A majority of American Eagle pilots have voted in favor of a new labor agreement between their union and AMR Corp., the regional airline’s parent. Read the Daily Bankruptcy Review article here.
Ally Financial Inc. is worried that the proposed sale of Residential Capital LLC’s mortgage-servicing platform might hamstring ResCap’s promise to abide by the terms of a landmark national mortgage settlement. Read the Daily Bankruptcy Review article here.
Hostess Brands Inc. Tuesday launched its courtroom campaign to impose new labor deals on a group of unions that represent a small slice of the Twinkie maker’s workforce.
Academics say Chapter 14, which would address failing financial institutions, could co-exist with Dodd-Frank. Read the Daily Bankruptcy Review article here.
A judge on Wednesday approved new collective-bargaining agreements between American Airlines’ parent and the unions representing its flight attendants and mechanics, an important but penultima
Digital Domain Media Group Inc . said it filed for Chapter 11 bankruptcy and agreed to sell its core business to private investment firm Searchlight Capital Partners LP for $15 million. Click here to read the article in DBR Small Cap.
A judge cleared Central Falls, R.I., to emerge from Chapter 9 protection with a plan that would forgive some of its debts and finalize cuts to its retirees’ pension plans. Read the DBR Small Cap article here.
