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AMR Falls Most Since 2009 on Recession, Bankruptcy Concern
Oct. 3 (Bloomberg) -- American Airlines parent AMR Corp. tumbled the most since April 2009 on growing concern the US is nearing a return to recession and that the carrier may be forced to seek bankruptcy protection. Today's slide pointed toward a fifth
Updated: 10/03/2011 01:23P
McDonald Hopkins Law Firm Elects Four Members: Anne Owings Ford, Michael J
Michael J. Kaczka (Cleveland) practices law in the firm's Business Restructuring and Bankruptcy Services Department, which is one of the largest and most sophisticated restructuring and bankruptcy practices in the Great Lakes region.
Updated: 10/03/2011 01:23P
American Airlines shares tumble 18% on bankruptcy fears
Shares of American Airlines parent AMR Corp. fell about 18 per cent on Monday as analysts debated the prospects for a bankruptcy filing for the third-largest United States airline, which lags its
Updated: 10/03/2011 01:22P
Kodak tries to quash bankruptcy fears; shares jump
A Friday report in The Wall Street Journal said Kodak had hired Jones Day, a law firm that dispenses advice on bankruptcies and other restructuring alternatives. Kodak confirmed the Jones Day hiring in its statement, describing the firm as one of
Updated: 10/03/2011 01:22P
AMR Shares Hit Nasty Air Pocket
Shares of American Airlines parent AMR Corp. declined sharply Monday to their lowest level in more than two years on renewed concerns the troubled carrier was about to file for bankruptcy. More than 200 pilots have retired from
Updated: 10/03/2011 01:21P
Rural broadband provider seeks bankruptcy protection
COSHOCTON -- The company that currently provides wireless broadband Internet service to rural areas of Coshocton County has filed Chapter 11 protection with the US Bankruptcy Court Southern District of Indiana. Omnicity filed the documents last week,
Updated: 10/03/2011 01:15P
The real Solyndra problem
As you know, the California solar energy company Solyndra received a $525 million loan from the US Department of Energy, made some bad bets about the direction of raw materials prices and technology, forcing it to file for bankruptcy protection.
Updated: 10/03/2011 01:12P
American Airlines shares tumble 18 percent on weak travel outlook
WORTH, Texas ? Shares of American Airlines parent AMR Corp. fell more than 18 percent on Monday as analysts debated the prospects for a bankruptcy filing for the third- largest US airline, which lags its industry peers. Airline stocks were down broadly
Updated: 10/03/2011 01:11P
Florida Telco Manufacturer plans Asset Sale in Bankruptcy
Teltronics Inc, Florida's telecommunications equipment manufacturer has filed for a Chapter 11 bankruptcy exit plan that includes selling off its assets. However, little has been revealed in the form of details about the potential sale in the plan
Updated: 10/03/2011 01:10P
Frank McCourt might finally realize that he's screwed
AP On Friday, Frank McCourt and the Dodgers got what most people consider to be a considerable setback in the bankruptcy litigation when the judge ruled that they would not be able to take discovery of the business dealings of other teams with Major
Updated: 10/03/2011 01:07P