The Daily Docket: Hawker Files New Exit Plan

10/31/12

Following the recent collapse of a deal to sell its business to Chinese aircraft manufacturer, Hawker Beechcraft Inc. has filed a new plan to exit bankruptcy in the hands of a group of hedge funds that includes Bain Capital’s Sankaty Advisors. Read the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit our homepage, scroll to the bottom and click “try for free.”)

A Los Angeles Times opinion piece talks about presidential hopeful Mitt Romney’s ad against President Barack Obama’s auto bailout.

American Airlines’ pilots union says it could be close to a labor deal if parent AMR Corp. makes some key concessions, Reuters reports.

The Wall Street Journal looks at the investigation into MF Global Holdings Ltd. in the year since its bankruptcy filing.

WSJ discusses the global futures sector since the collapse of MF Global and Peregrine Financial Group Inc.

According to the Birmingham News, Jefferson County, Ala., may be on its way toward exiting Chapter 9 bankruptcy as soon as next week.

Patriot Coal Corp. had a $215.9 million loss in its third quarter ending Sept. 30, the St. Louis Business Journal reports.

According to Dow Jones Newswires, Hungary wants compensation from banks for taking over municipal debt.

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa.


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