US Shipping Partners' bankruptcy reorganization plan confirmedOctober 1st, 2009 US Shipping Partners' bankruptcy plan confirmedEDISON, N.J. — Petroleum and chemical shipper U.S.
Peru grants troubled US-owned smelter second extension to complete environmental cleanupSeptember 24th, 2009 Peru grants cleanup extension to US-owned smelterLIMA, Peru — Peru's congress has granted the financially troubled U.S.-owned Doe Run Peru smelter a two-and-a-half year extension to reduce toxic emissions, allowing the company to miss a second deadline to clean up the Andean town of La Oroya. Doe Run closed the plant in June after lenders cut credit lines amid sagging metals prices.
US, Canadian authorities set Nov. 13 filing deadline for AbitibiBowater creditor claimsSeptember 4th, 2009 AbitibiBowater creditors get filing deadlineNEW YORK — U.S. and Canadian authorities set a Nov.
Frank Fertitta Jr., founder of Station Casinos, dies at age 70August 22nd, 2009 Station Casinos founder Fertitta dies at 70LAS VEGAS — Frank Fertitta Jr., the founder of casino operator Station Casinos Inc. who retired when his sons took the company public in 1993, has died.
UDR extends early deadline of previously announced debt offeringAugust 18th, 2009 UDR extends debt offering deadlineDENVER — UDR Inc., a real estate investment trust, said Tuesday that it extended the early cash tender deadline on previously announced notes. The early deadline for the 8½ percent notes due Sept.
Isle of Capri Casinos, Inc. appoints Eric Hausler senior VP for strategic initiativesAugust 17th, 2009 Isle of Capri Casinos names Hausler senior VPST. LOUIS — Casino operator Isle of Capri Casinos Inc.
Station Casinos ends negotiations with bondholders, files for Ch. 11 protectionJuly 28th, 2009 Station Casinos files for Ch. 11 protectionCHICAGO — Station Casinos Inc.
Goa BJP changes tune, wants onshore casinosJune 23rd, 2009 PANAJI - The Bharatiya Janata Party (BJP) in Goa Tuesday watered down its aggressive 'no-casino' policy, saying it opposes offshore casinos but onshore casinos were a "necessary evil" for the sake of tourism in the state. "We are completely opposed to offshore casinos.
Pair of Chrysler bond holders drop oposition to proposed Chrysler Chapter 11 planMay 8th, 2009 2 bond holders drop oposition to Chrysler planNEW YORK — Two of Chrysler's dissident bond holders say they're dropping their opposition to the automaker's proposed restructuring plan. OppenheimerFunds and Stairway Capital Management say the group opposing the plan just got too small to be effective.
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.
Boston Globe union reportedly asks for deadline extension on contract concessionsMay 1st, 2009 Report: Globe union asks for deadline extensionBOSTON — Leaders of The Boston Globe's largest union have reportedly asked the newspaper's owners to extend the deadline for millions of dollars worth of concessions. The Boston Globe reported Friday union leaders are making the extension request after discovering what they are calling a $4.5 million accounting error.
GM bondholder committee offers to give up $27B in debt for majority stake in restructured GMApril 30th, 2009 GM bondholders seek to take majority stakeNEW YORK — General Motors Corp. bondholders want a majority stake in the restructured automaker in exchange for forgiving their claim to $27 billion of GM debt, a committee representing the bondholders said Thursday.
Chrysler CEO says automaker making progress toward restructuring goalsApril 29th, 2009 Nardelli says Chrysler making progressNEW YORK — With one day left to go before its deadline, Chrysler LLC's chief executive said Wednesday that the automaker is making progress toward meeting the government's restructuring requirements. In a letter to Chrysler employees obtained by The Associated Press, CEO Robert Nardelli pointed to the deal reached Tuesday with the automaker's largest debt holders, along with a tentative new labor agreement approved by union leaders earlier this week.
Obama says not clear Chrysler will make Thursday deadline to meet restructuring requirementsApril 29th, 2009 Obama says not clear Chrysler will meet deadlineARNOLD, Mo. — President Barack Obama says it isn't clear whether Chrysler LLC will be able to meet the government's Thursday restructuring deadline.
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