Eastman Kodak Co. has filed a plan to exit Chapter 11 bankruptcy protection that would hand ownership of the company to its bondholders and unsecured creditors.
The union whose nationwide strike sparked Hostess Brands Inc.’s decision to liquidate in bankruptcy said its workers are “inextricably linked” to the future of snacks such as Twinkies and Ho Hos and hi
Liquidators of the Swiss derivatives unit of Lehman Brothers Holdings Inc. said a recent settlement may double recoveries for the subsidiary’s creditors.
This week on The Broke and the Beautiful, former Westlife singer Shane Filan is recording a solo album, and a new documentary looks at the Madoff scandal through a unique perspective. Also, Tareq Salahi’s family winery is on the market.
A bankruptcy-court judge on Wednesday cleared regional carrier Pinnacle Airlines Corp. to leave Chapter 11 as a unit of Delta Air Lines Inc. , a decision that streamlines Pinnacle’s operations and costs in an increasingly consolidating airline industry.
A judge on Tuesday approved three measures that will together allow billions of dollars to be returned to customers of Lehman Brothers Holdings Inc.’s collapsed brokerage, and soon.
Energy Future Holdings Corp., the former TXU, talked about a potential bankruptcy Monday that would help erase $32 billion in debt, The Wall Street Journal reports.
