Business and financial news for : BANKRUPTCY |
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Government to get 5 million preferred GMAC shares -
ibtimes-com
- 4 days ago
The federal government will get 5 million preferred shares of GMAC LLC paying 8 percent interest in exchange for its $5 billion capital injection to help the troubled lender avoid bankruptcy.
Bankruptcy
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Restaurants hit by sales drop, high costs in 2008 -
ibtimes-com
- 5 days ago
Declining consumer confidence took a bite out of restaurants' sales and profits in 2008, leading to bankruptcy filings at casual-dining chain's like Bennigan's and the closure of more than 600 Starbucks ...
Starbucks
Bankruptcy - Consumer Confidence
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For the auto sector, brakes gave out in 2008 -
ibtimes-com
- 5 days ago
For the auto sector--and many of its stocks--2008 was nearly the end of the road. First came the record-breaking rise of gas prices this summer. Next came the end of leasing. Then, the credit markets froze and consumer confidence ...
Bankruptcy - Consumer Confidence
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Thousands of stores to disappear in 2009 -
cnnmoney-com
- 6 days ago
The ugly sales year that was 2008 will haunt U.S. retailers in 2009, with industry experts warning that disastrous holiday sales will spark a domino effect of store closures and bankruptcy filings.
Bankruptcy
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LyondellBasell considers bankruptcy filing -
reuters-com
- 6 days ago
NEW YORK (Reuters) - LyondellBasell, the world's third-largest petrochemical company, is considering filing for Chapter 11 bankruptcy protection as it tries to restructure debt, a company spokeswoman said on Wednesday.
Bankruptcy
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Lehman Seeks Time to Pay Creditors -
wsj-com
- 6 days ago
Lehman says it can't file its plan to repay creditors, owed more than $600 billion, until next July at the earliest, as it continues winding down in the largest bankruptcy ever.
Bankruptcy
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LyondellBasell considers bankruptcy: report -
reuters-com
- 6 days ago
NEW YORK (Reuters) - LyondellBasell Industries AF SCA has told lenders it is considering filing for bankruptcy protection, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.
Bankruptcy - Wall Street
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Privately-held LyondellBasell mulling Chapter 11: Journal -
marketwatch-com
- 6 days ago
MADRID (MarketWatch) -- Netherlands-based LyondellBasell Industries, the third-largest independent chemical company, may file for bankruptcy, the Wall Street Journal reported on Wednesday, citing people familiar with ...
Bankruptcy - Wall Street
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The Dow Jones industrials' moves since Lehman fall -
ibtimes-com
- 6 days ago
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's fall, the credit markets ...
Lehman Brothers
Bankruptcy
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SIPC, trustee update Madoff liquidation proceeding -
marketwatch-com
- 7 days ago
BOSTON (MarketWatch) -- The Securities Investor Protection Corp. and the court-appointed trustee for the liquidation of Bernard Madoff's investment company on Tuesday said a U.S. bankruptcy court has approved the transfer of $29 million ...
Bernard Madoff
Bankruptcy
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Chesapeake Corp. files for bankruptcy protection -
usnews-com
- 7 days ago
RICHMOND, Va. (AP) -- Specialty packaging company Chesapeake Corp. has filed for Chapter 11 bankruptcy protection and plans to sell itself to a group of investors for about $485 million....
Chesapeake
Bankruptcy
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Closings loom for big-name stores -
washingtontimes-com
- 7 days ago
UPDATED: If the horrific holiday retail sales are any indication, it's likely that Circuit City, Linens-n-Things, the Sharper Image and other chains that have sought bankruptcy protection in 2008 will be joined by ...
Bankruptcy - Retail Sales
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Gimotive/Stankiewicz seeks bankruptcy -
usnews-com
- 7 days ago
HAMBURG, Germany (AP) -- Gimotive/Stankiewicz GmbH, a supplier of soundproofing insulation used by auto makers, has sought bankruptcy protection, the district court where it was filed said Tuesday....
Bankruptcy
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Adams appears headed for form of bankruptcy -
usnews-com
- 9 days ago
LONDON (AP) -- British children's clothing retailer Adams said Sunday it has taken a step toward filing for bankruptcy protection....
