News

Money gone? Peregrine CEO's receiver not so sure - Reuters India

07/24/12

The brokerage filed for bankruptcy protection in Chicago on July 10, and Wasendorf was arrested three days later for lying to regulators. With his assets frozen, the chief executive will rely on a public defender at his next appearance in ...

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Mountain Shadows owners turn to bankruptcy court to settle dispute - Phoenix Business Journal

07/24/12

based Crown Realty & Development Inc. and owners of the former resort, each filed separate Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Arizona on June 19, according to court records obtained by the Phoenix Business Journal.

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Rockwell Scales Back Sales Outlook - Wall Street Journal

07/24/12

Rockwell Collins Inc. lowered its full-year sales guidance in the wake of the bankruptcy filing at aircraft maker Hawker Beechcraft Corp. and slower-than-expected delivery growth in business aircraft. "The actual pace of deliveries is increasing ...

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UPDATE: Judge shifts RoomStore bankruptcy to Chapter 7 liquidation - Furniture Today

07/24/12

A U.S. Bankruptcy Court judge here has agreed to convert the Chapter ... The ruling by Judge Douglas Tice means a trustee will soon be appointed to oversee the sale of the company's remaining assets - primarily its 65% stake in bedding retailer Mattress ...

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Tribune creditors appeal bankruptcy plan approval - Reuters UK

07/24/12

(Reuters) - Bondholders have appealed a federal judge's decision to approve Tribune Co's bankruptcy reorganization plan, which would give ownership of the media company to its senior lenders. The appeals were filed with the U.S. Bankruptcy Court ...

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Tribune creditors appeal bankruptcy plan approval - Reuters

07/24/12

July 24 (Reuters) - Bondholders have appealed a federal judge's decision to approve Tribune Co's bankruptcy reorganization plan, which would give ownership of the media company to its senior lenders. The appeals were filed with the U.S ...

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Tribune creditors appeal bankruptcy plan approval - Reuters

07/24/12

The appeals were filed with the U.S. Bankruptcy Court in Wilmington ... in the range of reasonableness," and ignores the strength of claims it still has in litigation over the $8.2 billion buyout. A second appeal was filed by bond trustees ...

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Tribune creditors appeal bankruptcy plan approval - Reuters UK

07/24/12

The appeals were filed with the U.S. Bankruptcy Court in Wilmington, Delaware, after U.S. Bankruptcy Judge Kevin Carey on Monday signed off on the Chapter 11 plan for the publisher of the Chicago Tribune, Los Angeles Times and Baltimore Sun.

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Tribune creditors appeal bankruptcy plan approval - Reuters

07/24/12

July 24 (Reuters) - Bondholders have appealed a federal judge's decision to approve Tribune Co's bankruptcy reorganization plan, which would give ownership of the media company to its senior lenders. The appeals were filed with the U.S ...

[more]

El Monte seeks sugary-drink tax to shore up budget - Los Angeles Times

07/24/12

El Monte officials said they are not at the edge of bankruptcy but need the sugary drinks tax revenue ... a steady stream of tax revenues struggled. Several folded. Sales tax dollars have fallen off sharply since, forcing El Monte to reduce ...

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