Molycorp, once a Wall Street star with a $4 billion market cap, ran out of cash after the rare earth bubble burst.
Prime minister announces referendum on new bailout deal as deadline for $1.7 billion debt payment looms.
While the federal goverment's bailout treated AIG "undly harshly," it also saved the company, said a Federal Court of Claims judge.
Sciens Capital agrees to act as "stalking horse bidder" at court auction of Colt's assets.
Weekend talks break down after after Greece claims creditors’ representatives had no authority to negotiate a deal.
Discussions between EU and Greece bring up possibility of default at end of this month.
Greece has until June 30 to pay the International Monetary Fund a total of 1.5 billion euros.
The defunct lender's liquidating trust is opposing the payments to executives who were accused of contributing to its collapse.
The fall in oil prices is expected to fuel an increase in the oil and gas default rate from 2.7% to 7.4% by March 2016.
Analysts argue proposed restructuring doesn't address troubled company's fundamental problem.