Bankruptcy
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Zavvi's Loss Is HMV's Gain -
forbes-com
- 13 days ago
The British retailer's shares got a lift as its rival filed for a form of bankruptcy.
Bankruptcy
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Zavvi's Loss Is HMV's Gain -
forbes-com
- 13 days ago
The British retailer's shares got a lift as its rival filed for a form of bankruptcy.
Bankruptcy
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Zavvi's Loss Is HMV's Gain -
forbes-com
- 13 days ago
The British retailer's shares got a lift as its rival filed for a form of bankruptcy.
Bankruptcy
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Zavvi's Loss Is HMV's Gain -
forbes-com
- 13 days ago
The British retailer's shares got a lift as its rival filed for a form of bankruptcy.
Bankruptcy
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Desperate Christmas for UK retailers -
usnews-com
- 13 days ago
LONDON (AP) -- British stores deepened discounts on Wednesday, hoping to lure in last-minute shoppers on Christmas Eve as a third major retailer collapsed into bankruptcy protection in 24 hours....
Bankruptcy
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Zavvi files for bankruptcy protection -
usnews-com
- 13 days ago
LONDON (AP) -- Britain's economic downturn claimed another prominent retailer Wednesday as music, games and DVD retail chain Zavvi filed for a form of bankruptcy protection, blaming the collapse of the Woolworth Group's distribution ...
Bankruptcy
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An U.S. auto industry teetering on bankruptcy hits Stillwater Mining hard -
ibtimes-com
- 13 days ago
S&P has downgraded its rating for Stillwater Mining to B- on its exposure to a very weak US auto industry, high cost profile and volatile pgm prices.
Stillwater Mining
Bankruptcy
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Chinese poisoned milk company goes bankrupt -
ft-com
- 13 days ago
New Zealand dairy export giant Fonterra Co-operative Group said on Wednesday that a Chinese company in which it has a big stake and that was involved in a scandal over poisoned baby formula, has gone into bankruptcy
Bankruptcy
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GMAC awaits a lifesaving debt swap to help avert bankruptcy -
usatoday-com
- 13 days ago
One minute before midnight Friday is GMAC's deadline for bondholders to swap $38 billion in debt for new bonds that are worth ...
Bankruptcy - Swap
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Chinese poisened milk company goes bankrupt -
ft-com
- 13 days ago
New Zealand dairy export giant Fonterra Co-operative Group Ltd said on Wednesday that a Chinese company in which it has a big stake and that was involved in a scandal over poisoned baby formula, has gone into bankruptcy
Bankruptcy
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GM's bankruptcy risk 'high' -
cnnmoney-com
- 14 days ago
Standard & Poor cut its rating to the lowest corporate crediting rating level and suspects the automaker will go bankrupt soon.
Bankruptcy
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Don't They Know It's Christmas? -
portfolio-com
- 14 days ago
Watch in January for some store chains to file for bankruptcy protection, for thousands and thousands of retail jobs to be eliminated, and for the kinds of deep-discounted sales that might lead you to think that other stores are going ...
Bankruptcy
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Flying J's Bankruptcy to Hit Suppliers, Not Customers -
ibtimes-com
- 15 days ago
Flying J Inc, which filed for bankruptcy protection on Monday said some of its suppliers would have to wait to be paid while customers should see no difference in service.
Bankruptcy
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Bankruptcy judge approves Circuit City financing -
usnews-com
- 15 days ago
RICHMOND, Va. (AP) -- Circuit City Stores Inc. on Monday received final approval for $1.1 billion in financing to keep operating while the nation's second-biggest electronics retailer is in Chapter 11 bankruptcy ...
Circuit City Stores
Bankruptcy
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Judge OKs Lehman settlement with Barclays and JPMorgan -
reuters-com
- 15 days ago
NEW YORK (Reuters) - A U.S. bankruptcy judge approved a settlement calling for $1.27 billion in cash plus securities with a face value of $5.7 billion to be transferred to Barclays Plc in connection with its purchase of ...
Barclays - Lehman Brothers
Bankruptcy
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How to Trade and Win from Risk Aversion in 2009? -
dailyfx-com
- 15 days ago
In 2008, a perfect storm hit the world financial markets, flooding hundreds of firms to the level of bankruptcy and forcing many investors to liquidate...
