United Airlines parent UAL Corp. said it expects to file its reorganization plan on or about Aug. 1 and emerge from Chapter 11 bankruptcy this fall. "While significant work remains, we believe this timeline for exit is realistically achievable United Airlines parent UAL Corp....
CAMBRIDGE, Mass. AP -- Polaroid filed a preliminary reorganization plan but requested an extension for providing more details on how it planned to settle its debts.
PITTSBURGH -- The United States Bankruptcy Court for the Western District of Pennsylvania issued a decision denying confirmation of the most recent amended plan of reorganization for Pittsburgh Corning Corporation after normal business hours last evening.
Leading automotive components supplier Hayes Lemmerz Intl. has asked the federal court overseeing its bankruptcy process to extend its exclusive right to file a reorganization plan until June 16. The deadline for that plan had been April 15. Leading automotive components supplier Hayes...
Automotive parts manufacturer Hayes Lemmerz International has filed its reorganization plan with the federal court overseeing its bankruptcy process. The Northville, MI-based producer of wheels, brakes, powertrain, suspension, structural and other li Automotive parts manufacturer Hayes Lemmerz International has filed its reorganization plan with the...
Tokyo, Nov 2, 2005 - JCN - German pharmaceutical and chemical company Merck KGaA has announced a reorganization plan for its pharmaceutical business in Japan. Specifically, the company will consolidate the ethicals division of its Japanese subsidiary Merck Ltd. and its Japanese generic pharmaceutical subsidiary Merck Hoei and create a...
RHODES FURNITURE, after closing 27 stores, has filed a Chapter 11 bankruptcy reorganization plan that would give furniture suppliers and other creditors a share of the company to settle outstanding debts. If the proposal is accepted by the federal ba RHODES FURNITURE, after closing 27 stores,...
NEW YORK-The 500 pages of court documents that make up the reorganization plan Kmart filed last week show a pattern of misdeeds, deception and financial recklessness. For example, the retailer revealed -- with some shocking detail -- the wrongdoings NEW YORK-The 500 pages of court...
Hayes Lemmerz Intl. Inc. gained a four-month extension on its exclusive right to file a reorganization plan and negotiate acceptance with its creditors. The automotive parts manufacturer has been in Chapter 11 bankruptcy protection since December 200 Hayes Lemmerz Intl. Inc. gained a four-month extension on...
Payless Cashways Inc has successfully emerged from its Chapter 11 bankruptcy reorganization plan which started in Jul 1997 and ended in just 135 days. The reorganization plan's waiting period had elapsed on Dec 2, 1997 without any appeals made to the US BPayless Cashways Inc has successfully emerged from its...