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Tag: bankruptcy
Energy Future favors Hunt debt repayment plan to exit bankruptcy
2015-07-24 18:39:24| Oil & Gas - Topix.net
As Energy Future Holdings Corp nears a deadline for ending its bankruptcy, Texas's largest power company has crowned a group supported by Hunt Consolidated Inc as the new leader in the effort to craft the best plan. Hunt has teamed up with junior creditors of Energy Future Holdings to raise about $12.1 billion to repay the power company's debt and convert its power distribution business, known as Oncor, into a real estate investment trust, or REIT.
Commodities shipper Trans Coastal Supply Co files for bankruptcy
2015-07-24 06:10:25| Agriculture - Topix.net
Commodities shipper Trans Coastal Supply Company Inc filed for Chapter 11 bankruptcy on Thursday citing more than $28 million in unsecured debt, according to a court filing. Its trade debt included over $12.1 million to CHS Inc , the largest U.S. farmer-owned cooperative, and $3 million to grain handler and ethanol maker The Andersons Inc , according to the filing seen by Reuters.
Tags: files
supply
trans
bankruptcy
Montgomery County Businesses Shut Down As A And P Files For Bankruptcy
2015-07-22 09:09:23| Grocery - Topix.net
The Great Atlantic & Pacific Tea Company Inc. filed for bankruptcy protection Sunday, the second such filing for the Montvale, New Jersey-based supermarket chain, and many Pennsylvania businesses will be effected. The 156-year-old company filed documents for Chapter 11 bankruptcy protection late Sunday night with the United States bankruptcy court for the Southern District of New York, NorthJersey.com reported.
Contractor, Bahamian Government Fight Resort Developer Bankruptcy
2015-07-21 21:53:30| ENR.com: Headline News
The latest courtroom maneuvers are occurring even as the contractor and developer participate in negotiations aimed at restarting construction of the $3.5-billion Baha Mar project.
Tags: government
fight
resort
developer
A&P was a oethe Walmart of its day.a Now ita s filing for bankruptcy.
2015-07-20 23:03:55| Grocery - Topix.net
In its heyday, A&P ran 16,000 grocery stores across the country, a juggernaut that became the world's largest retailer and drew the ire of the federal government. Today, it runs fewer than 300, mostly in New York and New Jersey, and it's poised to lose them, the 156-year-old company said Monday .
Tags: for
s
filing
bankruptcy
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