Plans Bankruptcy

Stillwater mine shows upswing despite loss of GM contract – Missoulian
BILLINGS – Stillwater Mining Company executives say the Columbus company kept losses capped at just $9.1 million in 2009 despite the loss of a major precious metals contract with General Motors. When GM announced last summer that it was canceling its

Stillwater reports upswing despite loss of GM – Product Design & Development
Stillwater Mining Company executives say the Columbus company kept losses capped at just $9.1 million in 2009 despite the loss of a major precious metals contract with General Motors. When GM announced last summer that it was canceling its long

Big pay for CEOs turning consultants – Dubuque Telegraph Herald
General Motors President and CEO Fritz Henderson addresses the companies viability plan in Detroit, Monday April 27, 2009. GM says it will cut 21,000 U.S. factory jobs by next year and phase out its storied Pontiac brand as part of a major

Summit City Treasurer Ron Angelo retires after a year of financial – Bridgeton News
Bomgaars explained that Angelo had sent an e-mail earlier to co-workers announcing his plans. Angelo’s decision, Bomgaars said, was the result Ameripay filed for Chapter 7 bankruptcy on June 20, 2009, after it was revealed that the company

Company seeks to settle river-cleanup liability – MLive.com
KALAMAZOO — The U.S. arm of chemical giant LyondellBasell is in negotiations to settle its environmental cleanup liabilities — which include the Kalamazoo River Superfund site — with the U.S. government, according to a company spokesman

Firm’s niche is to link trends, product sales – Detroit Free Press
At the small but growing firm Sphere Trending, founder and boss Maxine Lauer is the CEO — but she swiftly explains that stands for “creative examiner of opportunities.” That phrase, in turn, explains the purpose of Sphere Trending and the reason for

The era of the not-so-grand commute – Dubuque Telegraph Herald
Laura and Michael Hanley watch their sons (not pictured) play basketball in Janesville, Wis. Michael Hanley, who was laid off from his job at the General Motors plant in Janesville, now commutes to Fairfax, Kan., to work at a GM plant there

BBC Blog Network – BBC
The figure of 36 million uninsured Americans is obviously only an estimate but has been widely quoted over here, in connection with your President’s attempt to get universal healthcare reforms through. ” and Americans that choose to not have health

Hickey Freeman parent to launch marketing campaign, new clothing line – Democrat and Chronicle
It has done a far lesser job of selling itself, said Doug Williams, CEO of the parent company of the Rochester clothing manufacturer. That could change. New York City-based HMX is readying plans for a multimillion-dollar marketing campaign for Hickey

Anthem insurance increase draws political fire – Concord Monitor
Anyone with an Anthem Blue Cross Blue Shield individual health insurance policy should prepare for a major rate increase. Parent company Wellpoint said last week that it is raising rates by 12 to 13 percent in New Hampshire. The company already

Stillwater mine shows upswing despite loss of GM contract – Missoulian
BILLINGS – Stillwater Mining Company executives say the Columbus company kept losses capped at just $9.1 million in 2009 despite the loss of a major precious metals contract with General Motors. When GM announced last summer that it was canceling its

Stillwater reports upswing despite loss of GM – Product Design & Development
Stillwater Mining Company executives say the Columbus company kept losses capped at just $9.1 million in 2009 despite the loss of a major precious metals contract with General Motors. When GM announced last summer that it was canceling its long

Big pay for CEOs turning consultants – Dubuque Telegraph Herald
General Motors President and CEO Fritz Henderson addresses the companies viability plan in Detroit, Monday April 27, 2009. GM says it will cut 21,000 U.S. factory jobs by next year and phase out its storied Pontiac brand as part of a major

Summit City Treasurer Ron Angelo retires after a year of financial – Bridgeton News
Bomgaars explained that Angelo had sent an e-mail earlier to co-workers announcing his plans. Angelo’s decision, Bomgaars said, was the result Ameripay filed for Chapter 7 bankruptcy on June 20, 2009, after it was revealed that the company

Company seeks to settle river-cleanup liability – MLive.com
KALAMAZOO — The U.S. arm of chemical giant LyondellBasell is in negotiations to settle its environmental cleanup liabilities — which include the Kalamazoo River Superfund site — with the U.S. government, according to a company spokesman

