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Saab Auto Will Restructure
The filing for a court-overseen reorganization could allow the ailing Swedish car maker to fend off a forced bankruptcy threatened by Saab's unions, which are seeking funds for unpaid workers. If a Swedish court doesn't grant protection from its
Updated: 09/07/2011 10:13P
Fife still hotspot for bankruptcy rates
However, personal bankruptcy rates have dropped in the towns by 16%, 14% and 29% since 2010. More than 60 individuals in every 10000 households became insolvent in the three areas, new research from Experian says. Accountant in Bankruptcy figures
Updated: 09/07/2011 10:09P
Jeld-Wen says it's solvent, deal with Onex is still a go
By Richard Read, The Oregonian Jeld-Wen Inc. is not facing bankruptcy, a spokeswoman says, adding that plans remain on track to give a majority stake to a Canadian firm planning an $864 million investment. "Jeld-Wen is not facing bankruptcy," the
Updated: 09/07/2011 10:09P
MCTC Gets Legal
Students using this service get help in many areas, including housing, child custody, bankruptcy, basic criminal law and immigration. The service is offered thanks to the efforts of Phi Theta Kappa Honor Society. “I can think of a few situations where
Updated: 09/07/2011 09:54P
Legal Housing Thievery Starts Now
The same people who nearly drove the US economy into bankruptcy, who are currently driving millions of American homeowners into foreclosure and were bailed out by the US government may soon be buying up the surplus homes that Freddie Mac and Fannie Mae
Updated: 09/07/2011 09:53P
Waiting for a New Blueprint From Bank of America
Put its subprime mortgage albatross, Countrywide, into bankruptcy? If not such a bold move, how does Mr. Moynihan plan to reverse the company's painful slide? The earliest clues could come Thursday, when the top executives of the country's largest bank
Updated: 09/07/2011 09:44P
Papermaker NewPage files for bankruptcy
NewPage Corp., the ailing papermaker owned by the private equity firm Cerberus Capital Management, filed for bankruptcy, blaming a sharp decline in the magazine industry, a spike in the cost of raw material and too much debt.
Updated: 09/07/2011 09:43P
GM CEO, UAW chief meet; contract talks intensify - sources
Chrysler, now controlled by Fiat Spa, was put through a US government-funded bankruptcy like GM. Talks on Tuesday between the main bargaining teams at the UAW and GM ran late into the evening and were expected to continue into the evening for the
Updated: 09/07/2011 09:33P
Bingham McCutchen LLP | SEC Issues Advance Notice of Proposed Rulemaking on
including: Whether the Commission's understanding that an investment grade rating generally requires the issuer to be bankruptcy-remote from the sponsor and depositor (ie., structured to insulate its assets and cash flow from bankruptcy or
Updated: 09/07/2011 09:33P
Seyfarth Shaw | Jason DeJonker and James Sowka Published in The National Law
Bankruptcy attorneys Jason DeJonker and James Sowka published an article in The National Law Journal's “Corporate Restructuring & Bankruptcy” special section on the limited options in today's marketplace to refinance or restructure defaulted or mature
Updated: 09/07/2011 09:33P
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