Bankruptcy Discussion

Bankruptcy court approves Delta DIP loan to PinnacleATWOnlineBy Aaron Karp | May 21, 2012 A US bankruptcy court approved Delta Air Lines' (DL) $74.3 million in debtor-in-possession (DIP) financing for Pinnacle Airlines Corp., a significant provider of regional service for DL. The Memphis, Tenn.and more » […]

Business bankruptciesMinneapolis Star TribuneThis is a list of recent business-related bankruptcies filed in US Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the case number. A Chapter 7 petition is for liquidation of the business; Chapter 11 (or Chapter 12 for ... […]

Above the LawDewey to consider bankruptcy filing - sourceThomson Reuters News & InsightNEW YORK, May 18 (Reuters) - Ailing US law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter ...Dewey & […]

INSIGHT-China pays high price to spare state firm from bankruptcyReutersThe rescue notwithstanding, the synthetic fibre maker's ordeal resembled a bankruptcy in everything but name. The hallmarks were all there: a sea of unpaid debts, a contest between creditors over who gets paid, and a potential takeover by stronger ...and more » […]

Sun-SentinelCaldwell Theatre struggling to stave off bankruptcy liquidationSun-SentinelAnd the theater company's bankruptcy attorney says it is struggling to stave off liquidation. "We are making that decision in the next couple of days. It will be a decision of whether it has the ability to reorganize or whether it will be a Chapter 7 ... […]

Big HollywoodReport: LightSquared preparing for bankruptcy filingITworld.comThe Wall Street Journal is reporting May 13, 2012, 11:44 AM — Negotiations between LightSquared and its lenders remained "far apart" over the weekend, leaving the beleaguered would-be data carrier likely to file for bankruptcy protection Monday, ...FCC considering 'all […]