Reorganizations

LightSquared Inc. filed for Chapter 11 bankruptcy protection Monday, hours ahead of the expiration of a deal to keep hedge fund manager Philip Falcone's venture from defaulting on its debt. LightSquared reported assets and debts each exceeding $ ...

LightSquared, the satellite venture of Philip Falcone, was expected to file for bankruptcy protection on Monday, after the billionaire investor was unable to reach agreement with creditors. Talks between the parties broke down last week, and the company ...

As expected, May 14th is indeed a dark day for LightSquared. The company has just filed court paperwork in order to initiate Chapter 11 bankruptcy proceedings, effectively killing its dream of providing a high-speed mobile wireless network to ...

Curious what happens to a client whose law firm is on the brink of collapse? Just ask paper maker NewPage Corp., which saw a hearing on a key issue in its Chapter 11 case pushed back because of the “extraordinary difficulties” its lawyers at ...

Hawker Beechcraft Corp. Hawker Beechcraft Corp. Latest from The Business Journals Hawker Beechcraft creditors committee named Hawker Beechcraft hands out 150 new layoff notices Panera management on the move Follow this company Executive Vice ...