News

Dewey calls meeting with ex-partners to talk settlement - msnbc.com

07/09/12

The case is In re Dewey & LeBoeuf LLP, U.S. Bankruptcy Court, Southern District of New York, No. 12-12321. (Reporting by Nick Brown; editing by Matthew Lewis)

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Hawker Beechcraft in talks with Chinese company for sale - Reuters

07/09/12

(Reuters) - Bankrupt aircraft maker Hawker Beechcraft Inc said it was in exclusive talks with a Chinese aerospace firm over a sale of the company for ... Onex Corp (OCX.TO), filed for Chapter 11 bankruptcy in May, unable to support a $2.5 ...

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Patriot Coal Files for Bankruptcy Reorganization - ABC News

07/09/12

The St. Louis company is filing for reorganization in the Bankruptcy Court of the Southern District of New York. Coal-mining companies have struggled recently because U.S. demand and prices for coal are down. Natural gas prices have fallen ...

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Weil Gotshal Seeks OK of $431.6M Legal Bill for Lehman Bros. Bankruptcy, Won’t Seek Fee Enhancement - ABA Journal

07/09/12

... to OK more than $430 million in fees for representing Lehman Brothers Holdings Inc. in a record-breaking bankruptcy case over a period of three-and-a-half years. During that time, lawyers and staff billed approximately 747,000 hours in the ...

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Patriot Coal Files for Chapter 11 Bankruptcy - NASDAQ

07/09/12

NEW YORK--Patriot Coal Corp. (PCX) filed for Chapter 11 bankruptcy on Monday, the largest casualty of the worst U.S. market for the power-plant fuel in decades. U.S. demand for coal has slumped this year as utilities favored cheaper natural gas ...

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News Summary: Patriot Coal bankruptcy filing - AP - msnbc.com

07/09/12

THE FILING: Coal mining company Patriot Coal Corp. on Monday filed for Chapter 11 bankruptcy protection. Coal companies have struggled with lower prices and demand in the U.S., and Patriot said it is also dealing with rising costs related to environmental ...

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Patriot Coal Files for Chapter 11 Bankruptcy Protection - Wall Street Journal

07/09/12

Patriot Coal Corp. filed for Chapter 11 bankruptcy protection, a move that comes as the company faces a challenging market for coal. Its shares slide 43%, to 35 cents in after-hours trading Monday. The coal producer's stock dropped 72% during the regular ...

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UPDATE: Patriot Coal Files for Chapter 11 Bankruptcy - NASDAQ

07/09/12

NEW YORK--Patriot Coal Corp. (PCX) filed for Chapter 11 bankruptcy on Monday, the largest casualty of the worst U.S. market for the power-plant fuel in decades. U.S. demand for coal has slumped this year as utilities favored cheaper natural gas ...

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Patriot Coal file for bankruptcy - The Business Journal

07/09/12

The bankruptcy filing states that Patriot Coal has between 10,001 and 25,000 creditors. Before filing for bankruptcy, Patriot Coal secured $802 million in debtor-in-possesion financing from Citigroup Global Markets Inc., Barclays Bank PLC ...

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Patriot Coal files for bankruptcy reorganization - San Francisco Gate

07/09/12

NEW YORK (AP) — Patriot Coal Corp. is filing for Chapter 11 bankruptcy protection to restructure its business as it deals with reduced demand for coal and rising costs. Patriot says it will continue shipping and mining operations, and has received a ...

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