Archive for November, 2009

Plans Bankruptcy – Charter emerges from bankruptcy – St. Louis Business Journal

Monday, November 30th, 2009

Charter emerges from bankruptcy – St. Louis Business Journal
Eight months after filing, Charter Communications Inc. said Monday it has emerged from Chapter 11 bankruptcy with $8 billion less debt. Judge James Peck in U.S. Bankruptcy Court in the Southern District of New York approved the pre-arranged financial

Charter Communications Completes Financial Restructuring, Emerges From – RTT News
(RTTNews) – Charter Communications Inc. (CHTRQ.PK: News ) announced that it has completed its financial restructuring. The company stated that the financial restructuring significantly improved its capital structure by reducing debt by approximately

PREVIEW-U.S. Nov auto sales to show slow recovery – CNN Money
DETROIT (Reuters) – Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year. The results would

Shelby wants ‘living wills’ for finance firms – Thehill.com
said he wants those firms to have formal plans in place for dealing with future economic crises to avoid the need for future government bailouts. He also wants the federal government to beef up the bankruptcy process. Shelby, who opposed the $700

Charter emerges from bankruptcy – St. Louis Business Journal
Eight months after filing, Charter Communications Inc. said Monday it has emerged from Chapter 11 bankruptcy with $8 billion less debt. Judge James Peck in U.S. Bankruptcy Court in the Southern District of New York approved the pre-arranged financial

Charter Communications Completes Financial Restructuring, Emerges From – RTT News
(RTTNews) – Charter Communications Inc. (CHTRQ.PK: News ) announced that it has completed its financial restructuring. The company stated that the financial restructuring significantly improved its capital structure by reducing debt by approximately

PREVIEW-U.S. Nov auto sales to show slow recovery – CNN Money
DETROIT (Reuters) – Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring early this year. The results would

Shelby wants ‘living wills’ for finance firms – Thehill.com
said he wants those firms to have formal plans in place for dealing with future economic crises to avoid the need for future government bailouts. He also wants the federal government to beef up the bankruptcy process. Shelby, who opposed the $700

Plans Bankruptcy – Germany’s Merkel makes wobbly start to 2nd term – Las Vegas Sun

Monday, November 30th, 2009

Germany’s Merkel makes wobbly start to 2nd term – Las Vegas Sun
The Free Democrats’ leader, Foreign Minister Guido Westerwelle, insists that the government’s tax plans are “the best possible recipe against the economic crisis.” The new government “can declare political bankruptcy if Chancellor Merkel and Vice

Home economizing: Census study points to ways area households cope in – Toledo Blade
ON CHRISTMAS morning in some homes in northwest Ohio and southeast Michigan, a lump of coal will be a source of warmth, not a punishment for naughty children. Several dozen customers in the region served by Dennis Coal & Stove in Wauseon have

Murdoch, Finkelstein Close in on Nielsen’s THR: Is $70m Too Much? – TheWrap
And what does such a savvy group of guys plan to do with these desperately sinking brands? The FT passes along a $70 million sale figure without confirming As a brand, Billboard seems to be holding up the best of the lot, while Adweek, Mediaweek

Germany’s Merkel makes wobbly start to 2nd term – KTUU
BERLIN (AP) – Chancellor Angela Merkel’s new government was supposed to be a harmonious alliance that would focus energetically on reviving Europe’s biggest economy. So far, it hasn’t worked that way. A month into her second term, Merkel has presided

Today’s tough times turning newspaper lenders into owners – San Mateo Daily Journal
SAN FRANCISCO — Newspaper headlines have skewered money lenders for dubious decisions that stoked the recession. Now the financiers are starting to headline newspapers in a new way — as the owners. These newspaper novices are taking control

More than one way to cope with unaffordable credit-card bills – Olympian
If you can’t afford to make your credit card payments, and you don’t want to consider filing for federal bankruptcy protection, here’s 40 percent lower, than what you paid on your cards before the plan. The debt management plan will be reported

Nortel bonuses epitomize a baffling trend in business – Owen Sound Sun Times
There may be good reasons why Nortel Networks Corp. is handing out salary hikes and bonuses (yet again) this year, but it will be hard pressed to justify it to former employees fighting for severance packages or pensions. This is, after all, a once

