Reorganizations

Hawker Beechcraft files Chapter 11 - United Press International

05/04/12

WICHITA, Kan., May 4 (UPI) -- Aircraft manufacturer Hawker Beechcraft, with some of its subsidiaries, has filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. The filings, in the U.S. Bankruptcy Court for the Southern District ...

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Hawker Beechcraft files Chapter 11 bankruptcy - msnbc.com

05/04/12

WICHITA, Kansas — Aircraft maker Hawker Beechcraft has filed for Chapter 11 bankruptcy protection in New York as it works to restructure its massive debt amid sluggish demand for the military planes and business jets it makes. Hawker ...

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Detroit Big Three Profits Surge While Shares Decline - Businessweek

05/04/12

Such pleasant surprises would have been unimaginable in 2009 as GM and Chrysler filed Chapter 11 and Ford was coming off $30 billion in losses in the three previous years. Now with gasoline prices approaching $4 a gallon, U.S. car buyers are ...

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Hawker Files Chapter 11 - WIBW

05/03/12

WICHITA, Kan. (AP) — Hawker Beechcraft filed for bankruptcy protection Thursday in the latest blow to Wichita's beleaguered aircraft industry, with the company saying it had reached an agreement with many creditors on a plan to restructure its debt.

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Jet maker Hawker Beechcraft seeks Chapter 11 - Minneapolis Star Tribune

05/03/12

Hawker Beechcraft Inc., the private-jet maker owned by Goldman Sachs and Onex Corp., sought bankruptcy protection after debt mounted and sales slumped. Hawker, bought for $3.3 billion in 2007, listed more than $1 billion in assets and debt in ...

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Business jet maker Hawker Beechcraft files Chapter 11 - Fort Worth Star-Telegram

05/03/12

Hawker Beechcraft Corp., the corporate successor to the historic Beech Aircraft Co., in Wichita, Kan., has filed a Chapter 11 banruptcy petition seeking to reorganize. The pre-arranged bankrutpcy reorganization will allow the company to rid ...

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Sonya Dakar’s Famed Hollywood Spa Enters Chapter 11 - Wall Street Journal

05/03/12

The parent company of Sonya Dakar Skin Clinic, swanky West Hollywood spa to the stars, filed for Chapter 11 protection Tuesday. Founded by esthetician Sonya Dakar in 1971, Sonya Dakar Skin Clinic’s first celebrity client was Drew Barrymore.

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Hawker Beechcraft files Chapter 11 bankruptcy - KSN.com

05/03/12

WICHITA, Kansas --Aircraft maker Hawker Beechcraft has filed for Chapter 11 bankruptcy protection in New York as it works to restructure its massive debt amid sluggish demand for the military planes and business jets it makes. Hawker Beechcraft says it ...

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LA collects $2.65M in taxes owed by hotel - San Francisco Gate

05/03/12

The city's collection efforts prompted the owners to seek Chapter 11 bankruptcy protection in April 2011. The hotel was sold to new owners in August 2011. The tax payment comes as part of a settlement reached to settle claims against the bankrupt hotel.

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Hawker Beechcraft seeks protection - Financial Times

05/03/12

Hawker said it had reached the voluntary agreement with the majority of its creditors to eliminate $2.5bn debt and $125m of annual interest payments and raised $400m to fund its operations during the Chapter 11 restructuring process. If the plans are ...

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