Reorganizations

Tide of bankruptcy filings could rise again, Texas attorneys say - The Business Journal

07/02/12

Texas has not seen the deluge of Chapter 11 fillings that other areas of the country have witnessed over the past few years, say bankruptcy attorneys practicing in the Lone Star State. “We’ve seen some fallout,” says Martin A. Sosland, a partner in ...

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Judge Sends Dynegy Holdings Bankruptcy Plan for Creditor Vote - FOXBusiness

07/02/12

A judge on Monday said Dynegy Holdings LLC can send its latest restructuring plan to creditors for a vote, a major step toward exiting an eventful and often contentious Chapter 11 proceeding for the power provider. Judge Cecelia G. Morris of U.S ...

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Hawker Beechcraft files restructuring plan - Reuters

07/02/12

Hawker Beechcraft, which was bought by Goldman Sachs Group Inc's (GS.N) private equity arm and Onex Corp (OCX.TO) in a leveraged buyout in 2007 for $3.3 billion, filed for Chapter 11 bankruptcy protection in early May. Both owners stand to lose ...

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Syms Adds Rights Offering to Exit Plan, Wins Support - FOXBusiness

07/02/12

Syms Corp. (SYMSQ) said it struck a deal that will bring peace to its Chapter 11 case and propel the defunct discount retailer toward a bankruptcy exit, with a $25 million equity rights offering fronting the bill. After months of protests--most ...

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Vernon Healy Questions Behringer Harvard's Movement of Investors' Money Between Financially Faltering Non-Traded REITs - msnbc.com

07/02/12

Behringer Harvard Opportunity REIT I announced earlier in June that it had opted to place some of its subsidiaries under Chapter 11 bankruptcy protection in the wake of its inability to restructure the debt it has accumulated in the past few years.

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Airline union efforts threatening jobs, consumers - Big Hollywood

07/02/12

Yet that is exactly what is happening to American Airlines.  The company, currently in Chapter 11 bankruptcy, is on the verge of imploding from within because of an attempted power grab by unions representing pilots, flight attendants and ground workers.

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Antioch finances take hit from marina restaurant's leaky finances - San Jose Mercury News

06/29/12

Eva and Gilbert Romero recently filed Chapter 11 bankruptcy on their properties, which include the Humphrey's on the Delta restaurant. The two-decades old restaurant, which is still open, is built on Antioch-owned marina land and pilings.

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American Airlines Parent Asks Court to Approve Jet Buys - NASDAQ

06/29/12

American Airlines parent AMR Corp. (AAMRQ) has asked its bankruptcy judge for assurance its Chapter 11 case won't get in the way of its plans to purchase as many as 14 airplanes made by Boeing Co. (BA) next year to refresh its aging fleet.

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Nebraska Book emerges from Chapter 11, still planning growth - Lincoln Journal Star

06/29/12

Nebraska Book Co. Inc., one of Lincoln's oldest companies, emerged from Chapter 11 bankruptcy Friday, smaller, less debt-ridden and under new ownership, but with a commitment to renew aggressive growth in the tough and changing world of college retailing.

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Houghton Mifflin Chapter 11 Sent to Boston: Bankruptcy - Bloomberg

06/29/12

What remains of the Houghton Mifflin Harcourt Publishing Co. reorganization was sent yesterday to the U.S. Bankruptcy Court in Boston. The bankruptcy judge in New York, where the prepackaged Chapter 11 petition was filed on May 21, ruled on June ...

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