Firm’s niche is to link trends, product sales – Detroit Free Press
At the small but growing firm Sphere Trending, founder and boss Maxine Lauer is the CEO — but she swiftly explains that stands for “creative examiner of opportunities.” That phrase, in turn, explains the purpose of Sphere Trending and the reason for

The era of the not-so-grand commute – Dubuque Telegraph Herald
Laura and Michael Hanley watch their sons (not pictured) play basketball in Janesville, Wis. Michael Hanley, who was laid off from his job at the General Motors plant in Janesville, now commutes to Fairfax, Kan., to work at a GM plant there

BBC Blog Network – BBC
The figure of 36 million uninsured Americans is obviously only an estimate but has been widely quoted over here, in connection with your President’s attempt to get universal healthcare reforms through. ” and Americans that choose to not have health

Hickey Freeman parent to launch marketing campaign, new clothing line – Democrat and Chronicle
It has done a far lesser job of selling itself, said Doug Williams, CEO of the parent company of the Rochester clothing manufacturer. That could change. New York City-based HMX is readying plans for a multimillion-dollar marketing campaign for Hickey

Anthem insurance increase draws political fire – Concord Monitor
Anyone with an Anthem Blue Cross Blue Shield individual health insurance policy should prepare for a major rate increase. Parent company Wellpoint said last week that it is raising rates by 12 to 13 percent in New Hampshire. The company already

GM is hot again – 89.3 KPCC
So much for trusting the naysayers. Less than a year ago, it was assumed that a General Motors bankruptcy would be a disaster for the economy. And now? Look at this weekend’s cover story in Barron’s: “The auto maker, long synonymous with bloat and

Bashas’ renews vow to stay local – AZCentral.com
s business out of Bankruptcy Court. And sometimes it doesn’t work. US Airways made a hostile bid for Delta Airlines in 2007 when Delta was in Chapter 11. But Delta persuaded its creditors to reject the offer and go with Delta’s reorganization plan.

Dems take a second look at GOP proposals, including tort reform – Thehill.com
There is a growing sense among Democratic lawmakers that an effort should be made to include GOP proposals in healthcare reform legislation in the wake of Thursday’s summit. This has given an opening to centrist Democrats who want to take on trial

Top votes in Congress for 2009 – Aiken Standard
WASHINGTON, D.C. — It’s an even-numbered year again, a House and Senate election year, which means incumbents and challengers are busy devising the attack ads and other messages they will deliver nonstop to voters in the 2010 primary and general

APPCO bankruptcy case nears completion – Johnson City Press
Local businesses left hanging by last year’s APPCO convenience store bankruptcy number in the dozens, and it looks like they’ll be fortunate to get more than 10 cents for every dollar they were owed. The final bits of the APPCO Chapter 11 case

GM is hot again – 89.3 KPCC
So much for trusting the naysayers. Less than a year ago, it was assumed that a General Motors bankruptcy would be a disaster for the economy. And now? Look at this weekend’s cover story in Barron’s: “The auto maker, long synonymous with bloat and

Bashas’ renews vow to stay local – AZCentral.com
s business out of Bankruptcy Court. And sometimes it doesn’t work. US Airways made a hostile bid for Delta Airlines in 2007 when Delta was in Chapter 11. But Delta persuaded its creditors to reject the offer and go with Delta’s reorganization plan.

Dems take a second look at GOP proposals, including tort reform – Thehill.com
There is a growing sense among Democratic lawmakers that an effort should be made to include GOP proposals in healthcare reform legislation in the wake of Thursday’s summit. This has given an opening to centrist Democrats who want to take on trial

Top votes in Congress for 2009 – Aiken Standard
WASHINGTON, D.C. — It’s an even-numbered year again, a House and Senate election year, which means incumbents and challengers are busy devising the attack ads and other messages they will deliver nonstop to voters in the 2010 primary and general

APPCO bankruptcy case nears completion – Johnson City Press
Local businesses left hanging by last year’s APPCO convenience store bankruptcy number in the dozens, and it looks like they’ll be fortunate to get more than 10 cents for every dollar they were owed. The final bits of the APPCO Chapter 11 case

Girl Scouts and their moms learn the merits of thrift in daylong – Kansas City Star
After hearing a federal bankruptcy judge talk Saturday about the dangers of using credit unwisely, 13-year-old Raevion Wells of Kansas City said she had learned an important lesson. “I know now not to go out of town and max out my card,” said

