April 16 (Reuters) - General Motors Co said it will ask a U.S. bankruptcy court to bar plaintiffs from proceeding with lawsuits against the automaker for claims related to any actions before it filed for bankruptcy in 2009.
April 15 (Reuters) - Detroit reached a deal with a group representing police and fire retirees over the treatment of pensions and health care benefits, U.S. Bankruptcy Court mediators announced on...
DETROIT, April 11 (Reuters) - Detroit's plan to get out of bankruptcy cleared a major hurdle on Friday when a U.S. Bankruptcy Court judge approved the cash-strapped city's third attempt at settling costly interest-rate swap agreements with two investment banks.
DETROIT, April 11 (Reuters) - A U.S. Bankruptcy Court judge on Friday said the court should approve Detroit's settlement with two investment banks over soured swaps used to hedge interest rate risk...
is the rate of “recidivism,” meaning the rate at which firms whose cases are dismissed by a judge return to bankruptcy court within three years of initially filing. For a median-sized firm in Iverson’s research, the three-year recidivism
automotive financial services company with over 90 years of experience providing a broad array of financial products and services to automotive dealers and their customers. The Bankruptcy Court entered an order confirming Complete Story »
April 7 (Reuters) - Creditor objections flowed into a U.S. bankruptcy court on Monday claiming a document supporting Detroit's plan to deal with $18 billion of debt and other obligations is woefully short on facts.
Price Point: Anadarko Petroleum's ( APC ) announcement yesterday, ahead of what was supposed to be the final bankruptcy court hearing in the Tronox Adversary Proceeding, came as a surprise to the market and the stock surged almost 15% in
DETROIT, April 3 (Reuters) - Detroit's emergency manager, Kevin Orr, on Thursday said in testimony before a U.S. bankruptcy court that he wants the city to exit bankruptcy by Oct. 15, just weeks...
March 31 (Reuters) - Some of Detroit's retirees and bondholders would fare a little worse under a revised plan the city filed in U.S. Bankruptcy Court on Monday to deal with its $18 billion of debt and other obligations.