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Latest Secured creditor Stories

2010-08-02 13:44:00

US$ ABWTQ (OTC) MONTREAL, Aug. 2 /PRNewswire-FirstCall/ - AbitibiBowater announced today that in connection with the Company's ongoing creditor protection proceedings, the U.S.

2010-05-24 16:55:00

US$ ABWTQ (OTC) - Unsecured creditors committee supports plans of reorganization - Aims to emerge from creditor protection in Fall 2010 - Restructuring plan calls for unsecured debt to be converted to equity - Estimated recovery rate for unsecured creditors detailed in filings - Commenced process to obtain exit financing package - Secured backstop commitment from certain unsecured noteholders for rights offering of up to $500 million...

2009-08-20 09:31:00

NEW YORK, Aug. 20 /PRNewswire/ -- The Official Committee of Unsecured Creditors of General Motors Corp. (n/k/a Motors Liquidation Company) announces the launch of its new bankruptcy information website: www.motorsliquidationcreditorscommittee.com On June 1, 2009, General Motors Corp.

2006-03-25 04:39:13

By David Bailey CHICAGO (Reuters) - A committee for unsecured creditors in Delphi Corp.'s bankruptcy on Friday demanded General Motors Corp. documents detailing ties to its former parts unit dating back to 1997.


Word of the Day
obdormition
  • Sleep; the state or condition of being asleep.
  • The state or condition of numbness of a part due to pressure on a nerve: as, the obdormition of a limb.
The word 'obdormition' comes from a Latin word meaning "to fall asleep".
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