Bankruptcy
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Daily Forex Commentary - December 22 -
ibtimes-com
- 15 days ago
Australian Dollar: The Australian Dollar opens lower this morning and is trading just a shade above US68 cents. The Aussie hit a 24-hour low on Friday of 0.6765 as commodity prices weakened but it managed to stage a rally late in the New York session ...
Bankruptcy
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All the best for 2009 -
fxstreet-com
- 15 days ago
2008 has indeed been an extraordinary year, with the most severe financial crisis since the Depression in the 1930s. The concept of a pure investment bank has almost ceased to exist in the US, and we have seen events no one had dared imagine ? for example ...
Lehman Brothers
Bankruptcy
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The TARP Rolls into Detroit -
fxstreet-com
- 15 days ago
U.S. Review The TARP Rolls into Detroit President Bush authorized the Treasury to loan the Big Three domestic automakers $13.4 billion from the Troubled Asset Relief Program to carry them over into the new year. The bridge loan will forestall bankruptcy ...
Bankruptcy
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Atlas Leaves Lessors At Sea -
forbes-com
- 17 days ago
Bankruptcy spreads the hurt to companies that rented it vessels.
Bankruptcy
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Meltdown 101: Auto bailout winners and losers -
usnews-com
- 17 days ago
DETROIT (AP) -- Automakers are breathing a sigh of relief. Thanks to the $17.4 billion bailout loan approved by the Bush administration, they'll suddenly have the cash to pay their bills and avert a bankruptcy - at least for a little ...
Bankruptcy
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Atlas Shipping Shares Its Pain -
forbes-com
- 18 days ago
Bankruptcy puts pressure on companies that leased it their vessels.
Bankruptcy
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Parmalat bondholders emptyhanded from Milan trial -
ibtimes-com
- 18 days ago
A court's ruling that Parmalat's founder bore the brunt of the responsibility for the stunning 2003 bankruptcy of the dairy empire disappointed millions of ordinary investors hoping to squeeze additional damages from the banks that had ...
Bankruptcy
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Aid may require Big 3 restructuring -
washingtontimes-com
- 18 days ago
The White House indicated Thursday that it could require a major restructuring by Detroit automakers in exchange for government loans, such as a merger or an assisted bankruptcy.
Bankruptcy
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Polaroid files for Chapter 11 bankruptcy -
reuters-com
- 18 days ago
NEW YORK (Reuters) - Consumer electronics company Polaroid Corp said on Thursday it had filed for Chapter 11 bankruptcy in order to facilitate its restructuring.
Bankruptcy
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Automakers Risk Detour Through Bankruptcy -
forbes-com
- 18 days ago
After Chrysler decides to take a month off, U.S. suggests a prepackaged filing may be the way to go.
Bankruptcy
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Bankruptcy option looms as Bush weighs auto aid -
reuters-com
- 19 days ago
DETROIT/WASHINGTON (Reuters) - The White House said on Thursday it is considering the option of an "orderly" bankruptcy as it weighs aid for U.S. automakers and Chrysler LLC prepared to shut down all of its 30 factories for a month.
Bankruptcy
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Italy: Pamalat's Tanzi convicted in collapse -
ibtimes-com
- 19 days ago
Parmalat founder Calisto Tanzi was convicted Thursday of market rigging and other charges in the stunning 2003 collapse of the Italian dairy giant in what remains Europe's largest corporate bankruptcy.
Bankruptcy
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Bush mulling managed bankruptcy in auto industry -
reuters-com
- 19 days ago
WASHINGTON (Reuters) - The Bush administration is weighing the option of a managed bankruptcy in the U.S. auto industry as it works out an aid package that is close to being finalized, the White House said on Thursday.
Bankruptcy
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Lehman's liquidation turns to buy-out unit -
ft-com
- 19 days ago
Three months after the US bank's collapse, the unwinding of its assets in a bankruptcy court has only recently opened its second chapter, with the focus shifting to sellling selected pieces of its private equity business
Bankruptcy
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Orderly bankruptcy an option for auto firms: White House -
marketwatch-com
- 19 days ago
An orderly bankruptcy of U.S. automakers remains on the table as the White House considers how to proceed with a rescue plan, White House says.
