Gingrich Group LLC, which operates the Center for Health Transformation, yesterday listed debt of as much as $10 million and assets of less than $100,000 in Chapter 7 documents filed in U.S. Bankruptcy Court in Atlanta, where it is based.
After weeks of crowing that bankruptcy is not an option for his faltering wireless venture, troubled hedge-fund honcho Phil Falcone yesterday said he is “seriously considering” seeking a voluntary bankruptcy for high-speed startup LightSquared.
Dynegy said in a statement that it reached an agreement in principle with creditors holding more than $2.5 billion of claims against Dynegy Holdings LLC, which filed for bankruptcy protection on November 7. The creditors had complained that ...
Dynegy said in a statement that it reached an agreement in principle with creditors holding more than $2.5 billion of claims against the Dynegy Holdings LLC unit, which filed for bankruptcy protection on Nov. 7. It said the agreement ...
Municipal bankruptcy could also be long and costly for Detroit. Unlike General Motors and Chrysler, who emerged from Chapter 7 in a matter of months, the Chapter 11 process typically takes years or even decades. "We will not get out of a ...
The bankrupt Yavapai Downs fetched $3.25 million during a bankruptcy auction. The Daily Courier ( http ... The USDA has final say because it still holds $14.7 million in loans on the track. The asking price for the 125-acre site was $12.7 million.
Its credit ratings have suffered as well. Dynegy Holdings LLC and four of its subsidiaries filed for bankruptcy protection on Nov. 7, with a plan to restructure $4 billion in debt. The bankruptcy proceedings have been contentious. Even before the filing ...
Dynegy said it reached an agreement in principle with creditors holding more than $2.5 billion of claims against the Dynegy Holdings LLC unit, which filed for bankruptcy protection on Nov. 7. It said the agreement "contemplates the resolution of ...
Meanwhile, the $1.7 million consulting arrangement with departing CEO ... "I don't know if shortchanging employees' pay is a common occurrence when a company is contemplating bankruptcy, but messing with the pilots' pay strikes me as a dangerous ...
NEW YORK (AP) — Ground beef processor AFA Foods said Monday that it is filing for Chapter 11 bankruptcy protection and selling its assets after the public outcry over the beef filler known as “pink slime” derailed its efforts to save its ...
