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{ Monthly Archives } August 2009

Barneys eyes restructuring or bankruptcy: report

(Reuters) – Barneys New York Inc is eyeing a debt restructuring or bankruptcy filing under which its owner, Dubai’s Istithmar World Capital, may lose control of the high-end retailer, Bloomberg reported, citing people familiar with the matter.

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What to Do If You Are Sued by a Credit Card Company

What to Do If You Are Sued by a Credit Card Company
What to Do If You Are Sued by a Credit Card Company
What to Do If You Are Sued by a Credit Card Company

Tribune may exit bankruptcy this fall: report (Reuters)

Reuters – Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans. Read more here: Tribune may exit bankruptcy this fall: report (Reuters)

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Feedom Communications To Declare Bankruptcy

The owner of the Orange County Register is expected to file for Chapter 11 bankruptcy protection this week. The Wall Street Journal reports that Freedom Communications has reached agreements with its lenders to restructure its debts. E-Mail This Add to Del.icio.us Read this article: Feedom Communications …

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Creditors to vote on Hawaiian Telcom plan

HONOLULU – (AP) A U.S. Bankruptcy Court judge has approved the disclosure statement for Hawaiian Telcom’s reorganization plan. Thursday’s decision by Judge Lloyd King means creditors of the largest telephone company in Hawaii will get to vote on the $460 million plan beginning next See the original post here: Creditors to …

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Madoff trustee to review swindled victims’ claims

NEW YORK (Reuters) – The bankruptcy trustee overseeing the liquidation of Bernard Madoff’s investment advisory firm will ask a court to decide how much the imprisoned swindler’s victims should recover, including those seeking profits reflected on their faked account statements. Original post: Madoff trustee to review swindled victims’ claims

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Chrysler to Accept More Product Liability Claims

Chrysler will accept more product liability claims than originally planned in bankruptcy See the original post: Chrysler to Accept More Product Liability Claims

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Guaranty Financial files Chapter 11 (Reuters)

Reuters – Guaranty Financial Group Inc has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA . See original here: Guaranty Financial files Chapter 11 (Reuters)

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Guaranty Financial files Chapter 11

NEW YORK (Reuters) – Guaranty Financial Group Inc has filed for Chapter 11 bankruptcy protection, less than a week after regulators seized its banking unit and sold most of its assets to the Spanish bank, Banco Bilbao Vizcaya Argentaria SA . Original post: Guaranty Financial files Chapter 11

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Toyota’s Decision To Close California Plant Traces to GM Bankruptcy

The NUMMI joint venture between Toyota and GM, once full of promise, is now slated to close in 2010, a victim of the recession as well as GM’s bankruptcy. See the article here: Toyota’s Decision To Close California Plant Traces to GM Bankruptcy

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