Refco, creditors reach agreement
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Refco Inc. RFXCQ.PK has reached an   oral agreement to pay all its creditors, a major step toward   concluding the brokerage's nearly yearlong bankruptcy, lawyers   involved in the talks said on Thursday.
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A Canadian court approved Air Canada&#39;s plan of arrangement with its creditors on Monday, clearing the way for the airline to emerge from bankruptcy protection at the end of September.
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Corrects headline and story to show that settlement has been reached; adds dropped word "million" in paragraph 2
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Business & money: Office of Fair Trading will work with credit card industry to make costs easier to understand.
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Earnings statement reveals the consumer lender is on the right track.
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A former senior Refco Inc executive pleaded guilty on Wednesday to criminal charges for his role in an alleged fraud that led to the collapse of the futures and commodities broker.
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The Paris Club of creditors met on Sunday to finalise an agreement on writing off debts owed to its 19 member countries by Iraq -- a deal which could pave the way for a wider international accord.
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The agreement will reduce the company's $1.8 billion debt by $400 million as part of the filing for Chapter 11 bankruptcy.
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Outfielder Jose Guillen and the Anaheim Angels reached a financial settlement yesterday to resolve the grievance filed after the team recently suspended him without pay for the rest of the season.
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Creditors agree a $960m rescue deal for LG Card, South Korea's leading credit card provider.
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A former senior executive at Refco pleaded guilty on Wednesday to fraud charges for his role in the collapse of the futures and commodities broker.
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Ernst &amp; Young LLP will pay $40 million to the US Federal Deposit Insurance Corp. and is finishing a settlement to pay $85 million to the Office of Thrift Supervision to settle a case involving
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Michael Jackson on Monday settled a breach-of-contract suit brought by a financial firm that claimed to have brokered the deal that allowed him to avoid default on more than $270 million in loans last year.
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Retailer agrees to pay compensation to customers in move to end long-running price-fixing saga
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The government agrees a deal with credit reference agency Equifax to access their computer database to track down offenders defaulters on fines.
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Major creditor nations of Iraq reached an agreement here on Saturday to write off 80 percent of the country&#39;s debts, officials said.
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Liverpool owners Tom Hicks and George Gillett complete the Â£350m refinancing deal for the Anfield club.