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CHAPTER 11 BANKRUPTCY
Chapter 11 Bankruptcy is the form of bankruptcy, sometimes called "reorganization,” available to companies in financial distress under Title 11 of the U.S. Code. Through imposition of an "automatic stay" to suspend collection efforts against the debtor, Chapter 11 offers a "breathing spell" to businesses (and individuals) needing some extra time to put their financial house in order and can give them a "fresh start" to achieve financial success.
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By the looks of things, not even a spiritual rebirth, a tell-all book to document it and reality TV stardom on...
The recession has taken another bite out of the city’s restaurant scene. City Lobster & Steak, a surf-n-turf eatery...
As a bank in Olathe, Kansas teeters on the brink of bankruptcy, former executives are blaming regulators that turned a...
A major bankruptcy, distress, consolidation: Some people would wonder how much opportunity there is in the enterprise...
For all you Trivial Pursuit buffs out there, here's a question that might pop up in the next edition of the game: What...
Strategic dealmakers and private equity investors work together only once in a while. Could they team up more often?...
(Crain’s) — Sun-Times Media Group Inc. has skipped paying its quarterly contribution into several employee pension...
Mudslinging political campaigns generally aren't looked upon well by the viewing public. But those in the TV and...
There has been a slew of media reports regarding the possible CIT Group Inc. (NYSE:CIT) bankruptcy filing and how deep...
Short of a miracle, CIT Group Inc. (NYSE:CIT) seems headed for bankruptcy, a case apparently of too-small-to-save.
Many small and midsize businesses have been watching the government's negotiations with CIT Group Inc.
Eddie Bauer Holdings Inc. announced that Golden Gate Capital has purchased the company in an all-cash bid of $286...
With momentum building in Congress to reverse bankruptcy court decisions and force General Motors Co. and Chrysler...
These days, the lingerie business is not all lace and frills. Intimas Group plc, a U.K.-based intimate apparel maker,...
As expected Lear Corp. filed for Chapter 11. The auto parts maker announced last week that it intended to file for...
Tribune Co. has reached a deal to sell the Chicago Cubs and Wrigley Field to the Ricketts family, a source familiar...
statement, share price, byline) DETROIT (Reuters) - Auto seating supplier Lear Corp said Wednesday it would file for...
Recasts, adds company comment, previous NEW YORK dateline) SAN FRANCISCO (Reuters) - Crabtree & Evelyn Ltd filed...
$9.6 billion in cash in 2008. The automaker reorganized around what it considered its best assets in Chapter 11 and $6...
hearing at which the automaker is seeking court approval for the sale just 30 days after filing for Chapter 11.
the sale hearing. The automaker is seeking court approval for the sale just 30 days after filing for Chapter 11.
put the company into bankruptcy, which violated provisions of loan agreements. Under terms of the loan documents, a...
just over $256,00 in expenses. The bill covers the period from April 30, when Chrysler filed for Chapter 11 protection,...
The largest broker in the U.S. -- E*Trade Financial Corp. (NYSE:ETFC) -- is living on borrowed time. It received a...
Top Sources: Chapter 11 Bankruptcy
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- Crains ChicagoBusiness
- St. Petersburg Times
- Chicago Tribune
- Crains NY Business
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