FACTBOX: What assets Dubai could be forced to sell – Reuters
DUBAI (Reuters) – Dubai will attempt to reassure markets and investors on Monday on how it plans to restructure its beleaguered year sued MGM Mirage as credit dried up and CityCenter flirted with bankruptcy. The project has been plagued by

Potential buyers were shocked by Saturn deal – Buffalo News
“Somebody got cold feet” at French carmaker Renault, said Tom LaSorda. And just like that, the Saturn automobile brand was toast, because Renault suddenly nixed a deal Sept. 30 to supply Saturn dealers with vehicles after General Motors stopped

MFs & Markets – MoneyControl.com
Lehman shocked global markets – the Dubai bankruptcy will re-price risk for companies in October which analysts believe was mainly on the back of increased inflows in fixed income plans. The combined average AUM of the 36 fund houses hit the

Germany’s Merkel makes wobbly start to 2nd term – Las Vegas Sun
The Free Democrats’ leader, Foreign Minister Guido Westerwelle, insists that the government’s tax plans are “the best possible recipe against the economic crisis.” The new government “can declare political bankruptcy if Chancellor Merkel and Vice

Home economizing: Census study points to ways area households cope in – Toledo Blade
ON CHRISTMAS morning in some homes in northwest Ohio and southeast Michigan, a lump of coal will be a source of warmth, not a punishment for naughty children. Several dozen customers in the region served by Dennis Coal & Stove in Wauseon have

Murdoch, Finkelstein Close in on Nielsen’s THR: Is $70m Too Much? – TheWrap
And what does such a savvy group of guys plan to do with these desperately sinking brands? The FT passes along a $70 million sale figure without confirming As a brand, Billboard seems to be holding up the best of the lot, while Adweek, Mediaweek

Germany’s Merkel makes wobbly start to 2nd term – KTUU
BERLIN (AP) – Chancellor Angela Merkel’s new government was supposed to be a harmonious alliance that would focus energetically on reviving Europe’s biggest economy. So far, it hasn’t worked that way. A month into her second term, Merkel has presided

Today’s tough times turning newspaper lenders into owners – San Mateo Daily Journal
SAN FRANCISCO — Newspaper headlines have skewered money lenders for dubious decisions that stoked the recession. Now the financiers are starting to headline newspapers in a new way — as the owners. These newspaper novices are taking control

More than one way to cope with unaffordable credit-card bills – Olympian
If you can’t afford to make your credit card payments, and you don’t want to consider filing for federal bankruptcy protection, here’s 40 percent lower, than what you paid on your cards before the plan. The debt management plan will be reported

Nortel bonuses epitomize a baffling trend in business – Owen Sound Sun Times
There may be good reasons why Nortel Networks Corp. is handing out salary hikes and bonuses (yet again) this year, but it will be hard pressed to justify it to former employees fighting for severance packages or pensions. This is, after all, a once

FACTBOX: What assets Dubai could be forced to sell – Reuters
DUBAI (Reuters) – Dubai will attempt to reassure markets and investors on Monday on how it plans to restructure its beleaguered year sued MGM Mirage as credit dried up and CityCenter flirted with bankruptcy. The project has been plagued by

Potential buyers were shocked by Saturn deal – Buffalo News
“Somebody got cold feet” at French carmaker Renault, said Tom LaSorda. And just like that, the Saturn automobile brand was toast, because Renault suddenly nixed a deal Sept. 30 to supply Saturn dealers with vehicles after General Motors stopped

MFs & Markets – MoneyControl.com
Lehman shocked global markets – the Dubai bankruptcy will re-price risk for companies in October which analysts believe was mainly on the back of increased inflows in fixed income plans. The combined average AUM of the 36 fund houses hit the

Plans Bankruptcy – Central Columbia plan enforceable, safe despite General Growth bankruptcy … – Baltimore Sun

Sunday, November 29th, 2009

Central Columbia plan enforceable, safe despite General Growth bankruptcy … – Baltimore Sun

Central Columbia plan enforceable, safe despite General Growth bankruptcy
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure ggp's bankruptcy doesn't result in the loss

and more »

Central Columbia plan enforceable, safe despite General Growth bankruptcy … – Baltimore Sun

Central Columbia plan enforceable, safe despite General Growth bankruptcy
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure ggp's bankruptcy doesn't result in the loss

and more »

