Plans Bankruptcy

General Growth Announces Bankruptcy Court Confirmation of the Fashion – PR Inside
General Growth Properties, Inc. (NYSE: GGP) announced the Bankruptcy Court has confirmed plans of reorganization to restructure the Fashion Show LLC loan (“Fashion Show Loan”) and Phase II Mall Subsidiary, LLC loan (“Palazzo Loan”), the final

Daw: New bill would make retirement savings plans – Toronto Star
That bill would provide protection that is already enjoyed by members of pension plans, by individuals who declare bankruptcy and savers in several other provinces who have trouble repaying loans but have not declared bankruptcy. Ontario Finance

The Committee of Seventy’s Bankruptcy Idea: “Creative – Examiner
outstanding loans from the state” to get its permission to seek bankruptcy protection, and low and behold, it could “reduce debts, lower interest payments, and shed expensive union contracts and unmanageable pension plans.”

Jennifer Lopez`s ex Ojani Noa plans to file for bankruptcy – Monsters and Critics
Jennifer Lopez’s ex-husband is planning to file for bankruptcy. Hollywood star Jennifer Lopez is fighting to stop the release of a ‘humiliating’ kiss and tell book penned by her ex husband Ojani Noa. The actress has filed for an injunction to stop

General Growth Announces Bankruptcy Court Confirmation of the Fashion – PR Inside
General Growth Properties, Inc. (NYSE: GGP) announced the Bankruptcy Court has confirmed plans of reorganization to restructure the Fashion Show LLC loan (“Fashion Show Loan”) and Phase II Mall Subsidiary, LLC loan (“Palazzo Loan”), the final

Daw: New bill would make retirement savings plans – Toronto Star
That bill would provide protection that is already enjoyed by members of pension plans, by individuals who declare bankruptcy and savers in several other provinces who have trouble repaying loans but have not declared bankruptcy. Ontario Finance

The Committee of Seventy’s Bankruptcy Idea: “Creative – Examiner
outstanding loans from the state” to get its permission to seek bankruptcy protection, and low and behold, it could “reduce debts, lower interest payments, and shed expensive union contracts and unmanageable pension plans.”

Jennifer Lopez`s ex Ojani Noa plans to file for bankruptcy – Monsters and Critics
Jennifer Lopez’s ex-husband is planning to file for bankruptcy. Hollywood star Jennifer Lopez is fighting to stop the release of a ‘humiliating’ kiss and tell book penned by her ex husband Ojani Noa. The actress has filed for an injunction to stop

STATION CASINOS BANKRUPTCY CASE: Station: Nothing evil – Las Vegas Review Journal
An attorney representing Station Casinos, however, said the two restructuring plans are interrelated and need to be a separate holding company while putting the rest of the company up for a bankruptcy court-supervised auction. “This is a crafted

NorthernStar files for liquidation bankruptcy – Longview Daily News
Daily News file photo The proposed site of the Bradwood Landing LNG terminal on the Columbia River. NorthernStar Natural Gas, the Houston company that halted its plans to build a $650 million liquefied natural gas terminal on the Columbia River

STATION CASINOS BANKRUPTCY CASE: Station: Nothing evil – Las Vegas Review Journal
An attorney representing Station Casinos, however, said the two restructuring plans are interrelated and need to be a separate holding company while putting the rest of the company up for a bankruptcy court-supervised auction. “This is a crafted

NorthernStar files for liquidation bankruptcy – Longview Daily News
Daily News file photo The proposed site of the Bradwood Landing LNG terminal on the Columbia River. NorthernStar Natural Gas, the Houston company that halted its plans to build a $650 million liquefied natural gas terminal on the Columbia River

Daw: New bill would make retirement savings plans – Toronto Star
That bill would provide protection that is already enjoyed by members of pension plans, by individuals who declare bankruptcy and savers in several other provinces who have trouble repaying loans but have not declared bankruptcy. Ontario Finance

Congress may extend bankruptcy relief to private – LoHud.com
Supporters of the Private Student Loan Bankruptcy Fairness Act of 2010 argue that private borrowers lack important consumer protections that come with federal loans — such as deferment plans and income-based repayment options. Under legislation

Government taking over pensions for Grand Rapids-area auto supplier – WZZM 13
Automotive Systems, a Kentwood-based auto supplier that filed for Chapter 7 bankruptcy last year. The Pension Benefit Guaranty Corporation (PBGC) assumed responsibility last week for Meridian’s two underfunded pension plans, covering more than

NorthernStar files for Chapter 7 liquidation after – Gaea Times (blog)
Bernie’s, an electronics and appliance chain based in Connecticut, has filed for Chapter 11 bankruptcy protection, and plans to close its 15 stores. TLC Vision files for Chapter 11, says it has debt-to-equity swap deal with certain creditors December

Jennifer Lopez`s ex Ojani Noa plans to file for bankruptcy – Monsters and Critics
Jennifer Lopez’s ex-husband is planning to file for bankruptcy. Hollywood star Jennifer Lopez is fighting to stop the release of a ‘humiliating’ kiss and tell book penned by her ex husband Ojani Noa. The actress has filed for an injunction to stop

Michigan auto supplier abandons pension plans – Detroit News
The company abandoned the plans in bankruptcy, the federal pension agency said. The company is liquidating in bankruptcy. The pension plans covering bargaining unit employees in Jackson, Ohio, and another plan for hourly employees Centralia, Ill.,

