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Updated: 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 03:09P
Jeld-Wen denies bankruptcy threat
The Klamath Falls-based window and door manufacturer — Oregon's largest private company with more than $3 billion in sales — issued a statement Tuesday responding to recent news reports indicating it could face bankruptcy if unable to sell $575 million
Updated: 09/07/2011 03:09P
Hudson Valley Bankruptcy Bar Association Seminar to feature debt solution
Attorneys at the Hudson Valley Bankruptcy Bar Association's New Deal for Consumer Bankruptcy Seminar will feature information concerning bankruptcy law and its and loopholes. "The September 2, 2011 numbers from the American Bankruptcy Institute show
Updated: 09/07/2011 03:04P
Cerberus's NewPage Files for Bankruptcy
NewPage Corporation, the ailing papermaker owned by a private equity firm Cerberus Capital Management, filed for bankruptcy on Wednesday, blaming a sharp decline in the magazine industry, a spike in raw material costs and too much debt
Updated: 09/07/2011 03:04P
Paper Manufacturer NewPage Files for Chapter 11
Miamisburg, Ohio-based NewPage, one of the largest makers of magazine-quality paper, today announced that it has filed for Chapter 11 bankruptcy protection. According to the filing, NewPage has obtained a commitment led by JP Morgan for
Updated: 09/07/2011 02:54P
China Goes Solar as America Stumbles
The US media is abuzz over last week's bankruptcy of thin-film solar manufacturer Solyndra LLC, with some conservative politicians trying to use the demise of the start up to argue against federal financing for green
Updated: 09/07/2011 02:51P
Napoli's Paolo Cannavaro warns Manchester City ahead of Champions League opener
The Italian club has gone from bankruptcy in 2004 and third division football to European hopefuls following a revolution led by president Aurelio De Laurentiis. Cannavaro wants his side to rise to the occasion in England and
Updated: 09/07/2011 02:50P
Coastal developer files for bankruptcy
The developer of the waterfront Stillwater Harbour subdivision near New Bern filed for Chapter 11 bankruptcy Sept. 2, a move that allows it to delay payment on nearly $6 million in debts while it reorganizes its business.
Updated: 09/07/2011 02:48P
Solyndra CFO won't say if solar maker to stay in US
Asked if the potential buyers might move Solyndra's unique solar cylinder business overseas, Stover would only say doing so would increase the cost to a potential buyer. Matthew Troy, an attorney for the Department of Justice, said the government's
Updated: 09/07/2011 02:42P
Lehman Brothers Asks US Judge For $500 Million Barclays Payback
NEW YORK (Nick Brown) - Lehman Brothers Holdings Inc -- whose North American business was taken over by Barclays Plc in 2008 -- has asked a US judge on Wednesday to force the British bank to pay it back $500 million it says was meant to go to employees
Updated: 09/07/2011 02:42P
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