Plans Bankruptcy – American Capital, MGM Mirage, Theravance: US Equity Preview – Bloomberg

Sunday, November 29th, 2009

American Capital, MGM Mirage, Theravance: US Equity Preview – Bloomberg


MiamiHerald.com
American Capital, MGM Mirage, Theravance: US Equity Preview
Bloomberg
firm with $12 billion in assets entered into an agreement with lenders holding 95 percent of its credit line to support a plan to avert bankruptcy.
CityCenter: One man's concept of a real cityLas Vegas Sun
Icahn Bets on VegasMotley Fool

all 232 news articles »

White House Intruders Want Money for Their Tale – New York Times

White House Intruders Want Money for Their Tale
New York Times
The winery filed for bankruptcy in February. Still, the Salahis moved through Washington's social elite with a sense of privilege even though their business

and more »

As Grupo retakes Asarco, some fret – Arizona Republic

As Grupo retakes Asarco, some fret
Arizona Republic
Grupo competed with Indian mining firm Sterlite Industries Ltd. to buy Asarco out of Chapter 11 bankruptcy. Both suitors filed reorganization plans that

and more »

Shipyards developer stays course – San Francisco Chronicle

Shipyards developer stays course
San Francisco Chronicle
a central component of the Mare Island redevelopment plan. The city of Vallejo's financial situation did not help. Its decision to declare bankruptcy in

and more »

CIT Group’s New Reorganization Plan Adds Management Incentives – Bloomberg

CIT Group's New Reorganization Plan Adds Management Incentives
Bloomberg
Some noteholders will be paid interest accrued before the bankruptcy. CIT creditors voted earlier to accept the company's prepackaged bankruptcy plan.

Central Columbia plan enforceable, safe despite General Growth bankruptcy … – Baltimore Sun

Central Columbia plan enforceable, safe despite General Growth bankruptcy
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure ggp's bankruptcy doesn't result in the loss

and more »

American Capital, MGM Mirage, Theravance: US Equity Preview – Bloomberg


MiamiHerald.com
American Capital, MGM Mirage, Theravance: US Equity Preview
Bloomberg
firm with $12 billion in assets entered into an agreement with lenders holding 95 percent of its credit line to support a plan to avert bankruptcy.
CityCenter: One man's concept of a real cityLas Vegas Sun
Icahn Bets on VegasMotley Fool

all 232 news articles »

White House Intruders Want Money for Their Tale – New York Times

White House Intruders Want Money for Their Tale
New York Times
The winery filed for bankruptcy in February. Still, the Salahis moved through Washington's social elite with a sense of privilege even though their business

and more »

As Grupo retakes Asarco, some fret – Arizona Republic

As Grupo retakes Asarco, some fret
Arizona Republic
Grupo competed with Indian mining firm Sterlite Industries Ltd. to buy Asarco out of Chapter 11 bankruptcy. Both suitors filed reorganization plans that

and more »

Shipyards developer stays course – San Francisco Chronicle

Shipyards developer stays course
San Francisco Chronicle
a central component of the Mare Island redevelopment plan. The city of Vallejo's financial situation did not help. Its decision to declare bankruptcy in

and more »

CIT Group’s New Reorganization Plan Adds Management Incentives – Bloomberg

CIT Group's New Reorganization Plan Adds Management Incentives
Bloomberg
Some noteholders will be paid interest accrued before the bankruptcy. CIT creditors voted earlier to accept the company's prepackaged bankruptcy plan.

Central Columbia plan enforceable, safe despite General Growth bankruptcy … – Baltimore Sun

Central Columbia plan enforceable, safe despite General Growth bankruptcy
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure ggp's bankruptcy doesn't result in the loss

and more »

Plans Bankruptcy – ESL Centre is on thin ice – Democrat and Chronicle

Sunday, November 29th, 2009

ESL Centre is on thin ice – Democrat and Chronicle
When hundreds of youngsters and their families converged on ESL Sports Centre in Brighton this weekend for the popular Rochester Thanksgiving Classic youth hockey tournament, they found all the markings of a premier ice-skating facility: four sheets

ESL Centre is on thin ice – Democrat and Chronicle
When hundreds of youngsters and their families converged on ESL Sports Centre in Brighton this weekend for the popular Rochester Thanksgiving Classic youth hockey tournament, they found all the markings of a premier ice-skating facility: four sheets

