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CIT's Repayment Plan For Costly Loans Is A 2Q Focus
A year ago, prior to its bankruptcy filing, the company reported a loss of $4.30 a share on credit losses and as its cost of borrowing exceeded the rate at
Updated: 07/21/2010 03:28P
Madera dealership announces reinstatement
Following its filing for Chapter 11 bankruptcy last year, GM targeted 1454 dealers for closure. Madera Chevrolet is one of an initial 666 GM dealers
Updated: 07/21/2010 03:27P
Nortel pulls plan to kill retiree benefits
Nortel had filed a motion in bankruptcy court on June 21 seeking to terminate health care and other benefits for retirees, a move that would affect about
Updated: 07/21/2010 02:58P
Nortel pulls plan to kill retiree benefits
Nortel had filed a motion in bankruptcy court on June 21 seeking to terminate health care and other benefits for retirees, a move that would affect about
Updated: 07/21/2010 02:54P
Madoff trustee seeks $3.6 billion from funds
Trustee Irving Picard filed papers in US Bankruptcy Court in Manhattan late Tuesday to recover $3.6 billion that he said can be traced to the Fairfield
Updated: 07/21/2010 02:44P
Approved Congoleum Bankruptcy Plan Puts All Asbestos Claims in Same Boat
"The Thompson Claimants were properly classified as asbestos personal injury claimants and placed in Class 7 in the Plan because the Debtors were required,
Updated: 07/21/2010 02:26P
Factbox: Major financial regulation reform proposals
The bill would set up an "orderly liquidation" process that the government could use in emergencies, instead of bankruptcy or bailouts, to dismantle firms
Updated: 07/21/2010 02:21P
Titan finishes purchase of Denman machinery
With a judge's signature on July 15, 2010, the United States Bankruptcy Court for the Northern District in Ohio officially approved the sale of the Denman
Updated: 07/21/2010 02:06P
Captiol Alert: State board balks at emergency loan for Modoc County
The state's Pooled Money Investment Board dealt today with Modoc County's request for an emergency $12.5 million loan to stave off bankruptcy in less than a
Updated: 07/21/2010 02:03P
New Allegations in Madoff Case Against $1 Billion 'Enablers'
The allegations came in a complaint filed by the Madoff Bankruptcy Trustee against Noel and others who worked with him at the Fairfield-Greenwich investment
Updated: 07/21/2010 01:45P