This just in: Dewey & LeBoeuf files for bankruptcy, punctuating the largest law firm collapse in U.S. history. Story to follow.
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Moody's says Detroit financial recovery plan indicates bond default or bankruptcy are real options - @Reuters
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Alabama's bankrupt Jefferson County says it reaches settlement with creditors on $105 million of bonds - @Reuters
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Mid Staffordshire NHS Foundation Trust to be put into administration, health regulator announces - @itvnews
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Bankruptcy estate of pharmacy linked to US meningitis outbreak to battle 30 states for insurance policies - @Reuters
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Judge in Casey Anthony's bankruptcy case to rule later on plan to sell her story - @orlandosentinel
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Deal to rescue UK's Axminster Carpets to be announced Saturday afternoon preserving 100 jobs in Devon, sources say - @SkyNewsBreak
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Report: Hilco signs £50 million deal to buy HMV out of administration; secures 2,500 jobs; announcement in next hour - @MarkKleinmanSky
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Stockton, the largest US city to declare bankruptcy, now begin negotiations over debt repayment - @kcranews
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