News

Pinnacle Airlines (PNCL) Files for Chapter 11 Bankruptcy Protection - StreetInsider.com

04/02/12

Pinnacle Airlines Corp. (Nasdaq: PNCL) reports that it and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York (the "Court").

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UPDATE 1-AFA Foods files for bankruptcy protection over "pink slime" - Reuters

04/02/12

April 2 (Reuters) - Ground beef products processor AFA Foods said it has filed for bankruptcy protection in a U.S. court ... "We believe an orderly sale through Chapter 11 will allow us to unlock this value and provide a smooth transition ...

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Reddy Ice working toward 'prepackaged' bankruptcy - The Business Journal

04/02/12

Dallas-based Reddy Ice Inc. is talking with its lenders in hopes it can reach and agreement with them and possibly file a "prepackaged" bankruptcy that could expedite ... federal antitrust investigation. The case was closed with no charges against Reddy ...

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Q-Cells Plunges On Bankruptcy Reports - RTT News

04/02/12

Sales plunged to 1.02 billion euros from prior year's 1.35 billion euros, but surpassed its target of more than 1 billion euros. The company also had projected another loss making year in 2012, following intense competitive pressure and consolidation.

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Pinnacle Files For Bankruptcy - msnbc.com

04/02/12

BUFFALO, N.Y. ( WKBW ) Pinnacle Airlines says it's filed for bankruptcy protection in order to deal with its mounting debt and costs. The Pinnacle filing is making headlines with news organizations across the country Monday. The company operates regional ...

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AFA Foods Initiates Voluntary Chapter 11 Process to Complete an Orderly Sale - StreetInsider.com

04/02/12

Commitment for $56 Million in DIP Financing Ensures Operations Continue as Usual With the Highest Quality and Safety Standards and Outstanding Service KING OF PRUSSIA, Pa.--(BUSINESS WIRE)-- AFA Foods (AFA) today announced that, given recent changes in the ...

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'Race to the bottom' sends Pinnacle Airlines to bankruptcy - USA Today

04/02/12

Pinnacle Airlines became the latest U.S. airline to file for bankruptcy protection late Sunday. FlightGlobal.com writes Pinnacle's Chapter 11 filing came "after warning for months that it could be forced to take that route as it failed to stem losses and ...

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Pinnacle Airlines Seeks Chapter 11 Bankruptcy Protection - Bloomberg

04/02/12

Pinnacle Airlines Corp. (PNCL), a U.S. carrier operating under the names of Continental Express, Delta Connection and United Express, sought bankruptcy protection after costs rose and revenue declined. The airline, based in Memphis, Tennessee ...

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Law student from Fort Myers, team thrive in big city - News-Press

04/02/12

The intricacies of bankruptcy law might not get most people’s juices flowing, but Fort Myers native Amanda Chazal is a little odd in that sense. Chazal likes the subject so much she hopes to make a career out of it, and she took a big step ...

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Regional carrier Pinnacle files for bankruptcy protection - USA Today

04/02/12

Pinnacle Airlines became the latest U.S. airline to file for bankruptcy protection late Sunday. FlightGlobal.com writes Pinnacle's Chapter 11 filing comes "after warning for months that it could be forced to take that route as it failed to stem losses and ...

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