Hedge fund Harbinger Capital founded by billionaire Phil Falcone sues Deere & Co and Dish Network.
“There hasn’t been a big bankruptcy in the last six to nine months,” said a hedge fund investor. “More stuff is coming out of distress than is going in.” Distressed hedge funds have been top performers [...]
Tribune Co bankruptcy plan would turn over ownership to holders of the company's loans, hedge funds Oaktree Capital Management LP and Angelo, Gordon & Co and JPMorgan Chase The owner of 23 television stations and publisher [...]
LightSquared Inc. a startup telecommunications company, bankrolled by hedge fund Harbinger Capital filing chapter 11 LightSquared filed for Chapter 11 bankruptcy protection on few hour ago today after intense negotiations with creditors who had requested that [...]