News

Energy Conversion Devices postpones bankruptcy auction date of Uni-Solar subsidiary - MLive.com

04/23/12

They have been looking for a buyer for their Uni-Solar subsidiary as part of the Chapter 11 restructuring process. Related: Uni-Solar 'committed' to Greenville, says company About 300 Uni-Solar workers are on furlough currently in Greenville.

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Bank: No bidders for KLN Steel - MySanAntonio

04/23/12

KLN Steel Products Co. LLC's lender has moved to have the San Antonio furniture maker's bankruptcy case converted to a Chapter 7 liquidation. Banco Popular North America, in a court filing last week, said the case should be converted to a liquidation from ...

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AMR union to vote next week on proposal: sources - msnbc.com

04/23/12

AMR filed for Chapter 11 bankruptcy protection in November, citing labor costs that were higher than its peers. The carrier has about 74,000 full- and part-time workers. The company has said it must cut 13,000 jobs as part of a plan to trim its labor costs ...

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AMR union to vote next week on proposal: sources - msnbc.com

04/23/12

AMR filed for Chapter 11 bankruptcy protection in November, citing labor costs that were higher than its peers. The carrier has about 74,000 full- and part-time workers. The company has said it must cut 13,000 jobs as part of a plan to trim its labor costs ...

[more]

Energy Conversion Devices extends auction deadline - msnbc.com

04/23/12

The Auburn Hills-based company announced Feb. 14 that it was seeking Chapter 11 bankruptcy protection. At the time, Energy Conversion Devices said it was putting its solar panel unit up for sale as well. United Solar Ovonic is separately filing for ...

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Bankrupt Pa. ethanol plant sold - Philadelphia Daily News

04/23/12

according to a filing with the U.S. Bankruptcy Court in Delaware. Pennsylvania Grain Processing L.L.C., an affiliate of Zeeland Farm Services Inc., announced Monday that the court had approved the purchase. The Clearfield plant can process up to ...

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Energy Conversion Devices extends auction deadline - MLive.com

04/23/12

The Auburn Hills-based company announced Feb. 14 that it was seeking Chapter 11 bankruptcy protection. At the time, Energy Conversion Devices said it was putting its solar panel unit up for sale as well. United Solar Ovonic is separately filing for ...

[more]

New Orleans Saints among America's most damaged brands - msnbc.com

04/23/12

GM particularly needed the Volt to show that the Chapter 11 process had not robbed it of its ability to innovate. Despite the high public relations value of the Volt, GM set only modest goals for first year sales. It said it would sell 10,000 ...

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American to make its case against union contracts - CBS News

04/23/12

And the losses keep piling up - another $1.7 billion in the first three months of 2012, although most of it was for bankruptcy-reorganization costs. "We're going through a major restructuring of labor relations in the airline industry," says ...

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Energy Conversion Devices Announces Extension of Auction Date - msnbc.com

04/23/12

This sale process is being conducted by ECD and USO under bankruptcy proceedings commenced under Chapter 11 in the U.S. Bankruptcy Court for the Eastern District of Michigan. The auction was previously scheduled for 10:00 a.m. (Eastern Time ...

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