Chapter 11 Bankruptcy Definition Links

Herbst Gaming files Chapter 11 plan

Herbst Gaming filed a prepackaged Chapter 11 bankruptcy reorganization plan Sunday that will result in the company losing ownership of its 15 casinos but retaining control of its Nevada slot machine route.

American Airlines to drop DB pension plans - Pensions & Investments

Pensions & Investments

American Airlines to drop DB pension plans Pensions & Investments A letter to airline employees Wednesday from Thomas Horton, AMR chairman and CEO, did not mention the pension plans but did say that more than half of the $2 billion in cost-saving measures targeted by AMR in its Chapter 11 bankruptcy reorganization ... AMR cuts could include 13000 jobsChicago Tribune AMR may seek to end worker pensions, insurer warnsSun-Sentinel American Airlines Outlines Plan to Restore Its Industry Leadership ...PR Newswire (press release) Tulsa World -Dallas Morning News (subscription) (blog) -Reuters UK all 1,014 news articles »

Corporate Icons Falling Like House of Cards - Wiglaf Journal

Corporate Icons Falling Like House of Cards Wiglaf Journal Once the world's largest airline, American joins United Air Lines as opting for Chapter 11 bankruptcy as a short-term solution to operational problems. But, in the final analysis the reason why a company files for bankruptcy is that they taking in ...

Grace Reports Fourth Quarter Adjusted EPS of $0.89 and Provides 2012 Outlook - MarketWatch (press release)

Grace Reports Fourth Quarter Adjusted EPS of $0.89 and Provides 2012 Outlook MarketWatch (press release) Conn., filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") in order to resolve Grace's asbestos-related ... and more »

General Maritime files reorganization plan - Marine Log

General Maritime files reorganization plan Marine Log Tanker operator General Maritime Corporation, which filed for Chapter 11 protection in November last year, has filed a plan of reorganization and a disclosure statement with the US Bankruptcy Court for the Southern District of New York. General Maritime Files Plan of Reorganization and Disclosure StatementMarketWatch (press release) all 7 news articles »