bankruptcy filing

Former Lehman Brothers CEO Richard Fuld has been subpoenaed in connection with three grand jury probes into the investment bank's bankruptcy, a source with direct knowledge of the bankruptcy filing told CNN Friday.

Wall Street braced for a huge stock selloff Monday after one of the most calamitous days in U.S. financial services history resulted in Bank of America's $50 billion deal to buy Merrill Lynch and the bankruptcy filing of Lehman Brothers.

Shares in the parent company of United Airlines resumed Monday after being halted on rumors of a bankruptcy filing and a 27% plunge.

In the things you must read today department check out Michael Krigsman’s analysis of a bankruptcy filing by American LaFrance, a maker of custom firefighting equipment.

In the filing, American LaFrance alleges that IBM is responsible for the company’s bankruptcy because of a botched ERP implementation.