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chapter 11 and income

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BNET Business Dictionary

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 »

BNET Resources

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,...
Tags: Chapter 11, company, income, Owens Corning
Research articles 2002-08-19
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...
Tags: Chapter 11, company, income, Owens Corning
Research articles 2003-02-17
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...
Tags: Chapter 11, company, income, Owens Corning
Research articles 2002-02-04

Additional Resources

Heating Oil Partners Income Fund Announces Chapter 11 Filing By Operating Subsidiary
TORONTO -- Heating Oil Partners Income Fund (the "Fund")(TSX:HIF.UN) announced today that the Fund's operating subsidiary, Heating Oil Partners, L.P. ("HOP" or the "Company") filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. The Company also will be seeking ...
Tags: Heating Oil Partners Income Fund, HOP Holdings Inc.
Research articles 2005-09-26
Geonex files plan to end Chapter 11 case
ST. PETERSBURG, Fla.--BUSINESS WIRE--Aug. 1, 1995--The Chapter 11 Trustee for Geonex Corp. announced today that he has filed a plan of reorganization in the company's Chapter 11 case.The plan was based on an agreement reached between the Trustee and the company's major creditor, Morgens Waterfall Income Partners, which was endorsed...
Tags: Business Wire, Florida, MARKETING
Research articles 1995-08-01
LaPlace-based Bayou Steel Corp. emerges from Chapter 11 bankruptcy
Less than a year after emerging from Chapter 11 bankruptcy protection, LaPlace-based Bayou Steel Corp. is making money again. Bayou Steel, which filed for Chapter 11 status Jan. 22, 2003, reported net income of $29.8 million for fiscal year 2004 compared with 2003's net loss of $34.5 million....
Tags: Bayou Steel Corp.
Research articles 2005-01-10
Heating Oil Partners Income Fund Provides Update on Chapter 11 Filing By Operating Subsidiary and TSX Listing
TORONTO -- Heating Oil Partners Income Fund (the "Fund") (TSX:HIF.UN) announced that the Fund's operating subsidiary, Heating Oil Partners, L.P. ("HOP" or the "Company") received yesterday a series of court orders in connection with the filing of its voluntary petition for reorganization under Chapter 11 of...
Tags: Company, Heating Oil Partners Income Fund, HOP Holdings Inc.
Research articles 2005-09-27
Heating Oil Partners Income Fund Provides Update on Chapter 11 Filing By Operating Subsidiary and TSX Listing.
TORONTO, ONTARIO, Sep 27, 2005 CCNMatthews via COMTEX -- Heating Oil Partners Income Fund (the "Fund") (TSX:HIF.UN) announced that the Fund's operating subsidiary, Heating Oil Partners, L.P. ("HOP" or the "Company") received yesterday a series of court orders in connection with the filing of its voluntary...
Tags: Company, Heating Oil Partners Income Fund, HOP Holdings Inc.
Research articles 2005-09-27
London Fog Industries Chapter 11 Plan of Reorganization is Confirmed
Business Editors SEATTLE--BUSINESS WIRE--April 6, 2001 London Fog Industries, an international leader in rainwear and outerwear, today announced the confirmation of its Chapter 11 plan of reorganization. London Fog Industries President and Chief Executive Officer William Dragon, Jr. declared that the company is both stronger and healthier...
Tags: London Fog Industries Inc.
Research articles 2001-04-06
Realty Income Corporation Q1 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of Michael Bilerman – Citi Michael Bilerman – Citi Could you tell us a bit more about the drivers of the occupancy decline, specifically which tenants gave their units back that you weren’t expecting....
Tags: Tenant, Accounts Receivable, Call Transcript, Income, Earnings, Citigroup Inc., Tom Lewis Let, Seeking Alpha, Realty Income Corp.
Earnings calls 2009-04-30
Big spenders - household and discretionary income - includes related article on Bureau of Labor Statistics Consumer Expenditure Survey
Americans spend more money than anyone else on the planet. Every day, the average U.S. household spends almost $90 on a vast array of goods and services. This may not sound like much, but it adds up to trillions of dollars a year. For those who provide these goods and...