Girl Scouts and their moms learn the merits of thrift in daylong – Kansas City Star
After hearing a federal bankruptcy judge talk Saturday about the dangers of using credit unwisely, 13-year-old Raevion Wells of Kansas City said she had learned an important lesson. “I know now not to go out of town and max out my card,” said

As a Derby Favorite Soars, an Owner Stumbles – New York Times
Ahmed Zayat was the nation’s leading thoroughbred owner two years ago, and many of his 200-plus horses frequently visit the winner’s circle in the nation’s biggest races. In fact, his colt, Eskendereya, is the early favorite to win the Kentucky

DSquared bring smoke and seduction to Milan – Big Hollywood
A model displays a creation as part of DSquared Fall-Winter 2010-2011 ready A model displays a creation as part of DSquared Fall-Winter 2010-2011 ready Canadian designers DSquared waved a magic wand on Friday to reveal a black-and-red

Video stores crippled by online, kiosk, mail services – AZCentral.com
s Redbox kiosks continue to decimate traditional video-rental chains such as Blockbuster and Hollywood Video. Blockbuster plans to close 1,560 of its 3,750 retail outlets over the next two years. Movie Gallery, which owns Hollywood Video and filed

When CEOs have Buffett in their boardroom – MSNBC
Although USG was struggling through bankruptcy, Buffett treated Foote with the benevolent neglect he generally displays toward managers To avoid a $1 billion tax bill, he argued that Rosenfeld should have spun the unit off tax-free instead.

Trident – Courts Approve Equity Commitment and Sale and Investor – Investors Business Daily
CALGARY, Alberta, Feb 26, 2010 (PR Newswire Europe via COMTEX) — The following statement is being issued by Trident Resources Corp. regarding the Trident bankruptcy. Trident Resources Corp., Trident Exploration Corp. and their affiliates

Trump betting on Jersey casinos – Walletpop.com
Donald Trump is betting people still want to gamble at casinos, and so are others — shares of Trump’s company soared 41% in after-market trading following Trump’s testimony yesterday in U.S. Bankruptcy Court. Trump is fighting for control of the

Obama urges a little ’soul-searching’ on healthcare – Irish Times
THE DEBATE over US healthcare policy had lain dormant since a Republican Scott Brown shocked Democrats by winning the late Senator Ted Kennedy’s seat on January 19th. President Barack Obama brought healthcare back to centre stage this week

Japan Airlines loses $2 billion in April-December – Newser
Japan Airlines said Friday it lost a record $2 billion in the nine months through December, but that its results in the most recent quarter were better than expected as the flagship carrier undergoes government-led restructuring. Japan Airlines Corp

As a Derby Favorite Soars, an Owner Stumbles – New York Times
Ahmed Zayat was the nation’s leading thoroughbred owner two years ago, and many of his 200-plus horses frequently visit the winner’s circle in the nation’s biggest races. In fact, his colt, Eskendereya, is the early favorite to win the Kentucky

DSquared bring smoke and seduction to Milan – Big Hollywood
A model displays a creation as part of DSquared Fall-Winter 2010-2011 ready A model displays a creation as part of DSquared Fall-Winter 2010-2011 ready Canadian designers DSquared waved a magic wand on Friday to reveal a black-and-red

Video stores crippled by online, kiosk, mail services – AZCentral.com
s Redbox kiosks continue to decimate traditional video-rental chains such as Blockbuster and Hollywood Video. Blockbuster plans to close 1,560 of its 3,750 retail outlets over the next two years. Movie Gallery, which owns Hollywood Video and filed

When CEOs have Buffett in their boardroom – MSNBC
Although USG was struggling through bankruptcy, Buffett treated Foote with the benevolent neglect he generally displays toward managers To avoid a $1 billion tax bill, he argued that Rosenfeld should have spun the unit off tax-free instead.

