 |
 |
 |
COUDERT BROS: Disclosure Statement Hearing Moved to August 21
The U.S. Bankruptcy Court for the Southern District of New York moved the hearing to approve the disclosure statement describing Coudert Brothers LLP's Chapter 11 Plan of Liquidation from June 15, 2007, to Aug. 21, 2007, Bill Rochelle of Bloomberg News...
Read More |
 |
 |
DANA CORP: Court Approves USW & UAW Settlement Agreements
The Honorable Burton R. Lifland of the U.S. Bankruptcy Court for the Southern District of New York granted approval of the settlement agreements between Dana Corporation and each of the United Steel Workers and the United Auto Workers, as well as an investment...
Read More |
 |
 |
FORD MOTOR: Seeks Concessions as Labor Talks With UAW Start
General Motors Corp. and Ford Motor Company officially opened contract negotiations with the United Auto Workers Monday, seeking to win concessions that would reduce labor costs as they grapple with rising health care expenses and stiff competition, particularly...
Read More |
 |
 |
GENERAL MOTORS: Deal Hits Snag as Firms Shelve $3.1 Bil. Debt Sale
General Motors Corp.'s plan to sell Allison Transmission is facing a major hurdle after Wall Street firms postponed a sale of $3.1 billion in loans that would pay for the leveraged buyout of the unit by private-equity firms, the Wall Street Journal relates...
Read More |
 |
 |
GREGG APPLIANCES: Completes Tender Offer for 9% Senior Notes
Gregg Appliances Inc. has closed its tender offer and consent solicitation for its outstanding 9% Senior Notes due 2013...
Read More |
 |
 |
INTERNATIONAL COAL: Prices $180 Mil. of 9% Convertible Sr. Notes
International Coal Group Inc. has priced $180 million aggregate principal amount of 9% Convertible Senior Notes due 2012 in an offering exempt from the registration requirements of the Securities Act of 1933...
Read More |
 |
 |
LANDRY'S RESTAURANTS: Obtains Covenant Waiver from Lenders
Landry's Restaurants Inc. has obtained a waiver of the covenant requiring the company to timely deliver its audited financial statements and related certificates and schedules, as of and for the year ended Dec. 31, 2006, within 90 days after the end such...
Read More |
 |
 |
WR GRACE: Judge Fitzgerald Okays Sale of Washcoat Business
The Hon. Judith Fitzgerald of the U.S. Bankruptcy Court for the District of Delaware authorized W.R. Grace & Co. and its debtor- affiliates to sell their Washcoat Business to Rhodia, Inc., for $21.9 million...
Read More |
 |