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Nortel Networks resolves more than $3 billion in bankruptcy claims

2013-12-17 20:33:42| Telecom - Topix.net

Nortel Networks Inc., a defunct telecoms company, has reached a deal that will cut more than $3 billion from what was allegedly owed to former Nortel entities in Europe, marking what it called a "significant milestone" to ending its five-year bankruptcy.

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Patriot Coal poised to emerge from bankruptcy

2013-12-17 19:46:25| Energy - Topix.net

Patriot Coal Corp. says it is finalizing its financing and will emerge Wednesday from bankruptcy now that a federal bankruptcy court has approved its reorganization plan.

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US: Loehmann's again files for bankruptcy

2013-12-17 13:56:00| Daily apparel & textile news and comment - from just-style.com

US fashion retailer Loehmann's Holdings has filed for Chapter 11 bankruptcy protection for a third time and said it plans to sell substantially all of its assets.

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Loehmann's Files for Bankruptcy

2013-12-16 17:16:00| National Real Estate Investor

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W.R. Grace looks to exit Ch. 11 bankruptcy by Jan. 31

2013-12-13 04:26:47| Chemicals - Topix.net

W.R. Grace & Co. is looking to emerge from Chapter 11 bankriuptcy protection by Jan. 31 - that is, if the wheels of justice are turning in the Columbia company's favor.

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