Daw: New bill would make retirement savings plans – Toronto Star
That bill would provide protection that is already enjoyed by members of pension plans, by individuals who declare bankruptcy and savers in several other provinces who have trouble repaying loans but have not declared bankruptcy. Ontario Finance

Congress may extend bankruptcy relief to private – LoHud.com
Supporters of the Private Student Loan Bankruptcy Fairness Act of 2010 argue that private borrowers lack important consumer protections that come with federal loans — such as deferment plans and income-based repayment options. Under legislation

Government taking over pensions for Grand Rapids-area auto supplier – WZZM 13
Automotive Systems, a Kentwood-based auto supplier that filed for Chapter 7 bankruptcy last year. The Pension Benefit Guaranty Corporation (PBGC) assumed responsibility last week for Meridian’s two underfunded pension plans, covering more than

NorthernStar files for Chapter 7 liquidation after – Gaea Times (blog)
Bernie’s, an electronics and appliance chain based in Connecticut, has filed for Chapter 11 bankruptcy protection, and plans to close its 15 stores. TLC Vision files for Chapter 11, says it has debt-to-equity swap deal with certain creditors December

Jennifer Lopez`s ex Ojani Noa plans to file for bankruptcy – Monsters and Critics
Jennifer Lopez’s ex-husband is planning to file for bankruptcy. Hollywood star Jennifer Lopez is fighting to stop the release of a ‘humiliating’ kiss and tell book penned by her ex husband Ojani Noa. The actress has filed for an injunction to stop

Michigan auto supplier abandons pension plans – Detroit News
The company abandoned the plans in bankruptcy, the federal pension agency said. The company is liquidating in bankruptcy. The pension plans covering bargaining unit employees in Jackson, Ohio, and another plan for hourly employees Centralia, Ill.,

PUC Holds Hearing About FairPoint Reorganization Plan – WMTW Portland

PUC Holds Hearing About FairPoint Reorganization Plan WMTW Portland The state's Public Utilities Commission will take a close look at FairPoint's bankruptcy reorganization plans Wednesday. The PUC is holding two days of … FairPoint hearings begin in northern New EnglandCharlotte Observer all 29 news articles »

PUC Holds Hearing About FairPoint Reorganization Plan – WMTW Portland

PUC Holds Hearing About FairPoint Reorganization Plan WMTW Portland The state's Public Utilities Commission will take a close look at FairPoint's bankruptcy reorganization plans Wednesday. The PUC is holding two days of … FairPoint hearings begin in northern New EnglandCharlotte Observer all 29 news articles »

General Growth continues refinancing malls – Chicago Daily Herald

CNBC

General Growth continues refinancing malls Chicago Daily Herald … to provide financing for General Growth to confirm a reorganization plan. General Growth is scheduled for a hearing on May 5 for the bankruptcy judge in … General Growth Hearing Delayed Amid Competing BidsBusinessWeek General Growth Reorganisation Plan Hearing DelayedFinancier Worldwide Simon, Brookfield in a Stand-Off in General Growth's ReorganizationRetail Traffic all 84 news articles »

Magna Gets Approval For Reorganisation Plan – Financier Worldwide

Globe and Mail

Magna Gets Approval For Reorganisation Plan Financier Worldwide “We are thankful that the bankruptcy process is drawing to a close and we have recovered valued for our loans,” said Dennis Mills, MID's vice-chairman and … Bankruptcy judge approves Magna planDaily Racing Form (registration) Golden Gate Fields owner set to exit Chapter 11 bankruptcySan Francisco Business Times MEC Reorganization Plan Approved by JudgeBloodHorse PR Newswire (press release) -Thoroughbred Times all 132 news articles »

Spansion Inc. Reports First Quarter 2010 Results – MarketWatch (press release)

Spansion Inc. Reports First Quarter 2010 Results MarketWatch (press release) … or to successfully implement such a plan or obtain sufficient exit financing, if required, within the time granted by the US Bankruptcy Court, … and more »

Debt Management Plans – Credit Counseling Agencies Offer Advice on Getting Out … – Subprime Blogger (blog)

Debt Management Plans – Credit Counseling Agencies Offer Advice on Getting Out … Subprime Blogger (blog) If you are in a situation where you feel bankruptcy is on the horizon then you may want to consider contacting a credit counseling agency. … and more »

American HomePatient to go private – Bizjournals.com

American HomePatient to go private Bizjournals.com But the debt in question originated as it emerged from its last Chapter 11 bankruptcy, which it filed in 2002. As part of its plan to emerge from bankruptcy … American HomePatient plans to go privateReuters HomePatient going privateNashville Post (subscription) all 23 news articles »

Six Flags reaches deal to emerge from bankruptcy by Monday – Fort Worth Star Telegram

Six Flags reaches deal to emerge from bankruptcy by Monday Fort Worth Star Telegram Six Flags, based in New York, filed for bankruptcy in June with plans to cut debt by $1.8 billion. When the company exits bankruptcy, it will have debt of … and more »

General Growth continues refinancing malls – Chicago Daily Herald

CNBC

General Growth continues refinancing malls Chicago Daily Herald … to provide financing for General Growth to confirm a reorganization plan. General Growth is scheduled for a hearing on May 5 for the bankruptcy judge in … General Growth Hearing Delayed Amid Competing BidsBusinessWeek General Growth Reorganisation Plan Hearing DelayedFinancier Worldwide Simon, Brookfield in a Stand-Off in General Growth's ReorganizationRetail Traffic all 84 news articles »

