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September 13, 2007 |
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CALPINE CORP: Court Approves PTR Pact With Rosetta Resources A U.S. bankruptcy court approved the Partial Transfer and Release Agreement dated Aug. 3, 2007, between Calpine Corporation and Rosetta Resources, Inc. The PTR agreement states Calpine will firmly place legal title in Rosetta's name, as of the... Read More |
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CASTLE ROCK: Disclosure Statement Hearing Scheduled on October 1 The Honorable Karen S. Jennemann of the United States Bankruptcy Court for the Middle District of Florida will convene a hearing on Oct. 1, 2007, at 10:00 p.m., at 135 West Central Boulevard, 5th floor, to consider the adequacy of Castle Rock 25 Partners... Read More |
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CUSTOM FOODS: Judge Walsh Confirms Joint Chapter 11 Plan The Hon. Peter J. Walsh of the U.S. Bankruptcy Court for the District of Delaware confirmed, on Sept. 10, 2007, the Joint Chapter 11 Plan of Reorganization filed by Custom Food Products, Inc., and the Official Committee of Unsecured Creditors... Read More |
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GMAC LLC: Secures $21.4 Billion Funding from Citigroup Inc. GMAC LLC entered into an agreement with Citigroup Inc. pursuant to which Citi has committed to provide up to $21.4 billion in various asset-backed funding facilities. The Facilities replace an existing $10 billion asset-backed funding facility... Read More |
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INTERSTATE BAKERIES: Snubs Teamsters' Effort on Calif. Operations Interstate Bakeries Corporation has refused to consider putting the closing of Southern California bread operations on hold pending further discussions, International Brotherhood of Teamsters negotiators stated. It has also refused to guarantee that... Read More |
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KRISPY KREME: Posts $27 Million Net Loss in 2007 Second Quarter Krispy Kreme Doughnuts Inc. reported net loss of $27 million for the 2008 second quarter ended July 29, 2007, compared to a net loss of $4.6 million in the comparable period last year... Read More |
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METABOLIFE INTERNATIONAL: Judge Hargrove to Confirm Plan The Hon. John J. Hargrove of the U.S. Bankruptcy Court for the Southern District of California expects to confirm the Amended Joint Plan of Liquidation Metabolife International Inc., nka MII Liquidation Inc., and Alpine Health Products LLC, nka AHP... Read More |
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NORTHWEST AIRLINES: Court Rejects $4.2MM Bonuses for Attorneys Judge Allan Gropper of the the U.S. Bankruptcy Court for the Southern District of New York denied requests filed by Northwest Airlines Corp.'s lead law firm, Cadwalader, Wickersham & Taft LLP, for payment of a $3,500,000 bonus, according to The... Read More |
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