363 Sales

Goldman’s Hawker Beechcraft Files for Bankruptcy Protection - Businessweek

05/03/12

Hawker Beechcraft Inc., the private- jet maker owned by Goldman Sachs Group Inc. (GS) (GS) and Onex Corp. (OCX), sought bankruptcy protection after debt mounted and sales slumped. Hawker, bought for $3.3 billion in 2007, listed more than $1 ...

[more]

Lear profit falls 14% as Europe sales slide - Marketwatch

05/03/12

Lear Corp.'s (NYSE:LEA) first-quarter earnings fell 14% as the auto-parts supplier recorded weaker sales in Europe. Lear, which makes automotive seating systems and electric systems, emerged from bankruptcy protection in November 2009 after ...

[more]

Bankas Snoras AB : Update on the sale of the BAB Bankas SNORAS mini banks - 4-traders (press release)

05/03/12

The Bankruptcy Administrator can today confirm that discussions over the sale of the mini banks of BAB Bankas SNORAS are now at an advanced stage. There are approximately 230 mini banks located throughout Lithuania and these will be realised for the ...

[more]

Court approves Dippin' Dots sale to Oklahoma City investors - Daily Oklahoman

05/02/12

A bankruptcy court on Wednesday approved an Oklahoma firm's $12.7 million purchase of Dippin' Dots, the maker of flash-frozen ice cream beads sold at arenas, theme parks and festivals. The deal is expected to close later this month, according to the buyer ...

[more]

Recoupment Affirmative Defense Not Extinguished by Debtor’s 363(f) Sale - jdsupra.com

05/02/12

The contract also required that Interep maintain a sales force of 20 salespersons. Interep and its subsidiaries filed for chapter 11 protection in the Bankruptcy Court for the Southern District of New York on March 30, 2008. The case was later converted to ...

[more]

Dodgers introduce new owners - CNN Sports Illustrated

05/02/12

Although they made the playoffs four times in McCourt's eight years, the Dodgers haven't won the World Series since 1988, before the O'Malley family's sale of the club sent ... before putting the club into bankruptcy last June.

[more]

GM Needs Europe Fix as Opel Losses Undercut U.S. Recovery - Businessweek

05/02/12

GM, the world’s largest automaker, would report its ninth- straight profitable quarter tomorrow since emerging from bankruptcy in 2009 ... In the January-to-March quarter, GM’s car sales fell 12 percent to 271,711 in the 27-member European ...

[more]

Court Approves Dippin’ Dots Sale to Oklahoma Firm - Business Wire

05/02/12

Inc. A motion to permit the proposed sale was approved today by the U.S. Bankruptcy Court in Louisville, Kentucky. The sale is expected to close by mid-May. The buyer is unaffiliated with Dippin’ Dots, Inc., the past owners of the ice cream novelty company.

[more]

The Daily Docket: Dodgers Sale Is Complete - Wall Street Journal

05/02/12

The Los Angeles Dodgers said Tuesday the $2 billion sale of the team and stadium to an investment group headed by Earvin “Magic” Johnson is complete. Read the Daily Bankruptcy Review article here. (Daily Bankruptcy Review and DBR Small Cap ...

[more]

Dodgers sale finalized; Magic now among owners - Yahoo Finance

05/02/12

LOS ANGELES (AP) -- The $2 billion sale of the Los Angeles Dodgers was finalized Tuesday, ending the tumultuous era under former owner Frank McCourt, who took the team into bankruptcy and made his private life public through a nasty divorce ...

[more]