Bankruptcy
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Sector Snap: Automakers fall on bankruptcy fears -
ibtimes-com
- 19 days ago
Shares of major automakers fell sharply Thursday after the Bush administration said it is considering an "orderly bankruptcy" as a means to deal with the ailing U.S. auto industry, raising questions about the fate of a federal bailout.
Bankruptcy
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Orderly bankruptcy of auto firms on table: White House -
marketwatch-com
- 19 days ago
WASHINGTON (MarketWatch) -- An orderly bankruptcy of U.S. automakers remains on the table as the White House considers how to proceed with a rescue plan, White House spokeswoman Dana Perino said Thursday. Bush administration officials ...
Bankruptcy
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White House considers 'orderly' bankruptcy for auto companies -
usatoday-com
- 19 days ago
The Bush administration is seriously considering "orderly" bankruptcy as a way of dealing with the ailing U.S. auto industry.
Bankruptcy
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Futures Rise Ahead of Jobless Numbers, FedEx Earnings -
foxbusiness-com
- 19 days ago
Stock futures were mostly higher Thursday, after reports came that General Motors (GM) and privately-held Chrysler are back in merger talks in order to help save each other from bankruptcy. Traders also have weekly ...
FedEx - General Motors
Bankruptcy - Jobless
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The Dow Jones industrials' moves since Lehman fall -
ibtimes-com
- 19 days ago
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's fall, the credit markets ...
Lehman Brothers
Bankruptcy
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CheapAutosInsurance.com Tracks Auto Bailout Developments -
marketwire-com
- 20 days ago
SAN JOSE, CALIFORNIA--(Marketwire - December 17, 2008) - Since its inception in 2003, href="http://www.cheapautosinsurance.com/">CheapAutosInsurance.com hascultivated a reputation for presenting accurate and comprehensiveinformation. Over the past few ...
General Motors
Bankruptcy
| More news (7)...
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Pilgrim's Pride board names Don Jackson president, CEO -
marketwatch-com
- 20 days ago
SAN FRANCISCO (MarketWatch) -- Pilgrim's Pride Corp. said late Tuesday its board named Don Jackson the company's president and chief executive subject to bankruptcy court approval. The company appointed Chairman Lonnie Ken ...
Pride
Bankruptcy
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Auto rescue being worked on quickly: Paulson -
reuters-com
- 20 days ago
WASHINGTON (Reuters) - A government bailout for automakers was being assembled as quickly and carefully as possible, Treasury Secretary Henry Paulson said on Tuesday as a new ratings report showed that bankruptcy was the most likely ...
Bankruptcy
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Moody's sees bankruptcy in automakers' future -
marketwatch-com
- 21 days ago
SAN FRANCISCO (MarketWatch) - While the White House remained mostly mum about the next chapter in the car bailout saga on Tuesday, Moody's Investors Service said there is a 70% chance the U.S. government will provide aid in a prepackaged bankruptcy ...
Bankruptcy
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Prominent NY law firm seeks bankruptcy protection -
ibtimes-com
- 21 days ago
The receiver assigned to run a prominent Manhattan law firm after its founder was charged in a massive fraud says the firm will seek bankruptcy protection.
Bankruptcy
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Rise of Bankruptcy Rate in Region Outpaces Rest of Nation -
nytimes-com
- 21 days ago
Filings for bankruptcy protection, by individuals and businesses, were pouring in at the rate of about 175 per day last quarter, and filings in the city and surrounding area increased by more than 36 percent.
Bankruptcy
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Moody's: Government-backed bankruptcy likely for automakers -
marketwatch-com
- 21 days ago
SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Tuesday said there is a 70% chance that the U.S. government will provide financial assistance in a prepackaged bankruptcy scenario for the domestic automakers. The credit ratings ...
Bankruptcy
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Bankruptcy wouldn't stop shoppers from buying U.S. cars -
usatoday-com
- 21 days ago
Contrary to comments by auto brass and Congress, buyers wouldn't shun products from a U.S. automaker that filed for bankruptcy, ...
Bankruptcy
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Syscan International Announces Filing Pursuant to the Bankruptcy and Insolv -
marketwire-com
- 21 days ago
MONTREAL, CANADA--(Marketwire - Dec. 15, 2008) - Syscan International Inc. ("Syscan" or the "Company") (TSX VENTURE:SYA) today announced that it has filed under the Bankruptcy and Insolvency Act and that a Trustee has been appointed ...
