| Delphi approved to sell interior unit http://www.detnews.com/apps... Bankruptcy Articles Detroit News - Delphi Corp. won bankruptcy court approval Thursday to sell its interior and closure systems business for $106 million to Inteva Products LLC, barring a higher offer at auction. U.S. Bankruptcy Judge Robert Drain approved the sale and set a Dec. 6 ... |
| UAW gives Big Three chance at reinvention http://www.detnews.com/apps... Bankruptcy Articles Detroit News - The automakers, led by GM, would strip the liabilities from their books and the union would shield the expected retiree benefits from bankruptcy. It was the UAW, faced with the undeniable economic fact that the "all-in" labor costs for a UAW assembly ... |
| Clinton, Obama get fiercely personal http://www.chicagotribune.c... Bankruptcy Articles Chicago Tribune - Obama countered that Clinton carried political water for credit card companies in voting for bankruptcy legislation that would have made it harder for consumers to discharge debts. The legislation failed and Clinton voted against a later version of ... |
| Cypress Gardens Bankruptcy Sale Is Done http://www.theledger.com/ar... Bankruptcy Articles The Ledger - "We're ecstatic,'' Brian Philpot said late Tuesday. Philpot said he and his partner, Robert Harper IV, are "committed to the long haul" to building the business at Cypress Gardens. The park was sold by Georgia's Adventure Parks Group to Mulberry ... |
| Lionel Bankruptcy Hearing Delayed http://www.forbes.com/feeds... Bankruptcy Articles Forbes - A judge has postponed a key hearing on Lionel LLC's exit from bankruptcy, as talks to settle a lengthy trade-secrets battle intensify between the model-train maker and MTH Electric Trains. Judge Burton R. Lifland of the U.S. Bankruptcy Court in ... |
| In jail and on the phone, Lou Pearlman reverses the charges http://www.sptimes.com/2007... Bankruptcy Articles St. Petersburg Times - His creditors forced him into involuntary bankruptcy and a bankruptcy trustee has been selling off all his property and possessions, including his Windermere mansion, which is mortgaged for more than its value. "It's like I'm dead and they're trying ... |
| 'Vultures' circle troubled businesses http://www.chicagotribune.c... Bankruptcy Articles Chicago Tribune - She is part of a larger community of restructuring specialists, bankruptcy lawyers and others who profit in the wake of others' misfortune, but who themselves have suffered in recent years as a strong economy and free-flowing credit propped up ... |
| The Business Week -- News You Need to Know http://www.businessweek.com... Bankruptcy Articles BusinessWeek - The Bankruptcy Squeeze If housing didn't already have enough problems, here's one more: A tougher bankruptcy law makes it harder for struggling families to stay in their homes. The 2005 law is designed to pressure Americans to pay more of their credit ... |
| Kimco Realty Corporation Reports Third Quarter Earnings http://www.forbes.com/busin... Bankruptcy Articles Forbes - Factors that could cause actual results to differ materially from current expectations include, but are not limited to, (i) general economic conditions, (ii) the inability of major tenants to continue paying their rent obligations due to bankruptcy ... |
| Act now before losing home http://www.detnews.com/apps... Bankruptcy Articles Detroit News - Q . I bought my house last year, but this year my income has been reduced because the market is bad. Do you think that I should file bankruptcy even if I have never missed my mortgage payment? My income can't cover my mortgage payment. A . You are in ... |