Magna Gets Approval For Reorganisation Plan – Financier Worldwide

Globe and Mail

Magna Gets Approval For Reorganisation Plan Financier Worldwide “We are thankful that the bankruptcy process is drawing to a close and we have recovered valued for our loans,” said Dennis Mills, MID's vice-chairman and … Bankruptcy judge approves Magna planDaily Racing Form (registration) Golden Gate Fields owner set to exit Chapter 11 bankruptcySan Francisco Business Times MEC Reorganization Plan Approved by JudgeBloodHorse PR Newswire (press release) -Thoroughbred Times all 132 news articles »

Spansion Inc. Reports First Quarter 2010 Results – MarketWatch (press release)

Spansion Inc. Reports First Quarter 2010 Results MarketWatch (press release) … or to successfully implement such a plan or obtain sufficient exit financing, if required, within the time granted by the US Bankruptcy Court, … and more »

Debt Management Plans – Credit Counseling Agencies Offer Advice on Getting Out … – Subprime Blogger (blog)

Debt Management Plans – Credit Counseling Agencies Offer Advice on Getting Out … Subprime Blogger (blog) If you are in a situation where you feel bankruptcy is on the horizon then you may want to consider contacting a credit counseling agency. … and more »

American HomePatient to go private – Bizjournals.com

American HomePatient to go private Bizjournals.com But the debt in question originated as it emerged from its last Chapter 11 bankruptcy, which it filed in 2002. As part of its plan to emerge from bankruptcy … American HomePatient plans to go privateReuters HomePatient going privateNashville Post (subscription) all 23 news articles »

Six Flags reaches deal to emerge from bankruptcy by Monday – Fort Worth Star Telegram

Six Flags reaches deal to emerge from bankruptcy by Monday Fort Worth Star Telegram Six Flags, based in New York, filed for bankruptcy in June with plans to cut debt by $1.8 billion. When the company exits bankruptcy, it will have debt of … and more »

Corning Announces First-Quarter Results – MarketWatch (press release)

Corning Announces First-Quarter Results MarketWatch (press release) Several of the parties in the bankruptcy proceedings are anticipating that they will file a modification of the Amended PCC Plan with the Bankruptcy Court … and more »

GM Plans to Upgrade 5 Factories – New York Times (blog)

CBC.ca

GM Plans to Upgrade 5 Factories New York Times (blog) Since GM emerged from bankruptcy protection in July 2009, it has announced plans to invest $2.3 billion at 22 plants in the United States and Canada. … GM to Invest in Engine Plants, Boost JobsWall Street Journal GM Announces $890M Investment To Build New V8 Engines and Upgrade 5 PlantsNitrobahn GM plant upgrades to preserve 1600 jobsDetroit Free Press Winnipeg Free Press -Buffalo News -BusinessWeek all 638 news articles »

CIT Posts Profit After Bankruptcy – Financier Worldwide

Washington Post

CIT Posts Profit After Bankruptcy Financier Worldwide Commercial lender CIT Group said on Tuesday it posted a profit in its first quarter since emerging from bankruptcy protection and now plans to pay down … Battered CIT returns to profitabilityCNNMoney CIT Group Gains After Reorganized Lender Posts Surprise ProfitBusinessWeek all 223 news articles »

Philly Papers Face Milestone In Bankruptcy Fight – WBUR

Philly Papers Face Milestone In Bankruptcy Fight WBUR Bankrupt newspaper owners are counting on the economic recovery — and lightened debt loads — to make their reorganization plans work. … Yucaipa out, Perelmans added to Pa. newspaper bidThe Associated Press all 445 news articles »

Morning Must Reads — Goldman profits from Hill grilling – Washington Examiner (blog)

New York Times

Morning Must Reads — Goldman profits from Hill grilling Washington Examiner (blog) … failing financial institutions outside of bankruptcy court and it also offers a consumer protection agency to regulate lending. So, like the Dem plan, … Economic Agenda: April 28, 2010Washington Post Bank debate stalls in Senate as industry polishes imageUSA Today all 245 news articles »

Troubled Burr Oak in line for new owner – Chicago Tribune

Troubled Burr Oak in line for new owner Chicago Tribune Federal Bankruptcy Judge Pamela Hollis gave Cemecare LLC, which formed only two months ago, the green light Tuesday to buy Burr Oak, near Alsip, … and more »

How to Lower the Burden of Student Loans – New York Times (blog)

Debt Consolidation Connection

How to Lower the Burden of Student Loans New York Times (blog) Bankruptcy: It is possible, according to Mr. Stewart, to discharge loans through bankruptcy. If you file for bankruptcy protection, you would file an … 6 Steps to Reducing Your Student Loan CostsU.S. News & World Report all 32 news articles »

Ford’s hurdle now is high debt – Detroit Free Press

Washington Post

Ford's hurdle now is high debt Detroit Free Press Ford was the first automaker to strike a deal with the UAW last year to revise its labor contract, but GM and Chrysler, as part of their bankruptcy … Ford Makes $2.1 Billion, Its Fourth Consecutive Quarterly ProfitNew York Times Ford Revs Up ProfitWall Street Journal The Only US Automaker on Track, Ford Posts $2.1 Billion First-Quarter EarningsMoney Morning NEXT -DailyFinance -Autochannel (press release) all 955 news articles »

Ex-Bernie’s owner plans retail revival – Hartford Business

Ex-Bernie's owner plans retail revival Hartford Business Rosenberg received approval Monday from US Bankruptcy Court in Hartford to buy the Bernie's name out of bankruptcy court for $150000 from Citizens Bank, … Bernie's Owner To Open New Store In Manchester June 1Hartford Courant Bernie's Owner Plans To Relaunch StoreWFSB Hartford all 12 news articles »

