Reorganizations

US Airways: "No urgency to merge" - msnbc.com

07/04/12

US Airways has not made a formal bid, but would like to do so as part of American's exit from Chapter 11 protection from creditors. Parker said it seems "highly unlikely" that American will step out of bankruptcy before year's end, and speculation about a ...

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US Airways: "No urgency to merge" - Reuters

07/04/12

US Airways has not made a formal bid, but would like to do so as part of American's exit from Chapter 11 protection from creditors. Parker said it seems "highly unlikely" that American will step out of bankruptcy before year's end, and ...

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'Chapter 11 filing was in discussion since September 2011' - Saipan Tribune

07/04/12

The Boston-based counsel for the NMI Retirement Fund has disclosed that the filing of Chapter 11 bankruptcy petition was already being talked about with the Fund's outside counsel, Braddock Huesman, since September 2011. The Fund filed the ...

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AMR given more time to file bankruptcy plan - Tulsa World

07/04/12

A bankruptcy judge on Tuesday granted additional time for AMR Corp., the parent of American Airlines, to file a Chapter 11 reorganization plan and obtain acceptance of the plan by creditors. U.S. Bankruptcy Judge Sean Lane ordered extensions ...

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Lon Morris College Files Chapter 11 Bankruptcy Papers - Tyler Morning Telegraph

07/04/12

petition Monday in a Tyler federal court -- a day before a scheduled foreclosure proceeding, according to a statement. "The College is continuing to work on its financial restructuring efforts, however, the timing of the filing was necessitated ...

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Regulators release 'living will' breakup plans from big banks - Los Angeles Times

07/03/12

said it would replace its senior management and board of directors, and under one option would try to have its parent company, Citigroup, recapitalize the bank. Citigroup would then file for reorganization under Chapter 11 of the bankruptcy code.

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Lon Morris College files for Chapter 11 Bankruptcy - KTRE

07/03/12

Released by the Eastern District of Texas Court: JACKSONVILLE, TX (KLTV) - Lon Morris College filed a voluntary chapter 11 bankruptcy petition today in the Eastern District of Texas in Tyler. [Click here to view Lon Morris' Chapter 11 Filing (PDF)] The ...

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Lon Morris College files for Chapter 11 Bankruptcy - KSLA

07/03/12

Released by the Eastern District of Texas Court: JACKSONVILLE, TX (KLTV) - Lon Morris College filed a voluntary chapter 11 bankruptcy petition today in the Eastern District of Texas in Tyler. [Click here to view Lon Morris' Chapter 11 Filing (PDF)] The ...

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Verso Paper shares soar on proposed NewPage deal - AP - msnbc.com

07/03/12

Verso Paper Corp.'s shares soared Tuesday after the paper company said it's talking with stakeholders of NewPage Corp. about bidding for the rival company, which filed for Chapter 11 bankruptcy protection in September. THE SPARK: Verso said late Monday ...

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Hawker Beechcraft in talks with potential buyers - AP - msnbc.com

07/03/12

The recession hit not long after Goldman Sachs and Onex Partners bought the company in 2007 from Raytheon Inc. "Since the restructuring process began, we have been guided by a single goal: to emerge from Chapter 11 in the strongest possible operational and ...

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