Bankruptcy Blogs

The conviction of four former DBSI Inc. officials was a victory for the prosecution, although the government attorney acknowledged “the human price” of the case.

Mt. Gox founder Mark Karpelès said he would not come to the U.S. later this week to answer questions about the Japanese bitcoin exchange’s U.S. bankruptcy case, Mt. Gox lawyers told a federal judge on Monday. Read the DBR article in The Wall Street Journal.

Receiving Wide Coverage ...

Second Look at Citi: Don't be fooled by Citi's earnings. General consensus among news outlets is that profits may have bested expectations, but relief Â-- more than accolades Â-- is in order. "After two preceding quarters, in which Citi failed to meet already lowered expectations, a revelation of fraud in Mexico and a rejection of Citi's capital-return request by the Federal Reserve, discovering the ball hadn't been yanked away this time was...

If Huey Shen Wu, a U.S. research scientist who stole corporate secrets from his ex-employer,  is operating true to form, he fled to China before Delaware’s Court of Chancery, in an unprecedented move, issued what amounts to a warrant for his arrest.

Or he may still be hanging around, in Newark, Del., his last known residence, or in California, where he is believed to have family. For all anyone knows, Dr. Wu could be in Biscayne Bay, where, as Steely Dan once noted, the Cuban gentlemen sleep all day.

If Huey Shen Wu, a U.S. research scientist who stole corporate secrets from his ex-employer,  is operating true to form, he fled to China before Delaware’s Court of Chancery, in an unprecedented move, issued what amounts to a warrant for his arrest.

Or he may still be hanging around, in Newark, Del., his last known residence, or in California, where he is believed to have family. For all anyone knows, Dr. Wu could be in Biscayne Bay, where, as Steely Dan once noted, the Cuban gentlemen sleep all day.