Magna Gets Approval For Reorganisation Plan – Financier Worldwide

Globe and Mail

Magna Gets Approval For Reorganisation Plan Financier Worldwide “We are thankful that the bankruptcy process is drawing to a close and we have recovered valued for our loans,” said Dennis Mills, MID's vice-chairman and … Bankruptcy judge approves Magna planDaily Racing Form (registration) Golden Gate Fields owner set to exit Chapter 11 bankruptcySan Francisco Business Times MEC Reorganization Plan Approved by JudgeBloodHorse PR Newswire (press release) -Thoroughbred Times all 132 news articles »

Corning Announces First-Quarter Results – MarketWatch (press release)

Corning Announces First-Quarter Results MarketWatch (press release) Several of the parties in the bankruptcy proceedings are anticipating that they will file a modification of the Amended PCC Plan with the Bankruptcy Court … and more »

GM Plans to Upgrade 5 Factories – New York Times (blog)

CBC.ca

GM Plans to Upgrade 5 Factories New York Times (blog) Since GM emerged from bankruptcy protection in July 2009, it has announced plans to invest $2.3 billion at 22 plants in the United States and Canada. … GM to Invest in Engine Plants, Boost JobsWall Street Journal GM Announces $890M Investment To Build New V8 Engines and Upgrade 5 PlantsNitrobahn GM plant upgrades to preserve 1600 jobsDetroit Free Press Winnipeg Free Press -Buffalo News -BusinessWeek all 638 news articles »

CIT Posts Profit After Bankruptcy – Financier Worldwide

Washington Post

CIT Posts Profit After Bankruptcy Financier Worldwide Commercial lender CIT Group said on Tuesday it posted a profit in its first quarter since emerging from bankruptcy protection and now plans to pay down … Battered CIT returns to profitabilityCNNMoney CIT Group Gains After Reorganized Lender Posts Surprise ProfitBusinessWeek all 223 news articles »

Philly Papers Face Milestone In Bankruptcy Fight – WBUR

Philly Papers Face Milestone In Bankruptcy Fight WBUR Bankrupt newspaper owners are counting on the economic recovery — and lightened debt loads — to make their reorganization plans work. … Yucaipa out, Perelmans added to Pa. newspaper bidThe Associated Press all 445 news articles »

Morning Must Reads — Goldman profits from Hill grilling – Washington Examiner (blog)

New York Times

Morning Must Reads — Goldman profits from Hill grilling Washington Examiner (blog) … failing financial institutions outside of bankruptcy court and it also offers a consumer protection agency to regulate lending. So, like the Dem plan, … Economic Agenda: April 28, 2010Washington Post Bank debate stalls in Senate as industry polishes imageUSA Today all 245 news articles »

Troubled Burr Oak in line for new owner – Chicago Tribune

Troubled Burr Oak in line for new owner Chicago Tribune Federal Bankruptcy Judge Pamela Hollis gave Cemecare LLC, which formed only two months ago, the green light Tuesday to buy Burr Oak, near Alsip, … and more »

How to Lower the Burden of Student Loans – New York Times (blog)

Debt Consolidation Connection

How to Lower the Burden of Student Loans New York Times (blog) Bankruptcy: It is possible, according to Mr. Stewart, to discharge loans through bankruptcy. If you file for bankruptcy protection, you would file an … 6 Steps to Reducing Your Student Loan CostsU.S. News & World Report all 32 news articles »

Ford’s hurdle now is high debt – Detroit Free Press

Washington Post

Ford's hurdle now is high debt Detroit Free Press Ford was the first automaker to strike a deal with the UAW last year to revise its labor contract, but GM and Chrysler, as part of their bankruptcy … Ford Makes $2.1 Billion, Its Fourth Consecutive Quarterly ProfitNew York Times Ford Revs Up ProfitWall Street Journal The Only US Automaker on Track, Ford Posts $2.1 Billion First-Quarter EarningsMoney Morning NEXT -DailyFinance -Autochannel (press release) all 955 news articles »

Ex-Bernie’s owner plans retail revival – Hartford Business

Ex-Bernie's owner plans retail revival Hartford Business Rosenberg received approval Monday from US Bankruptcy Court in Hartford to buy the Bernie's name out of bankruptcy court for $150000 from Citizens Bank, … Bernie's Owner To Open New Store In Manchester June 1Hartford Courant Bernie's Owner Plans To Relaunch StoreWFSB Hartford all 12 news articles »

Magna Gets Approval For Reorganisation Plan – Financier Worldwide

Globe and Mail

Magna Gets Approval For Reorganisation Plan Financier Worldwide “We are thankful that the bankruptcy process is drawing to a close and we have recovered valued for our loans,” said Dennis Mills, MID's vice-chairman and … Bankruptcy judge approves Magna planDaily Racing Form (registration) Golden Gate Fields owner set to exit Chapter 11 bankruptcySan Francisco Business Times MEC Reorganization Plan Approved by JudgeBloodHorse PR Newswire (press release) -Thoroughbred Times all 132 news articles »

Don’t believe the hype on GM’s loan repayment – Edmond Sun

Reuters

Don't believe the hype on GM's loan repayment Edmond Sun Much of the improvement comes from GM slashing its debt load (thanks to us) and workforce as part of its bankruptcy reorganization last year. … GM Pays on Loan & Makes Expansion PlansNightly Business Report Poll shows GM's image is improvingOakland Press Fairfax's bailout bonus part of progress at GMKansas City Star Sydney Morning Herald -WatertownDailyTimes.com -BusinessWeek all 941 news articles »

