General Motors Co. is bringing its fight against owners of recalled cars to its former turf: the Manhattan bankruptcy court where the U.S. government financed the automaker’s turnaround five years ago.
Barclays Plc has won as much as $5.5 billion from the liquidator of Lehman Brothers Holdings Inc.’s brokerage since buying the defunct investment bank’s North American business more than three years ago.
The Los Angeles Dodgers, which asked at least seven lenders for money before filing for bankruptcy today, will pay 10 percent interest on a loan from JPMorgan Chase & Co.’s Highbridge Capital Management LLC, plus fees.
Harvey Miller, the lawyer guiding Lehman Brothers Holdings Inc. through the biggest-ever U.S. bankruptcy, sipped a cappuccino at a tourist-filled cafe near Manhattan’s Central Park and reflected on how his client’s collapse five years ago went from unthinkable to inevitable.
President Barack Obama signaled readiness for a brawling election campaign by bypassing the U.S. Senate on high-profile appointments after disappointing supporters for not taking a stronger stance against Republicans.
Lehman Brothers Holdings Inc. , whose $11 billion suit against Barclays Plc is drawing to a close, is going after JPMorgan Chase & Co. as the next deep pocket to pay creditors in the biggest U.S. bankruptcy.