Visteon judge rejects insider bonuses, approves incentives for lower managersOctober 7th, 2009 Visteon judge rejects bonuses for top officersWILMINGTON, Del. — A Delaware bankruptcy judge has rejected a request by auto parts supplier Visteon Corp.
Bankruptcy judge rejects Verizon objection to sale of Nortel business systems unitSeptember 16th, 2009 Nortel bankruptcy judge denies Verizon objectionWILMINGTON, Del. — The judge presiding over the Nortel Networks bankruptcy has ruled against an objection by Verizon Communications Inc.
Court OKs bankruptcy reorganization plan for major Hawaiian souvenir retailer Hilo HattieSeptember 14th, 2009 Court OKs Hilo Hattie bankruptcy planHONOLULU — U.S. Bankruptcy Court Judge Robert Faris has approved a plan to reorganize Hilo Hattie.
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.
Freedom Communications granted motions to help continue operations in Chapter 11 proceedingsSeptember 2nd, 2009 Freedom wins motions to keep operating in Ch. 11WILMINGTON, Del.
Creditors to vote on Hawaiian Telcom reorganization planAugust 28th, 2009 Creditors to vote on Hawaiian Telcom planHONOLULU — A U.S. Bankruptcy Court judge has approved the disclosure statement for Hawaiian Telcom's reorganization plan.
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.
Philadelphia Newspapers hopes $35M will resolve bankruptcy; judge scolds all sides for bluffsAugust 11th, 2009 Philly newspapers hope $35M will end bankruptcyPHILADELPHIA — Philadelphia Newspapers hopes to use $35 million in new capital to settle nearly $400 million in debts and emerge from bankruptcy. A lawyer for the company says an opposing creditors' plan would leave the papers saddled with up to $85 million in debt.
Bankruptcy judge gives newspaper union access to Tribune bonus informationAugust 11th, 2009 Newspaper union to see Tribune bonus informationWILMINGTON, Del. — A federal bankruptcy judge in Delaware says a union representing newspaper workers can see details about the Tribune Co.'s proposal to give bonuses totaling up to $70 million to the company's top managers.
Bankruptcy judge lets Bashas' tap funds; employees and vendors to be paidJuly 16th, 2009 Judge says Bashas' can pay vendors, employeesMESA, Ariz. — A federal bankruptcy judge is allowing bankrupt Bashas' food stores to tap $27.3 million from various accounts to pay wages and benefits earned by employees last week.
Judge clears Chapter 11 reorganization plan for newspaper publisher Journal RegisterJuly 7th, 2009 Reorg plan cleared for publisher Journal RegisterNEW YORK — A federal bankruptcy judge in New York has cleared the way for newspaper publisher Journal Register Co. to emerge from Chapter 11 protection.
GM has viable plan to exit bankruptcy: ObamaJune 1st, 2009 WASHINGTON - US President Barack Obama Monday said he believed General Motors (GM) had developed a viable plan that will allow it to quickly exit bankruptcy. His comments came after GM, the country's largest carmaker, filed for bankruptcy Monday morning in a New York court.
Judge gives Delphi additional time to come up plan for exiting bankruptcy protectionMay 8th, 2009 Delphi gets more time to come up with planNEW YORK — A judge says Delphi can have more time to come up with a plan to exit from Chapter 11 bankruptcy protection. U.S. Judge Robert Drain gave Troy, Mich.-based Delphi Corp.
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.
Bankruptcy judge asked to approve proposed sale of Magna Entertainment assetsMay 4th, 2009 Judge weighs Magna Entertainment asset saleWILMINGTON, Del. — Horse track owner Magna Entertainment Corp.