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September 27, 2007 |
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AMERICAN HOME: Court Approves WL Ross "Stalking Horse" Bidder American Home Investment Corp. disclosed yesterday that the U.S. Bankruptcy Court for the District of Delaware approved an entity sponsored by WL Ross & Company LLC as the stalking horse bidder for American Home's mortgage servicing platform and mortgage... Read More |
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FORD MOTOR: Four Firms Still On Track to Buy Jaguar & Land Rover Ford Motor Co.'s Jaguar and Land Rover still has four potential buyers left after two Indian firms, Mahindra & Mahindra and Cerberus, quit the buying race, Reuters reports, citing sources familiar with the matter... Read More |
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GENERAL MOTORS: Canada Plants Reopened Owe to Tentative UAW Pact General Motors Corp.'s Canada plants reopened Wednesday as a result of the company's tentative agreement with the United Auto Workers union, Reuters reports citing GM Canada public relations director Stew Low... Read More |
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GENERAL MOTORS: Inks Tentative Pact on New Labor Contract with UAW General Motors and the United Auto Workers union have reached a tentative agreement on a new national labor contract, covering approximately 74,000 represented employees. The agreement is subject to UAW member ratification.... Read More |
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MERIDIAN AUTO: Wants Final Decree Entered Closing Chapter 11 Cases Meridian Automotive Systems-Composites Operations, Inc., and its eight debtor-affiliates ask the U.S. Bankruptcy Court for the District of Delaware to enter a final decree closing their Chapter 11 cases pursuant to Section 350 of the Bankruptcy Code... Read More |
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SOLUTIA INC: Poised to Emerge After Chapter 11 Settlement Solutia Inc. has secured the support of all of the major constituents in its Chapter 11 cases for a consensual plan of reorganization... Read More |
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VONAGE HOLDINGS: Intends to Appeal $69.5 Million Sprint Verdict Vonage Holdings Corp. disclosed that it will seek to overturn Tuesday's U.S. District Court jury verdict in a patent infringement lawsuit brought by Sprint Communications Company L.P. and continue focusing on providing reliable, quality digital phone... Read More |
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WICKES INC: Disclosure Statement Hearing Scheduled on October 17 The Honorable Bruce W. Black of the United States Bankruptcy Court for the Northern District of Illinois will convene a hearing on Oct. 17, 2007, at 1:15 p.m., at 219 Southern Dearborn, Courtroom 615, to consider the adequacy of the Disclosure Statement... Read More |
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