Skip to content

{ Tag Archives } bankruptcy-protection

GM posts $4.3 billion loss in last half of 2009

General Motors Co. says it lost $4.3 billion in the last half of 2009 as it struggled to emerge from bankruptcy protection, repay government loans and cope with a severe downturn in U.S. sales.

Also tagged , , , , , , ,

Air America to close, files for bankruptcy

NEW YORK (Reuters) – Air America, a politically liberal talk-radio network, said on Thursday it would cease operations and file for Chapter 7 bankruptcy protection to begin an orderly wind down of its business. Read more from the original source: Air America to close, files for bankruptcy

Also tagged , , , , , ,

Affiliated Media, parent of Daily News owner MediaNews, to file for bankruptcy protection

Affiliated Media Inc., the holding company for MediaNews Group, whose newspapers include the Denver Post and several Southern California papers, plans to file for Chapter 11 bankruptcy protection. See the original post: Affiliated Media, parent of Daily News owner MediaNews, to file for bankruptcy protection

Also tagged , , , , , , , , , ,

Denver Post owner plans prepackaged Ch. 11 filing (AP)

AP – The holding company for MediaNews Group Inc. newspapers, including The Denver Post and San Jose Mercury News, says it plans to file for Chapter 11 bankruptcy protection. View post: Denver Post owner plans prepackaged Ch. 11 filing (AP)

Also tagged , , , , , , , ,

JAL’s 2 main units to file for bankruptcy: report

TOKYO (Reuters) – The two core units of Japan Airlines Corp in charge of operating flights and procuring funds will file for bankruptcy protection along their parent, the Nikkei newspaper reported on Friday. The rest is here: JAL’s 2 main units to file for bankruptcy: report

Also tagged , , , , , , , , , , , , ,

JAL shares plunge amid feared bankruptcy

Shares in troubled Japan Airlines Corp. plunged to just 7 yen Wednesday while the money-losing airline was expected to file for bankruptcy protection as early as next week. Read this article: JAL shares plunge amid feared bankruptcy

Also tagged , , , , , , , , ,

Pilgrim’s Pride cuts 230 jobs after sale to JBS

PITTSBURG, Texas – (AP) Pilgrim’s Pride Corp. is cutting 230 corporate and administrative jobs, the chicken producer said Tuesday, just over a week after it emerged from bankruptcy protection. The Pittsburg, Texas-based company sold a majority of its business to the U.S. unit of Br More here: Pilgrim’s Pride cuts 230 …

Also tagged , , , , , , , , , ,

Building Materials exits bankruptcy with new name

NEW YORK (Reuters) – Building Materials Holding Corp said on Monday that it has exited U.S. bankruptcy protection as secured lenders have converted their debt into equity ownership of the company. See the original post: Building Materials exits bankruptcy with new name

Also tagged , , , , , , , , , , ,

Mesa Air files for Ch. 11 bankruptcy protection

PHOENIX – (AP) Mesa Air Group Inc. has filed for Chapter 11 bankruptcy protection and will restructure its business mostly because of financial obligations for leases on airplanes it no longer needs. In November United Airlines chose not to extend a deal under which Mesa ran 26 regi Read the original: Mesa …

Also tagged , , , , , , , , ,

General Growth net loss narrows in November

NEW YORK (Reuters) – Bankrupt shopping mall owner General Growth Properties Inc, which is seeking to surface from bankruptcy protection next year, posted a narrower net loss in November from the month before, according to a monthly regulatory filing. View original post here: General Growth net loss narrows in November

Also tagged , , , , , , , , , , , ,