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Tag: bankruptcy
Retired miners screwed over in coal bankruptcy plan
2015-10-03 14:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: There was plenty in the complex deal to benefit bankers, lawyers, executives, and hedge fund managers. Patriot Coal Corporation was bankrupt, but its mines would be auctioned to pay off mounting debts while financial engineering would generate enough cash to cover the cost of the proceedings. When the plan was filed in the U.S. bankruptcy court in Richmond last week, however, one group didnt come out so well: 208 retired miners, wives, and widows in southern Indiana who have no direct connection...
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bankruptcy
retired
coal
A&P execs received millions before bankruptcy, records show
2015-10-03 01:52:41| Grocery - Topix.net
The sign outside an A&P store in Wall Township, N.J. is shown on March 5, 2007. Photo Credit: AP / Mel Evans Less than three months before the Great Atlantic & Pacific Tea Co.
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received
records
millions
Quirky Files for Bankruptcy, Will Sell Wink Biz
2015-09-22 23:00:42| PC Magazine Software Product Guide
Wink will carry on with day-to-day operations while Quirky finds a new owner for its smart home platform.
Driller Samson Resources files for bankruptcy
2015-09-18 10:38:44| Oil & Gas - Topix.net
Oil and gas driller Samson Resources Corp. filed for bankruptcy in Delaware on Wednesday night, undone by a collapse in energy prices and billions in debt that KKR & Co. and other investors piled on to fund a 2011 takeover.
Tags: resources
files
bankruptcy
samson
Haggen Files for Bankruptcy to Retain Some Stores
2015-09-10 13:18:54| Grocery - Topix.net
In order to reorganize around its core profitable stores, Haggen this week filed for bankruptcy protection from creditors to maintain operations in the meantime. Exactly where operations would be maintained wasn't spelled out in Haggen's voluntary Chapter 11 reorganization filing at the U.S. Bankruptcy Court for the District of Delaware in Wilmington.
Tags: stores
files
retain
bankruptcy
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