Skip to content

{ Tag Archives } friday

MediaNews parent files for Chapter 11 protection (AP)

AP – The owner of The Denver Post, San Jose Mercury News and 52 other daily newspapers filed for bankruptcy protection Friday, joining the procession of publishers choking on too much debt. View post: MediaNews parent files for Chapter 11 protection (AP)

Also tagged , , , , , , , , , , , , ,

Judge hears arguments on Six Flags reorganization

WILMINGTON, Del. – (AP) Attorneys for theme park operator Six Flags Inc. and a group of its noteholders squared off in Delaware bankruptcy court Friday over the company’s proposed Chapter 11 reorganization plan. Read the original here: Judge hears arguments on Six Flags reorganization

Also tagged , , , , , ,

Honolulu Symphony cancels remaining 2009 concerts (AP)

AP – The Honolulu Symphony said Friday it’s canceling concerts for the rest of the year and filing for bankruptcy, citing a big drop in donations. Read the rest here: Honolulu Symphony cancels remaining 2009 concerts (AP) More here: Honolulu Symphony cancels remaining 2009 concerts (AP)

Also tagged , , , , , , , , , , ,

NYC wants Tavern on the Green suit in federal court

NEW YORK (Reuters) – New York City wants to take its trademark fight with operators of bankrupt restaurant Tavern on the Green to federal district court, according to court papers on Friday. Read more: NYC wants Tavern on the Green suit in federal court Original post: NYC wants Tavern on the Green …

Also tagged , , , , , , , , , , , ,

CIT, Icahn agreement brings bankruptcy closer

NEW YORK (Reuters) – Billionaire investor Carl Icahn, who had been trying to derail CIT Group Inc’s efforts to launch a restructuring plan, said on Friday he was now backing the lender’s pre-packaged bankruptcy, making a filing as soon as this weekend more likely, analysts said. Continued here: CIT, Icahn …

Also tagged , , , , , , , , ,

CIT’s fate still hangs in the balance

Small business lender CIT Group said Friday it was awaiting the outcome of a key bondholder vote that could ultimately push the troubled firm to file for bankruptcy. See the rest here: CIT’s fate still hangs in the balance Go here to read the rest: CIT’s fate still hangs in the balance

Also tagged , , , , , ,

DOL seeks exemption for Chrysler health care plan

WASHINGTON – (AP) The Labor Department said Friday it was seeking an exemption to facilitate Chrysler’s move under bankruptcy proceedings to transfer company securities into a new retiree health care trust. Continued here: DOL seeks exemption for Chrysler health care plan

Also tagged , , , , , , , ,

DOL seeks exemption for Chrysler health care plan (AP)

AP – The Labor Department said Friday it was seeking an exemption to facilitate Chrysler’s move under bankruptcy proceedings to transfer company securities into a new retiree health care trust.

Also tagged , , , , , , ,

DOL seeks exemption for Chrysler health care plan (AP)

AP – The Labor Department said Friday it was seeking an exemption to facilitate Chrysler’s move under bankruptcy proceedings to transfer company securities into a new retiree health care trust.

Also tagged , , , , , , , , ,

Visteon seeks to cut retiree benefits

WILMINGTON, Delaware (Reuters) – Visteon Corp argued in bankruptcy court on Friday it needed to curtail healthcare insurance for about 7,700 retirees and employees. Read the original post: Visteon seeks to cut retiree benefits More here: Visteon seeks to cut retiree benefits

Also tagged , , , , , , , , , , ,