Resources
BNET Business Dictionary
- Asset
- any tangible or intangible item to which a value can be assigned. Assets can be physical, such as machinery and consumer durables, or financial, such as cash and accounts receivable.Assets...
- Asset definition on BNET »
BNET Resources
- sort by:
- Relevance
- Date
- Popularity
- Lifestream Technologies, Inc. Files for Chapter 11 Protection, Takes Action to Sell Its Assets
- POST FALLS, Idaho -- Lifestream Technologies, Inc. (OTCBB:LFTC) announced that yesterday it has filed a petition for protection under Chapter 11 of the United States Bankruptcy Code in the Untied States Bankruptcy Court for the District of Nevada. Case No. 06-13589. As a "debtor in possession," the Company remains in...
- Research articles 2006-11-30
- Bankruptcies.(BBC Building Co.)(Boxley Painting Inc.)(Melton Consulting Inc.)(Brief Article)
- The following businesses filed for Chapter 7 or 11 protection in U.S. Bankruptcy Court in Detroit the week of Aug. 27-Sept. 2. Under Chapter 11, a company files a reorganization plan that the court must approve. Chapter 7 involves total liquidation. The following businesses filed...
- Research articles 2004-09-06
- CHANGING TIMES, EASIER CREDIT SLOW RETAIL BANKRUPTCY FILINGS: CHAINS MORE LIKELY TO LIQUIDATE ASSETS WHILE KEEPING THE SHIP AFLOAT
- NEW YORK -- Greater availability of credit and the growing willingness of retailers to liquidate underperforming assets have combined to help curtail retail bankruptcy filings this year. That's the assessment of liquidators and credit analysts, wh NEW YORK -- Greater availability of credit...
- Research articles 1998-08-03
- Company sells assets in reorganization.(news & notes)(Dana Corp.)(Orhan Holding A.S.)(Coupled Products Acquisition LLC)(Brief article)
- In the process of reorganizing under Chapter 11, Dana Corp. will sell its fluid products business that the company announced were for sale in late 2005. In the process of reorganizing under Chapter 11, Dana Corp. will sell its fluid products business that the...
- Research articles 2007-07-01
Additional Resources
- Metatec Files for Reorganization Under Chapter 11 and Seeks Approval of Asset Purchase Agreement With a Subsidiary of ComVest Investment Partners
- DVD News 10-21-2003 Metatec Files for Reorganization Under Chapter 11 and Seeks Approval of Asset Purchase Agreement With a Subsidiary of ComVest Investment Partners DVD NEWS-21 October 2003-Metatec Files for Reorganization Under Chapter 11 and Seeks Approval of Asset Purchase Agreement...
- Research articles 2003-10-21
- Syntax-Brillian Announces Asset Purchase Agreement, Files Voluntary Petition for Chapter 11 Reorganization to Facilitate Sale
- Transaction Designed to Strengthen the Supply Chain for the Olevia Brand Vivitar Excluded From Syntax-Brillian's Chapter 11 Filing; Continues to Conduct Business as Usual Syntax-Brillian to delist from NASDAQ Announces Additional Management and Board Changes TEMPE, Ariz. -- Syntax-Brillian Corporation (Nasdaq: BRLC), a leading manufacturer and...
- Research articles 2008-07-08
- Smarte Carte files for Chapter 11 bankruptcy protection
- AIRLINE INDUSTRY INFORMATION-C1997-2005 M2 COMMUNICATIONS LTD Smarte Carte Inc, an airport baggage cart seller, has filed for a prepackaged Chapter 11 bankruptcy protection from creditors. The company reportedly filed for bankruptcy in a Delaware court on 10 February. According to Reuters, Smarte Carte listed more than USD100m in...
- Research articles 2005-02-11
- Hilco Retained as Real Estate Advisor In Interstate Bakeries Corp. Chapter 11 Restructuring
- CHICAGO -- The U.S. Bankruptcy Court in the Western District of Missouri in Kansas City has approved the retention of Hilco Real Estate, LLC as real estate advisor in connection with the Chapter 11 restructuring of Interstate Bakeries Corporation (OTC:IBCIQ). Hilco will provide asset disposition and consulting services to IBC.
- Research articles 2005-02-01
- Thermatrix Files for Protection Under Chapter 11; Action Necessary To Deter Asset Stripping Pending Debt Settlement
- Business Editors & Environmental Writers KNOXVILLE, Tenn.--BUSINESS WIRE--Dec. 29, 1999 Thermatrix Inc. (OTC:TMXI.OB) announced today its election to undertake a reorganization under Chapter 11 of the US Bankruptcy Code to protect its business, customers, suppliers, employees, and shareholders' investments. The Company believes that the appointment of administrative...
