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July 3, 2007 |
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BEAZER HOMES: Dismisses Senior VP Michael Rand Due to Violations Beazer Homes USA, Inc. disclosed that Michael T. Rand has been terminated for cause, on June 27, 2007, under the terms of his employment agreement, due to violations of the company's ethics policy stemming from attempts to destroy documents in violation... Read More |
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CALPINE CORPORATION: Negotiations with Creditors Still Ongoing Calpine Corporation continues to engage in talks and negotiations with its creditors to arrive at a plan of reorganization that will satisfy opposing views on the company's proposed value, Richard M. Cieri, Esq., at Kirkland & Ellis, LLP, in New York,... Read More |
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CONSTELLATION BRANDS: Robert Sands Named as Chief Exec. Officer Constellation Brands Inc.'s board of directors named Robert S. Sands, 49, as chief executive officer effective July 26, 2007. Richard Sands, 56, will remain active in the company as chairman of the board. "The board of directors of Constellation... Read More |
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ELCOM INTERNATIONAL: Delays Filing of 2006 Annual Results Elcom International Inc. reported that due to ongoing delays with the completion of the company's audit for the year ended Dec. 31, 2006, the company failed to publish its audited annual results by June 29, 2007 deadline. As a result of being unable... Read More |
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MEDICOR LTD: Case Summary & 20 Largest Unsecured Creditors Debtor: MediCor Ltd. 4560 South Decatur Boulevard Suite 300 North Las Vegas, NV 89031 Bankruptcy Case No.: 07-10877 Debtor-affiliates filing separate Chapter 11 petitions: Entity ... Read More |
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PORT TOWNSEND: Plan Confirmation Hearing Scheduled on Aug. 15 The U.S. Bankruptcy Court for the Western District of Washington scheduled an Aug. 15, 2007 confirmation hearing for Townsend Paper Corporation's Plan of Reorganization after approving the disclosure statement describing that Plan, Bill Rochelle of... Read More |
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SEA CONTAINERS: Trustee Appoints HSBC as Sole Member of Panel Kelly Beaudin Stapleton, the U.S. Trustee for Region 3, issued on June 27, 2007, a notice appointing HSBC Bank USA, National Association, as indenture trustee, as the sole member of the Official Committee of Unsecured Creditors in Sea Containers, Ltd.... Read More |
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VICTORY MEMORIAL: Exclusive Plan Filing Period Extended to July 15 Victory Memorial Hospital and its debtor-affiliates ask the United States Bankruptcy Court for the Eastern District of New York to further extend the exclusive periods to: a. file a Chapter 11 plan of reorganization until Nov. 15, 2007;... Read More |
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