Similar Stories to Mgm To Declare Chapter 11 on Bing News

Dorothy Pomerantz, Forbes
Thu, 10/07/2010 - 5:00pm

Executives from Spyglass Entertainment will take over the company once it emerges from bankruptcy.

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Judge denies $20M severance deal for AMR CEO
A federal bankruptcy judge has at least temporarily blocked a proposed $20 million severance payment for the CEO of American Airlines as part of the company's merger with US Airways. The judge ruled Thursday that the proposed payment to CEO Tom Horton exceeded limits that Congress set for bankruptcy cases in 2005. More
Corzine strategy led to MF Global collapse: trustee
Jon Corzine's aggressive bets on European sovereign debt while head of the MF Global Holdings Ltd brokerage led to the firm's dramatic collapse in 2011, according to a report by the bankruptcy trustee. More
Analysis: Stockton and San Bernardino, a tale of two bankruptcies
Stockton and San Bernardino, the two California cities that have filed for bankruptcy protection, are both considered test cases in the epic battle over whether municipal bondholders or pensioners will absorb most of the pain when a government goes broke. More
Singer Dionne Warwick files for bankruptcy in NJ
Singer Dionne Warwick claims in a recent bankruptcy filing that she owes nearly $10 million in back taxes and her monthly expenses exceed $20,000.... More
Chinese solar producer Suntech declares bankruptcy
Suntech, one of the world's biggest solar panel manufacturers, was forced in bankruptcy court Wednesday, becoming the latest casualty of a painful slump in the global solar industry. More

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