Trident – Courts Approve Equity Commitment and Sale and Investor – Investors Business Daily
CALGARY, Alberta, Feb 26, 2010 (PR Newswire Europe via COMTEX) — The following statement is being issued by Trident Resources Corp. regarding the Trident bankruptcy. Trident Resources Corp., Trident Exploration Corp. and their affiliates

Trump betting on Jersey casinos – Walletpop.com
Donald Trump is betting people still want to gamble at casinos, and so are others — shares of Trump’s company soared 41% in after-market trading following Trump’s testimony yesterday in U.S. Bankruptcy Court. Trump is fighting for control of the

Obama urges a little ’soul-searching’ on healthcare – Irish Times
THE DEBATE over US healthcare policy had lain dormant since a Republican Scott Brown shocked Democrats by winning the late Senator Ted Kennedy’s seat on January 19th. President Barack Obama brought healthcare back to centre stage this week

Japan Airlines loses $2 billion in April-December – Newser
Japan Airlines said Friday it lost a record $2 billion in the nine months through December, but that its results in the most recent quarter were better than expected as the flagship carrier undergoes government-led restructuring. Japan Airlines Corp

Airlines ripe for another merger, experts say – CNN Money
NEW YORK (CNNMoney.com) — Now that the merger between Delta and Northwest is complete, other airlines are under the spotlight for potential consolidation. Airline analysts think that the skies are too crowded with too many players, making another

The Trump Name Is Only Worth Something to Donald Trump – Gawker
Donald Trump came down from Trump Tower yesterday to testify in court that Trump Entertainment Resorts needs the Trump name if the Trump casinos will be successful again. Everyone disagrees, but he’s holding his name hostage. Trump! Billionaire Carl

Scars Upon Sacred Land:  Uranium Mining Begins at the Grand Canyon   – DAILY KOS
An ongoing series sponsored by the Native American Netroots team focusing on the current issues faced by American Indian Tribes and current solutions to those issues. There is a reason why we refer to the earth as our mother. The land lives; it is

The upside of Chapter 11: Visteon posts its first-ever full-year – Crain’s Detroit Business
Visteon Corp. managed to post full-year net income for the first time in its history while working to emerge from Chapter 11 bankruptcy. The Van Buren Township-based supplier of climate control, interiors and electronics posted net income of $184

Conaway to pay $10 million for hiding Kmart’s troubles – Detroit Free Press
A federal magistrate Thursday ordered former Kmart CEO Charles Conaway to pay more than $10 million for concealing the company’s deteriorating financial condition from investors before its historic bankruptcy in 2002. “Mr. Conaway treated his board

Dems Lose Messaging War Again – DAILY KOS
change jobs, freedom to choose plans, freedom to not have to worry about health care, freedom to not worry about pre-existing conditions / yearly or lifetime limits, freedom from the confines of Health insurers, freedom from bankruptcy, freedom

Plan to mandate modification review before foreclosure more PR than – Walletpop.com
The Obama administration is reportedly considering a plan that would prohibit lending institutions from foreclosing on a home before a mortgage loan modification fact, candidate Obama was in favor of giving bankruptcy judges the right to reduce

Albertsons’ bid for Bashas’ may wind up in judge’s hands – AZCentral.com
Bankruptcy Judge James Marlar ultimately could be the one who decides whether the Bashas’ supermarket chain emerges from bankruptcy under the control of the Basha family or is sold to competitor Albertsons LLC. He also could leave the door open for

Lennar to buy 2,700 sites from Starwood – MSN Money
The Miami-based homebuilder (NYSE: LEN) plans to build single-family homes, townhomes and garden villas on the sites TOUSA, which filed for Chapter 11 bankruptcy in January 2008, had homebuilding operations in Florida, Tennessee, Texas, Colorado

Japan Airlines loses $2 billion in April-December period – USA Today
TOKYO — Japan Airlines said Friday it lost a record $2 billion in the nine months through December, but that its results in the most recent quarter were better than expected as the flagship carrier undergoes government-led restructuring. Japan

Airlines ripe for another merger, experts say – CNN Money
NEW YORK (CNNMoney.com) — Now that the merger between Delta and Northwest is complete, other airlines are under the spotlight for potential consolidation. Airline analysts think that the skies are too crowded with too many players, making another

The Trump Name Is Only Worth Something to Donald Trump – Gawker
Donald Trump came down from Trump Tower yesterday to testify in court that Trump Entertainment Resorts needs the Trump name if the Trump casinos will be successful again. Everyone disagrees, but he’s holding his name hostage. Trump! Billionaire Carl

Scars Upon Sacred Land:  Uranium Mining Begins at the Grand Canyon   – DAILY KOS
An ongoing series sponsored by the Native American Netroots team focusing on the current issues faced by American Indian Tribes and current solutions to those issues. There is a reason why we refer to the earth as our mother. The land lives; it is

