Judge approves Sun-Times sale, unions expected to approve contract changesOctober 8th, 2009 Bankruptcy judge approves Sun-Times saleWILMINGTON, Del. — A Delaware bankruptcy judge on Thursday approved the sale of the Chicago Sun-Times and other newspapers owned by its parent company to a group led by Chicago businessman Jim Tyree.
Executives, unions closer to sealing deal on sale of Chicago Sun-TimesOctober 7th, 2009 Executives, unions closer to Sun-Times saleCHICAGO — A major roadblock in a deal to sell the Chicago Sun-Times could be removed soon. The newspaper's parent company says leaders of five unions that earlier rejected concessions demanded by would-be buyer Jim Tyree have now agreed with company executives to contract changes.
Mother sues Chicago Cubs for death of son after wall collapsed during 2007 stormAugust 21st, 2009 Chicago Cubs sued for man's death in wall collapseCHICAGO — Attorneys have filed a lawsuit against the Chicago Cubs on behalf of the mother of a 21-year-old man who died after a wall near the team's stadium collapsed on him during a storm in 2007. The lawsuit filed Friday in Cook County Circuit Court says the Cubs owned the structure near Wrigley Field that fell on Alec Drews.
Bankruptcy court OKs sale of Hartmarx, Chicago company that made Obama's inaugural suitsJune 27th, 2009 Court OKs sale of Obama suit maker to UK companyCHICAGO — A British company has won its bid to buy a Chicago-based clothier that made inaugural and election night suits for President Barack Obama. U.S. Bankruptcy Court in Chicago on Friday approved the sale of Hartmarx Corp.
Court approves sale of Fleetwood motor home assets to New York private equity for $53 millionJune 26th, 2009 Court OKs $53M sale of Fleetwood motor home assetsNEW YORK — Recreation vehicle maker Fleetwood Enterprises Inc., which has been operating under bankruptcy protection for three months, has received court approval to sell its motor home assets to a private equity firm for $53 million. The sale to New York-based American Industrial Partners Capital Fund IV LP includes two motor home manufacturing facilities and Fleetwood's Gold Shield supply subsidiary.
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.
Indiana state pension and construction funds ask Supreme Court to block Chrysler sale to FiatJune 7th, 2009 Supreme Court asked to block Chrysler sale to FiatWASHINGTON — Three Indiana state pension and construction funds want the Supreme Court to block Chrysler's sale to Fiat so they can pursue an appeal in hopes of getting a better deal. The funds filed emergency papers at the high court early Sunday.
Bankruptcy judge gives interim approval for GM to access $33.3 billion in financingJune 2nd, 2009 Judge OKs use of GM bankruptcy financingNEW YORK — A bankruptcy judge says General Motors can have immediate access to $15 billion in government financing as it attempts to quickly restructure under court protection. U.S. Judge Robert Gerber gave interim approval to the Detroit-based automaker's use of a total of $33.3 billion in financing, with the $15 billion available for use over the next three weeks.
Obama: Chrysler-Fiat deal gives US company 'new lease on life'June 1st, 2009 Obama applauds Chrysler-Fiat dealWASHINGTON — President Barack Obama says a court's decision to approve the sale of Chrysler's assets has given the automaker "a new lease on life."
A judge approved the sale of most of Chrysler's assets to Italy's Fiat on Sunday. In a statement, the president said the deal will allow Chrysler to "successfully emerge from bankruptcy as a new, stronger, more competitive company for the future."
Chrysler filed for bankruptcy in April.
US Bankruptcy judge appears close to ruling on sale of Chrysler to Italy's FiatMay 29th, 2009 Chrysler appears hours away from Fiat sale rulingNEW YORK — Chrysler LLC could be hours away from a ruling on its plan to sell most of the company to a group led by Italy's Fiat Group SpA, a big step toward its goal of a speedy exit from bankruptcy protection. Closing statements on the sale began in U.S.
Cubs ace Carlos Zambrano will likely make rehab start this weekendMay 13th, 2009 Zambrano likely to make rehab start this weekendCHICAGO — Cubs ace Carlos Zambrano will likely test his strained left hamstring in a rehab start this weekend, and is on track to return from the disabled list on May 22. Cubs manager Lou Piniella said Tuesday before Chicago played the San Diego Padres that Zambrano will have a bullpen session Wednesday and work on running Thursday before deciding if he makes the start in Clearwater, Fla.
Bankruptcy court documents show Delphi now has a few more weeks to negotiate steering saleMay 8th, 2009 Delphi gets until May 21 to reach GM, lenders dealNEW YORK — Auto parts supplier Delphi Corp. has a few more weeks to work out a deal to sell its steering business to General Motors Corp., according to documents filed Wednesday in bankruptcy court in New York.
Harden solid, Johnson has 3 RBIs to lead Chicago Cubs over Houston Astros 6-3May 8th, 2009 Harden pitches into 8th, Cubs beat Astros 6-3HOUSTON — Rich Harden pitched into the eighth inning and Reed Johnson hit a bases-loaded triple Wednesday night to lead the Chicago Cubs over the Houston Astros 6-3. Aramis Ramirez added a solo home run for the Cubs, who have won five of six.
Marlins 8, Cubs 2, 10 inningsMay 1st, 2009 Marlins 8, Cubs 2, 10 inningsE_Marmol (1), Theriot 2 (4). DP_Florida 1, Chicago 3.
Chicago Cubs slugger Derrek Lee leaves with neck spasmsApril 26th, 2009 Cubs' Lee leaves with neck spasmsST. LOUIS — Derrek Lee has been taken out of the Chicago Cubs' game at St.