Bankruptcy
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Japanese homebuilder Matsumoto Kenko files for bankruptcy -
marketwatch-com
- 21 days ago
HONG KONG (MarketWatch) -- Japanese homebuilder Matsumoto Kenko Co. , filed for bankruptcy protection Monday with a Sapporo District Court, becoming the latest victim of the downturn in the Japanese property market, according to a report ...
Tuesday Morning
Bankruptcy - Nikkei
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Bankruptcy filings rise 30% this year -
cnnmoney-com
- 21 days ago
Bankruptcy filings rose 30% during the government's 2008 fiscal year, which ended Sept. 30, according to figures released Monday by the Administrative Office of the U.S. Courts.
Bankruptcy
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GM may need $30 billion government loan to survive: BofA -
reuters-com
- 22 days ago
NEW YORK (Reuters) - The U.S. government may need to lend General Motors Corp around $30 billion to help the automaker operate through a bankruptcy, or risk a systemic chain of failures in the auto industry, Bank ...
Bank of America - General Motors
Bankruptcy
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Bush administration assesses car-bailout questions: Journal -
marketwatch-com
- 22 days ago
TEL AVIV (MarketWatch) -- Now that the Bush administration has determined to help the auto industry on a larger-than-planned scale, it faces the questions of how much money to provide, how to raise the funds, and what strings to attach, including whether ...
Bankruptcy
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Bush doesn't set auto bailout timeline -
cnnmoney-com
- 22 days ago
President Bush said Monday he might use money from the Treasury program to aid financial services companies in order to avoid the bankruptcy of U.S. automakers, but he would not provide a timeline.
Bankruptcy
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US auto woes spell troubles for Japanese as well -
ibtimes-com
- 22 days ago
Even as General Motors and the entire U.S. auto industry teeters on the edge of collapse, its major rivals are hardly celebrating. Toyota and other Japanese carmakers say the bankruptcy of any ...
General Motors - Toyota Motor
Bankruptcy
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U.S. automakers face consolidation -
washingtontimes-com
- 23 days ago
Washington is crafting a political solution for Detroit that avoids picking winners and losers and seeks to prevent a bankruptcy by any of the three U.S. automakers, but the reality is at least one of the companies may need to fold.
Bankruptcy
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White House assessing options to aid carmakers -
ibtimes-com
- 23 days ago
The White House weighed its options Saturday for preventing a collapse of the troubled auto industry, once the backbone of the U.S. economy. So far, the only thing certain is that the Bush administration wants to avoid the possibility of a disorderly ...
Bankruptcy
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FOXBusiness.com's Week in Review: Dec. 8-12, 2008 -
foxbusiness-com
- 24 days ago
Business news this week: auto bailout saga continues, Tribune, KB Toys file for bankruptcy, and Wal-Mart to get the iPhone.
Wal Mart
Bankruptcy - iPhone
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Report: Brussels appeals court freezes Fortis deal -
usnews-com
- 25 days ago
AMSTERDAM, Netherlands (AP) -- A Belgian appeals court on Friday froze several major deals made by the former Belgian-Dutch bank Fortis NV in October to ward off bankruptcy, Dutch media reported....
Fortis
Bankruptcy
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KB Toys gets approval of early bankruptcy motions -
usnews-com
- 25 days ago
WILMINGTON, Del. (AP) -- A bankruptcy judge on Friday granted KB Toys' requests to use its existing cash management system and continue paying its workers as it prepares for going-out-of-business sales....
Bankruptcy
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Germany seizes funds to recover Lehman loss -
reuters-com
- 25 days ago
BERLIN (Reuters) - Germany has seized 163 million euros owed to a Lehman Brothers' unit in an attempt to recover at least part of the 300 million euros state lender KfW transferred to the U.S. bank the day it filed for bankruptcy.
Bankruptcy
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As GM bailout falters, GMAC races its own deadline -
reuters-com
- 25 days ago
NEW YORK (Reuters) - The auto and mortgage finance company GMAC LLC raced on Friday to meet a self-imposed deadline to complete a debt swap that would qualify it for federal aid, and avoid what analysts called a potential bankruptcy.