The upside of Chapter 11: Visteon posts its first-ever full-year – Crain’s Detroit Business
Visteon Corp. managed to post full-year net income for the first time in its history while working to emerge from Chapter 11 bankruptcy. The Van Buren Township-based supplier of climate control, interiors and electronics posted net income of $184

Conaway to pay $10 million for hiding Kmart’s troubles – Detroit Free Press
A federal magistrate Thursday ordered former Kmart CEO Charles Conaway to pay more than $10 million for concealing the company’s deteriorating financial condition from investors before its historic bankruptcy in 2002. “Mr. Conaway treated his board

Dems Lose Messaging War Again – DAILY KOS
change jobs, freedom to choose plans, freedom to not have to worry about health care, freedom to not worry about pre-existing conditions / yearly or lifetime limits, freedom from the confines of Health insurers, freedom from bankruptcy, freedom

Plan to mandate modification review before foreclosure more PR than – Walletpop.com
The Obama administration is reportedly considering a plan that would prohibit lending institutions from foreclosing on a home before a mortgage loan modification fact, candidate Obama was in favor of giving bankruptcy judges the right to reduce

Albertsons’ bid for Bashas’ may wind up in judge’s hands – AZCentral.com
Bankruptcy Judge James Marlar ultimately could be the one who decides whether the Bashas’ supermarket chain emerges from bankruptcy under the control of the Basha family or is sold to competitor Albertsons LLC. He also could leave the door open for

Lennar to buy 2,700 sites from Starwood – MSN Money
The Miami-based homebuilder (NYSE: LEN) plans to build single-family homes, townhomes and garden villas on the sites TOUSA, which filed for Chapter 11 bankruptcy in January 2008, had homebuilding operations in Florida, Tennessee, Texas, Colorado

Japan Airlines loses $2 billion in April-December period – USA Today
TOKYO — Japan Airlines said Friday it lost a record $2 billion in the nine months through December, but that its results in the most recent quarter were better than expected as the flagship carrier undergoes government-led restructuring. Japan

Chapter 13 “Cramdown” (Claim Bifurcation): It’s Time! – Seattle Post Intelligencer
Chapter 13 plan may: “modify the rights of holders of secured claims, other than a claim secured only by a security interest lenders to loan. As noted, it exists for other assets, and that hasn’t kept banks from making loans on cars and

Creditors skeptical of General Growth plan-source – CNN Money
General Growth Properties Inc’s plan to exit bankruptcy is drawing skepticism from some unsecured creditors, who worry that it might not work and that Simon Property Group which Brookfield Asset Management Inc would fund General Growth’s

Magna Entertainment files bankruptcy plan based on creditors dropping – MSN Money
DOVER, Delaware (AP) – Horse-track owner Magna Entertainment Corp. has not related to the Maryland Jockey Club. Any distributions to creditors of the MJC would come from the sale of jockey club assets, which include Laurel Park and Pimlico race

Source: General Growth plans to split in two to exit bankruptcy – Ibj.com
General Growth Properties Inc. plans to split itself into two companies, with Brookfield Asset Management Inc. investing $2.63 billion in the bankrupt shopping mall owner, said a person with knowledge of the proposal. The plan, to be announced

General Growth would split in Brookfield-funded plan – Crain’s Chicago Business
(Reuters) — General Growth Properties Inc. unveiled a bankruptcy exit plan bankrolled by Brookfield Asset Management that would see it split in two, as the mall owner dug in its heels against a competing offer by Simon Property Group Inc. General

General Growth plans split to exit bankruptcy: WSJ – Marketwatch
SAN FRANCISCO (MarketWatch) — General Growth Properties Inc. (OTHER:GGWPQ) is planning to split the company in two as part of its effort to exit bankruptcy this year, the Wall Street Journal reported in its online edition Wednesday. Canadian

GM studying new offers for Hummer: source – YAHOO!
NEW YORK (AFP) – General Motors is studying new offers for its Hummer brand of sport utility vehicles , two days after announcing plans to end the brand, a source familiar with the talks said Friday. The source offered no details on number or

Conaway to pay $10 million for hiding Kmart’s troubles – Detroit Free Press
A federal magistrate Thursday ordered former Kmart CEO Charles Conaway to pay more than $10 million for concealing the company’s deteriorating financial condition from investors before its historic bankruptcy in 2002. “Mr. Conaway treated his board

