July 2nd, 2008
Mortgages Ltd.'s future after bankruptcyArizona Republic, AZ - Jul 1, 20081, 2008 11:50 AM Following are key points about some of the key players, their relationship to Mortgages Ltd. and what the company's bankruptcy could mean …
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US businesses file for bankruptcy at a faster rateInternational Herald Tribune, France - 1 hour agoNEW YORK: The softening economy and the collapse of the housing market caused US businesses to file for bankruptcy protection at a higher annualized rate …
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July 2nd, 2008
US businesses file for bankruptcy at a faster rateInternational Herald Tribune, France - 1 hour agoNEW YORK: The softening economy and the collapse of the housing market caused US businesses to file for bankruptcy protection at a higher annualized rate …
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July 2nd, 2008
On The Wings Of BankruptcyNewsweek - 5 hours agoBy LARRY REIBSTEIN and DODY TSIANTAR | NEWSWEEK A funny thing happened after Pan Am Corp. filed for bankruptcy protection last week: nothing. …
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July 1st, 2008
Sam Seltzer's seeks bankruptcy protectionBizjournals.com, NC - Jun 30, 2008Sam Seltzer's Steak Houses of America Inc. — a no-frills restaurant chain known for its black and white cow lawn decorations — is seeking bankruptcy court …
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Mortgages Ltd.'s future after bankruptcyArizona Republic, AZ - 2 hours ago1, 2008 11:50 AM Following are key points about some of the key players, their relationship to Mortgages Ltd. and what the company's bankruptcy could mean …
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July 1st, 2008
Bankruptcy a sign of the timesMyFox Tampa Bay, FL - 6 hours agoTAMPA - Attorney Scott Rosin has been fielding calls non-stop from people considering bankruptcy under threat of foreclosure, or insurmountable debts. …
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A day in bankruptcy court would make you sickIndianapolis Star, United States - Jun 29, 2008It is Friday morning at the federal courthouse in Downtown Indianapolis, and US Bankruptcy Court Trustee Gregory Silver sits behind a low table in a room on …
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June 30th, 2008
DETROIT, June 30 (Reuters) - General Motors Corp (GM.N: Quote , Profile , Research , Stock Buzz ) has asked for court approval to seize tools from bankrupt auto parts maker Progressive Molded Products Inc, citing a potential for supply disruptions Read More
Dura Automotive Systems Inc. emerged from Chapter 11 protection Friday, making it the fourth large supplier to leave bankruptcy in the last year, just as the U.S. auto industry faces its lowest annual sales in more than a decade. Dura CEO Larry Read More
Fitch Ratings assigns an ‘A+’ to the Louisville Regional Airports Authority, Kentucky’s (the authority), approximately $37 million airport revenue bonds 2008 series A (subject to the federal alternative minimum tax), scheduled for sale July 9th Read More
Omega Healthcare Investors Inc. said Monday it is teaming with a nursing home management firm to form a new company to run 15 facilities once owned by Haven Eldercare LLC. The move is the result of another company’s decision to terminate its Read More
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June 30th, 2008
Dura emerges from bankruptcy protectionTrading Markets (press release), CA - 11 hours ago… of driver control systems and engineered assemblies for the automotive industry, has successfully emerged from Chapter 11 bankruptcy protection. …
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June 30th, 2008
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Dura emerges from bankruptcy protectionTrading Markets (press release), CA - 40 minutes ago… of driver control systems and engineered assemblies for the automotive industry, has successfully emerged from Chapter 11 bankruptcy protection. …
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Airlines have lost much of market valueDallas Morning News, TX - 4 hours agoThe carrier, formed in September 2005 when America West Holdings Inc. merged with the previous US Airways Group and brought it out of bankruptcy protection, …
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June 30th, 2008
ROCHESTER HILLS — Auto parts supplier Dura Automotive Systems Inc. has emerged from Chapter 11 bankruptcy protection. The Rochester Hills-based company made the announcement Friday in a press release. Dura in October 2006 filed for bankruptcy Read More
ROCHESTER HILLS, Mich. - Auto parts supplier Dura Automotive Systems Inc. has emerged from Chapter 11 bankruptcy protection. The Rochester Hills-based company made the announcement Friday in a press release. Dura in October 2006 filed for bankruptcy Read More
“The rumor is without merit. There is no basis for the rumor,” Chrysler spokesman, Dave Elshoff, was quoted as saying. It is claimed that liquidity concerns have been surrounding the company following declining sales, which accelerated in June, owing Read More
LIUYANG, CHINA — Chen Tiezhong will likely spend the Fourth of July worrying about the future of his sprawling fireworks factory. China, where fireworks were invented, is running short of ports from which to ship the dangerous cargoes abroad. China Read More
New York-based DMJ Realty has been hired to sell Linens ’n Things, one of the city’s largest retail stores, which officials said has fallen victim to a crumbling economy that is set to close by the end of July. The struggling home furnishings Read More
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June 29th, 2008
The Michigan Gaming Control Board today approved the remainder of a $150- million loan that Greektown Casino needs to finish construction of its hotel and expanded casino while in bankruptcy protection. The total loan approved by both U.S. Bankruptcy Read More
DETROIT, June 27 (Reuters) - Auto parts supplier Dura Automotive Systems Inc DRRAQ.PK said on Friday it completed its exit financing plans and has emerged from Chapter 11 bankruptcy protection. Dura, which filed for bankruptcy in October 2006 in Read More
June 27 (Bloomberg) — Bear Stearns Cos . won a trial over claims by investors seeking $141 million for losses they suffered following the collapse of Manhattan Investment Fund Ltd., a hedge fund client of the bank’s prime brokerage in the 1990s Read More
NEW YORK - Telecommunications giant WorldCom Inc. won approval Tuesday to borrow up to $1.1 billion to continue operations while it sorts out a plan to emerge from bankruptcy protection, and indicated that its financial health had improved Read More
Gas and food prices are rising, mortgage interest rates are adjusting higher, loans are harder to find and unemployment is ticking up. There’s only one place left to turn, many consumers think: credit cards. Now, instead of using credit cards for Read More
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