News

The potential sale of Metaldyne could prove a strong win for Carlyle almost three years after the auto supplier filed for Chapter 11 bankruptcy protection as it struggled with high debt and a severe slump in vehicle production volumes in North America.

The digital portion of advertising revenue rose 9.9 percent to $15.7 million. Lee filed for bankruptcy protection on Dec.12 to compel a small minority of its lenders to agree to a refinancing plan that gives the company more time to repay about $1 billion in debt.

Lumber Products Lumber Products Latest from The Business Journals Follow this company, one of Oregon’s largest private companies, filed for protection from creditors after agreeing with its principal lender to place the company in the hands of ...

who would be claimants in the case, Osherow said. “The staff members have all moved on to other jobs,” Osherow said. “Every single person is sad that San Antonio Opera has to file for bankruptcy,” Osherow added. “These people are all volunteers.

In the Mammoth and Harrelson cases, the Bankruptcy Court held that a subcontractor violates the automatic stay by serving, after the bankruptcy petition date, a notice of claim of lien on funds due to the debtor. Key to the court’s analysis was whether ...