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How Bondholders Would Fare in a Countrywide Bankruptcy
Over the past weeks, it has become quite common to speculate that Bank of America might solve its “Countrywide problem” by putting the mortgage unit into bankruptcy to escape some liabilities and litigation losses.
Updated: 10/04/2011 03:29P
Bankruptcy Looms for American Airlines' Parent Company
Amid rumors of bankruptcy, shares of American Airlines' parent company, AMR Corp. rebounded more than 17% after their stocks plummeted more than 33% on Monday. The company regained some of its losses when Capstone raised AMR to "buy" from "hold.
Updated: 10/04/2011 03:29P
Real Mex, owner of Mexican restaurants, files for Ch. 11 bankruptcy protection
NEW YORK — Real Mex, operator of Mexican restaurants including El Torito Restaurant, Chevys Fresh Mex and Acapulco Mexican Restaurant y Cantina filed for Chapter 11 bankruptcy protection Tuesday and plans to seek a buyer for the company.
Updated: 10/04/2011 03:29P
AMR shares rebound, up 17 percent in midday trading
Some analysts also released research reports to investors suggesting that AMR management was not intending to file bankruptcy and that it did have enough cash on hand to make debt payments in 2012. The stock [ticker:AMR] was up 35 cents to $2.33 in
Updated: 10/04/2011 03:25P
Real Mex files for Ch. 11 bankruptcy protection
AP NEW YORK — Real Mex, operator of Mexican restaurants including El Torito Restaurant, Chevys Fresh Mex and Acapulco Mexican Restaurant y Cantina filed for Chapter 11 bankruptcy protection Tuesday and plans to seek a buyer for the company.
Updated: 10/04/2011 03:25P
Cerberus Lays out Plan for Innkeepers Trial: Filing
Innkeepers, a hotel operator, filed for bankruptcy last year and later agreed to sell 64 hotels to hedge fund Cerberus and real estate investment firm Chatham. The deal was due to wrap up in August, but Cerberus and Chatham claimed that a "material
Updated: 10/04/2011 03:22P
Mexican Restaurant Chain Files for Bankruptcy Protection
Real Mex Restaurants Inc., the operator of Chevys Fresh Mex and other Mexican restaurants, Tuesday filed for Chapter 11 bankruptcy-court protection and said it plans to sell its assets after failing to strike a deal to restructure
Updated: 10/04/2011 03:09P
AMR Resumes Pilot Talks After Rout Shows Bankruptcy Concern (3)
News Oct. 4 (Bloomberg) -- American Airlines is set to resume contract negotiations with pilots, a bellwether work group in industry labor talks, after parent AMR Corp.'s shares fell the most since 2003 on concern the company may file for bankruptcy.
Updated: 10/04/2011 03:05P
Owner of Fresno eateries declares bankruptcy
The Orange County-based parent company of the Chevys Fresh Mex and El Torito restaurants in Fresno has announced plans to reorganize under Chapter 11 bankruptcy protection. Real Mex Restaurants, Inc. said it should be business as usual for its chains
Updated: 10/04/2011 03:03P
AMR Resumes Pilot Talks After Rout Shows Bankruptcy Concern
s shares fell the most since 2003 on concern the company may file for bankruptcy. Today's discussions mark the latest effort to reach an agreement in bargaining that began in 2006. Fort Worth, Texas- based AMR reiterated yesterday that Chapter 11
Updated: 10/04/2011 03:01P
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