US Said to Make Plans for Shedding AIG Stake – New York Times (blog)

US Said to Make Plans for Shedding AIG Stake New York Times (blog) The Treasury invested about $47 billion in the company to save it from bankruptcy in 2008. The plan is a reminder of Timothy F. Geithner's saying the … and more »

Company seeks bankruptcy after Elvis Presley resort plans fizzle – Las Vegas Sun

Company seeks bankruptcy after Elvis Presley resort plans fizzle Las Vegas Sun FX said in its filing that it plans to auction the land as part of the bankruptcy process, but if there is a lack of qualified bidders, the investors have … and more »

Simon Improves General Growth Plan, Proposes 2 Directors – Wall Street Journal

Inside INdiana Business (press release)

Simon Improves General Growth Plan, Proposes 2 Directors Wall Street Journal The mall giant said it has agreed to backstop a $1.5 billion credit line necessary for General Growth to emerge from bankruptcy, "thus eliminating a great … Brookfield Said to Want Flatt, Clark for General Growth BoardBusinessWeek Simon says it improved offer for General GrowthThe Associated Press Simon attracts more co-investors for General GrowthChicago Daily Herald Reuters -Stock Markets Review all 242 news articles »

Lyondell judge approves plan to exit bankruptcy – Reuters

Kalamazoo Gazette – MLive.com

Lyondell judge approves plan to exit bankruptcy Reuters Under its stand-alone plan, the details of which were released in March, Lyondell plans to emerge from bankruptcy as Netherlands-based LyondellBasell, … Lyondell's Chapter 11 Reorganization Plan ApprovedBusinessWeek Funding could be expanded for Allied landfill cleanup as sources may go beyond …Kalamazoo Gazette – MLive.com Lyondell's Chapter 11 reorganization plan approvedHouston Chronicle all 169 news articles »

Popular burger chain files for bankruptcy – WOAI

OCRegister (blog)

Popular burger chain files for bankruptcy WOAI Magic Brands, which owns Fuddruckers, filed for Chapter 11 bankruptcy and plans to close 24 corporate-owned stores by the end of the month. … Burger Chain Fuddruckers Files for Chapter 11Wall Street Journal Fuddruckers parent files bankruptcy, to be soldReuters Magic Brands, Owner of Fuddruckers Restaurants, Files Chapter 11The Distressed Debt Alert Los Angeles Times (blog) -Bizjournals.com all 58 news articles »

Bids due Friday to enter Philly newspaper auction – The Associated Press

Bids due Friday to enter Philly newspaper auction The Associated Press … newspapers must enter a bid Friday to take part in next week's bankruptcy auction. Two parties have announced plans to bid: a group of local investors, … and more »

With plans to hire 200 seasonal workers, Double JJ Resort’s giving Oceana … – Muskegon Chronicle – MLive.com

Muskegon Chronicle – MLive.com

With plans to hire 200 seasonal workers, Double JJ Resort's giving Oceana … Muskegon Chronicle – MLive.com In the past year and a half, the Double JJ — the dude-ranch-themed destination resort in Grant Township — has gone through bankruptcy, closure, … and more »

Landry’s expands notes offering – BusinessWeek

Landry's expands notes offering BusinessWeek The company said it plans to use the proceeds from the offering to pay for the acquisition of Oceanaire, if approved by the US Bankruptcy Court, … Landry's Expects to Close on Oceanaire Acquisition MondayCitybizlist Real Estate Landry's Restaurants, Inc. Announces Pricing of Additional $47.0 Million of …PR Newswire (press release) all 41 news articles »

Don’t believe the hype on GM’s loan repayment – Edmond Sun

Reuters

Don't believe the hype on GM's loan repayment Edmond Sun Much of the improvement comes from GM slashing its debt load (thanks to us) and workforce as part of its bankruptcy reorganization last year. … GM Pays on Loan & Makes Expansion PlansNightly Business Report Poll shows GM's image is improvingOakland Press Fairfax's bailout bonus part of progress at GMKansas City Star Sydney Morning Herald -WatertownDailyTimes.com -BusinessWeek all 941 news articles »

US Said to Make Plans for Shedding AIG Stake – New York Times (blog)

US Said to Make Plans for Shedding AIG Stake New York Times (blog) The Treasury invested about $47 billion in the company to save it from bankruptcy in 2008. The plan is a reminder of Timothy F. Geithner's saying the … and more »

Company seeks bankruptcy after Elvis Presley resort plans fizzle – Las Vegas Sun

Company seeks bankruptcy after Elvis Presley resort plans fizzle Las Vegas Sun FX said in its filing that it plans to auction the land as part of the bankruptcy process, but if there is a lack of qualified bidders, the investors have … and more »

Simon Improves General Growth Plan, Proposes 2 Directors – Wall Street Journal

Inside INdiana Business (press release)

Simon Improves General Growth Plan, Proposes 2 Directors Wall Street Journal The mall giant said it has agreed to backstop a $1.5 billion credit line necessary for General Growth to emerge from bankruptcy, "thus eliminating a great … Brookfield Said to Want Flatt, Clark for General Growth BoardBusinessWeek Simon says it improved offer for General GrowthThe Associated Press Simon attracts more co-investors for General GrowthChicago Daily Herald Reuters -Stock Markets Review all 242 news articles »