Chapter 13 “Cramdown” (Claim Bifurcation): It’s Time! – Seattle Post Intelligencer
Chapter 13 plan may: “modify the rights of holders of secured claims, other than a claim secured only by a security interest lenders to loan. As noted, it exists for other assets, and that hasn’t kept banks from making loans on cars and

Creditors skeptical of General Growth plan-source – CNN Money
General Growth Properties Inc’s plan to exit bankruptcy is drawing skepticism from some unsecured creditors, who worry that it might not work and that Simon Property Group which Brookfield Asset Management Inc would fund General Growth’s

Magna Entertainment files bankruptcy plan based on creditors dropping – MSN Money
DOVER, Delaware (AP) – Horse-track owner Magna Entertainment Corp. has not related to the Maryland Jockey Club. Any distributions to creditors of the MJC would come from the sale of jockey club assets, which include Laurel Park and Pimlico race

Source: General Growth plans to split in two to exit bankruptcy – Ibj.com
General Growth Properties Inc. plans to split itself into two companies, with Brookfield Asset Management Inc. investing $2.63 billion in the bankrupt shopping mall owner, said a person with knowledge of the proposal. The plan, to be announced

General Growth would split in Brookfield-funded plan – Crain’s Chicago Business
(Reuters) — General Growth Properties Inc. unveiled a bankruptcy exit plan bankrolled by Brookfield Asset Management that would see it split in two, as the mall owner dug in its heels against a competing offer by Simon Property Group Inc. General

General Growth plans split to exit bankruptcy: WSJ – Marketwatch
SAN FRANCISCO (MarketWatch) — General Growth Properties Inc. (OTHER:GGWPQ) is planning to split the company in two as part of its effort to exit bankruptcy this year, the Wall Street Journal reported in its online edition Wednesday. Canadian

GM studying new offers for Hummer: source – YAHOO!
NEW YORK (AFP) – General Motors is studying new offers for its Hummer brand of sport utility vehicles , two days after announcing plans to end the brand, a source familiar with the talks said Friday. The source offered no details on number or

Conaway to pay $10 million for hiding Kmart’s troubles – Detroit Free Press
A federal magistrate Thursday ordered former Kmart CEO Charles Conaway to pay more than $10 million for concealing the company’s deteriorating financial condition from investors before its historic bankruptcy in 2002. “Mr. Conaway treated his board

County Board approves extra furlough days – Milwaukee Journal Sentinel
Updated: Feb. 25, 2010 12:28 p.m. | The Milwaukee County Board Thursday adopted County Executive Scott Walker’s plan to add 10 unpaid furlough days for about 1,500 county union employees. The move saves an estimated $2 million, but still leaves the

Ruling favors Trump in casino bankruptcy showdown with Icahn – Atlantic City Press
ATLANTIC CITY – Donald Trump won the right Wednesday to vote on a competing takeover plan by rival Carl C. Icahn in a bankruptcy duel between the two billionaires over control of three Atlantic City casinos. The ruling by U.S. Bankruptcy Court Judge

Magna Entertainment files bankruptcy plan based on creditors dropping – MSN Money
DOVER, Delaware (AP) – Horse-track owner Magna Entertainment Corp. has not related to the Maryland Jockey Club. Any distributions to creditors of the MJC would come from the sale of jockey club assets, which include Laurel Park and Pimlico race

Magna Entertainment files bankruptcy plan – MSN Money
DOVER, Delaware (AP) – Horse-track owner Magna Entertainment Corp. has filed a reorganization plan in Delaware bankruptcy court after reaching a settlement with unsecured creditors. According to Thursday’s filing, the unsecured creditors will drop a

Source: General Growth plans to split in two to exit bankruptcy – Ibj.com
General Growth Properties Inc. plans to split itself into two companies, with Brookfield Asset Management Inc. investing $2.63 billion in the bankrupt shopping mall owner, said a person with knowledge of the proposal. The plan, to be announced

UPDATE 2-Caisse says assets under management bounce back – Reuters
TORONTO, Feb 25 (Reuters) – Canada’s biggest pension fund manager, Caisse de depot et placement du Quebec, said on Thursday its assets under management had recovered nearly 10 percent of their value in 2009, but were still below pre-crisis levels

