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- Chapter 11
- the U.S. Bankruptcy Reform Act (1978) that entitles enterprises experiencing financial difficulties to apply for protection from creditors and thus have an opportunity to avoid bankruptcy
- Chapter 11 definition on BNET »
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- Lawsuits push Federal-Mogul to Chapter 11.(Federal-Mogul Corp. enters Chapter 11 for protection from asbestos lawsuits)(Brief Article)(Statistical Data Included)
- Federal-Mogul Corp. has joined the growing list of companies entering Chapter 11 for protection from asbestos lawsuits. The Southfield, Mich.-based automotive supplier filed Oct. 1 for protection under Chapter 11 in U.S. Bankruptcy Court in Wilming Federal-Mogul Corp. has joined the growing list of...
- Research articles 2001-10-08
- Robert Coccoluto Appointed New Chief Executive Officer of the Boyds Collection, Ltd.; Jan Murley to Remain with Company Through Emergence from Chapter 11
- GETTYSBURG, Pa. -- The Boyds Collection, Ltd., a leading designer and manufacturer of unique, whimsical and "Folksy With AttitudeSM" gifts and collectibles, announced today the appointment of Robert Coccoluto as CEO, replacing Jan Murley. Ms. Murley, who is leaving to pursue other interests, will remain with the Company until June...
- Research articles 2006-05-25
- Court Approves Foamex Plan.(Foamex International Inc. to reorganize)(Brief article)
- By Larry Thomas Linwood, Pa. - A U.S. Bankruptcy Court in Delaware has approved a financing plan and disclosure statement for foam producer Foamex International, a move that could lead to the company's emergence from Chapter 11 protection e...
- Research articles 2006-12-04
- 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
- Applied Extrusion Technologies, Inc. Provides Update on Filing Fiscal 1st Quarter 2005 Financials
- NEW CASTLE, Del. -- Applied Extrusion Technologies, Inc. (OTC: AETC.PK) today advised that it will be late in its filing of Form 10-Q for the period ending December 31, 2004, due to the timing and associated critical demands of its recent prepackaged Chapter 11 filing, including the evaluation of the...
- Research articles 2005-02-16
- RECALL PUTS THORN APPLE INTO CH. 11.
- A January product recall proved costly to Thorn Apple Valley Inc. as the company Friday filed a voluntary Chapter 11 reorganization petition in U.S. Bankruptcy Court in Detroit. The Southfield-based meatpacker couldn't live up to bank agreements a A January product recall proved...
- Research articles 1999-03-08
- Majority of Creditor Groups Reach Accord in Owens Corning Bankruptcy.
- June 7, 2004 - Owens Corning announced today that an agreement in principle has been reached with the company's asbestos creditors and the official representatives of the company's pre-petition bondholders and trade creditors. Through this agreeme June 7, 2004 - Owens Corning announced...
- Research articles 2004-06-07
- OWENS CORNING PURSUES RESTRUCTURING, GROWTH.
- Owens Corning (NYSE: OWC) provided an update on its financial reorganization activities, six months after the Company and 17 of its domestic subsidiaries filed for protection under Chapter 11 of the US Bankruptcy Code, and reaffirmed its commitment Owens Corning (NYSE: OWC) provided an...
- Research articles 2001-05-07
- Court confirms thermadyne's reorganization plan. (Industry News).(Thermadyne Holdings Corp.)
- Thermadyne Holdings Corporation, St. Louis, MO, announced the U.S. Bankruptcy Court confirmed its reorganization plan, which enables it to emerge from Chapter 11 as a financially and operationally strong company. The plan, which was approved by the c Thermadyne Holdings Corporation, St. Louis, MO, announced the...
- Research articles 2003-04-01
- North American files Chapter 11.(North American Plastics Corp. seeks bankruptcy protection)(Brief Article)
- Automotive supplier North American Plastics Corp. has joined the list of companies entering Chapter 11, forced into bankruptcy by what its lawyer said is one skittish creditor. North American Plastics, based in Grand Rapids, Mich., was in the mids Automotive supplier North American...
