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363 Sales

Fire sale at Peninsula Hospital  - New York Daily News

04/25/12

Let the fire sale begin. Now that the doors have officially shuttered ... Any deal would be subject to approval of the bankruptcy court, which has been overseeing Peninsula’s affairs. Peninsula closed its doors on April 9 following a debacle ...

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Chrysler profit expected to grow in 1Q - AP - msnbc.com

04/25/12

Sales are up. And the company is charging higher prices for cars and trucks that have been revamped since Chrysler's emergence from bankruptcy protection almost three years ago. CEO Sergio Marchionne predicts net income of $1.5 billion this year as auto ...

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United States: Buyer Beware: 363 Sale May Not Absolve Successor Liability - Mondaq

04/25/12

It has long been understood by buyers of assets of distressed companies that once a sale is authorized pursuant to Section 363 of the Bankruptcy Code, the buyer is absolved of any liabilities which may have encumbered the assets of the previous owner ...

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Day School among ‘endangered historic places’ - Chicago Sun-Times

04/24/12

The now-vacant campus includes 10 buildings including a house, a dining hall, a gym and a pool. A large sign out front says “Bankruptcy Sale, 62 Acres,” with the names and phone numbers of two real-estate firms. Most notable among those buildings is ...

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Can I stop a post-bankruptcy home sale? - Inside Fidelity

04/24/12

After I filed bankruptcy papers with the courts, I called the mortgage company that is putting my home up for foreclosure sale/auction -- which was scheduled for the same day I filed. I filed at 11:16 a.m., and the sale was scheduled for noon. I called the ...

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Retailers docking on both sides of the bay - St. Petersburg Times

04/24/12

"If sales are off one hour, okay ... "They were highly leveraged." After filing for bankruptcy in 2009, Bailey Banks & Biddle's International Plaza store closed, and this was the push to finally expand to Tampa, Hess said.

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McLaren seeks to reopen Cheboygan hospital's ER - MLive.com

04/24/12

It announced in March that it was filing for Chapter 11 bankruptcy protection after losing more than $7 million last year. Hospital officials had proposed an expedited sale to McLaren that would have kept the facility open. After the sale was blocked ...

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McLaren seeks to reopen Cheboygan hospital's ER - MySanAntonio

04/24/12

(AP) — A health care system plans to go before a bankruptcy judge to reopen the emergency department and other outpatient services at a closed northern Michigan hospital. The hospital closed unexpectedly April 3 after a sale to McLaren fell through over ...

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McLaren seeks reopening of Cheboygan hospital's ER - MLive.com

04/24/12

McLaren could go before the bankruptcy court next week. If approved, the reopening process and hiring of staff will start immediately. The hospital closed unexpectedly April 3 after a sale to McLaren fell through. The Michigan Nurses Association said ...

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Report: Dodgers' McCourt Will Seek Loan if Sale is Delayed - My Fox Boston

04/24/12

A US Bankruptcy judge approved the sale of the Dodgers to GBM for $2.15 billion earlier this month. Basketball legend and former Lakers great Magic Johnson led the group that won an auction for the storied franchise, marking an end to a soap ...

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