Tags: Bureau of Labor Statistics, income, survey
Research articles 1997-08-01
Travel Roundup: Wynn Divorces Board Member, US Airways' $1 Million Xbox Lawsuit, Herbst Gaming Bankruptcy and More
Billionaire Steve Wynn and wife headed for divorce -- Divorce papers for Wynn Resorts Ltd. chief executive Steve Wynn and his wife were filed March 5 and sealed by a judge in Nevada. It is unknown how the divorce could affect the company -- Elaine Wynn is an active board member and...
Tags: Lawsuit, Disney Corp., Board, Agreement, Microsoft Xbox, US Airways Group Inc., Game Players, Corporate Governance, Litigation, Consumer Electronics, Personal Technology, Business Operations, Corporate Law, Barbara E. Hernandez
Blog posts 2009-03-11
What GM Can Learn from NVR's Chapter 11
Doug Poretz submits: One of the real beneficial experiences of my life was working closely with Dwight Schar, who is best know as Chairman and former/founding CEO of NVR, Inc. NVR, one of the nation’s largest and the most profitable home building companies. In the summer of 1986,...
Tags: Transport, Doug Poretz, General Motors Corp.
External links 2009-04-13
Delinquent Receivables, the New Wrinkle in Media Earnings -- and Worse to Come
With an economic recovery now unlikely for at least another 12 months, media execs are facing bigger problems with revenue shortfalls, mounting debt, shrinking advertising dollars and a new wrinkle -- delinquent receivables. Unpaid bills from the business that media companies do with each other are likely...
Tags: Advertisement, Financial, Earnings, Television Viewer, TVs, Tv & Home Theater, Financial Accounting, Personal Technology, Home Entertainment, Finance, Diane Mermigas
Blog posts 2009-07-20
Energy Roundup: Anadarko's Triple Play, Salazar Quashes Leases, and More
Anadarko strikes oil twice, reports tripled profits -- Anadarko Petroleum, one of the nation's largest independent oil and gas producers, hit pay dirt twice this week when it announced back-to-back deepwater Gulf of Mexico oil discoveries. The news came on the heels of its fourth-quarter earnings, where the Houston-based company reported...
Tags: Xcel Energy Inc., Lease, Venture Capital, Telecom & Utilities, Investment, Financial Accounting, Finance, Financing Startups, Kirsten Korosec
Blog posts 2009-02-04
Brazil: Cobra survives and plans to double income.
Brazil, Feb 20, 2001 The Brazilian computers and auxiliary equipment producer Cobra Computadores has been reporting losses over the last 20 years, reaching a total of US$146mil. Between 1992 and 1996 the company almost applied for Chapter 11. Banco do Brasil reversed a debt...
Tags: Banco do Brasil S.A.
Research articles 2001-02-22
Bankruptcy Trustee Retains Keen Realty to Sell Waterfront, Income Producing Hotel, Marina and Restaurant Property Located in Fairhaven, MA
Keen to Dispose of Holiday Inn Express w/ Marina, Turn-Key Restaurant and Banquet Hall GREAT NECK, N.Y. -- John Aquino, Esq., Chapter 11 Trustee for the estates of Southcoast Express, Inc. and Sky View Lines, LLC, has retained Keen Realty, LLC to market and sell an operating Holiday Inn...
Tags: Holiday Inn
Research articles 2007-01-23
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...
Tags: Creditor, Business, Bankruptcy, Litigation, Business Operations, Asset, Debt, Chapter 11 Bankruptcy, Chapter 13 Bankruptcy, BNET Editorial
Articles 2007-12-18
Debtors can't avoid income tax liability
Where a taxpayer filed a Chapter 13 petition for bankruptcy, withdrew that petition, and later filed a Chapter 7 petition, did the "three-year lookback period" toll, eliminating their liability for federal income tax due to the passage of time? Affirming the decision of the U.S. Court of Appeals for the...
Tags: bankruptcy, income, income tax, Internal Revenue Service, petition, tax
Research articles 2002-03-14
Columbia-based Fieldstone Mortgage, plagued by subprime woes, files
Fieldstone Mortgage Co., the troubled Columbia-based residential loan originator already being sued by its largest creditor, filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Maryland on Friday. In its filing, Fieldstone said that due to high rates of loan delinquencies and an...
Tags: Fieldstone Mortgage Co.
Research articles 2007-11-27
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