News

Nassau Broadcasting Asset Sale Gets Bankruptcy-Court Approval - Smart Money

05/09/12

The bankruptcy court signed off on the sale of Nassau Broadcasting Partners LP's assets Tuesday to five different buyers, including a Goldman Sachs Group Inc. (GS) affiliate, which bought the majority of the radio stations. "The debtors have ...

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Goldman Sachs Group, Inc. : Nassau Broadcasting Asset Sale Gets Bankruptcy-Court Approval - 4-traders (press release)

05/09/12

The bankruptcy court signed off on the sale of Nassau Broadcasting Partners LP's assets Tuesday to five different buyers, including a Goldman Sachs Group Inc. (GS) affiliate, which bought the majority of the radio stations. "The debtors have demonstrated ...

[more]

Bankruptcy case appeal date announced - ifaonline.co.uk

05/09/12

A judge ruled earlier this year that bankrupts who are entitled to a pension which has not yet been drawn may be forced to withdraw the cash to pay off creditors in the case Raithatha v Williamson. Michael Williamson will have his challenge to the decision ...

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Bidders bypass stations during bankruptcy auction - Times-Argus

05/09/12

There were apparently no takers for a dozen Vermont radio stations that were part of a package of stations put up for sale at a bankruptcy auction last week. Nassau Broadcasting Partners put its 49 stations up for sale to satisfy creditors as ...

[more]

The Daily Docket: Lehman Blasts Banks’ Deal With Zell - Wall Street Journal

05/09/12

Six months into the bankruptcy case of Jefferson County, Ala., symptoms of the municipality’s financial collapse are showing, Bloomberg reports. According to the Las Vegas Sun, Las Vegas developer Bill Plise disclosed debts of more than $500 ...

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Nassau Broadcasting Asset Sale Gets Bankruptcy-Court Approval - NASDAQ

05/09/12

"The debtors have demonstrated good, sufficient and sound business reasons and compelling circumstances to enter into the [purchase agreement]," the order filed with the U.S Bankruptcy Court in Wilmington, Del., said. "The sale transaction is ...

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Bidders bypass stations during bankruptcy auction - Times-Argus

05/09/12

There were apparently no takers for a dozen Vermont radio stations that were part of a package of stations put up for sale at a bankruptcy auction last week. Nassau Broadcasting Partners put its 49 stations up for sale to satisfy creditors as ...

[more]

The Law Office of James C. White Releases Podcast About How Loan Modifications Can be Risky - PR.com

05/09/12

Durham, NC, May 09, 2012 --(PR.com)-- The Law Office of James C. White (http://jcwhitelaw.com), a law firm based in Durham, N.C., focusing on civil litigation and bankruptcy, has announced the release of a podcast on home loan modifications and mortgage options.

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Bidders bypass stations during bankruptcy auction - Times-Argus

05/09/12

There were apparently no takers for a dozen Vermont radio stations that were part of a package of stations put up for sale at a bankruptcy auction last week. Nassau Broadcasting Partners put its 49 stations up for sale to satisfy creditors as ...

[more]

Bidders bypass stations during bankruptcy auction - Times-Argus

05/09/12

Nassau Broadcasting Partners put its 49 stations up for sale to satisfy creditors as part of its Chapter 11 bankruptcy proceeding. Goldman Sachs, a major creditor, made a successful $38.7 million credit bid on 11 stations in New Jersey and Pennsylvania.

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