Legal & Regulatory
Serageldin Pleads Not Guilty
The former head of Credit Suisse's head of structured credit pleads not guilty to charges of overinflating prices in the subprime mortgage backed bonds market.
MF Global Liquidation Plan Approved
MF Global has obtained approval of its liquidation plan under the leadership of former FBI Director Louis Freeh.
LCI Holdco Asset Sale Upheld
The bankruptcy court upheld the sale of assets of LCI Holdco LLC despite IRS opposition. The federal court with jurisdiction over the bankruptcy case of LCI Holdco LLC has approved the sale of the assets of the company to Hospital Acquisition LLC.
Italy's Promise To Pay Delayed
The government's promise to pay its outstanding bills was shelved after the caretaker government failed to sign into law the said measure.