Trigger > Bankruptcy Filings

Minor Family Hotels Files for Chapter 11 Protection

2010-09-02T07:01:00Z

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Mediator picked for Tribune Co. bankruptcy

2010-09-02T01:49:00Z

Compromise sought to move stalemated case forward

After nearly 21 months of negotiations and little hope of a settlement, the judge in Tribune Co.'s stalemated bankruptcy case appointed a mediator Wednesday, hoping an independent third party can finally broker peace among the Chicago-based media company and its creditors.

Parent of Pitcairn Properties files for Chapter 11

2010-09-01T23:41:04Z

The parent company of Pitcairn Properties filed for bankruptcy Wednesday, a move that will buy the Jenkintown real estate firm time to stave off a takeover attempt by an unhappy investor.

Pitcairn Properties files for Chapter 11

2010-09-01T22:08:57Z

The parent company of Pitcairn Properties filed for bankruptcy Wednesday, a move that will buy the Jenkintown real estate firm time to stave off a takeover attempt by an unhappy investor.

Old GM files plan to resolve bankruptcy

2010-09-01T20:47:20Z

The new General Motors appears to be thriving. Having emerged from bankruptcy, the revitalised company has recently reported $1.3 billion in quarterly earnings, paraded out a new chief executive and filed an initial public offering that seeks to pay back a portion of its approximately $60 billion in government loans.

Pure Nickel Response to Litigation filed by Bankrupt Western Utah Copper Company.

2010-09-01T18:15:00Z

TORONTO, Sept. 1 /CNW/ - Pure Nickel Inc. (TSX: NIC, OTCBB: PNCKF) today announces that on Friday August 27, 2010, Western Utah Copper Company ("WUCC") filed an action in bankruptcy court in Utah, U.S., against

Blockbuster may soon file for bankruptcy: Report

2010-09-01T13:16:24Z

Asset manager GSC Group goes bankrupt, to sell assets

2010-09-01T11:14:14Z

Sept 1 (Reuters) - Privately held alternative asset manager GSC Group Inc, a former unit of Travelers Group Inc, filed for bankruptcy in a Manhattan court and said it plans to sell all its assets.

Old GM, Motors Liquidation, files plan to revamp

2010-09-01T08:45:43Z

TEL AVIV (MarketWatch) -- Motors Liquidation Co., what was left of General Motors Corp. after GM's car operations were split off in a bankruptcy reorganization, filed a revamping plan in U.S. Bankruptcy Court in Manhattan. If the court confirms the plan, Motors Liquidation said in a late Tuesday statement, the company's assets and liabilities will be placed in four trusts. One trust will address the costs of environmental cleanup at old GM industrial sites, while another will parcel out the GM stock held by Motors Liquidation to unsecured creditors with accepted claims, the company said. MLC owns 10% of GM plus warrants on another 15% fully diluted. And the company could receive as much as 2% more of GM if the unsecured creditors' claims reach certain levels, it said. The third trust will handle asbestos claims against MLC and the fourth with legal claims of MLC. Motors Liquidation said that it hopes the court will confirm the plan in first-quarter 2011 and that it can resolve the majority of the unsecured claims within two years thereafter. GM filed to reorganize under Chapter 11 of the bankruptcy laws on June 1, 2009. Five weeks later, GM's operating assets were transferred to a new company.

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Motors Liquidation Files Plan to Resolve Bankruptcy

2010-09-01T07:47:00Z

Motors Liquidation Company Files Joint Chapter 11 Plan

2010-09-01T04:03:04Z

U.S. Concrete emerges from bankruptcy

2010-08-31T23:00:01Z

U.S. Concrete Inc. on Tuesday said it has completed its reorganization and has emerged from Chapter 11 bankruptcy.

Ausam Energy Corporation ASMFQ - Financial and Strategic Analysis Review - new company profile and analysis released

2010-08-31T19:25:04Z

Ausam Energy Corporation Ausam Energy is a natural resources company engaged in the development and exploration of oil and natural gas principally in Australia. Further, the company has acquired 19 prospects and leads, located onshore in the Gulf Coast region of the United States. The company is headquartered in Alberta, Canada. On December 30, 2008, Ausam Energy and its wholly-owned subsidiary Noram Resources, Inc. filed for bankruptcy protection under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas, Houston Division. This comprehensive SWOT analysis of Ausam Energy Corporation provides you an in-depth strategic analysis of

Topsfield developer files for Ch. 11

2010-08-31T18:56:48Z

A Topsfield, Mass., development company filed Tuesday to reorganize under Chapter 11 of the bankruptcy code.

BioSyntech, Inc. BSY - Financial and Strategic Analysis Review - new company profile and analysis released

2010-08-31T11:56:25Z

BioSyntech, Inc. BioSyntech is a bio-therapeutic company engaged in the design, development and distribution of tissue repair products and therapies based on its proprietary technology platform, BST-Gel. The company also developed Arthro-BST, a diagnostic device used during arthroscopy surgery. In addition it also developed injectable biomaterials for the delivery of genes, cells, and biotherapeutic agents. TThe other products offered include instrumentation products and purified chitosan, called Ultrasan. It is a development stage company and is headquartered in Quebec, Canada BioSyntech, Inc. Key Recent Developments May 12, 2010: BioSyntech To File For Bankruptcy Protection And Resignation Of All Members Of Board Of

JAL to retire 103 planes, scrap 49 flights

2010-08-31T07:30:28Z

JAL, which filed for bankruptcy protection in January, also said it will target an operating profit margin of 9.2 percent by March 2013