News

Houghton Mifflin files for bankruptcy protection - Yahoo Finance

05/31/12

BOSTON (AP) -- Houghton Mifflin Harcourt Publishers Inc. has filed for Chapter 11 bankruptcy protection after reaching an agreement to eliminate $3.1 billion of its debt. The textbook publisher's move Monday came as little surprise as it ...

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RG Steel files for Chapter 11 protection - The Business Journal

05/31/12

Troubled steelmaker RG Steel, with operations in Wheeling, W.Va., and elsewhere, filed Thursday for Chapter 11 bankruptcy protection. RG Steel said earlier in May that it could possibly sell its Sparrows Point, Md., mill as the company struggled ...

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Sparrows Point mill owner files for Chapter 11 bankruptcy - Baltimore Sun

05/31/12

The owner of the financially troubled Sparrows Point steel mill filed for bankruptcy protection Thursday, a week after idling operations and warning 1,975 workers that they would be laid off. RG Steel LLC filed under Chapter 11 in U.S ...

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Analysis: Dewey's bankruptcy: Let the rumble begin - msnbc.com

05/31/12

Dewey, a storied firm with deep Wall Street connections, filed for Chapter 11 protection on Monday night. The firm had veered toward collapse over the last six months amid revelations of fat salary guarantees, risky loans and a culture of secrecy.

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RG Steel files for bankruptcy protection - CNBC

05/31/12

said in its filing that it has more than $1 billion in assets and $1 billion in liabilities and wants "breathing room" to pursue a sale. It's unclear how entering bankruptcy protection will affect RG Steel's plan to lay off employees, almost 90 percent of ...

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RG Steel files for bankruptcy protection - CNBC

05/31/12

and $15.7 million by Ballie Steel PLC of London ... Former Chief Financial Officer Richard Caruso said in a bankruptcy affidavit that RG Steel has not received a lead, or "stalking horse," bid for its assets but is confident it can negotiate a sale ...

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Sparrows Point mill owner files for bankruptcy - Baltimore Sun

05/31/12

RG Steel executives said the bankruptcy would facilitate a sale. The company, based at the Baltimore County facility, has struggled with weak demand for steel, high raw material costs and overcapacity of steel-making in the United States.

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Harper Brush Works, Inc. Files Chapter 11 Bankruptcy Protection - Marketwatch

05/31/12

Harper Brush Works, Inc., an Iowa-based broom and brush manufacturing company, announced on May 29, 2012 that it has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of ...

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Report: US Airways eyes new options for American merger - USA Today

05/31/12

That's thanks to a report from Reuters that says US Airways could partner with the private equity firm TPG Capital in its bid for American parent AMR Corp. AMR, of course, is restructuring under Chapter 11 bankruptcy protection. Citing unnamed "people ...

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RG Steel Files For Chapter 11 - Ohio News Now

05/31/12

One week after announcing plans to idle operations at their Warren facility, the owners of RG Steel have now filed for Chapter 11 bankruptcy protection. In its filing Thursday morning in Delaware, the company listed more than $1 billion in both ...

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