- Research articles 2002-03-25
- Chapter 11 hits risk exec; Owens Corning manager describes increased challenges.(Brief Article)
- CHICAGO-Managing a company's risks is challenging in the best of times. When that company is in financial distress, the task becomes even more daunting for its risk manager, who assumes additional roles. Discussing his experiences with his company' CHICAGO-Managing a company's risks is challenging...
- Research articles 2001-08-06
- BUSINESS BRIEFS.(Culp Inc.)(Land's End)(Martin Color-Fi)(Brief Article)
- CULP EXPECTS FIRST QTR. LOSS Sending off a profit warning to analysts and investors, upholstery fabric supplier Culp Inc., based in High Point, NC, said it expects to post a loss for its first fiscal quarter ended July 30, as sales ...
- Research articles 2000-07-31
- Give bankruptcy priority to pensions.(Other Views)
- Byline: William J. Rochelle III Chapter 11 has become a mechanism for transferring wealth from retirees to vulture investors. Congress needs to step in and fix the system before more hard-working Americans end up facing poverty in their retirement Byline: William J. Rochelle...
- Research articles 2005-10-03
- GM keeps Soo solvent as firm pursues sale.(Soo Plastics Inc.)(Brief Article)(Cover Story)
- Byline: Angie DeRosa Soo Plastics Inc. has filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. The custom injection molder has received a $5 million debtor-in-possession financing package from General Motors Corp., a Byline: Angie DeRosa ...
- Research articles 2002-09-23
- OWENS CORNING REPORTS SECOND QUARTER 2002 RESULTS.
- August 12, 2002 - Owens Corning (NYSE: OWC) reported financial results for the quarter ended June 30, 2002. The company had net sales of $1.285 billion, compared to $1.239 billion in the same quarter in 2001. Owens Corning also reported $70 million August 12,...
- Research articles 2002-08-19
- Fed-Mogul: From 'hairy goal' to harried; Expansion goal yields to survival strategy.(company files for bankruptcy)(Brief Article)
- In 1996, former Federal-Mogul Corp. Chairman Richard Snell called his aggressive expansion plan the ``Big Hairy Audacious Goal.'' Current Chairman Frank Macher's plans to keep the company afloat might well be titled the ``Huge Bankruptcy Saving Ou In 1996, former Federal-Mogul Corp. Chairman...
- Research articles 2001-10-08
- Federal-Mogul: Returning to path; Supplier ready to pursue acquisitions after leaving Ch. 11.(Federal-Mogul Corp. appointed Jose Maria Alapont )(Carl Icahn investing in Federal-Mogul Corp.)
- Byline: Robert Sherefkin, David Barkholz Crain News Service Jose Maria Alapont is getting ready to take the new Federal-Mogul Corp. out of five years of expensive Chapter 11 reorganization. To do that, the CEO will resume a global march started by Byline: Robert...
- Research articles 2006-12-04
- OWENS CORNING REPORTS FOURTH QUARTER AND FULL YEAR 2002 RESULTS.
- Owens Corning (OTC: OWENQ) reported financial results for the fourth quarter ended December 31, 2002, as well as results for the full year 2002. Favorable operating results were overwhelmed by special charges. For the fourth quarter of 2002, the Owens Corning...
- Research articles 2003-02-17
- Newcor's Las Vegas backer helping it through Chapter 11.(Brief Article)
- The Las Vegas company that made a hostile takeover bid for automotive molder Newcor Inc. now is providing the financing to keep it in operation within Chapter 11, and also plans to provide the cash to help it re-emerge from bankruptcy later this year The Las...
- Research articles 2002-03-04
- OWENS CORNING REPORTS FOURTH QUARTER AND 2001 FINANCIALS.
- Owens Corning (NYSE: OWC) of Toledo, Ohio reported financial results for the fourth quarter ended December 31, 2001, as well as results for the full year 2001. For the fourth quarter 2001, the company had net sales of $1.17 billion, compared to $1.1 Owens Corning...
- Research articles 2002-02-04
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