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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.

Hawker Beechcraft  could file for Chapter 11 bankruptcy as early as Thursday, according to a Wall Street Journal article today. The company is in the final stages of preparing a “pre-arranged bankruptcy” and will hand ownership over to ...

In a filing to a Tokyo district court on April 27, the bondholders said they could submit a rival reorganization plan if the bankruptcy trustees agreed to a low-ball bid that would "unintentionally transfer great value to the winning sponsor". U.S.-based ...

LOS ANGELES (AP) -- The $2 billion sale of the Los Angeles Dodgers was finalized Tuesday, ending the tumultuous era under former owner Frank McCourt, who took the team into bankruptcy and made his private life public through a nasty divorce ...

He took the Dodgers into bankruptcy last year, and into a legal showdown with ... according to people familiar with the sale agreement. No major changes to the team are expected immediately. The Dodgers' executive departures Tuesday included ...