Reorganizations

Ener1, Inc. Completes Financial Restructuring and Emerges From Chapter 11 - PR Newswire

03/30/12

NEW YORK, March 30, 2012 /PRNewswire/ -- Ener1, Inc. (the "Company") today announced it has completed its financial restructuring and successfully emerged from Chapter 11 bankruptcy as a privately-held company.  The U.S. Bankruptcy Court in the Southern ...

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American Air parent reports $619 mln February loss - Reuters

03/30/12

The company filed for Chapter 11 on Nov. 29, citing a need to cut its labor costs to better compete with profitable rivals. AMR said its operating revenue amounted to $1.8 billion for the month and it spent $682 million on fuel. The company said ...

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Kodak Theatre Needs a New Name - Daily Finance

03/30/12

When Eastman Kodak (OTC: EKDKQ.PK) filed for Chapter 11 bankruptcy protection in January, the photo veteran needed to find cash and cut costs -- fast. One of its first actions was to cancel the sponsoring relationship with the Kodak Theatre ...

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Emanuel pushing $7.3 billion plan to rebuild Chicago’s infrastructure - Chicago Sun-Times

03/30/12

We are under court-supervised Chapter 11. We are very willing to listen to the city and engage in conversation but our immediate focus is on coming out of restructuring a strong and vigorous competitor in the Chicago market.” Emanuel is giving his ...

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AMR wants to emerge from bankruptcy quickly - Yahoo Finance

03/30/12

On the same call, the company's board finalized the decision to file for Chapter 11 the next morning. Horton says he got little sleep, knowing that he would have to explain the move to thousands of investors, employees, business partners ...

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Direct Air Launches Investigation in the Wake of Financial Collapse - The Ledger

03/29/12

Direct Air, which operated in Lakeland and 16 other cities, abruptly canceled all flights earlier this month and filed for Chapter 11 bankruptcy protection on March 15. Officials blamed "rising fuel costs and other operating expenses (that ...

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Ener1 Exits Chapter 11 As Private Company; Common Stock Canceled - NASDAQ

03/29/12

Ener1 Inc. (HEVVQ), a manufacturer of rechargeable car batteries, said it emerged from Chapter 11 bankruptcy as a privately held company. As part of the court-approved restructuring, which became effective Friday, Ener1's common stock was ...

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Arcapita Bank Wins Permission to Manage Cash, Pay Wages - Bloomberg

03/29/12

Arcapita, formerly known as First Islamic Investment Bank, filed for Chapter 11 March 19 along with five affiliates. It was forced to seek bankruptcy after hedge funds, including Euroville, derailed restructuring talks on its $1.1 billion loan ...

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SEARCH: Bankruptcies in Southern District of Ga. - Savannah Morning News

03/29/12

All chapter 7 and chapter 11 bankruptcies in the Southern District of Georgia have been updated through March 29. The Southern District includes Chatham, Effingham, Bryan and Liberty counties. Begin searching the bankruptcies database now to ...

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Bahrain-based Arcapita Bank Files Ch. 11, Protecting $2 Billion in U.S. Properties - CoStar Group

03/29/12

Arcapita Bank BSC, an international investment firm based in Bahrain, put itself and some of its affiliates into Chapter 11 bankruptcy reorganization in the United States. Included in the Chapter 11 filings is Arcapita Investment Holdings Ltd., which ...

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