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* Court rejects application for protection from creditors
The court decision could open the way for Saab itself, unions or creditors to seek bankruptcy for a company where a chronic shortage of cash has halted production and left suppliers and workers unpaid. Saab, which brought the application to win time
Updated: 09/08/2011 11:39A
Saab says not dead yet after court setback
The court decision could open the way for Saab itself, unions or creditors to seek bankruptcy for a company where a chronic shortage of cash has halted production and left suppliers and workers unpaid. Saab, which brought the application to win time
Updated: 09/08/2011 11:38A
With four weeks to sell, potential buyers eye bankrupt Solyndra
In bankruptcy filings this week, the US manufacturer of cylindrical thin-film solar modules outlined a plan to borrow $4m from its two largest investors, Argonaut Ventures and Madrone Partners, to fund operations as it pursues all potential buyers,
Updated: 09/08/2011 11:33A
Court sides with Receiver to start sell-off of Blockbuster Canada
The Blockbuster store in Alliston will close by year's end, along with the remaining 253 video rental outlets in Canada that survived the intial round of closures in June when the American side was forced into bankruptcy earlier this year.
Updated: 09/08/2011 11:33A
B'klyn health network to take over Peninsula
A doctor and two vendors who were owed more than $120000 by Peninsula filed an involuntary Chapter 11 bankruptcy petition Aug. 16. As part of the agreement with Revival, Todd Miller was named the chief restructuring officer and he said he has begun
Updated: 09/08/2011 11:33A
IS SAAB NEARING THE END OF THE ROAD?
Saab has failed to convince a Swedish court that the company should be protected from bankruptcy proceedings while it tries to refinance itself with Chinese money. According to latest reports, a judge has today determined "there was no reason to
Updated: 09/08/2011 11:32A
Obama Should Focus on Green Today
Earnings are down because of feed-in tariff uncertainty in Europe, profits are down, and some solar manufacturers have filed bankruptcy. But don't mistake that for the death of the industry. 1. A shakeout is not only good for the solar industry,
Updated: 09/08/2011 11:32A
Saab Bankrupt: Court Denies Carmaker Bankruptcy Protection
STOCKHOLM - A Swedish court on Thursday rejected car maker Saab's application for creditor protection, paving the way for possible bankruptcy filings from labour unions. The ruling by the Vanersborg District Court, which can be appealed, is the latest
Updated: 09/08/2011 11:29A
SpectraWatt Facility To Be Auctioned Off This Month
The approval of debtor's motion to engage Heritage Global Partners is currently pending in the US Bankruptcy Court for the Southern District of New York. Following approval, the auction will be staged on Sept. 28 from 10 am to 5 pm EDT via a live
Updated: 09/08/2011 11:28A
Court denies Saab bankruptcy protection
The company had filed for bankruptcy protection yesterday as it struggles to find short-term funding. Saab has had problems paying staff and suppliers over the past few months and has not made cars at its factory since June.
Updated: 09/08/2011 11:22A
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