County Board approves extra furlough days – Milwaukee Journal Sentinel
Updated: Feb. 25, 2010 12:28 p.m. | The Milwaukee County Board Thursday adopted County Executive Scott Walker’s plan to add 10 unpaid furlough days for about 1,500 county union employees. The move saves an estimated $2 million, but still leaves the

Ruling favors Trump in casino bankruptcy showdown with Icahn – Atlantic City Press
ATLANTIC CITY – Donald Trump won the right Wednesday to vote on a competing takeover plan by rival Carl C. Icahn in a bankruptcy duel between the two billionaires over control of three Atlantic City casinos. The ruling by U.S. Bankruptcy Court Judge

Magna Entertainment files bankruptcy plan based on creditors dropping – MSN Money
DOVER, Delaware (AP) – Horse-track owner Magna Entertainment Corp. has not related to the Maryland Jockey Club. Any distributions to creditors of the MJC would come from the sale of jockey club assets, which include Laurel Park and Pimlico race

Magna Entertainment files bankruptcy plan – MSN Money
DOVER, Delaware (AP) – Horse-track owner Magna Entertainment Corp. has filed a reorganization plan in Delaware bankruptcy court after reaching a settlement with unsecured creditors. According to Thursday’s filing, the unsecured creditors will drop a

Source: General Growth plans to split in two to exit bankruptcy – Ibj.com
General Growth Properties Inc. plans to split itself into two companies, with Brookfield Asset Management Inc. investing $2.63 billion in the bankrupt shopping mall owner, said a person with knowledge of the proposal. The plan, to be announced

UPDATE 2-Caisse says assets under management bounce back – Reuters
TORONTO, Feb 25 (Reuters) – Canada’s biggest pension fund manager, Caisse de depot et placement du Quebec, said on Thursday its assets under management had recovered nearly 10 percent of their value in 2009, but were still below pre-crisis levels

Ruling favors Trump in casino bankruptcy showdown with Icahn – Atlantic City Press
ATLANTIC CITY – Donald Trump won the right Wednesday to vote on a competing takeover plan by rival Carl C. Icahn in a bankruptcy duel between the two billionaires over control of three Atlantic City casinos. The ruling by U.S. Bankruptcy Court Judge

Source: General Growth plans to split in two to exit bankruptcy – Ibj.com
General Growth Properties Inc. plans to split itself into two companies, with Brookfield Asset Management Inc. investing $2.63 billion in the bankrupt shopping mall owner, said a person with knowledge of the proposal. The plan, to be announced

Fraser Papers clears material conditions to sell specialty paper – Stockhouse
TORONTO – Insolvent Fraser Papers Inc. says it has cleared all of the material conditions necessary to close the sale of its specialty paper business, including amendments to collective agreements with its union. The Toronto-based paper company

General Growth plans split to exit bankruptcy: WSJ – Marketwatch
SAN FRANCISCO (MarketWatch) — General Growth Properties Inc. (OTHER:GGWPQ) is planning to split the company in two as part of its effort to exit bankruptcy this year, the Wall Street Journal reported in its online edition Wednesday. Canadian

Ruling favors Trump in casino bankruptcy showdown with Icahn – Atlantic City Press
ATLANTIC CITY – Donald Trump won the right Wednesday to vote on a competing takeover plan by rival Carl C. Icahn in a bankruptcy duel between the two billionaires over control of three Atlantic City casinos. The ruling by U.S. Bankruptcy Court Judge

Source: General Growth plans to split in two to exit bankruptcy – Ibj.com
General Growth Properties Inc. plans to split itself into two companies, with Brookfield Asset Management Inc. investing $2.63 billion in the bankrupt shopping mall owner, said a person with knowledge of the proposal. The plan, to be announced

Fraser Papers clears material conditions to sell specialty paper – Stockhouse
TORONTO – Insolvent Fraser Papers Inc. says it has cleared all of the material conditions necessary to close the sale of its specialty paper business, including amendments to collective agreements with its union. The Toronto-based paper company

General Growth plans split to exit bankruptcy: WSJ – Marketwatch
SAN FRANCISCO (MarketWatch) — General Growth Properties Inc. (OTHER:GGWPQ) is planning to split the company in two as part of its effort to exit bankruptcy this year, the Wall Street Journal reported in its online edition Wednesday. Canadian

