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SpectraWatt Solar Cell Manufacturing Facility to Be Auctioned on September 28
The approval of Debtor's Motion to engage Heritage Global Partners is currently pending in the United States Bankruptcy Court for the Southern District of New York. Following approval, the auction will be staged on Wednesday, September 28,
Updated: 09/07/2011 10:03A
NewPage begins Chapter 11 bankruptcy process
NewPage Corp. announced today its US operations will continue as normal while the company goes through the Chapter 11 bankruptcy restructuring process. The Miamisburg, Ohio-based papermaker, which operates central Wisconsin paper mill facilities in
Updated: 09/07/2011 10:02A
About KPS Capital Partners, LP
KPS has created new companies to purchase operating assets out of bankruptcy; established stand-alone entities to operate divested assets; and recapitalized highly leveraged public and private companies. The KPS investment strategy targets companies
Updated: 09/07/2011 10:00A
Berlin gets greater power over bailouts
Bailouts have proved the main strategy in rescuing countries facing bankruptcy. If the court had ruled against future rescues it would have caused an earthquake in the eurozone. But the court wanted to make clear it hadn't issued a blank cheque for
Updated: 09/07/2011 09:59A
Saab Bankruptcy Protection Sought After Year of Problems
LOS ANGELES (LALATE) – Saab Bankruptcy protection today was sought after a year of problems. In 2010, GM said it was shutting down Saab if it didn't find an owner. Now its new owner is having financial problems with the troubled auto brand.
Updated: 09/07/2011 09:59A
Ohio-based paper company files for Chapter 11
By AP | September 07, 2011 MIAMISBURG, Ohio (AP) — Paper producer NewPage Corp. says it is seeking Chapter 11 bankruptcy protection while it restructures. The Ohio-based company said Wednesday it expects to continue operating its US business as usual
Updated: 09/07/2011 09:55A
Cash-Strapped Saab Files For Bankruptcy
STOCKHOLM (AP) — The owner of cash-strapped car maker Saab filed for bankruptcy protection on Wednesday in a last-ditch attempt to salvage a brand crippled by production stoppages, withheld salary payments and mounting debt.
Updated: 09/07/2011 09:54A
NewPage files for Chapter 11 bankruptcy
The Miami Township-based paper manufacturer announced Wednesday its corporate parent, NewPage Group Inc., and certain American subsidiaries, have started the proceedings voluntarily in US Bankruptcy Court for the District of Delaware.
Updated: 09/07/2011 09:53A
NewPage Corp. files for Chapter 11
MIAMISBURG, Ohio (AP) - Paper producer NewPage Corp. says it is seeking Chapter 11 bankruptcy protection while it restructures. The Ohio-based company said Wednesday it expects to continue operating its US business as usual and has commitments for $600
Updated: 09/07/2011 09:51A
How To Profit From Possible U.S. Postal Service Bankruptcy
While Postal Services in many other countries have remained relevant because they offer other services such as banking and insurance, the services that the United States Postal Service is allowed to offer are limited by law.
Updated: 09/07/2011 09:50A
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