Tag Archives: reorganization


Supreme Court approves the Chrysler-Fiat alliance

The Money Times – While the group of Indiana pension funds, holding $42 million debt in Chrysler, opposed the treatment meted out to them in the form of reorganization process with Fiat, the court denied hearing to the pension funds […]

Third competitor files to take over Asarco

Daily Territorial – A third offer to take copper miner Asarco out of Chapter 11 was filed last week in U.S. Bankruptcy Court in Corpus Christi, Texas, by New York City-based hedge-fund manager Harbinger Capital Partners. The $500 million reorganization […]

MBIA Debt-Guarantee Split Sparks Hedge Fund Lawsuit

Bloomberg – MBIA’s split of its bond- insurance business was challenged by hedge funds alleging the move hurts owners of about $240 billion of debt while benefiting stock investors, executives and some policyholders. The reorganization, in which MBIA stripped $5.4 […]

Hedge funds ‘are resilient’

Reuters – In spite of suffering more than most markets in the global downturn, hedge funds are likely to bounce back faster than other markets. That is the view of Barclay’s Capital director Frank Gerhard whose company is a major […]

Hedge Fund Assets Approach $3 Trillion

A new report released Monday by HedgeFund.net estimates the assets under management by hedge funds have reached nearly $3 trillion. According to the report, hedge fund assets increased 4.41 percent last quarter, in spite of rough equity markets, to reach […]

Hedges turn to business of rescue

Financial Times- Even as politicians and regulators accuse hedge fund short-sellers of trying to bring down banks in Britain, the US and Australia, top hedge managers are providing rescue capital to prop up the ailing corporate world. The latest bail-out […]

Hedge fund assets jump to $2,900bn

Financial Times – Hedge funds have more than $2,900bn under management, according to a survey of valuers of their assets, sharply up on last year in spite of the credit crunch and a series of high-profile problems in the industry. […]

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