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
  • To befool; deceive; balk; jilt.
  • An illusion; a trick; a cheat.
The word 'begunk' may come from a nasalised variant of Scots begeck ("to deceive, disappoint"), equivalent to be- +‎ geck.