankruptcy: report

    (Reuters) - Billionaire investor Warren Buffett sought to buy Residential Capital (ResCap) from Ally Financial before the U.S. auto and mortgage lender put its home-lending unit into bankruptcy, Bloomberg said, citing three persons familiar with the matter. The news agency said Warren Buffett, Berkshire Hathaway Inc's controlling shareholder, appointed investment manager Ted Weschler for talks ...

  • Wireless venture LightSquared files for bankruptcy

    The bankruptcy filing marks an end to an ambitious attempt to create an upstart provider of 4G LTE wireless services.



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