Bankruptcy judge Christopher Sontchi has denied the request of Six Flags' creditors to file a competing bankruptcy reorganization plan and extended by 60 days the exclusive right of Six Flags to reorganize the company...
Pilgrim's Pride which filed for bankruptcy last December with $2.72 billion in debt is preparing to exit bankruptcy. The nation's largest chick processer has secured $1.65 billion in proposed financing and is planning to...
Charter Communications Inc. has emerged from Chapter 11 bankruptcy with only $13 billion in debt. Charter filed bankruptcy in March with $21.7 billion of debt. Their bankruptcy plan has wiped out $8 billion of...
A Texas judge ruled that State Farm Insurance must repay $310 million in premiums and back interest to Texas customers for overcharging them on homeowner policies. The ruling will affect State Farm Lloyds residential...
According to an article in the Star-Telegram, workers have rejected contract changes that would have allowed Ford Motor Co. to cut labor costs and remain competitive with Chrysler and GM, both of which recently...
According to an article in the Star-Telegram, CIT Group's Chapter 11 bankruptcy is a source of angst for the nation's small and mid-sized retailers, many of whom rely on the lender for credit. CIT...
According to an article in the Star-Telegram, a federal bankruptcy judge approved the sale of the historic Ridglea Theater to FixFunding through a process called "deed in lieu of foreclosure." Using the "deed in...
