Reorganizations

Ally Financial Announces Key Strategic Actions to Strengthen Company and Accelerate Ability to Repay U.S. Treasury - Yahoo Finance

05/14/12

ResCap mortgage subsidiaries file Chapter 11 Company launches process to explore strategic alternatives for its international businesses No impact on Ally's leading U.S. auto finance and direct banking businesses   Strengthens Ally's financial ...

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Gaia Real Estate and Starwood Capital Acquire 9,500 Unit Multifamily Portfolio via Chapter 11 Bankruptcy Auction - Yahoo Finance

05/14/12

NEW YORK and GREENWICH, Conn., May 14, 2012 /PRNewswire/ -- Gaia Real Estate and a controlled affiliate of Starwood Capital Group, a leading global private investment firm, announced today that they have agreed to invest $22.5 million of new ...

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Kings and Coyotes have overcome a checkered past - Baltimore Sun

05/14/12

In 2009, the Phoenix Coyotes finished 13th in the West but made headlines off the ice. Owner Jerry Moyes filed for Chapter 11 bankruptcy in May, plunging the team into a haze of uncertainty. Players weren't sure where their next paychecks might ...

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Hawker: Plan to emerge from Chapter 11 by year end - Marketwatch

05/13/12

GENEVA -(MarketWatch)- U.S. business aircraft builder Hawker Beechcraft expects to emerge from its Chapter 11 protection from creditors by year-end and will be a much stronger company than it is now, a senior company official said Sunday.

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Hawker Beechcraft expects to emerge from Chapter 11 by year-end - My Fox Boston

05/13/12

GENEVA -- US business aircraft builder Hawker Beechcraft expects to emerge from its Chapter 11 protection from creditors by year-end and will be a much stronger company than it is now, a senior company official said Sunday. Speaking to journalists at the ...

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Hawker Beechcraft Expects To Emerge From Chapter 11 By Year-End - Executive - NASDAQ

05/13/12

GENEVA -(Dow Jones)- U.S. business aircraft builder Hawker Beechcraft expects to emerge from its Chapter 11 protection from creditors by year-end and will be a much stronger company than it is now, a senior company official said Sunday.

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Hawker Beechcraft To Exit Chapter 11 This Year - Aviation Week

05/13/12

Hawker Beechcraft expects to exit Chapter 11 bankruptcy protection before year-end. The May 3 filing will lead to the eliminaton of $2.5 billion in debt and will result in the company shedding $125 million in annual debt servicing requirements.

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American Airlines workers march on headquarters - Yahoo Finance

05/13/12

AMR in November sought Chapter 11 reorganization. Union leaders on Monday are expected in bankruptcy court in New York to oppose AMR's plan to throw out their labor contracts. The company seeks to impose its own terms for pay, benefits and work rules.

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Hostess bakeries could lay off 54 in Broward, Palm Beach counties in July - Sun Sentinel

05/12/12

It also has a 30-employee distribution center in Doral in Miami-Dade County, a spokesman said. Hostess filed for Chapter 11 bankruptcy in January, seeking to reorganize its ailing finances. It was the second Chapter 11 filing for the company ...

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American Airlines to explore merger options - Yahoo Finance

05/12/12

AMR, which has been in Chapter 11 since November, had long said it intended to reorganize as a stand-alone carrier, shrugging off interest expressed by rival US Airways Group Inc. The carrier, however, has faced mounting pressure from vocal ...

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