Posts Tagged ‘monday’

Tribune bankruptcy plan moves forward

Tuesday, April 17th, 2012

A Delaware bankruptcy judge has signed off on the Tribune Co.'s latest reorganization plan and a process for creditors to vote on it.Judge Kevin Carey said Monday that he would approve a supplemental disclosure …

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WaMu exits bankruptcy, on heels of Lehman

Monday, March 19th, 2012

(Reuters) – Washington Mutual Inc , one of the biggest corporate casualties of the 2008 financial crisis, on Monday emerged from bankruptcy protection, just two weeks after Lehman Brothers Holdings Inc also emerged from Chapter 11. The Seattle-based company, the largest U.S. bank or thrift to fail, said it plans to begin repaying about $7 billion to creditors. Many of these are hedge fund …

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Judge Confirms A&P's Plan To Exit Bankruptcy Proceedings

Monday, February 27th, 2012

WHITE PLAINS, N.Y. -(Dow Jones)- A judge on Monday approved Great Atlantic & Pacific Tea Co.'s (GAPTQ) plan to exit bankruptcy proceedings as a leaner grocery chain by both store count and cost of labor, more than a year after the owner of A&P and other supermarkets filed for Chapter 11.

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BANKRUPTCY WEEK AHEAD: Court To Take Up Revamped A&P Exit Plan

Saturday, February 25th, 2012

If at first you don't succeed, try, try again. It's an adage that Great Atlantic & Pacific Tea Co. (GAPTQ) will take to heart as it returns Monday to the U.S. Bankruptcy Court in White Plains, N.Y., for a second attempt at getting out of Chapter 11.

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Official: Bankruptcy possible for Pa. capital

Tuesday, February 7th, 2012

The state official in charge of figuring out how to fix an enormous financial shortfall in Pennsylvania's capital city said in a proposed recovery plan released Monday that “significant and difficult” steps lie ahead, and Harrisburg may end up seeking bankruptcy protection.

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Spanair files for voluntary bankruptcy

Wednesday, February 1st, 2012

Spanish carrier Spanair filed for voluntary bankruptcy Monday, officials said, three days after abruptly stopping all flights and stranding tens of thousands of passengers.

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Lee emerges from bankruptcy

Tuesday, January 31st, 2012

Lee Enterprises, owner of the St. Louis Post-Dispatch, exited bankruptcy Monday, less than two months after the newspaper publisher announced it would seek the protection of the bankruptcy court to push through a debt refinancing plan.

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Saab files for bankruptcy after Chinese deal fails

Tuesday, December 20th, 2011

Saab Automobile filed for bankruptcy on Monday, giving up a desperate struggle to stay in business after previous owner General Motors Co. blocked takeover attempts by Chinese investors.Saab CEO Victor …

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Lee files bankruptcy case to complete refinancing

Wednesday, December 14th, 2011

Lee Enterprises Inc., the publisher of the St. Louis Post-Dispatch and more than 40 other daily newspapers, filed for Chapter 11 bankruptcy protection Monday as part of a previously announced refinancing plan.

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Washington Mutual agrees to settlement with some creditors, files new reorganization plan

Wednesday, December 14th, 2011

SEATTLE — Bank holding company Washington Mutual Inc. has agreed to a settlement with some creditors involved in its Chapter 11 bankruptcy case and has filed a new reorganization plan. Washington Mutual said in a statement late Monday that the settlement will allow it to distribute more than $7 billion to its creditors. The settlement must still be approved by the U.S. Bankruptcy Court for the …

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