What bankruptcy in America really means for 50 Cent
In the US, there are different types of bankruptcy. This one, called Chapter 11, can be used for big debts. It lets the rapper "reorganise" his finances while putting off debt payments in the meantime. He'll be able to keep his assets and should still …
Read more on BBC News

Creditor creates potential snag in Chassix plan to leave bankruptcy
Southfield-based Chassix Holdings Inc. could have trouble winning approval from a class of trade creditors for its plan to exit bankruptcy if Indianapolis-based Allison Transmission Inc. can get its litigation claim against Chassix temporarily valued …
Read more on Crain’s Detroit Business

Greece and Brussels cut a deal, but at what cost to the 'European project
“In the end, the eurozone was kept together, but you can't have many of these types of victories. It is wearing down the eurozone.” Regardless of which side advocates were on, the tone of the negotiations has cast a pall over European capitals. The …
Read more on Christian Science Monitor

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