Lyondell judge approves plan to exit bankruptcy – Reuters

Kalamazoo Gazette – MLive.com

Lyondell judge approves plan to exit bankruptcy Reuters Under its stand-alone plan, the details of which were released in March, Lyondell plans to emerge from bankruptcy as Netherlands-based LyondellBasell, … Lyondell's Chapter 11 Reorganization Plan ApprovedBusinessWeek Funding could be expanded for Allied landfill cleanup as sources may go beyond …Kalamazoo Gazette – MLive.com Lyondell's Chapter 11 reorganization plan approvedHouston Chronicle all 169 news articles »

Popular burger chain files for bankruptcy – WOAI

OCRegister (blog)

Popular burger chain files for bankruptcy WOAI Magic Brands, which owns Fuddruckers, filed for Chapter 11 bankruptcy and plans to close 24 corporate-owned stores by the end of the month. … Burger Chain Fuddruckers Files for Chapter 11Wall Street Journal Fuddruckers parent files bankruptcy, to be soldReuters Magic Brands, Owner of Fuddruckers Restaurants, Files Chapter 11The Distressed Debt Alert Los Angeles Times (blog) -Bizjournals.com all 58 news articles »

Bids due Friday to enter Philly newspaper auction – The Associated Press

Bids due Friday to enter Philly newspaper auction The Associated Press … newspapers must enter a bid Friday to take part in next week's bankruptcy auction. Two parties have announced plans to bid: a group of local investors, … and more »

With plans to hire 200 seasonal workers, Double JJ Resort’s giving Oceana … – Muskegon Chronicle – MLive.com

Muskegon Chronicle – MLive.com

With plans to hire 200 seasonal workers, Double JJ Resort's giving Oceana … Muskegon Chronicle – MLive.com In the past year and a half, the Double JJ — the dude-ranch-themed destination resort in Grant Township — has gone through bankruptcy, closure, … and more »

Landry’s expands notes offering – BusinessWeek

Landry's expands notes offering BusinessWeek The company said it plans to use the proceeds from the offering to pay for the acquisition of Oceanaire, if approved by the US Bankruptcy Court, … Landry's Expects to Close on Oceanaire Acquisition MondayCitybizlist Real Estate Landry's Restaurants, Inc. Announces Pricing of Additional $47.0 Million of …PR Newswire (press release) all 41 news articles »

Smurfit, shareholders start bankruptcy plan fight – Reuters

Smurfit, shareholders start bankruptcy plan fight Reuters Shareholders have focused on Smurfit's use of 2009 for their base year in their projections, "the year the company spent 11 months in bankruptcy amid a deep … and more »

Burger Chain Fuddruckers Files for Chapter 11 – Wall Street Journal

Burger Chain Fuddruckers Files for Chapter 11 Wall Street Journal Burger chain Fuddruckers Inc. and its parent, Magic Brands LLC, filed for Chapter 11 bankruptcy protection Wednesday to … Fuddruckers parent files bankruptcy, to be soldReuters Parent company of Fuddruckers, Koo Koo Roo files for Chapter 11 and plans to …Los Angeles Times (blog) Freebirds' owner to buy ailing FuddruckersAustin Business Journal all 20 news articles »

Creditors unhappy with Station Casinos bankruptcy plan – Las Vegas Review – Journal

Creditors unhappy with Station Casinos bankruptcy plan Las Vegas Review – Journal … executives' latest plans to keep the company's assets, and they've asked the bankruptcy court for more time to investigate reorganization proposals. … Creditors attack Station Casinos bankruptcy planLas Vegas Sun all 7 news articles »

Tribune reaches agreement on bankruptcy examiner – The Associated Press

Tribune reaches agreement on bankruptcy examiner The Associated Press … to Tribune's bankruptcy case and resolve suspicions surrounding the company's treatment of various creditor groups. Under Tribune's plan, major lenders … and more »

Simon Sweetens Offer for GGP – Wall Street Journal

Inside INdiana Business (press release)

Simon Sweetens Offer for GGP Wall Street Journal Mall Giant Simon Property Group Inc. revised a recent offer to finance a bankruptcy exit for rival General Growth Properties … Simon Adds $1.1 Billion to General Growth ProposalBusinessWeek Simon to present offer to General Growth board-sourceReuters Simon Property Gets $1.1 Bln In New Capital Commitments For General Growth …Stock Markets Review all 47 news articles »

Smurfit, shareholders start bankruptcy plan fight – Reuters

Smurfit, shareholders start bankruptcy plan fight Reuters Shareholders have focused on Smurfit's use of 2009 for their base year in their projections, "the year the company spent 11 months in bankruptcy amid a deep … and more »

Burger Chain Fuddruckers Files for Chapter 11 – Wall Street Journal

Burger Chain Fuddruckers Files for Chapter 11 Wall Street Journal Burger chain Fuddruckers Inc. and its parent, Magic Brands LLC, filed for Chapter 11 bankruptcy protection Wednesday to … Fuddruckers parent files bankruptcy, to be soldReuters Parent company of Fuddruckers, Koo Koo Roo files for Chapter 11 and plans to …Los Angeles Times (blog) Freebirds' owner to buy ailing FuddruckersAustin Business Journal all 20 news articles »

Creditors unhappy with Station Casinos bankruptcy plan – Las Vegas Review – Journal

Creditors unhappy with Station Casinos bankruptcy plan Las Vegas Review – Journal … executives' latest plans to keep the company's assets, and they've asked the bankruptcy court for more time to investigate reorganization proposals. … Creditors attack Station Casinos bankruptcy planLas Vegas Sun all 7 news articles »

