Reorganizations

Resort report: With the threat of foreclosure looming, owners of two Texas luxury resorts — Diamond Beach in Galveston and Sapphire South Padre — filed for Chapter 11 bankruptcy protection earlier this month. Filing for Chapter 11 bankruptcy sometimes ...

The Nevada Cancer Institute has received formal approval for its plan to emerge from Chapter 11 bankruptcy proceedings. When all the documents are finalized in about a month, the institute will continue to raise money for medical research in a greatly ...

AMR filed for Chapter 11 bankruptcy protection in November, citing labor costs that were higher than its peers. The carrier has about 74,000 full- and part-time workers. The company has said it must cut 13,000 jobs as part of a plan to trim its labor costs ...

GM particularly needed the Volt to show that the Chapter 11 process had not robbed it of its ability to innovate. Despite the high public relations value of the Volt, GM set only modest goals for first year sales. It said it would sell 10,000 ...

Both accepting bailout money from the government, Chrysler and General Motors (GM) went through Chapter 11 bankruptcy. Ford (F) however, did not go through bankruptcy courts and was able to reestablish its brand, forcing the company to become leaner.