Latest Bankruptcy in the United States Stories
Debt Consolidation USA is rejoicing with the announcement that the Consumer Credit Fairness Act had been passed by the Assembly to protect New Yorkers from abusive debt collectors. New York, NY (PRWEB) May 09, 2013 Debt Consolidation USA is happy with the announcement that the Assembly passed the recent consumer protection bill. Known as the Consumer Credit Fairness Act (A.2678/Weinstein), this bill seeks to protect consumers further against abusive debt collectors. The announcement was...
WASHINGTON, April 28, 2013 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau: (Logo: http://photos.prnewswire.com/prnh/20110428/DC91889LOGO) SUNDAY, APRIL 28: BALTIMORE WOES Profile America -- Sunday, April 28th. The agony of defeat became particularly acute on this date a quarter century ago, when the American League's Baltimore Orioles lost to the Minnesota Twins, 4-2. The loss was the 21st straight defeat for the Orioles,...
NAGOYA, Japan, April 15, 2013 /PRNewswire/ -- Brother Industries, Ltd. ("Brother" or the "Company") today announced that it has entered into an agreement with Eastman Kodak Company ("Kodak") to acquire certain assets of Kodak's Document Imaging business ("DI"). The agreement is the initial stalking horse bid under Section 363 of the U.S. Bankruptcy Code, to be followed by an orderly auction process under certain procedures set forth in the agreement.(1) Under the agreement, Brother...
FORT WORTH, Texas, April 12, 2013 /PRNewswire/ -- Today, AMR Corporation, the parent company of American Airlines, Inc., announced that the United States Bankruptcy Court for the Southern District of New York entered an order revising an earlier order entered on Jan. 27, 2012, that imposed certain restrictions and procedures (together, the "Original Procedures") with respect to the trading and accumulation of AMR Common Stock and unsecured claims against AMR and certain of its...
ST. LOUIS, Dec. 28, 2012 /PRNewswire/ -- K-V Pharmaceutical Company ("K-V" or "the Company") today announced that the U. S. Bankruptcy Court for the Southern District of New York, the Honorable Judge Allan L. Gropper presiding, approved the Company's settlement agreement with Hologic, Inc. ("Hologic Settlement"), and authorized the Company to enter into an $85 million debtor-in-possession ("DIP") financing to, among other things, fund the settlement. "The resolution of the...
ST. LOUIS, Dec. 12, 2012 /PRNewswire/ -- K-V Pharmaceutical Company ("K-V" or "the Company") today announced that it has received a commitment from lenders led by an affiliate of Silver Point Finance LLC for $85 million in senior secured post-petition debtor-in-possession ("DIP") financing, which the Company intends to use to, among other things, satisfy the terms of its recently filed settlement agreement with Hologic, Inc. ("Hologic Settlement"), provide additional financial...
DENVER, Dec. 7, 2012 /PRNewswire/ -- Double Eagle Petroleum Co. (NASDAQ: DBLE) announced today the appointment of Scott Baxter to the Company's Board of Directors beginning January 1, 2013. Mr. Baxter is the Managing Partner and founded Baxter Energy Partners in 2002. He has over 20 years of energy investment banking experience and has been responsible for building and overseeing industry groups at major investment banking firms. Mr. Baxter has advised a range of Fortune 500...
WEST MELBOURNE, Fla., Nov. 6, 2012 /PRNewswire/ -- RELM Wireless Corporation (NYSE MKT: RWC) today announced that David P. Storey, President and Chief Executive Officer, will make a presentation about the Company at Houlihan Lokey's Tenth Annual Aerospace-Defense-Government Conference at 2:30 pm EST on Thursday November 8, 2012, at the Ritz Carlton in Washington, D.C. The presentation will be web cast live, and available for viewing at www.relm.com or through the Houlihan Lokey...
WALTHAM, Mass., Oct. 16, 2012 /PRNewswire/ -- A123 Systems, Inc. (Nasdaq: AONE) ("A123" or "the Company"), a developer and manufacturer of advanced Nanophosphate® lithium iron phosphate batteries and systems, today announced that it has entered into an asset purchase agreement with Johnson Controls, Inc. (NYSE: JCI) in a transaction valued at $125 million. Under the terms of the agreement, Johnson Controls plans to acquire A123's automotive business assets, including all of its...
NEW YORK, Sept. 4, 2012 /PRNewswire/ -- The M&A Advisor is pleased to announce 228 nominations, representing over 350 companies, are being evaluated for the 4(th) Annual International M&A Advisor Awards. The Finalist companies have been selected from the nominees in the first stage of evaluation and the independent panel of judges will now focus their attention on the challenging task of selecting the ultimate award winners. The winners for the M&A Deal of...