Tribune reaches agreement on bankruptcy examiner – The Associated Press

Tribune reaches agreement on bankruptcy examiner The Associated Press … to Tribune's bankruptcy case and resolve suspicions surrounding the company's treatment of various creditor groups. Under Tribune's plan, major lenders … and more »

Simon Sweetens Offer for GGP – Wall Street Journal

Inside INdiana Business (press release)

Simon Sweetens Offer for GGP Wall Street Journal Mall Giant Simon Property Group Inc. revised a recent offer to finance a bankruptcy exit for rival General Growth Properties … Simon Adds $1.1 Billion to General Growth ProposalBusinessWeek Simon to present offer to General Growth board-sourceReuters Simon Property Gets $1.1 Bln In New Capital Commitments For General Growth …Stock Markets Review all 47 news articles »

Visalia Mall owners weigh revised bankruptcy exit plans – Visalia Times-Delta

Boston Globe

Visalia Mall owners weigh revised bankruptcy exit plans Visalia Times-Delta Two companies have put in similar competing bids to sponsor a bankruptcy exit plan for General Growth Properties Inc., which owns the Visalia Mall. … Simon Property boosts offer for General GrowthThe Associated Press Simon's $6.5B Deal Now Worth It, Say AnalystsGlobeSt.com Daily BriefingThe News Journal RTT News -Trading Markets (press release) all 536 news articles »

Spansion Wins Court Approval to Reorganize, Exit Bankruptcy – BusinessWeek

Spansion Wins Court Approval to Reorganize, Exit Bankruptcy BusinessWeek April 17 (Bloomberg) — Spansion Inc., a California maker of memory chips, won court approval of its plan to exit bankruptcy, … Spansion: Nearly out of Chapter 11EETimes.com all 37 news articles »

Heartland Publications says bankruptcy plan approved – Reuters

Heartland Publications says bankruptcy plan approved Reuters UL] said on Friday that a federal court had approved its plan to emerge from bankruptcy, which it plans to do within two weeks. The company said it expected … and more »

Smurfit Stone says creditors vote in favor of reorg plan – Reuters

Smurfit Stone says creditors vote in favor of reorg plan Reuters The confirmation hearing on the reorganization plan is scheduled for Thursday in a Delaware bankruptcy court. Smurfit Stone said one of its Canadian special … Smurfit-Stone gets green light for reorgChicago Daily Herald Smurfit says creditors back plan, but battle loomsReuters all 16 news articles »

GOP Warms To Breaking Up The Big Banks – Huffington Post (blog)

GOP Warms To Breaking Up The Big Banks Huffington Post (blog) House Republicans, meanwhile, say their alternative to breaking up the banks is to make big institutions go through the bankruptcy code. … Debate over financial overhaul intensifies in SenateWashington Post Financial Reform Debate Approaches, Democrats Promise to Move QuicklySEOLawFirm.com Legal Newsroom GOP rips banking overhaul bill as a bailoutBoston Globe Firedoglake (blog) -Waterbury Republican American -The Associated Press all 2,411 news articles »

Mall owner files reorganization plans with bankruptcy court – Elk Grove Citizen

Mall owner files reorganization plans with bankruptcy court Elk Grove Citizen General Growth Properties, which filed for bankruptcy protection last April, plans to split into two companies and issue new debt and stocks. …

Tribune blocks competing reorganization plans – Reuters

MiamiHerald.com

Tribune blocks competing reorganization plans Reuters A bankruptcy court judge on Tuesday gave the publisher of the Chicago Tribune and Los Angeles Times the exclusive right to propose a plan of reorganization, … Page: Trib 1, creditors?Newspapers and Technology Summary Box: Tribune judge rejects filing of alternative plan, hints at need …Gaea Times (blog) Tribune Files Reorganization Plan…All Access Music Group Newspapers and Technology all 593 news articles »

BANKRUPTCY WEEK AHEAD: LyondellBasell Seeks Chapter 11 Plan Approval – Wall Street Journal

BANKRUPTCY WEEK AHEAD: LyondellBasell Seeks Chapter 11 Plan Approval Wall Street Journal The company also plans to borrow $5 billion to fund its exit from bankruptcy. Apollo, one of LyondellBasell's biggest lenders, has committed $1.5 billion, …

Bankruptcy Court Approved the Management Incentive Plan for Vermillion Directors – PR Newswire (press release)

Bankruptcy Court Approved the Management Incentive Plan for Vermillion Directors PR Newswire (press release) … Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") issued an order on April 14, approving a Management Incentive Plan (the "Plan") … and more »

Housing Plan Survives For St. Vincent’s Site – New York Times

Housing Plan Survives For St. Vincent's Site New York Times Because St. Vincent's has filed for bankruptcy, the bankruptcy court could decide whether the Rudin contract is the best deal for the hospital's creditors, … and more »

Visalia Mall owners weigh revised bankruptcy exit plans – Visalia Times-Delta

Boston Globe

Visalia Mall owners weigh revised bankruptcy exit plans Visalia Times-Delta Two companies have put in similar competing bids to sponsor a bankruptcy exit plan for General Growth Properties Inc., which owns the Visalia Mall. … Simon Property boosts offer for General GrowthThe Associated Press Simon's $6.5B Deal Now Worth It, Say AnalystsGlobeSt.com Daily BriefingThe News Journal RTT News -Trading Markets (press release) all 536 news articles »

