Federal Bureau of Investigation agents on Thursday raided the headquarters of a California solar-panel maker that filed for bankruptcy this week and left U.S. taxpayers on the hook for as much as $527 million. Read The Wall Street Journal story here.
Saab Automobile AB Thursday met new obstacles as a Swedish district court rejected the cash-strapped company’s application for bankruptcy protection. Read The Wall Street Journal story here.
Saab Automobile AB Wednesday filed for protection from its creditors in Sweden, in a move that buys time for the car maker to secure additional short-term funding to restart production, reports The Wall Street Journal.
A bankruptcy judge signed off on Lehman Brothers Holdings Inc.’s deal to trim $3.7 billion from a claim tied to properties in London’s Canary Wharf financial district. Read the Daily Bankruptcy Review story here in The Wall Street Journal.
