363 Sales

Future of S.J. landmarks unlcear - Courier-Post

05/11/12

The Cherry Hill landmark, which plans to continue operations, filed in U.S. Bankruptcy Court on Wednesday — the same day it was scheduled to be auctioned at a sheriff’s sale, club president Irv Richter said in a letter to members.

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Betsey Johnson chain starts liquidation sale - Reuters India

05/11/12

May 11 (Reuters) - U.S. fashion designing house Betsey Johnson LLC, which filed for Chapter 11 bankruptcy protection last month, has commenced a going-out-of-business sale at its stores and outlets. Gordon Brothers Group and Hilco Merchant ...

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Toyota Tops GM in Global Auto Sales - Businessweek

05/10/12

Toyota became the world’s largest automaker by unit sales in 2008, as the U.S. market collapsed and GM slid toward its 2009 bankruptcy. GM regained global leadership last year and Wolfsburg, Germany-based VW jumped to second place as Toyota ...

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Jeremy Mayfield’s wife files for bankruptcy - Sporting News

05/10/12

In a move that will allow Jeremy Mayfield to delay the sale of his foreclosed-on property, Mayfield’s wife, Shana Sessions Mayfield, has filed for bankruptcy. The move was not a surprise as the Mayfields have seen the bills stack up ever since Mayfield ...

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ResCap Bankruptcy Would Move Ally Closer to IPO - Wall Street Journal

05/10/12

Barclays PLC will provide ResCap with a roughly $1.45 billion so-called debtor-in-possession loan to keep the mortgage unit operating under bankruptcy protection and “bridge” the company to the asset sales, these people said. Ally CEO ...

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Hostess Brands bankruptcy could cost 300 Bay State jobs - Boston Herald

05/10/12

The notices were sent to alert employees that a sale or wind down of the company is possible in the future,” the Irving, Texas-based company said in a statement. “However, our goal is still to emerge from bankruptcy as a growing company and there are ...

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Hostess Brands, amid bankruptcy proceedings, sends layoff warnings to 381 Michigan employees - MLive.com

05/10/12

The company entered Chapter 11 bankruptcy in January. “The notices were sent to alert employees that a sale or wind-down of the company is possible in the future,” spokesman Erik Halvorson said in a statement. “However, our goal is still ...

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Bidders make offers to buy bankrupt Hostess - New York Post

05/10/12

Privately owned Hostess filed for bankruptcy in January — the second time in the past decade. Hostess owes more than $860 million to lenders, mainly hedge funds that have the right to block the sale of the company. Hostess and the powerful Teamsters ...

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Bankas Snoras AB : Update on the sale of Finasta Group and SNORO Lizingas - 4-traders (press release)

05/10/12

The Bankruptcy Administrator of BAB Bankas SNORAS can today confirm that final negotiations with investors are taking place over the sale of Finasta Group and SNORO Lizingas. The Finasta Group negotiations concern the sale of seven companies including the ...

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Hostess Brands warns workers, including 251 here, they face unemployment - Memphis Commercial Appeal

05/10/12

"The notices were sent to alert employees that a sale or wind down of the company is possible in the future. However, our goal is still to emerge from bankruptcy as a growing company and there are no immediate actions being taken to sell or wind ...

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