Nick Brown – Page 5 –

Ex-Credit Suisse trader pleads not guilty to MBS price inflation

August 24, 2021 at 2:05 a.m.

(Reuters) - A former Credit Suisse trader pleaded not guilty on Friday to charges of inflating the prices of subprime mortgage-backed bonds to the tune of $540 million. Kareem Serageldin,...

MF Global bankruptcy exit plan primed for court hearing

August 24, 2021 at 2:05 a.m.

NEW YORK (Reuters) - MF Global Holdings on Friday will seek court approval of a plan to liquidate its assets and repay creditors, signaling the final stages of its large...

Court upholds $142 million verdict against Pfizer over Neurontin

August 24, 2021 at 2:01 a.m.

(Reuters) - A federal appeals court said Pfizer Inc should pay about $142 million to cover costs for the marketing and prescribing of epilepsy drug Neurontin for unapproved uses, a...

Court upholds $142 million verdict against Pfizer over Neurontin

May 13, 2019 at 11:33 p.m.

(Reuters) - A federal appeals court said Pfizer Inc should pay about $142 million to cover costs for the marketing and prescribing of epilepsy drug Neurontin for unapproved uses, a...

Fisker mulls bankruptcy as investor search persists: sources

August 24, 2021 at 1:42 a.m.

NEW YORK/DETROIT (Reuters) - Fisker Automotive, the U.S.-backed maker of luxury plug-in hybrid sports cars, has hired law firm Kirkland & Ellis to advise it on a possible bankruptcy filing,...

American Airlines-US Airways merger gets court approval

August 24, 2021 at 1:40 a.m.

NEW YORK (Reuters) - A judge on Wednesday approved AMR Corp's plan to merge with US Airways Group, a step toward creating the world's largest airline. AMR, parent of American...

Lehman creditors can question “London Whale” – judge

August 24, 2021 at 12:56 a.m.

NEW YORK (Reuters) - A bankruptcy judge on Wednesday gave creditors of Lehman Brothers the green light to subpoena former JPMorgan Chase & Co trader Bruno Iksil, the so-called "London...

Accord between JPMorgan, MF Global parent gets court approval

August 24, 2021 at 12:55 a.m.

NEW YORK (Reuters) - A bankruptcy judge on Wednesday approved a settlement that will increase JPMorgan Chase & Co's potential recoveries from the liquidation of MF Global Holdings to as...

Michigan balks at A123’s creditor payout plan

August 24, 2021 at 12:33 a.m.

(Reuters) - Michigan's attorney general is objecting to bankrupt A123 Systems Inc's plan on how to pay back its creditors, saying it calls for the improper transfer of $125 million...

MF Global payout plan approved for creditor vote

August 23, 2021 at 11:43 p.m.

NEW YORK (Reuters) - A bankruptcy judge on Tuesday approved the outline of a plan by liquidators and creditors of failed brokerage MF Global to repay the company's creditors, a...

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