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BREAKING NEWS: Saab reaches crisis point
Saab's attempt to protect itself from creditors while it waits for Chinese investment to rescue it has been rejected by the Swedish court, pushing the firm close to bankruptcy. The decision could open the way for unions or creditors to seek bankruptcy
Updated: 09/08/2011 10:34A
NewPage to reorganize with $600M DIP loan
The largest maker of coated paper in North America filed for Chapter 11 on Wednesday in the US Bankruptcy Court for the District of Delaware in Wilmington with 13 affiliates.
Updated: 09/08/2011 10:28A
Ministry that repaired, built S.C. houses closes
The Post and Courier of Charleston reported Thursday (http://bit.ly/qjtqdv) that the United Methodist Relief Center filed for bankruptcy with $800000 of debt. Leaders blame the closure on declining donations in the sagging economy.
Updated: 09/08/2011 10:27A
Saab faces bankruptcy after court plea rejected
STOCKHOLM (Reuters) - Ailing carmaker Saab was pushed closer to bankruptcy on Thursday after a Swedish court rejected its application for protection from creditors while it awaits vital Chinese investment.
Updated: 09/08/2011 10:24A
Court decision blow for struggling Saab
Struggling car maker Saab was pushed closer to bankruptcy today after a Swedish court rejected its application for protection from creditors while it awaits vital Chinese investment. The court decision could open the way for Saab itself,
Updated: 09/08/2011 10:21A
Saab closer to bankruptcy as court expresses doubt in turnaround plans
A Swedish court has today rejected Saab's application for protection from creditors, pushing it a step closer to bankruptcy. One of its unions said it would decide within a few days whether to now ask that Saab be declared bankrupt.
Updated: 09/08/2011 10:20A
Swedish court denies Saab's bid for bankruptcy protection
AP STOCKHOLM — A Swedish court on Thursday rejected car maker Saab's application for creditor protection, paving the way for possible bankruptcy filings from labor unions. The ruling by the Vanersborg District Court, which can be appealed,
Updated: 09/08/2011 10:16A
Spokeswoman says Swedish court rejects Saab Automobile's application for
Nation Newsday > News > Nation Spokeswoman says Swedish court rejects Saab Automobile's application for bankruptcy protection Published: September 8, 2011 8:09 AM By The Associated Press STOCKHOLM - (AP) -- Spokeswoman says Swedish court rejects Saab
Updated: 09/08/2011 10:14A
District Court throws out Saab reorganisation plan
Saab's application for bankruptcy protection has been thrown out by a Swedish Court, although the automaker says it will appeal. The news will come as a hammer blow to Saab, which could now be the subject of bankruptcy applications from its powerful
Updated: 09/08/2011 10:13A
Swedish carmaker Saab denied bankruptcy protection
A Swedish court has rejected Saab's request for protection from its creditors, pushing the carmaker one step closer to bankruptcy. AFP - A court on Thursday rejected Swedish carmaker Saab's request for protection from its creditors, it said,
Updated: 09/08/2011 10:12A
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