Bankruptcy - Swap
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Canadian Markets: Toronto stocks push tentatively into black -
marketwatch-com
- 25 days ago
Canadian stocks made modest gains, reversing an opening drop amid fears that a U.S. car maker bankruptcy would push the world further into recession.
Bankruptcy - Recession
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Syscan International Announces Intent to Make an Assignment to a Trustee ... -
marketwire-com
- 25 days ago
MONTREAL, CANADA--(Marketwire - Dec. 12, 2008) - Syscan International Inc. ("Syscan" or the "Company") (TSX VENTURE:SYA) today announced that it has resolved to make assignment pursuant to the Bankruptcy and Insolvency Act to a Trustee ...
Bankruptcy
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World markets down amid US car industry concerns -
ibtimes-com
- 25 days ago
World markets fell Friday amid concerns about the future of the U.S. auto industry following the Senate's rejection of a $14 billion rescue deal. However, the declines on Wall Street were less than futures markets were predicting ahead of the opening ...
Bankruptcy
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The Auto Wreck -
portfolio-com
- 25 days ago
If the economy wasn't ugly enough, here comes the year-end highway pileup in the fog. Bankruptcy filings by General Motors and Chrysler may be just weeks away after a $14 billion rescue plan died in ...
General Motors - Highway
Bankruptcy
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General Growth says still in debt talks -
usnews-com
- 25 days ago
CHICAGO (AP) -- Troubled mall owner General Growth Properties, trying to stave off bankruptcy, says it is still trying to negotiate an extension on $900 million in debt that is due to be repaid Friday, ...
General Growth Properties
Bankruptcy
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GM shares plunge in European trade -
ft-com
- 25 days ago
The carmaker's European arm said it was operating 'as usual' after the collapse in Congress overnight of a $14bn rescue bill for GM and Chrysler raised the spectre of a bankruptcy filing by the world's largest carmaker
Bankruptcy
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Notice to Shareholders Regarding the Results of a Court Application For ... -
marketwire-com
- 25 days ago
EDMONTON, ALBERTA--(Marketwire - Dec. 11, 2008) - ViRexx Medical Corp. ("ViRexx" and/or the "Company") announced today that an application (the "Court Application") was made today before Justice Bielby of the Court of Queen's Bench ...
ViRexx Medical
Bankruptcy
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GM Hires Advisers to Weigh Bankruptcy Filing -
wsj-com
- 25 days ago
GM has hired lawyers and bankers to consider whether to file for bankruptcy protection, highlighting the auto maker's growing desperation as it petitions Congress for a bailout plan.
Bailout Plan - Bankruptcy
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KB Toys Files for Bankruptcy, Will Close -
foxbusiness-com
- 25 days ago
KB Toys Inc., which operates 277 toy stores in malls across the nation, filed for Chapter 11 bankruptcy on Thursday, citing a “sharp decline” in sales during its critical holiday season.
Bankruptcy
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Pohl Leaving Skadden for Lazard -
wsj-com
- 26 days ago
Timothy Pohl, the co-head of the bankruptcy practice at Skadden, Arps, Slate, Meagher & Flom, is leaving to join Lazard.
Lazard
Bankruptcy
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Retailer KB Toys files for bankruptcy protection -
ibtimes-com
- 26 days ago
In another sign of the grim holiday season, KB Toys filed for bankruptcy protection for the second time in four years on Thursday, joining fellow retailers Linens 'n Things and Steve & Barry's in seeking Chapter 11 protection amid the ...
Bankruptcy - Recession
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Uncertainty on Lenders' Rank in Bailout -
wsj-com
- 26 days ago
The auto-bailout bill's current language leaves unclear who collects first in the event of a bankruptcy filing -- taxpayers or existing creditors.
Bankruptcy
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Initial hearing held in Tribune bankruptcy -
ibtimes-com
- 26 days ago
Tribune Co. was authorized Wednesday to make certain payments to employees, vendors and others as it works through a Chapter 11 bankruptcy reorganization.
Bankruptcy
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Tribune Co. allowed by bankruptcy court to operate normally -
marketwatch-com
- 27 days ago
SAN FRANCISCO (MarketWatch) -- Tribune Co., which filed for Chapter 11 bankruptcy protection on Monday, said Wednesday that the U.S. Bankruptcy Court in Delaware granted first-day motions allowing the company to operate ...
