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August 16, 2007 |
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AMERICAN HOME: Creditors Panel Selects Hahn & Hessen as Counsel Hahn & Hessen LLP has been selected as counsel to the Official Committee of Unsecured Creditors in the Chapter 11 case of American Home Mortgage Investment Corp. filed in Delaware Bankruptcy Court on Aug. 6, 2007. Members of the Creditors Committee... Read More |
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ADVANCED HOMECARE: Moody's Junks Rating on Second Lien Term Loan Moody's Investors Service assigned a B3 Corporate Family Rating to Advanced Homecare Holdings, Inc. and a B2 rating to the company's first lien credit facility. Moody's also assigned a Caa2 rating to Advanced Homecare's second lien term loan. The... Read More |
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TARPON IND: Inks Loan Pacts with Laurus to Repay LaSalle Bank Tarpon Industries Inc. restructured its senior debt by entering into term loan and revolver credit facilities with Laurus Master Fund... Read More |
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THERMADYNE HOLDINGS: Strong Performance Cues S&P to Lift Rating Standard & Poor's Ratings Services raised its ratings on Thermadyne Holdings Corp., including its corporate credit rating to 'CCC+' from 'CCC'. In addition, Standard & Poor's removed the ratings from CreditWatch with positive implications, where they... Read More |
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NEWPARK RESOURCES: Inks $21.3 Million Asset Purchase Pact with SEM Newpark Resources Inc. has signed an asset purchase agreement with SEM Construction Company. Under the terms of the agreement, Newpark Resources is to acquire substantially all of the assets and operations of SEM for cash consideration of $21.3 million,... Read More |
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NATIONAL RECREATIONAL: Voluntary Chapter 11 Case Summary Debtor: National Recreational Communities, Inc. 536 Mountain Shadow Lane Bloomsburg, PA 17815... Read More |
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GENERAL MOTORS: Paying $0.25 Per Share Dividend on Sept. 10 General Motors Corp. has disclosed a third-quarter dividend of $0.25 per share on GM common stock. The dividend is payable Sept. 10, 2007, to holders of record as of Aug. 17, 2007. The dividend is unchanged from the previous quarter... Read More |
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LPATH INC: Posts $3.5 Million Net Loss in Quarter Ended June 30 Lpath Inc. Inc. reported a net loss of $3.5 million for the second quarter ended June 30, 2007, compared with a net loss of $1.5 million for the comparable period in 2006... Read More |
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