Latest Debtor-in-possession financing Stories

2009-11-24 08:36:00

REYKJAVIK, Iceland, November 24 /PRNewswire-FirstCall/ -- deCODE genetics, Inc. (Nasdaq:DCGN) today announced the approval of all of its "first day" motions by the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court").

2009-11-18 08:16:00

WEXFORD, Pa., Nov.

2009-11-17 15:43:00

TROY, Mich., Nov. 17 /PRNewswire-FirstCall/ -- Champion Enterprises, Inc. (NYSE: CHB), a leader in factory-built construction, today announced that Honorable Judge Kevin Gross of the U.S.

2009-11-15 19:47:00

TROY, Mich., Nov. 15 /PRNewswire-FirstCall/ -- Champion Enterprises, Inc. (NYSE: CHB), a leader in factory-built construction, today announced that it and its domestic operating subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.

2009-10-28 20:47:00

VAN BUREN TOWNSHIP, Mich., Oct. 28, 2009 /PRNewswire-FirstCall/ -- Visteon Corporation (OTC: VSTN) has filed a motion with the U.S. Bankruptcy Court in Delaware seeking approval of up to $150 million in debtor-in-possession (DIP) financing from a consortium of its term loan lenders.

2009-10-07 14:42:00

WEXFORD, Pa., Oct. 7 /PRNewswire/ -- PTC Alliance (www.ptcalliance.com), a leading manufacturer and marketer of welded and cold drawn mechanical steel tubing and tubular shapes, fabricated parts, precision components and chrome-plated rod, announced today that the company and its U.S.

2009-10-01 06:00:00

RED BANK, N.J., Oct. 1 /PRNewswire-FirstCall/ -- Hovnanian Enterprises, Inc. (NYSE: HOV) (the "Company") announced that its wholly owned subsidiary, K. Hovnanian Enterprises, Inc. ("K.

2009-08-24 10:49:42

The publisher of Reader's Digest Magazine said Monday it has followed through on plans to file for Chapter 11 bankruptcy protection. The Reader's Digest Association Inc. of Pleasantville, N.Y., said in a release its previously announced bankruptcy filing plans were carried out Monday.

2009-08-24 05:20:00

PLEASANTVILLE, N.Y., Aug. 24 /PRNewswire/ -- The Reader's Digest Association, Inc.

Word of the Day
  • Stoppage; cessation (of labor).
  • A standing still or idling (of mills, factories, etc.).
The word chomage comes into English from French.]