Posted by Reuters: Business News on January 11, 2012
(Reuters) – Wholesale baker Hostess Brands Inc filed for Chapter 11 bankruptcy protection in Manhattan on Wednesday, nearly three years after emerging from a similar process, after failing to reach an agreement with workers on pension and health benefits.
Posted by The PIPEs Report on December 2, 2011
Forbes & Manhattan, a Canadian merchant bank with a focus on the resource sector, is investing $…
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Posted by The PIPEs Report on September 28, 2011
A federal court in Manhattan threw out a lawsuit brought by a former executive of Morgans Hotel Grou…
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Posted by The Distressed Debt Report on
For a year-and-a-half now, since a decision by the U.S. Bankruptcy Court in Manhattan in January 201…
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Posted by Reuters: Business News on June 12, 2011
NEW YORK (Reuters) – A steak lunch at Smith & Wollensky in Manhattan starts at $36.50. The same lunch, eaten in the company of legendary investor Warren Buffett, costs approximately $2.63 million.
Posted by Reuters: Business News on June 2, 2011
NEW YORK (Reuters) – Goldman Sachs Group Inc received a subpoena from New York prosecutors seeking information on the investment bank’s actions leading into the global financial crisis, a person familiar with the matter said.
Posted by Reuters: Business News on May 13, 2011
NEW YORK (Reuters) – AT&T Inc won a ruling from a Manhattan federal judge to decertify a class-action lawsuit by more than 4,100 workers who complained its mobile unit failed to properly pay wages and overtime.
Posted by The Distressed Debt Report on November 12, 2010
The Securities and Exchange Commission and U.S. Attorney's office in Manhattan are investigating whe…
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Posted by Reuters: Business News on August 27, 2010
NEW YORK (Reuters) – A Manhattan federal judge refused to dismiss shareholder lawsuits against Bank of America Corp and various executives and directors over the purchase of Merrill Lynch & Co during the 2008 financial crisis and disclosures about Merrill’s losses and bonus payouts.
Posted by Reuters: Business News on March 16, 2010
NEW YORK (Reuters) – Lehman Brothers Holdings Inc on Monday filed a plan with the U.S. bankruptcy court in Manhattan to wind down its remaining assets and operations — and end the largest U.S. bankruptcy case in history.
