Posted by Reuters: Business News on February 2, 2011
WILMINGTON, Delaware (Reuters) – Borders Group Inc, the second-largest U.S. book chain, may file for bankruptcy later this month, a source familiar with matter said.
Posted by Reuters: Business News on December 2, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc defended on Thursday its plan to repay creditors, while an attorney for disgruntled shareholders attacked the proposal because it leaves them…
Posted by Reuters: Business News on November 2, 2010
WILMINGTON, Delaware (Reuters) – Tribune Co creditors filed sprawling lawsuits on Monday that take aim at Sam Zell, his banks and advisers for the disastrous leveraged buyout that plunged the…
Posted by Reuters: Business News on May 17, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc proposed an amended plan of reorganization on Monday that would return $7 billion to creditors, but it was unclear if the Federal Deposit Insurance Corp would support the plan.
Posted by Reuters: Business News on March 30, 2010
WILMINGTON, Delaware (Reuters) – Washington Mutual Inc , the biggest bank failure in history, may have a second life after bankruptcy.
Posted by Reuters: Business News on March 8, 2010
WILMINGTON, Delaware (Reuters) – Six Flags Inc put its chief financial officer on the stand to defend its reorganization plan against attacks by some bondholders, with ownership of the theme park operator at stake.
Posted by Reuters: Business News on February 4, 2010
WILMINGTON, Delaware (Reuters) – Hedge funds will defend their coveted secrecy against bankruptcy judges who want more information about their economic interests before granting them an active role in Chapter 11 reorganizations.
