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July 6, 2007 |
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HILTON HOTELS: Blackstone Merger Cues S&P to Lower Rating to BB- Standard & Poor's Ratings Services lowered its corporate credit rating on Hilton Hotels Corp to 'BB-' from 'BB+'. In addition, all existing ratings on the company were placed on CreditWatch with negative implications. The corporate credit rating... Read More |
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ALLIANCE PHARMA: March 31 Balance Sheet Upside-down by $11.3 Mil. Alliance Pharmaceutical Corp.'s consolidated balance sheet at March 31, 2007, showed $1.5 million in total assets and $12.8 million in total liabilities, resulting in an $11.3 million total stockholders' deficit. ... Read More |
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ARINC INC: Company Sale Cues S&P to Revise Watch to Negative Standard & Poor's Ratings Services revised its CreditWatch implications on the 'BB' corporate credit rating and other ratings on ARINC Inc. to negative from developing. "The revision follows the announcement that ARINC will be sold to the Carlyle... Read More |
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KARA HOMES: Disclosure Statement Hearing Moved to July 19 The United States Bankruptcy Court for the District of New Jersey moved the hearing to consider approval of the Disclosure Statement describing Kara Homes Inc. and its debtor-affiliates' Amended Chapter 11 Plan of Reorganization from July 6, 2007 to... Read More |
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1408 CATALPA: Case Summary & Five Largest Unsecured Creditors Debtor: 1408 Catalpa, L.L.C. 1904 North Clark Street Chicago, IL 60614 Tel: (312) 663-0004... Read More |
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RM PRECISION: Case Summary & 20 Largest Unsecured Creditors Lead Debtor: R.M. Precision Swiss of Nevada, Inc. 871 Grier Drive, Suite C Las Vegas, NV 89119... Read More |
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COLLINS & AIKMAN: Court Approves Deal with Customers & JPMorgan The Honorable Steven W. Rhodes approved a Post-June 30, 2007 Agreement among Collins & Aikman Corp. and its debtor-affiliates, JPMorgan Chase Bank, N.A., and as agent to the senior, secured prepetition lenders, and the Debtors' major customers, including... Read More |
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IMAX CORP: Default Notice Prompts S&P to Junk Ratings Standard & Poor's Ratings Services lowered its corporate credit and senior unsecured debt ratings on IMAX Corp. to 'CCC+' from 'B-'. The ratings remain on CreditWatch, with implications revised to developing from negative, to indicate possible upward... Read More |
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