363Sales

France's number two airline suspends some flights, ticket sales - International Business Times

09/05/19

France's number two airline suspends some flights, ticket sales  International Business Times

France's second-largest airline Aigle Azur, which went into receivership earlier this week, said Thursday it had halted flights to several destinations and was ...

[more]

JSW Snaps Up Second Stressed Steel Asset With Bhushan Power Win - Bloomberg

09/05/19

JSW Snaps Up Second Stressed Steel Asset With Bhushan Power Win  Bloomberg

An Indian bankruptcy tribunal approved JSW Steel Ltd.'s $2.7 billion bid for Bhushan Power & Steel Ltd., the second major steel asset the mill has bagged under ...

[more]

Bankrupt smartphone maker Gionee to release 2 new phones to repay debts - TechNode

09/05/19

Bankrupt smartphone maker Gionee to release 2 new phones to repay debts  TechNode

Gionee, the Chinese smartphone maker which declared bankruptcy in December, has launched two smartphones in a bid to repay debts numbering in the ...

[more]

Jet Airways crisis: Creditors likely to recover only $300-$400 million in liquidation scenario - Business Today

09/05/19

Jet Airways crisis: Creditors likely to recover only $300-$400 million in liquidation scenario  Business Today

Creditors of India's bankrupt Jet Airways are likely to recover less than 10% of the carrier's total outstanding dues in a liquidation scenario if no suitor succeeds in ...

[more]

2 of the Most Expensive Homes for Sale in the Carbondale Area - Kenosha News

09/05/19

2 of the Most Expensive Homes for Sale in the Carbondale Area  Kenosha News

From modern mansions to extravagant cabins in the woods, these residences are currently the priciest on the market.

[more]

Reports: Sears to cut 250 jobs at Hoffman Estates headquarters - Chicago Daily Herald

09/04/19

Reports: Sears to cut 250 jobs at Hoffman Estates headquarters  Chicago Daily Herald

Reports say Sears is cutting around 250 employees at its Hoffman Estates headquarters beginning in late October, the company said in a letter to the Illinois ...

[more]

Health-test kit supplier uBiome seeks Ch. 11 protection amid FBI probe - Reuters

09/04/19

Health-test kit supplier uBiome seeks Ch. 11 protection amid FBI probe  Reuters

Health-test supplier uBiome Inc filed for bankruptcy protection on Wednesday, aiming to complete a court-supervised sale in November after a federal ...

[more]

Illinois Media Group Gets Quick Ch. 11 Rules Hearing - Law360

09/04/19

Illinois Media Group Gets Quick Ch. 11 Rules Hearing  Law360

Bankrupt Illinois media outlet News-Gazette Inc. won a grudging acceleration Wednesday of a bid procedures hearing for a proposed stalking horse sale, after ...

[more]

Residency sale stalemate hangs up ruling in Hahnemann bankruptcy - WHYY

09/04/19

Residency sale stalemate hangs up ruling in Hahnemann bankruptcy  WHYY

The residency slots sold for $55 million at auction as part of Chapter 11 proceedings, pending the judge's approval. He says he'll rule Thursday afternoon.

[more]

Non-Compete News: – Georgia Court Interprets Non-Compete Statute's "Sale-of-a-Business" Provision - JD Supra

09/04/19

Non-Compete News: – Georgia Court Interprets Non-Compete Statute's "Sale-of-a-Business" Provision  JD Supra

Georgia's Restrictive Covenants Act (O.C.G.A. § 13-8-50 et seq.) (“RCA”) governs Georgia non-compete agreements entered into after May 2011. Very few ...

[more]