(Reuters) – Barneys New York Inc is eyeing a debt restructuring or bankruptcy filing under which its owner, Dubai’s Istithmar World Capital, may lose control of the high-end retailer, Bloomberg reported, citing people familiar with the matter.
Tagged BankruptcyFormer Representative William J. Jefferson, who was convicted of corruption after federal agents found cash in his freezer, has filed for Chapter 7 bankruptcy liquidation.
Tagged Bankruptcy, PortlandNEW YORK – (AP) The court-appointed trustee liquidating imprisoned financier Bernard Madoff’s assets asked a New York bankruptcy judge Thursday to rule whether he is right to deny damaged investors the bogus profits recorded on their phony account statements. Trustee Irving Picard asked a U
Tagged BankruptcyNEW YORK – (AP) The number of global corporations defaulting on debt obligations is running nearly four times the pace of last year, Standard & Poor’s said Friday. The ratings agency said the year-to-date tally of defaults this week reached 211 after Tishman Speyer Real Estate and TLC V
PHILADELPHIA – (AP) Creditorsseeking to take control of Philadelphia Newspapers in a hard-fought Chapter 11 bankruptcy case have hired a longtime publisher of the two dailies as an adviser. Bob Hall, publisher of The Philadelphia Inquirer and Philadelphia Daily News from 1990 to 2003, would
Tagged Bankruptcy, chapter 11 bankruptcyThe owner of the Orange County Register is expected to file for Chapter 11 bankruptcy protection this week. The Wall Street Journal reports that Freedom Communications has reached agreements with its lenders to restructure its debts. » E-Mail This » Add to Del.icio.us
Tagged Bankruptcy, chapter 11 bankruptcyhttp://www.nacba.org/s/84_8ab7b35d8041165
Reuters – Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans.
Tagged Bankruptcy(Reuters) – Bankrupt U.S. media group Tribune Co could emerge from bankruptcy in the autumn without a major overhaul of its present top management, the New York Times said, citing people briefed on the restructuring plans.
Tagged Bankruptcy, BusinessAs the Tribune Company emerges from bankruptcy, it could keep the same management that led it there.
Tagged Bankruptcy