Plans Bankruptcy – Look at basics in health care bills – Jackson Clarion-Ledger

Sunday, November 29th, 2009

Look at basics in health care bills – Jackson Clarion-Ledger
Like many of you who have employer-based health insurance, I went through the annual reenrollment recently. And, like many of you who have employer-based health insurance, the story was the same – it’s going up. Co-pays, deductibles and the premium

Look at basics in health care bills – Jackson Clarion-Ledger
Like many of you who have employer-based health insurance, I went through the annual reenrollment recently. And, like many of you who have employer-based health insurance, the story was the same – it’s going up. Co-pays, deductibles and the premium

Plans Bankruptcy – Moonlight will operate this ski season – Big Sky Weekly

Sunday, November 29th, 2009

Moonlight will operate this ski season – Big Sky Weekly


Big Sky Weekly
Moonlight will operate this ski season
Big Sky Weekly
That battle will now move to the bankruptcy court. By filing under Chapter 11 of the bankruptcy code Moonlight will have time to formulate a rescue plan to

Shipyards developer stays course – San Francisco Chronicle

Shipyards developer stays course
San Francisco Chronicle
a central component of the Mare Island redevelopment plan. The city of Vallejo's financial situation did not help. Its decision to declare bankruptcy in

and more »

CIT Group’s New Reorganization Plan Adds Management Incentives – Bloomberg

CIT Group's New Reorganization Plan Adds Management Incentives
Bloomberg
Some noteholders will be paid interest accrued before the bankruptcy. CIT creditors voted earlier to accept the company's prepackaged bankruptcy plan.

Moonlight will operate this ski season – Big Sky Weekly


Big Sky Weekly
Moonlight will operate this ski season
Big Sky Weekly
That battle will now move to the bankruptcy court. By filing under Chapter 11 of the bankruptcy code Moonlight will have time to formulate a rescue plan to

Shipyards developer stays course – San Francisco Chronicle

Shipyards developer stays course
San Francisco Chronicle
a central component of the Mare Island redevelopment plan. The city of Vallejo's financial situation did not help. Its decision to declare bankruptcy in

and more »

CIT Group’s New Reorganization Plan Adds Management Incentives – Bloomberg

CIT Group's New Reorganization Plan Adds Management Incentives
Bloomberg
Some noteholders will be paid interest accrued before the bankruptcy. CIT creditors voted earlier to accept the company's prepackaged bankruptcy plan.

Plans Bankruptcy – UPDATE 1-Renault plans aid to avtovaz worth 240 mln-report – Reuters

Sunday, November 29th, 2009

UPDATE 1-Renault plans aid to avtovaz worth 240 mln-report – Reuters

UPDATE 1-Renault plans aid to avtovaz worth 240 mln-report
Reuters
MM) an non-cash aid package worth 240 million euros, as part of a rescue plan intended to save the Russian car maker from bankruptcy, reported Les Echos

and more »

US HEALTH CARE PLANS CAN BE WORSE THAN A CATASTROPHIC ILLNESS – American Chronicle


CBC.ca
US HEALTH CARE PLANS CAN BE WORSE THAN A CATASTROPHIC ILLNESS
American Chronicle
The husband has since taken a second job, said he found it ironic that it had not been the recession that forced them into bankruptcy.
Getting Beyond Hysteria to True Health Care ReformExaminer.com
Chips Are Down In The Debate Over Health CareWGAL
Health reform costs arm and a legFlorida Today
Malibu Times -Mt. Vernon Register-News -New York Times
all 703 news articles »

Howard council holds work session on Columbia plan – Baltimore Sun

Howard council holds work session on Columbia plan
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure GGP's bankruptcy doesn't result in the loss

and more »

UPDATE 1-Renault plans aid to avtovaz worth 240 mln-report – Reuters

UPDATE 1-Renault plans aid to avtovaz worth 240 mln-report
Reuters
MM) an non-cash aid package worth 240 million euros, as part of a rescue plan intended to save the Russian car maker from bankruptcy, reported Les Echos

and more »

US HEALTH CARE PLANS CAN BE WORSE THAN A CATASTROPHIC ILLNESS – American Chronicle


