Chicago Cubs get approval for sale in bankruptcy court; deal could close within weeksOctober 13th, 2009 Chicago Cubs get needed bankruptcy court OKWILMINGTON, Del. — The sale of the Chicago Cubs moved closer Tuesday as a bankruptcy court judge said the team can go to the family of billionaire Joe Ricketts in a $845 million deal.
Bankruptcy judge approves Frontier Airlines reorganization plan, will emerge around Oct. 1September 10th, 2009 Frontier Airlines wins approval of bankruptcy planDENVER — A bankruptcy judge has confirmed the plan of reorganization for Frontier Airlines, moving the Denver-based carrier a step closer to emerging from Chapter 11 protection. Frontier says it resolved the few objections to its reorganization plan before winning approval from the judge in New York on Thursday.
Bankruptcy judge backs Grupo Mexico over Sterlite in bid to regain Asarco operationsSeptember 1st, 2009 Bankruptcy judge backs Grupo Mexico bid for AsarcoDENVER — A bankruptcy judge is recommending a revised bid from Sterlite Industries for the assets of Arizona miner Asarco LLC be rejected. He says the Grupo Mexico bid to regain control over Asarco is still superior.
Bankruptcy judge approves Dayton Superior disclosure statement; confirmation hearing setAugust 25th, 2009 Bankruptcy judge OKs Dayton Superior statementDAYTON, Ohio — Dayton Superior Corp., which makes products used in concrete construction, said a federal bankruptcy judge in Delaware has approved the company's disclosure statement. The company said late Monday the order signed by U.S.
Judge gives final approval to GM's use of bankruptcy financingJune 25th, 2009 Judge gives final OK to bankruptcy financingNEW YORK — A bankruptcy judge says GM can have access to its full $33.3 billion in bankruptcy financing. Judge Robert Gerber gave final approval to the financing on Thursday.
Visteon attorney says company making good progress on bankruptcy financingJune 19th, 2009 Attorney says Visteon making progress on financingWILMINGTON, Del. — Auto-parts supplier Visteon Corp.
Bankruptcy judge gives final approval of Delphi's $250 million credit facilityJune 16th, 2009 Judge OKs Delphi's use of $250M credit facilityNEW YORK — A bankruptcy judge says Delphi can have access to a $250 million credit facility. U.S. Bankruptcy Judge Robert Drain on Tuesday gave final approval to the use of the credit facility, which will be provided by Delphi Corp.'s former parent General Motors Corp.
Bankruptcy judge authorizes Visteon to pay critical vendors, other obligationsMay 29th, 2009 Judge approves motions in Visteon bankruptcyWILMINGTON, Del. — A Delaware bankruptcy judge has approved several first-day motions in the Chapter 11 bankruptcy case of automobile parts supplier Visteon Corp.
Federal bankruptcy judge says Credit Suisse loan to Yellowstone Club was predatoryMay 12th, 2009 Judge says loan to Yellowstone Club was predatoryHELENA, Mont. — A federal bankruptcy judge has ruled that a $375 million loan made by Credit Suisse to a Montana resort for the ultrarich was predatory and should be subordinated to other debts.
Judge approves agreement to make GMAC preferred lender for Chrysler dealers and customersMay 12th, 2009 Judge OKs deal to make GMAC top Chrysler lenderNEW YORK — A bankruptcy judge says GMAC can become Chrysler's preferred lender. Pending the completion of certain documentation, U.S.
Judge considers Tribune requests to make bonus, severance paymentsMay 12th, 2009 Judge weighs Tribune employee paymentsWILMINGTON, Del. — A Delaware bankruptcy judge is set to hear arguments on a request by the Tribune Co.
Judge to consider motion for GMAC to take over Chrysler vehicle loansMay 11th, 2009 Chrysler to ask judge to approve GMAC agreementNEW YORK — Chrysler LLC will ask a bankruptcy judge on Tuesday to allow General Motors Corp's lending arm to take over making auto loans for Chrysler's customers and dealers. Chrysler two weeks ago said its lending arm, Chrysler Financial, would no longer provide vehicle financing.
Chrysler gets urgent court approval for loanMay 6th, 2009 WASHINGTON - Perched on the brink of collapse, Chrysler LLC. crept forward Tuesday with approval by a US bankruptcy judge to start drawing down from a government loan to pay outstanding bills.
AbitibiBowater needs debtor financing, bankruptcy court toldMay 2nd, 2009 AbitibiBowater needs debtor financingMONTREAL — Insolvent U.S. newsprint maker AbitibiBowater says it desperately needs a cash infusion from debtor financing after losing $2.2 billion last year.
Canadian, Ontario governments provide financing, get 2 pct stake in retooled Chrysler CanadaApril 30th, 2009 Canadian governments to lend to Chrysler CanadaTORONTO — The Canadian and Ontario governments will jointly hold a 2 percent equity stake in a restructured Chrysler Canada and will lend about 3 billion Canadian dollars (US$2.42 billion) to help the beleaguered company while it is in bankruptcy proceedings. Prime Minister Stephen Harper's office said Thursday that the loan will cover debtor-in-possession financing and exit financing needed when the automaker emerges from court protection.
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