Reorganizations

Vorys adds four attorneys - Cincinnati.com

03/28/12

He has spent nearly 30 years in private practice concentrating in the areas of bankruptcy, Chapter 11 reorganizations, creditors’ rights, and out-of-court workouts and debt restructurings. His recent engagements include representing lenders ...

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Dodgers media rights expected to pay down debt - CBS News

03/28/12

Last June, Frank McCourt went from divorce court to bankruptcy court when the Dodgers filed for Chapter 11 protection. And last fall, Frank McCourt gave up. He settled with Jamie and agreed to sell the team. For more from Rebecca Jarvis on the ...

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Research firm Cetero says filing for Chapter 11 merely strategic move - INFORUM

03/28/12

FARGO – Cetero Research should emerge from bankruptcy reorganization stronger, and its center here will remain open and expects to add staff, a company spokeswoman says. “The Fargo operations will remain intact,” April Johnson, Cetero’s ...

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Getty Realty Corp. Provides Update - Yahoo Finance

03/27/12

Getty Realty Corp. (NYSE-GTY) (“Getty” or the “Company”) today announced it entered into a Stipulation relating to the Chapter 11 bankruptcy proceeding initiated by Getty Petroleum Marketing (“Marketing”). The Stipulation is between ...

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AMR wants to emerge from bankruptcy quickly - AZCentral.com

03/27/12

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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Kodak announces 12-month pay freeze - Democrat and Chronicle

03/27/12

Eastman Kodak Co. has instituted a pay freeze for its U.S. employees for the next 12 months. The printing and imaging company filed for Chapter 11 bankruptcy protection on Jan. 19. “We are working hard to accelerate our transformation into a ...

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Cetero Research files for bankruptcy protection - The News & Observer

03/27/12

The company, which has 20 employees at its Cary headquarters and a total of 1,192 workers in the United States and Canada, filed a pre-packaged Chapter 11 bankruptcy on Monday. The bankruptcy filing, which was mapped out in advance with ...

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APA's Bates: American Airlines should consider what kind of airline it wants after the dust settles - Dallas Morning News (blog)

03/27/12

Your APA leadership has been expecting the filing of an 1113(c) motion since last November when management announced that AMR would be entering Chapter 11 bankruptcy restructuring. Our legal team's strategy has been crafted in anticipation of an 1113(c ...

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Evergreen Solar's Devens plant sold; Mass. Development to get chunk of proceeds - Worcester Telegram & Gazette

03/27/12

Evergreen negotiated a settlement in February with secured noteholders and the unsecured creditors' committee designed to enable confirmation of a liquidating Chapter 11 plan. Approved by the judge, the settlement gives noteholders a deficiency ...

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Trustee Brings FBI, Accounting Experience to Solyndra Probe - Wall Street Journal

03/27/12

Two days after failed solar-power company Solyndra filed for Chapter 11 bankruptcy protection, its California headquarters became the site for a surprise raid by the Federal Bureau of Investigation. So when Solyndra’s directors wanted to know ...

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