363 Sales

ResCap expects to close the sale at the end of the year, Marano said. ResCap, once one of the country's largest subprime-mortgage lenders, has been the subject of bankruptcy speculation on and off for several years. Fortress considered buying ...

Mike Carpenter, chief executive, said Ally was also putting its international business up for sale as part of an effort to repay ... that Bank of America could follow suit and try to use bankruptcy to shed the billions of dollars of possible liabilities ...

Mr. Bennett represented the Los Angeles Dodgers in the baseball team’s recent $2 billion bankruptcy sale to a group of investors including Magic Johnson. He said the core of a group that practiced for Dewey in Los Angeles and came to the firm ...

said he was pleased American would at least consider a merger while still in bankruptcy. "We've run (newspaper) ads and done everything we could to tell the company to consider every option, and one is the possible sale or merger," he said.

Here's a clip from Schultz's radio show on June 1, 2009, the day of GM's filing (audio)-- The following day, Schultz came across as breezily cavalier about a specific aspect of GM's bankruptcy, the sale of its Hummer division to a buyer in China ...