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Articles tagged as bankruptcy
· Chrsyler may have reached deal with lenders to lower $6.9 Billion in secured debt to $2 Billion – Several news stories indicate that Chrysler may have reached a deal with its largest lenders to reduce the $6.9 Billion in debt Chrysler has to $2 billion and possibly avoid filing bankruptcy. -
· Shopping as Usual Promised During Mall Reorganization – General Growth executives emphasized yesterday that business would continue as usual at all of the company's shopping malls during reorganization under Chapter 11 bankruptcy. -
· Bankruptcies, Closures Plague Newspaper Industry – In March, the Chicago Sun Times newspaper filed for Chapter 11 bankruptcy protection. -
· GM told to prep for bankruptcy – General Motors Corp. is believed to be preparing to file for bankruptcy by June 1. -
· Charter Braces for Lender Fight Over Bankruptcy Plan – Charter Communications plan for a quick trip through bankruptcy could be complicated by a fight with a group of senior lenders that includes JP Morgan Chase & Co and Bank of America Corp. -
· Bankruptcy Funding Solicited for Car Makers – Outside advisers to the U.S. Treasury have started lining up the largest bankruptcy loan even. -
· House to take up housing bill on Thursday – The U.S. House of Representatives is expected to vote on a bill on Thursday that would let bankruptcy judges rewrite home loans. -
· Saab in Bankruptcy; G.M. Seeks More Aid – Saab, the Swedish automaker, filed for bankruptcy protection Friday. -
· Fight Building over judges redoing mortgages – Most congressional Democrats say the quickest way to save homeowners is to let them declare bankruptcy and allow judges to dictate new mortgage terms -