Spansion Wins Court Approval to Reorganize, Exit Bankruptcy – BusinessWeek

Spansion Wins Court Approval to Reorganize, Exit Bankruptcy BusinessWeek April 17 (Bloomberg) — Spansion Inc., a California maker of memory chips, won court approval of its plan to exit bankruptcy, … Spansion: Nearly out of Chapter 11EETimes.com all 37 news articles »

Heartland Publications says bankruptcy plan approved – Reuters

Heartland Publications says bankruptcy plan approved Reuters UL] said on Friday that a federal court had approved its plan to emerge from bankruptcy, which it plans to do within two weeks. The company said it expected … and more »

Smurfit Stone says creditors vote in favor of reorg plan – Reuters

Smurfit Stone says creditors vote in favor of reorg plan Reuters The confirmation hearing on the reorganization plan is scheduled for Thursday in a Delaware bankruptcy court. Smurfit Stone said one of its Canadian special … Smurfit-Stone gets green light for reorgChicago Daily Herald Smurfit says creditors back plan, but battle loomsReuters all 16 news articles »

GOP Warms To Breaking Up The Big Banks – Huffington Post (blog)

GOP Warms To Breaking Up The Big Banks Huffington Post (blog) House Republicans, meanwhile, say their alternative to breaking up the banks is to make big institutions go through the bankruptcy code. … Debate over financial overhaul intensifies in SenateWashington Post Financial Reform Debate Approaches, Democrats Promise to Move QuicklySEOLawFirm.com Legal Newsroom GOP rips banking overhaul bill as a bailoutBoston Globe Firedoglake (blog) -Waterbury Republican American -The Associated Press all 2,411 news articles »

Mall owner files reorganization plans with bankruptcy court – Elk Grove Citizen

Mall owner files reorganization plans with bankruptcy court Elk Grove Citizen General Growth Properties, which filed for bankruptcy protection last April, plans to split into two companies and issue new debt and stocks. …

Tribune blocks competing reorganization plans – Reuters

MiamiHerald.com

Tribune blocks competing reorganization plans Reuters A bankruptcy court judge on Tuesday gave the publisher of the Chicago Tribune and Los Angeles Times the exclusive right to propose a plan of reorganization, … Page: Trib 1, creditors?Newspapers and Technology Summary Box: Tribune judge rejects filing of alternative plan, hints at need …Gaea Times (blog) Tribune Files Reorganization Plan…All Access Music Group Newspapers and Technology all 593 news articles »

BANKRUPTCY WEEK AHEAD: LyondellBasell Seeks Chapter 11 Plan Approval – Wall Street Journal

BANKRUPTCY WEEK AHEAD: LyondellBasell Seeks Chapter 11 Plan Approval Wall Street Journal The company also plans to borrow $5 billion to fund its exit from bankruptcy. Apollo, one of LyondellBasell's biggest lenders, has committed $1.5 billion, …

Bankruptcy Court Approved the Management Incentive Plan for Vermillion Directors – PR Newswire (press release)

Bankruptcy Court Approved the Management Incentive Plan for Vermillion Directors PR Newswire (press release) … Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") issued an order on April 14, approving a Management Incentive Plan (the "Plan") … and more »

Housing Plan Survives For St. Vincent’s Site – New York Times

Housing Plan Survives For St. Vincent's Site New York Times Because St. Vincent's has filed for bankruptcy, the bankruptcy court could decide whether the Rudin contract is the best deal for the hospital's creditors, … and more »

MedQuist to buy bankrupt Spheris for $116.3 mln – Reuters

MedQuist to buy bankrupt Spheris for $116.3 mln Reuters Spheris filed for bankruptcy in February and had announced plans to sell its US business to MedQuist for $75.25 million. Earlier this month, another medical … MedQuist buys Spheris for $116MNashville Business Journal all 30 news articles »

St. Vincent’s $1 billion bankruptcy, round 2 – Crain’s New York Business

NY1

St. Vincent's $1 billion bankruptcy, round 2 Crain’s New York Business EXPANSION: Staten Island University Hospital plans to build an education and conference center on its North Campus. The $12.8 million, 21000-square-foot … St. Vincent's files for bankruptcy protectionModernHealthcare.com all 33 news articles »

Bankruptcy Numbers Drop 6 Percent in Q1 – Memphis Daily News

Bankruptcy Numbers Drop 6 Percent in Q1 Memphis Daily News Debtors filing Chapter 13 plans agree to stick to a court-approved repayment plan for a percentage of their debt. Those filings dropped too during the … and more »

MedQuist to buy bankrupt Spheris for $116.3 mln – Reuters

MedQuist to buy bankrupt Spheris for $116.3 mln Reuters Spheris filed for bankruptcy in February and had announced plans to sell its US business to MedQuist for $75.25 million. Earlier this month, another medical … MedQuist buys Spheris for $116MNashville Business Journal all 30 news articles »

St. Vincent’s $1 billion bankruptcy, round 2 – Crain’s New York Business

NY1

St. Vincent's $1 billion bankruptcy, round 2 Crain’s New York Business EXPANSION: Staten Island University Hospital plans to build an education and conference center on its North Campus. The $12.8 million, 21000-square-foot … St. Vincent's files for bankruptcy protectionModernHealthcare.com all 33 news articles »

Bankruptcy Numbers Drop 6 Percent in Q1 – Memphis Daily News

Bankruptcy Numbers Drop 6 Percent in Q1 Memphis Daily News Debtors filing Chapter 13 plans agree to stick to a court-approved repayment plan for a percentage of their debt. Those filings dropped too during the … and more »