CBC.ca
US HEALTH CARE PLANS CAN BE WORSE THAN A CATASTROPHIC ILLNESS
American Chronicle
The husband has since taken a second job, said he found it ironic that it had not been the recession that forced them into bankruptcy.
Getting Beyond Hysteria to True Health Care ReformExaminer.com
Chips Are Down In The Debate Over Health CareWGAL
Health reform costs arm and a legFlorida Today
Malibu Times -Mt. Vernon Register-News -New York Times
all 703 news articles »

Howard council holds work session on Columbia plan – Baltimore Sun

Howard council holds work session on Columbia plan
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure GGP's bankruptcy doesn't result in the loss

and more »

Plans Bankruptcy – Howard council holds work session on Columbia plan – Baltimore Sun

Saturday, November 28th, 2009

Howard council holds work session on Columbia plan – Baltimore Sun

Howard council holds work session on Columbia plan
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure GGP's bankruptcy doesn't result in the loss

and more »

Howard council holds work session on Columbia plan – Baltimore Sun

Howard council holds work session on Columbia plan
Baltimore Sun
How to enforce aspects of the 30-year plan contained in a proposed General Plan amendment and how to make sure GGP's bankruptcy doesn't result in the loss

and more »

Plans Bankruptcy – NFL players prone to financial fumbles – Hawk Eye

Saturday, November 28th, 2009

NFL players prone to financial fumbles – Hawk Eye
Danan Hughes endured a lot of crushing hits during six years in the NFL. The hardest blow of all, though, came at the end — when he went from mega-paycheck to no paycheck. Hughes, a former wide receiver at Iowa, grossed over $1 million as a wide

Alley’s dealership hoping for resolution after losing franchises – Kingsport Times-News
GM also restructured in bankruptcy this year, and plans to trim its dealer network by 1,300 through 2010.) Alley said 235 representatives reorganization since last spring, and as a result, hasn’t been building any new cars. “We’re down to

Shoppers gather early on Black Friday – Anniston Star
The day after Thanksgiving is more than a time for bargain-crazed shoppers to tangle over Christmas gifts. It’s also a time to test endurance. Take Megan and Josh Armstrong, for example. The brother and sister arrived to stand in line at the Oxford

‘Clunkers’ program keeps gas guzzlers on road – Danbury News-Times
SIOUX FALLS, S.D. (AP) — Across America, people bought Toyota Corollas and Honda Civics more than any other vehicles during last summer’s popular Cash for Clunkers program. In South Dakota, they bought pickups. The clunkers program was designed to

In SD, ‘Clunkers’ program keeps gas guzzlers on the road – Pioneer Press
SIOUX FALLS, S.D. — Across America, people bought Toyota Corollas and Honda Civics more than any other vehicles during last summer’s popular Cash for Clunkers program. In South Dakota, they bought pickups. The clunkers program was designed to jump

NFL players prone to financial fumbles – Hawk Eye
Danan Hughes endured a lot of crushing hits during six years in the NFL. The hardest blow of all, though, came at the end — when he went from mega-paycheck to no paycheck. Hughes, a former wide receiver at Iowa, grossed over $1 million as a wide

Alley’s dealership hoping for resolution after losing franchises – Kingsport Times-News
GM also restructured in bankruptcy this year, and plans to trim its dealer network by 1,300 through 2010.) Alley said 235 representatives reorganization since last spring, and as a result, hasn’t been building any new cars. “We’re down to

Shoppers gather early on Black Friday – Anniston Star
The day after Thanksgiving is more than a time for bargain-crazed shoppers to tangle over Christmas gifts. It’s also a time to test endurance. Take Megan and Josh Armstrong, for example. The brother and sister arrived to stand in line at the Oxford

‘Clunkers’ program keeps gas guzzlers on road – Danbury News-Times
SIOUX FALLS, S.D. (AP) — Across America, people bought Toyota Corollas and Honda Civics more than any other vehicles during last summer’s popular Cash for Clunkers program. In South Dakota, they bought pickups. The clunkers program was designed to

In SD, ‘Clunkers’ program keeps gas guzzlers on the road – Pioneer Press
SIOUX FALLS, S.D. — Across America, people bought Toyota Corollas and Honda Civics more than any other vehicles during last summer’s popular Cash for Clunkers program. In South Dakota, they bought pickups. The clunkers program was designed to jump