- Research articles 1999-12-29
- Understanding Bankruptcy
- At one time, bankruptcy was regarded as shameful—something that left the doors of bankrupt businesses shuttered and forlorn, while individuals huddled penniless on the streets or in jail, unable to face their friends. Today bankruptcy doesn't carry quite that stigma. With business being covered far more broadly and intently by...
- Articles 2007-12-18
- Recent Developments in Bankruptcy and Restructuring- Vol 1, 3
- This article a combination of several small artcles includes articles which contains information about California bankruptcy. One article states that according to a Delaware district court, asset transfers need not necessarily take place in conjunction with confirmation of a chapter 11 plan of reorganization to be exempt from stamp...
- White papers 2002-06-01
- Asset-selling Com21 heads into bankruptcy. (Broadband Week[TM]).
- Com21 Inc. has thrown in the financial towel, announcing it has voluntarily filed for Chapter 11 bankruptcy and intends to sell off its lines of cable-modem termination systems to Arris Group Inc. The Milpitas, Calif.-based company filed its r ...
- Research articles 2003-07-21
- One size fits some: single asset real estate bankruptcy cases.
- For several years a debate has raged over whether single asset real estate cases should be singled out for special treatment under the Bankruptcy Code. Under the current $4 million debt cap, these cases involve apartment houses and small office buildings. But both Houses of Congress...
- Research articles 2002-09-01
- Flying J cuts staff, will seek asset buyer
- Ogden-based Flying J Inc., which filed for Chapter 11 reorganization in late December, said last week it plans to seek a buyer for the assets of Longhorn Pipeline Holdings LLC and its subsidiaries. Also last week, the company confirmed it is laying off roughly 200 of its approximately 15,000 workers,...
- Research articles 2009-02-09
- CCC GlobalCom Corporation Announces the Signing and Execution of an Asset Purchase Agreement With Equalnet Communications Corp
- Business Editors & High-Tech Writers HOUSTON--BUSINESS WIRE--Feb. 23, 2001 CCC GlobalCom Corporation (OTCBB:CCGC) announced today that it has executed an Asset Purchase Agreement, to acquire selected assets of Equalnet Communications Corp. (OTCBB:ENET). Equalnet is in a Chapter 11 Bankruptcy proceeding and the completion of CCC GlobalCom's purchase of...
- Research articles 2001-02-23
- GE Commercial Finance, Morgan Stanley, and Marathon Asset Management Provide Allied Holdings' With $230 Million of DIP Financing; GE Serves As Sole Administrative Agent For Revolver And Co-Lead Arranger For The Full Facility
- NORWALK, Conn. -- GE Commercial Finance Corporate Lending, along with Morgan Stanley Senior Funding Inc. and Marathon Asset Management, announced today that it has provided a $230 million debtor-in-possession financing facility for Allied Holdings, Inc. in conjunction with its voluntary filing for reorganization under Chapter 11 of the U.S. Bankruptcy....
- Research articles 2005-08-03
- SSA Enters Into Asset Purchase Agreement With Gores and Files for Chapter 11 Protection
- Business Editors CHICAGO--BUSINESS WIRE--May 3, 2000 System Software Associates, Inc. (OTCBB: SSAX) and Gores Technology Group, a leading international technology and management company, announced today that they have entered into a definitive Asset Purchase Agreement providing for the previously announced sale by SSA of substantially all of its...
- Research articles 2000-05-03
- Tropical Sportswear Agrees to Be Acquired by Perry Ellis in 363 Asset Sale; Files for Voluntary Bankruptcy Protection
- TAMPA, Fla. -- Company Secures Financing From CIT and Fleet to Allow Business Operations to Continue as Normal Tropical Sportswear Int'l Corporation (Nasdaq:TSIC) ("TSI"), a designer, producer and marketer of high-quality branded and retailer private branded apparel, announced that it has filed for voluntary Chapter 11 bankruptcy protection and...
- Research articles 2004-12-16
- iBEAM Broadcasting Announces Signing of Asset Sale Agreement With Williams Communications and Chapter 11 Petition for Financial Restructuring
- Business Editors
- Research articles 2001-10-11
- Pioneering deCODE Genetics files for Ch. 11
- Icelandic genomics pioneer deCODE Genetics has filed for Chapter 11 bankruptcy protection, listing assets close to $70 million and debt of more than $313 million. But it filed papers in court outlining a deal to sell its Icelandic subsidiary to Saga, which is backed by Polaris Venture Partners and...
- News items 2009-11-17
- << Previous
- page 1 of 1
- Next >>
Presented by American Express