Highlights
A collection of news and information related to Financially Distressed Companies published by this site and its partners.
Displaying items 1-12 of 2010
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Billy Joel Says Booze & Bankruptcy Allegations Bogus
In a new interview with The New York Times Magazine, Billy Joel took on two tabloid tales he says are blatantly bogus: having a DUI on his record and filing for bankruptcy. Joel insists drinking was not the cause of either of his car accidents which...
Tags: Bankruptcy, The New York Times
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US-MUSIC Summary
ReutersHas Jay-Z's 'Magna Carta Holy Grail' Album Gone Platinum Before Its Release? By Tony Maglio LOS ANGELES (TheWrap.com) - Jay-Z once spit, "I deserve platinum plaques, to match my bezel." And while the rapper's got a bunch of those (and plenty of bezels),...Tags: Juvenile Delinquency, Austria, Boston, Hospitals and Clinics, Suicide
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Casey Anthony may 'disappear' if lawsuits proceed in state court, her bankruptcy attorneys say
Casey Anthony's bankruptcy attorneys said in recently filed court documents that if the lawsuits against her proceed in state court, she will be forced to find a new home and may "simply disappear." Anthony is being sued by Roy Kronk, the meter reader...
Tags: Kissimmee, Lawyers, Bankruptcy, Litigation, Casey Anthony
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Ally deal draws limited objections from ResCap creditors
ReutersBy Tom Hals June 19 (Reuters) - Ally Financial Inc's proposed $2.1 billion agreement reached last month with creditors of its bankrupt Residential Capital LLC subsidiary cleared a key court deadline with only one vigorous objection, though several...Tags: Bankruptcy, Insurance, General Motors Acceptance Corporation, Manhattan (New York City)
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PRESS DIGEST-Australian Business News - June 20
ReutersCompiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE AUSTRALIAN FINANCIAL REVIEW (www.afr.com) Fox Sports Australia will replace current television journalists on its news channel...Tags: Hospitals and Clinics, Companies and Corporations, Metal and Mineral, Lehman Brothers Holdings Inc., Elections
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New York state announces plan for board to help cash-strapped cities
ReutersNEW YORK (Reuters) - New York state lawmakers on Tuesday announced plans to create a financial restructuring board and binding arbitration process to help struggling municipalities manage their finances. The legislation, which will be taken up by the...Tags: Economy, Business and Finance, Arbitration, Labor Legislation, Politics, Regional Authority
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U.S. lawmakers urge careful review of American-US Airways deal
ReutersWASHINGTON, June 18 (Reuters) - Two U.S. lawmakers with antitrust oversight have urged the Obama administration to carefully review a planned merger of American Airlines and US Airways Group to ensure that it will not lead to higher prices for air...Tags: Michael H Michaud, AMR Corp., John J. Duncan Jr., U.S. Congress, Air Transportation Industry
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Kodak prepares $406 mln offering as it eyes bankruptcy exit
ReutersJune 18 (Reuters) - Eastman Kodak Co on Tuesday said it will seek court approval for a $406 million rights offering that could give creditors a big equity stake in the company after it emerges from Chapter 11 bankruptcy protection. Kodak said creditors...Tags: Economy, Business and Finance, Companies and Corporations, Bankruptcy, Eastman Kodak Company
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RPT-After opening gambit, Detroit manager's next move vexes creditors
ReutersBy Nick Carey and Tom Hals June 16 (Reuters) - Now that Detroit's emergency manager has laid out a tough road that could include a bankruptcy filing for the city, the bondholders, pension managers and others with a stake in the outcome are left to assess...Tags: Economy, Business and Finance, Bonds, Labor Legislation, Politics, Business Enterprises
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RPT-ANALYSIS-Why bankrupt W.R. Grace is thriving
Reuters(Repeats June 16 story for wider distribution) By Ernest Scheyder and Nick Brown COLUMBIA, Md./NEW YORK, June 16 (Reuters) - A company stuck in bankruptcy for 12 years may not seem like much of a catch, but investors have fallen in love with U.S....Tags: Economy, Business and Finance, Companies and Corporations, Shareholders, Thomson Corporation, Credit Ratings
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Orchard Supply files for bankruptcy, Lowe's steps in
Reuters(Reuters) - Orchard Supply Hardware Stores Corp , spun off by Sears Holdings Corp less than two years ago, has filed for Chapter 11 bankruptcy protection partly blaming hefty dividends paid out to its former parent. Rival retailer Lowe's Companies said...Tags: Economy, Business and Finance, Groceries, Companies and Corporations, The Home Depot, Bankruptcy
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Lowe's aims to acquire Orchard Supply Hardware amid OSH bankruptcy
Orchard Supply Hardware is filing for Chapter 11 bankruptcy but already has a waiting rescuer – larger competitor Lowe’s Companies Inc. Lowe’s is offering to buy most of the San Jose company’s assets for $205 million in cash...
Tags: Bankruptcy, Sears Holdings Corp.
May 28, 2013
|Story| WSBT Radio
Jun 19, 2013
|Story| Wrap
Jun 19, 2013
|Story| Orlando Sentinel
Jun 19, 2013
|Story| Reuters
Jun 19, 2013
|Story| Reuters
Jun 18, 2013
|Story| Reuters
Jun 18, 2013
|Story| Reuters
Jun 18, 2013
|Story| Reuters
Jun 17, 2013
|Story| Reuters
Jun 17, 2013
|Story| Reuters
Jun 17, 2013
|Story| Reuters
Jun 17, 2013
|Story| Los Angeles Times
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