Review: ‘Grease,’ saccharine-free, keeps its word – Milwaukee Journal Sentinel
The touring production of “Grease” – a show that moved from a Chicago bus barn to Off-Broadway and to then Broadway before becoming a hit movie with a sequel – opened at the Marcus Center Tuesday evening. This version is a little less saccharine, and

Wednesday, February 24: The global warming hoax and more – Longview News-Journal
The uncovering of the global warming hoax should be a wake-up call to all of us and cause us to question everything. The massive scope of this lie should tell us that just because there is the perception of universal acceptance of something does not

General Growth plans split to exit bankruptcy: WSJ – Marketwatch
company in two as part of its effort to exit bankruptcy this year, the Wall Street Journal reported in its online edition Wednesday. Canadian property investor Brookfield Asset Management Inc. has pledged $2.63 billion to the plan, the newspaper

Silver Tsunami: The Social Security Conundrum – Financial-Planning.com
Last May, Social Security Commissioner Michael Astrue met with Financial Planning during a trip to New York to promote the $250 recovery payments that were being issued to people who receive Social Security and Supplemental Security Income. Sign up

American and United Switch to Small Planes for Big Routes – BNET
Thanks to contract changes achieved in bankruptcy, United has effectively received carte blanche to contract out 70 seat and smaller airplanes to its regional subsidiaries. Over the last few years, we’ve seen an army of 70 seaters fitted with First

Register for FREE – Wall Street Journal
SAN MATEO, Calif.—Little more than a year after the worst of the financial panic, Wall Street is bouncing back. But in this county just south of San Francisco, pain from the financial system’s near-collapse is still felt every day. San Mateo, a

Review: ‘Grease,’ saccharine-free, keeps its word – Milwaukee Journal Sentinel
The touring production of “Grease” – a show that moved from a Chicago bus barn to Off-Broadway and to then Broadway before becoming a hit movie with a sequel – opened at the Marcus Center Tuesday evening. This version is a little less saccharine, and

Wednesday, February 24: The global warming hoax and more – Longview News-Journal
The uncovering of the global warming hoax should be a wake-up call to all of us and cause us to question everything. The massive scope of this lie should tell us that just because there is the perception of universal acceptance of something does not

General Growth plans split to exit bankruptcy: WSJ – Marketwatch
company in two as part of its effort to exit bankruptcy this year, the Wall Street Journal reported in its online edition Wednesday. Canadian property investor Brookfield Asset Management Inc. has pledged $2.63 billion to the plan, the newspaper

Silver Tsunami: The Social Security Conundrum – Financial-Planning.com
Last May, Social Security Commissioner Michael Astrue met with Financial Planning during a trip to New York to promote the $250 recovery payments that were being issued to people who receive Social Security and Supplemental Security Income. Sign up

American and United Switch to Small Planes for Big Routes – BNET
Thanks to contract changes achieved in bankruptcy, United has effectively received carte blanche to contract out 70 seat and smaller airplanes to its regional subsidiaries. Over the last few years, we’ve seen an army of 70 seaters fitted with First

Register for FREE – Wall Street Journal
SAN MATEO, Calif.—Little more than a year after the worst of the financial panic, Wall Street is bouncing back. But in this county just south of San Francisco, pain from the financial system’s near-collapse is still felt every day. San Mateo, a

General Growth to get bid – Coloradoan
the center of a city-led redevelopment plan for midtown, an area that includes more than 600,000 square feet of empty big-box stores such as the former Linens ‘n’ Things, Toys “R” Us, Circuit City and Walmart along College Avenue. General Growth

Court Confirms Haights Cross Communications’ Prepackaged – Earthtimes
subsidiaries, the “Company”) announced today that its prepackaged plan of reorganization (the “Plan”) has been confirmed by the U.S. Bankruptcy Court limited to, statements regarding the Company’s plans, intentions and expectations.

General Growth to get bid – Coloradoan
the center of a city-led redevelopment plan for midtown, an area that includes more than 600,000 square feet of empty big-box stores such as the former Linens ‘n’ Things, Toys “R” Us, Circuit City and Walmart along College Avenue. General Growth

Court Confirms Haights Cross Communications’ Prepackaged – Earthtimes
subsidiaries, the “Company”) announced today that its prepackaged plan of reorganization (the “Plan”) has been confirmed by the U.S. Bankruptcy Court limited to, statements regarding the Company’s plans, intentions and expectations.