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Detroit given bankruptcy protection

2013-12-03 17:11:31| BBC News | Business | UK Edition

A US federal judge rules Detroit should be granted bankruptcy protection and says controversial pension cuts could occur as a result.

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OCZ files for bankruptcy, Toshiba to acquire assets but warranties could be lost

2013-11-27 22:06:04| Extremetech

SSD and power supply manufacturer OCZ announced it filed for bankruptcy today, after months of financial problems and a great deal of uncertainty as to whether the company would be able to continue as a going concern.

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Federal bankruptcy judge approves merger of American Airlines and US Airways

2013-11-27 17:44:05| Airlines - Topix.net

The first, from American parent company AMR, asked the judge to rule that a DOJ settlement Nov. 12 didn't affect the company's reorganization plan, meaning AMR wouldn't have to get creditors and shareholders to sign off on the plan again.

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Judge to rule Wednesday on American-US Air merger and bankruptcy plan

2013-11-27 08:14:56| Airlines - Topix.net

American Airlines Inc. and parent AMR Corp. may finally get the go-ahead Wednesday to exit bankruptcy and close their merger with US Airways Group Inc. American Airlines Inc. and parent AMR Corp. may finally get the go-ahead Wednesday to exit bankruptcy and close their merger with US Airways Group Inc. At the very least, they'll learn the state of ... (more)

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American Airlines back in court to seek bankruptcy plan OK

2013-11-25 15:27:26| Energy - Topix.net

American Airlines Inc. will return to the New York courtroom of U.S. Bankruptcy Judge Sean Lane again today for a hearing that could allow the carrier to exit bankruptcy and compete its merger with US Airways Group Inc. .

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