Latest Debtor-in-possession financing Stories

2009-02-11 13:14:00

BAKERSFIELD, Calif., Feb. 11 /PRNewswire-FirstCall/ -- Foothills Resources, Inc. (OTC Bulletin Board: FTRS) (the "Company") today announced that it and its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 in the U.S.

2009-02-04 17:51:00

Plans to Complete Sale in Bankruptcy Within 60 Days BOULDER, Colo., Feb. 4 /PRNewswire-FirstCall/ -- Incentra Solutions, Inc. (OTC Bulletin Board :ICNS) announced today that it filed a voluntary Chapter 11 petition in the United States Bankruptcy Court for the District of Delaware.

2009-01-28 18:04:00

-- Interim Approval Granted for $160 Million DIP Facility -- Court Authorizes Continued Payment of Employee Wages and Benefits -- Hartmarx Authorized to Pay for Post-Petition Goods and Services CHICAGO, Jan.

2009-01-23 18:03:00

Company Receives Commitment for $160 Million in DIP Financing CHICAGO, Jan. 23 /PRNewswire/ -- Hartmarx Corporation (HTMX), today announced that it and its domestic U.S. subsidiaries have filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code.

2009-01-14 16:43:00

Orders Include Authority to Obtain $100 million in Financing - Company Can Continue Paying Employee Wages and Benefits - Operations Continue Without Interruption OKLAHOMA CITY, Jan.

2009-01-14 07:30:00

~ Secured $125 million of Debtor-in-Possession Financing ~ ~ Continues to Pursue a Sale of the Business ~ FRESNO, Calif., Jan. 14 /PRNewswire-FirstCall/ -- Gottschalks Inc.

2008-12-01 10:50:00

Company Receives Commitment for Up to $450 Million in Debtor-in-Possession Financing Normal Operations to Continue PITTSBURG, Texas, Dec.

2008-12-04 17:11:00

SIOUX FALLS, S.D., Dec. 4 /PRNewswire-FirstCall/ -- VeraSun Energy Corporation announced that the U.S.

Word of the Day
  • The abrogation of a law by a higher authority; annulment.
  • In music, during the eighteenth century, a song or an instrumental piece similar to the serenade, intended for performance in the open air.
The word 'cassation' comes from the French 'cassation', from Latin 'casso' ("destroy, annul").