363 Sales

Buyer of bankrupt Saab aims at electric cars for China - Reuters India

06/13/12

The bankruptcy administrators said on Wednesday they had chosen ... chief executive and main owner Kai Johan Jiang told a news conference. "Marketing and sales will be global but initially we will focus on China. It's there we see the biggest ...

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ResCap wins court OK on operations; bidders emerge - Reuters

06/12/12

ResCap filed for bankruptcy last month with a plan in place for Nationstar ... Kenneth Eckstein of Kramer Levin Naftalis, described the sales situation as "extremely fluid" and said the committee would need time to consider the new offers.

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Kodak Moves to Sell Patents in Bankruptcy Without Minimum Bid - IPWatchdog.com

06/12/12

August 20, 2012 – Anticipated date for final sale hearing with Bankruptcy Court According to the 10-Q filed on May 3, 23012, “all net cash proceeds from any sale in respect of the Company’s digital imaging patent portfolio must be used to ...

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Saab's name is last issue in its bankruptcy - USA Today

06/12/12

The sale of bankrupt Saab Automobile has come down its proud name ... Saab's downward spiral began when it was jettisoned as part of General Motors' bankruptcy reorganization.

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Berkshire seeking to buy ResCap mortgage unit - Republic

06/12/12

Bankruptcy Judge Martin Glenn is scheduled to consider the sale procedures on June 18. The auction is set for September, and ResCap CEO Tom Marano told Reuters last week that other bidders are likely to emerge in the coming weeks. In both cases ...

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Rangers on the brink of liquidation - FOXSports.com

06/12/12

Rangers entered bankruptcy protection in February following a long-running ... Their statement Tuesday says the decision to force liquidation does not ''prejudice the proposed sale of the club,'' but allows them to pursue individuals for the ...

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Eastman Kodak files for auction of Digital Imaging patents - msnbc.com

06/11/12

Kodak's motion outlines a sale process such that only the winning bidder and the successful bid amount will be publicly announced at the end of the auction, it said in a statement. Kodak, now in bankruptcy, expects the motion to be heard by the Court on ...

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Berkshire Offers to Buy ResCap Assets - New York Times

06/11/12

In a filing in Manhattan bankruptcy court, Berkshire essentially offered to ... By shedding ResCap, Ally is hoping to clear the path to an eventual initial public offering or sale to repay its taxpayer bailout. The Treasury Department, which ...

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Berkshire Seeks to Buy Rescap’s Mortgage Unit - Businessweek

06/11/12

Under a proposed sale agreement with ResCap, Fortress would be the initial bidder at an auction overseen by the bankruptcy court. Should Fortress lose the auction, it would be entitled to a $72 million breakup fee and $10 million in expense ...

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Land Report Seeks 2012 Deal Of The Year - Marketwatch

06/11/12

"As our readers already know, Texas's Camp Cooley Ranch had a laundry list of complex issues, ranging from quarantine and bankruptcy to leaked court documents. A court-ordered sale was imminent. 2011 Deal Maker of the Year Bernie Uechtritz ...

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