News

Hunter Marine's parent company files Chapter 11 - Herald Tribune

05/03/12

ALACHUA - The parent company of Hunter Marine Corp. filed for Chapter 11 bankruptcy reorganization in U.S. Bankruptcy Court for the District of New Jersey. Morgan Industries Corp. is the parent company of Alachua-based sailboat and sailing yacht ...

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Court approves Dippin' Dots sale to Oklahoma City investors - Daily Oklahoman

05/02/12

A bankruptcy court on Wednesday approved an Oklahoma firm's $12.7 million purchase of Dippin' Dots, the maker of flash-frozen ice cream beads sold at arenas, theme parks and festivals. The deal is expected to close later this month, according to the buyer ...

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Dewey Partners Said to Be Told to Send Bills, Forgo Pay - Bloomberg

05/02/12

“The banks know that Chapter 11 will add another whole layer of huge expense and involve years of litigation with little gained,” said Anthony Sabino, a lawyer and professor at the Peter J. Tobin College of Business at St. John’s ...

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WSJ: Hawker Beechcraft bankruptcy coming soon - Kansas CW

05/02/12

Hawker Beechcraft is in the final stages of plans to file for Chapter 11 bankruptcy according to an article in Wednesday's Wall Street Journal. Thereare reports the filing could happen as soon as Thursday. A spokesperson for the plane-maker ...

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Hawker Beechcraft files for bankruptcy protection - Philadelphia Daily News

05/02/12

WICHITA, Kan. - Hawker Beechcraft filed for bankruptcy protection Thursday in the latest blow to Wichita's beleaguered aircraft industry, with the company saying it had reached an agreement with many creditors on a plan to restructure its debt.

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Hawker Files Chapter 11 - WIBW

05/02/12

WICHITA, Kan. (AP) — Hawker Beechcraft filed for bankruptcy protection Thursday in the latest blow to Wichita's beleaguered aircraft industry, with the company saying it had reached an agreement with many creditors on a plan to restructure its debt.

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Recoupment Affirmative Defense Not Extinguished by Debtor’s 363(f) Sale - jdsupra.com

05/02/12

The contract also required that Interep maintain a sales force of 20 salespersons. Interep and its subsidiaries filed for chapter 11 protection in the Bankruptcy Court for the Southern District of New York on March 30, 2008. The case was later converted to ...

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Dodgers introduce new owners - CNN Sports Illustrated

05/02/12

Although they made the playoffs four times in McCourt's eight years, the Dodgers haven't won the World Series since 1988, before the O'Malley family's sale of the club sent ... before putting the club into bankruptcy last June.

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Colombia’s Fabricato Pares Bankruptcy Debt to 1.53 Billion Pesos - Bloomberg

05/02/12

Fabricato SA paid down its debt under Colombian bankruptcy law to about 1.53 billion pesos ($870,210), the textile producer said in a regulatory filing. To contact the reporter on this story: Christine Jenkins in New York at cjenkins28@bloomberg ...

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Hawker Nearing Chapter 11 - Wall Street Journal

05/02/12

Hawker Beechcraft Inc., the struggling aircraft manufacturer, is in the final stages of preparing to file for bankruptcy protection and hand ownership to several hedge funds, said people familiar with the matter. Hawker, based in Wichita, Kan.

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