By Scott Murray : The non-efficiency of the market is at it again (there are a lot of these situations out there these days, no?) with Patriot Coal ( PCX ), as zero hedge and debtwire cited the all too famous "sources familiar" but unnamed folks, claiming that bankruptcy is right around the corner.
… manager Phil Falcone recently filed bankruptcy for LightSquared (The case is LightSquared Inc., 12-12080, U.S. Bankruptcy Court , Southern District of New York, Manhattan; Harbinger Capital Partners, Falcone's hedge fund, owned 74% of …
May 3 (Reuters) - Tanker shipping company General Maritime Corp expects to emerge from bankruptcy in May after its amended reorganization plan was approved by the bankruptcy court .
(Reuters) - Eastman Kodak received court approval on Monday from a bankruptcy court judge to spend about $13.5 million to try to keep a few hundred employees from leaving the company while it is in bankruptcy, a spokesman for the company confirmed.
April 30 (Reuters) - Eastman Kodak received court approval on Monday from a bankruptcy court judge to spend about $13.5 million to try to keep a few hundred employees from leaving the company while it is in bankruptcy, a spokesman for the company confirmed.
… for example, the firm purchased Atlantis from bankruptcy court at a bargain price, in our opinion. AEP's debt ..... rival company Atlantis Plastics in October 2008 from bankruptcy court at a bargain price, which expanded AEP's production …
… Bernard Madoff's fraud, a federal judge said he would decide whether a 2011 U.S. Supreme Court ruling prevents a bankruptcy court from resolving hundreds of lawsuits brought by the Madoff firm's trustee.
(Reuters) - The trustee liquidating MF Global's brokerage will ask a bankruptcy court on Thursday to release $685 million to former MF Global customers, a plan already introduced in court filings that has been criticized as neglecting affiliates of the failed firm.
April 12 (Reuters) - The trustee liquidating MF Global's brokerage will ask a bankruptcy court on Thursday to release $685 million to former MF Global customers, a plan already introduced in court...
… plan to cut our fair value estimate. Final settlement and agreement terms are subject to a formal creditor vote and bankruptcy court approval. Key terms of the proposed agreement are as follows: Dynegy Holdings' unsecured creditors would receive …