Reorganizations

UNI-SOLAR(R) to Feature New, Higher Power Output Solar Products at Solarexpo 2012 in Italy - msnbc.com

04/26/12

United Solar and its parent company Energy Conversion Devices, Inc, on February 14, 2012 filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court the Eastern District of Michigan. More information about the Chapter ...

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Owner of Hardin power plant files for bankruptcy - AP - msnbc.com

04/26/12

Bicent Holdings LLC and its affiliates are listed as the debtors in the petition for Chapter 11 reorganization filed in U.S. Bankruptcy Court on Monday. The petition estimated assets at $100 million to $500 million and liabilities at $500 million to $1 billion.

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Raleigh security contractor files for liquidation - The Business Journal

04/26/12

has converted its Chapter 11 bankruptcy reorganization into a Chapter 7 liquidation. Law Enforcement Associates Corp. filed for Chapter 11 bankruptcy reorganization last summer after being hit with a $1.1 million jury verdict for an aggrieved shareholder.

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The Daily Docket: AMR Adviser Says Stakeholders May Want Merger - Wall Street Journal

04/26/12

US Airways Group thinks a merger with AMR would save at least $1.2 billion a year with even fewer labor cuts than AMR is looking at for its Chapter 11 plan, The Wall Street Journal reports. Also according to WSJ, the Senate approved a bill that ...

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American merger would give $1.2B boost, US Airways says - The Business Journal

04/26/12

Parker said his company would prefer to be working directly with American management, which has made it clear that American wished to emerge from Chapter 11 bankruptcy as an independent company. In the meantime, US Airways has been courting American's ...

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For the first time, a public pension plan files for bankruptcy - WPRI

04/26/12

Darla Mercado reports for InvestmentNews: In what’s believed to be a first by a public pension plan, the Northern Mariana Islands Retirement Fund filed for Chapter 11 bankruptcy protection on Tuesday. The public defined-benefit plan is in a big hole.

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WR Grace 1Q net income climbs on higher prices - Yahoo Finance

04/26/12

Excluding restructuring charges as well as Chapter 11 bankruptcy and asbestos-related costs, earnings climbed to 88 cents per share from 78 cents per share. This beat the 81 cents per share that analysts polled by Fact Set forecast. The company ...

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Delta, US Air post losses, but say demand solid - Reuters UK

04/25/12

The results at Delta and US Airways follow operating losses reported last week by Southwest Airlines Co (LUV.N) and American Airlines parent AMR Corp AAMRQ.PK, which had heavy expenses tied to its reorganization as it operates under Chapter 11 ...

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Senate approves bill to help United States Postal Service - Los Angeles Times

04/25/12

"If the postal service were a private company, we would be engaged in Chapter 11 bankruptcy proceedings," Postmaster General Patrick Donahoe wrote in testimony to a House committee in March. Although senators disagreed on how much protection to ...

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Shutterfly stock flies on Eastman Kodak deal - AP - msnbc.com

04/25/12

Shutterfly Inc. had offered to buy Kodak Gallery in early March, following Eastman Kodak Co.'s Chapter 11 filing. Other bidders had until April 20 to come forward. A final bankruptcy court hearing on the deal will be held on April 30. Kodak has been ...

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