News

May 3 (Bloomberg) -- Hawker Beechcraft Inc., the private- jet maker owned by Goldman Sachs Group Inc. and Onex Corp., sought bankruptcy protection after debt mounted and sales slumped. Hawker, bought for $3.3 billion in 2007, listed more than $1 ...

The face of Hawker Beechcraft will be changed by the prearranged reorganization bankruptcy the planemaker filed Thursday, according to a Wichita bankruptcy attorney. The company’s core mission – building airplanes – won’t change.

The bankruptcy might give Suleman a fresh start, but the filing means that her creditors — which include a Christian school and her own father — are out of luck.  Suleman filed for Chapter 7 bankruptcy, in which a debtor’s assets are ...

WICHITA, Kan., May 4 (UPI) -- Aircraft manufacturer Hawker Beechcraft, with some of its subsidiaries, has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. The filings, in the U.S. Bankruptcy Court for the Southern District ...

But with Suleman filing for bankruptcy this week and revealing she owes everyone from her parents to her gardener to her babysitters nearly $1 million, could the Octomom Odyssey finally be grinding to an inglorious halt? Not only is Suleman flat broke ...