Star Tribune preparing to emerge from bankruptcy protection, actively seeking new publisherSeptember 30th, 2009 Star Tribune emerging from bankruptcy protectionMINNEAPOLIS — The Star Tribune is preparing to emerge from bankruptcy protection and is actively seeking a new publisher. Minnesota's largest newspaper says it will emerge from Chapter 11 protection Monday, complying with the timeline agreed to under a reorganization plan approved earlier this month.
Performance parts maker Holley seeks bankruptcy protectionSeptember 30th, 2009 Holley Performance files Chap. 11 bankruptcyWILMINGTON, Del.
Star Tribune emerges from bankruptcy protection with new ownership, reduced debtSeptember 30th, 2009 Star Tribune emerges from bankruptcy protectionMINNEAPOLIS — The Star Tribune of Minneapolis has emerged from bankruptcy protection with new ownership and reduced debt. In emerging from Chapter 11 on Monday, the Star Tribune is now owned primarily by its senior lenders, led by investment group Angelo, Gordon & Co.
Six Flags to swap debt for equity as part of Ch. 11 restructuring; execs to get bonusesAugust 21st, 2009 Six Flags lays out Ch. 11 restructuring planWILMINGTON, Del.
Fitch downgrades CIT Group's issuer default rating after lender completes debt purchaseAugust 17th, 2009 Fitch downgrades CIT's issuer default ratingNEW YORK — Fitch Ratings downgraded CIT Group Inc.'s issuer default rating Monday after the commercial lender said it managed to stave off a likely bankruptcy filing by repurchasing some of its outstanding debt at a discount. The rating agency said it lowered the IDR to "restricted default" from "C," following the Monday announcement.
Bankruptcy auction Thursday as Southwest Airlines seeks to buy Frontier AirlinesAugust 13th, 2009 Southwest seeks to buy Frontier, auction ThursdayDALLAS — Southwest Airlines is getting its chance to take over bankrupt Frontier Airlines. A bankruptcy court auction was scheduled Thursday.
Twin River slot parlor seeks Chapter 11 bankruptcy protection under mounting debtsJune 23rd, 2009 RI slot parlor files for bankruptcy protectionPROVIDENCE, R.I. — A Rhode Island slots parlor says it needs 24-hour gambling, millions of dollars for marketing and to end costly greyhound racing to regain profitability.
Fraser Papers seeks protection from creditors; Maine, NH mills will maintain operationsJune 18th, 2009 Fraser Papers seeks protection from creditorsPORTLAND, Maine — Fraser Papers Inc. is filing for protection from creditors in courts in Canada and the U.S., and says its mills in Maine and New Hampshire will continue to operate without disruption.
Six Flags theme park company declares bankruptcy, says it needs to shed $1.8 billion in debtJune 13th, 2009 Six Flags declares bankruptcyNEW YORK — The amusement park company Six Flags says it has filed for bankruptcy. The New York-based operator of 20 theme parks in the U.S., Mexico and Canada said Saturday that the filing in a federal bankruptcy court in Delaware is part of its plan to reorganize and shed $1.8 billion worth of debt.
Six Flags seeks Chapt. 11 bankruptcy protection, says it needs to shed $1.8 billion in debtJune 13th, 2009 Six Flags seeks Chapt. 11 bankruptcy protectionNEW YORK — The amusement park company Six Flags is seeking Chapter 11 bankruptcy protection, saying it needs to reorganize and shed $1.8 billion of debt.
Bankruptcy court sets date for Charter Communications reorganization plan hearingMay 5th, 2009 Date set for Charter reorganization plan hearingST LOUIS — A date has been set for the confirmation hearing of Charter Communications Inc.'s reorganization plan as it seeks to emerge from bankruptcy, but lender objections remain. The St. Louis-based cable TV operator, which is controlled by Microsoft co-founder Paul Allen, said the U.S.
General Motors CEO says company can still avoid bankruptcy despite daunting restructuring listMay 4th, 2009 New GM CEO says company can still avoid bankruptcyDETROIT — General Motors CEO Fritz Henderson says the automaker still can avoid bankruptcy but it has a lot of work left before the government's June 1 deadline. Henderson said Monday in an interview with The Associated Press that "it's still possible" for GM to stay out of bankruptcy, and that's the company's preference.
Officials tell AP Chrysler will file for bankruptcy as talk failApril 30th, 2009 Officials tell AP Chrysler will file bankruptcyWASHINGTON — Officials tell the AP that Chrysler will file for bankruptcy as talks with creditors fail. The No. 3 U.S. automaker faces a government deadline of 11:59 p.m.
Officials tell AP Chrysler will file for Chapter 11 bankruptcy protectionApril 30th, 2009 Officials tell AP Chrysler will file Chapter 11WASHINGTON — Officials tell the AP that Chrysler will file for bankrutpcy protection as talks with creditors fail. The No. 3 U.S. automaker faces a government deadline of 11:59 p.m.
Chrysler to file for Chapter 11, receive up to $8 billion more in gov't aid during bankruptcyApril 30th, 2009 Chrysler to get up to $8B from govt for bankruptcyWASHINGTON — Chrysler will file for Chapter 11 bankruptcy protection in New York on Thursday and will be eligible for up to $8 billion in federal aid to rebuild the ailing automaker, according to senior administration officials. The officials say bankruptcy is necessary after talks with some of Chrysler's holdout creditors over the company's $6.9 billion in debt fell apart last night.
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