Liquidation › Chapter 7

Bill on Bankruptcy: How Purchasers of AMR Stock Made a Killing  [Video]

March 13 (Bloomberg Law) -- Someone who bought stock in American Airlines last year already made a killing. Stock that could have been bought in November for less than 40 cents a share is now trading above $4, for...more

MF Global Judgment Clarifies Law on Client Money Entitlement

A High Court judgment by Mr. Justice Richards handed down on January 29 has confirmed that a client’s open positions on trades, made with a firm regulated by the UK Financial Services Authority (FSA) that subsequently enters...more

Bankruptcy Creditors Can Take Your Holiday Gifts

The holiday season is upon us, a time for sharing meals with friends, family and loved ones, and for some, expensive gifts. But debtors beware: Consumers who enter into bankruptcy proceedings in the next six months may end up...more