Liquidation

The bankruptcy case is In re AMR Corp., 11-15463 ... The bid would permit the payment of a so-called break-up fee of $7.5 million to stalking horse bidder South Mississippi Electric Power Association, or SMEPA, court files revealed.

Another benefit of bankruptcy is that it stops all of the harassing phone calls and other frustrating tactics used by collection agencies. Unfortunately Chapter 7 and Chapter 13 bankruptcy affects a person’s overall credit score. It can lower ...

airline reported that revenue rose 7.2 percent in the second quarter and it made $306 ... Two months later, on Nov. 29, American's parent company, AMR Corp., filed for Chapter 11 bankruptcy protection. On the same day, former CEO Gerard Arpey ...

DOVER, Del. (AP) — Unhappy creditors are challenging a federal judge's approval of Tribune Co.'s plan to emerge from bankruptcy, asking that it be put on hold until their appeals are heard. Separate appeals were filed late Monday by Aurelius ...

The biggest decliners included Canadian Natural Resources , down 3.7 percent to C$27.72, Suncor Energy, which slid 1.5 percent to C$29.85, Cenovus Energy, off 2.2 percent at C$32.53, and Encana Corp, down 3.4 percent at C$20.80. "You had many of ...