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October 16, 2007 |
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ASTRATA GROUP: Aug. 31 Balance Sheet Upside-Down by $10.7 Million Astrata Group Inc.'s consolidated balance sheet at Aug. 31, 2007, showed $5.6 million in total assets, $16.2 million in total liabilities, and $40,114 in minority interest, resulting in a $10.7 million total shareholders' deficit... Read More |
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CHAMPION PARTS: Case Summary & 16 Largest Unsecured Creditors Debtor: Champion Parts Inc. dba Champion Diesel, Inc. dba Champion Parts B. & T. dba Superparts Rebuilders dba Champion Parts Rebuilders dba Champion Parts Rebuilders, Inc. 2005 West Avenue B Hope,... Read More |
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CHAMPION PARTS: Files for Bankruptcy in Arkansas Champion Parts Inc. has filed a voluntary petition under Chapter 11 of the Bankruptcy Code with the United States Bankruptcy Court for the Western District of Arkansas to reorganize its financial obligations and capital structure... Read More |
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CHRYSLER LLC: Council Approves New Contract Ratification The UAW Chrysler Council, which includes local union leaders from Chrysler facilities throughout the United States, voted overwhelmingly to recommend ratification of a new tentative labor agreement with Chrysler reached on Oct. 10, 2007. Local unio... Read More |
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KITTY HAWK: Files for Bankruptcy Protection in Texas Kitty Hawk, Inc., and all of its wholly-owned subsidiaries Kitty Hawk Cargo, Inc., Kitty Hawk Ground, Inc., Kitty Hawk Aircargo, Inc. and KH Ground, Inc. filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code on Oct.... Read More |
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LAFAYETTE NEIGHBORHOOD: Files for Bankruptcy to Sell Properties Lafayette Neighborhood Housing Services Inc., on Oct. 12, 2007, filed for Chapter 11 protection with the U.S. Bankruptcy Court for the Northern District of Indiana... Read More |
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SENTINEL MANAGEMENT: Trustee Files $350 Mil. Suit vs. Executives Frederick Grede, the Chapter 11 Trustee appointed to oversee the estate of Sentinel Management Group, filed a $350 million lawsuit against founders and executives of Sentinel, the Chicago Tribune Reports... Read More |
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SOLUTIA INC: Files Consensual Plan of Reorganization Solutia Inc. filed a consensual plan of reorganization on Oct. 15, 2007, that has the support of all major constituents in its Chapter 11 case. The plan -- known as the fifth amended plan of reorganization -- was filed with the U.S. Bankruptcy Court... Read More |
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