Latest Debtor-in-possession financing Stories

2009-04-30 16:48:00

Receives Commitments for $90 Million in DIP Financing IVHS and International Operations Excluded from Filing AMHERST, N.Y., April 30 /PRNewswire/ -- Mark IV, a leading diversified manufacturer of highly-engineered systems and components for the worldwide automotive OEM, automotive aftermarket, heavy duty, and transportation markets, today announced that it has filed voluntary petitions for reorganization under Chapter 11 of the U.S.

2009-04-24 02:21:00

ROTTERDAM, Netherlands, April 24 /PRNewswire/ -- LyondellBasell Industries today announced that LyondellBasell Industries AF S.C.A. has been voluntarily added to Lyondell Chemical Company's reorganization filing under Chapter 11 of the U.S.

2009-04-22 16:16:00

AURORA, ON, April 22 /PRNewswire-FirstCall/ - Magna Entertainment Corp. ("MEC" or the "Company") announced that on April 20, 2009, the Company and MI Developments Inc.

2009-04-03 14:50:00

RIVERSIDE, Calif., April 3 /PRNewswire-FirstCall/ -- Fleetwood Enterprises, Inc. (OTC Bulletin Board: FLTWE) ("Fleetwood"), a leading producer of recreational vehicles and manufactured homes, today reported that the U.S.

2009-04-01 10:01:00

Texas-Based Refiner Purchases Five Facilities and Development Site SIOUX FALLS, S.D., April 1 /PRNewswire/ -- VeraSun Energy Corp. today announced that it closed on the sale of assets to Valero Renewable Fuels that included five ethanol production facilities and a development site.

2009-03-23 07:00:00

SUNNYVALE, Calif., March 23 /PRNewswire-FirstCall/ -- Spansion Inc.

2009-03-18 16:26:00

BEACHWOOD, Ohio, March 18 /PRNewswire/ -- Aleris International, Inc. announced today that following a hearing on Monday, March 16, the U.S.

2009-03-18 16:04:00

Valero to Purchase Seven Facilities and Development Site Secured Lenders Credit Bid for Remaining Assets Transactions Expected to Close in 2 to 6 weeks SIOUX FALLS, S.D., March 18 /PRNewswire-FirstCall/ -- VeraSun Energy Corp. today announced that the U.S.

2009-03-17 20:08:00

Valero Bids $477 Million Plus Working Capital Secured Lenders Submit Credit Bids Totaling $516 Million for Remaining Assets Sale Approval Hearing Scheduled for Tomorrow at Noon in Wilmington, Delaware SIOUX FALLS, S.D., March 17 /PRNewswire-FirstCall/ -- VeraSun Energy Corp.

2009-03-16 15:15:00

John Brincko to Spearhead Restructuring Efforts SUNNYVALE, Calif., March 16 /PRNewswire-FirstCall/ -- Spansion Inc. (Nasdaq: SPSN), the world's largest pure-play provider of Flash memory solutions, today announced that it has retained John P. Brincko as Chief Restructuring Officer (CRO).

Word of the Day
  • A handkerchief.
  • Specifically— The legendary sweat-cloth; the handkerchief of St. Veronica, according to tradition miraculously impressed with the mask of Christ; also, the napkin about Christ's head (Johu xx. 7).
  • In general, any miraculous portrait of Christ.
The word 'sudarium' comes from a Latin word meaning 'a handkerchief'.