Bankruptcy
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Auto rescue plan: Devil is in the details -
usatoday-com
- 27 days ago
A government "car czar" with the power to force U.S. automakers into bankruptcy would dole out $15 billion in emergency loans ...
Bankruptcy
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The Congress will vote $15 billion injection for carmakers -
ibtimes-com
- 27 days ago
The one of the important news today whether Unites States will continue develop auto industry. It is expecting the Congress to vote for $15 billion aid for carmakers. According many investors these money will help for few months and in 2009 is expecting ...
Bankruptcy
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Tribune Filing Exposes Risks of ESOPs -
wsj-com
- 27 days ago
Tribune's bankruptcy filing highlights the risks of ESOPs that invest employee savings into company stock.
Bankruptcy
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Tribune is extreme, but more bankruptcies possible -
usnews-com
- 27 days ago
NEW YORK (AP) -- Although Tribune Co. has the distinction of being the first major newspaper publisher to seek bankruptcy protection in this sour economy, it is hardly alone in facing the deadly combination of high debt and declining ...
Bankruptcy
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Cubs sale could be helped by bankruptcy decision -
usnews-com
- 28 days ago
NEW YORK (AP) -- By keeping the storied Chicago Cubs baseball team and Wrigley Field out of its bankruptcy filing, Tribune Co. gains the freedom to run the team without having to constantly consult with a judge - and to continue soliciting ...
Bankruptcy
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What If Lehman Brothers Was Saved? -
businessweek-com
- 28 days ago
Over the past week, I’ve been interviewing investors, economists, and other financial experts for BusinessWeek’s upcoming Investment Outlook issue. Again and again, many of these informed folks bring up the Lehman Brothers bankruptcy ...
Lehman Brothers
Bankruptcy
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Corporate-Debt Work Wins Prize -
wsj-com
- 28 days ago
Hayne Leland won the inaugural Stephen A. Ross Prize in Financial Economics for his work on the relationship between corporate debt and taxes and bankruptcy costs.
Bankruptcy
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Tribune Company files for bankruptcy -
ft-com
- 28 days ago
The Tribune Company became the largest casualty of the crisis in US newspapers, filing for bankruptcy protection in a blow to Sam Zell, whose $8.2bn leveraged buyout closed only a year ago.
Bankruptcy
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Advantage Rent-A-Car files for bankruptcy -
usatoday-com
- 28 days ago
Car rental chain Advantage Rent-A-Car filed for bankruptcy protection Monday and closed about 40% of its U.S. retail locations, ...
Bankruptcy
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Tribune Co. files for Chapter 11 bankruptcy -
marketwatch-com
- 29 days ago
The media company files for bankruptcy protection to restructure its nearly $13 billion debt load, a move that dramatically underscores the dire circumstances clouding the near-term future of the newspaper industry.
Bankruptcy
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Tribune Co. Files for Chapter 11 -
wsj-com
- 29 days ago
Tribune Co. filed for bankruptcy protection, in a sign of worsening trouble for the newspaper industry. (Statement)
Bankruptcy
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Chicago Cubs not included in Tribune's Chapter 11 filing -
marketwatch-com
- 29 days ago
SAN FRANCISCO (MarketWatch) -- Tribune Co. said Monday it filed for Chapter 11 bankruptcy protection but its Chicago Cubs franchise, including Wrigley Field, is not included in the filing. "Efforts to monetize the Cubs and its related ...
Bankruptcy
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Frank:Bankruptcy law changes could be on the table next year -
marketwatch-com
- 29 days ago
WASHINGTON (MarketWatch) - House Financial Services Committee Chairman Barney Frank on Monday said that if foreclosures are not on the decline early next year he expects lawmakers to revive efforts to change bankruptcy law and let judges ...
Bankruptcy
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Tribune files for bankruptcy protection -
ibtimes-com
- 29 days ago
Media conglomerate Tribune Co. filed for bankruptcy protection Monday, as the owner of the Chicago Tribune, the Los Angeles Times, the Chicago Cubs and other properties tries to deal with $13 billion in debt.
Bankruptcy
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