Australian Fund Basis Yield Files for Bankruptcy
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The Cayman Islands-registered hedge fund filed for bankruptcy protection today in New York amid mounting losses from subprime mortgage assets, court papers show.
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Basis Yield Alpha Fund, a hedge fund specializing in corporate and structured credit, on Wednesday filed for bankruptcy protection in the United States amid mounting losses from U.S. subprime mortgage assets, court papers show.
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ATA Holdings Corp. (ATAH), parent of struggling low-cost carrier ATA Airlines, on Tuesday filed for Chapter 11 bankruptcy protection as falling fares and soaring fuel prices drained it of cash.
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Barclays Capital, the investment banking arm of the UK banking giant, is being sued over claims it failed to properly manage a portfolio of bonds.
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ATA Airlines parent ATA Holdings Corp. filed for protection from creditors under Chapter 11 of federal bankruptcy law late Tuesday, and two other airlines immediately showed interest in ATA assets.
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ATA Holdings Corp. ATAH.O, parent  of struggling low-cost carrier ATA Airlines, on Tuesday filed  for Chapter 11 bankruptcy protection as falling fares and  soaring fuel prices drained it of cash.
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Business & money: Â· Credit crunch creates Â£210bn backlog of buyouts Â· US sub-prime crisis claims more jobs and firms
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In an eleventh-hour move, the Yukos oil company has filed for bankruptcy in a United States Court and is demanding the cancellation of an auction of its main production unit slated for Sunday.
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The embattled Russian oil group Yukos has filed for bankruptcy in the US and appealed for a temporary injunction preventing the forced sale of its main production unit, it was announced today.
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KANSAS CITY, Mo. Interstate Bakeries Corp. filed for Chapter 11 bankruptcy protection yesterday, a casualty of rising costs and reduced demand for carbohydrate-rich breads and pastries.
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TOKYO (Dow Jones)--Australia&#39;s New South Wales Treasury Corp. registered a bond shelf at Japan&#39;s Ministry of Finance last week to issue up to Y300 billion samurai bonds, documents filed at the MOF showed Monday.
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Business & money: Wall Street's biggest investment banks facing at least $10bn (Â£5.1bn) of fresh write-downs
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Business & money: 53,114 people petitioned to go bankrupt in 2007 after being unable to keep up with their debts
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Homebuilder teeters on the edge of bankruptcy as bondholders circle like vultures awaiting its default.
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ATA has a bumpy landing while filing for bankruptcy.
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SYDNEY: Directors of a compensation fund for asbestos victims set up by embattled building products group James Hardie Industries said it could run out of money by April and be forced to close down.
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Onge. Interstate Bakeries Corp. has filed for bankruptcy, a casualty of rising costs and reduced demand for carbohydrate-rich breads and pastries, including its Wonder Bread and Hostess Twinkies.