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October 17, 2007 |
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CHRYSLER LLC: Will Fund Employees' Health Trust With $8.8 Bil. Chrysler LLC is obliged to contribute $8.8 billion to a voluntary employees' beneficiary association, or VEBA fund, that the union will use to cover the costs of retiree health care after 2010, when the fund becomes operational, under the newly ratified... Read More |
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COLLINS & AIKMAN: Joint Amended Plan Effective as of October 12 Collins & Aikman Corporation and its debtor-affiliates has notified the U.S. Bankruptcy Court for the Eastern District of Michigan that the effective date of their Plan was Oct. 12, 2007. The effective date comes about three months since the Debtors... Read More |
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DELPHI CORP: To Sell Interiors and Closures Biz for $106 Mil. Delphi Corporation (PINKSHEETS: DPHIQ) has entered into a master sale and purchase agreement with a wholly owned subsidiary of The Renco Group, Inc. for the sale of its global Interiors and Closures business. The agreement has been approved by Delphi's... Read More |
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MOVIE GALLERY: Case Summary & 30 Largest Unsecured Creditors Debtor: Movie Gallery, Inc. fdba Game Crazy fdba M.G. Midwest fdba Moovies, Inc. fdba Movie Gallery Asset Management, Inc. fdba Video Library, Inc. 900 West Main Street Dothan, AL 36301... Read More |
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MOVIE GALLERY: Files for Chapter 11 Protection in Virginia Movie Gallery, Inc. and certain of its subsidiaries filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Virginia, Richmond Division to re-align... Read More |
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MOVIE GALLERY: Gets Interim Approval on $140 Mil. DIP Financing Movie Gallery, Inc. disclosed the approval of all of its "first day" motions by the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division. Movie Gallery's Canadian operations were not included in the filing. The company received... Read More |
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PAC-WEST TELECOMM: Court Okays $2.9 Mil. Asset Sale to Colocation The Honorable Brendan L. Shannon of the U.S. Bankruptcy Court for the District of Delaware authorized Pac-West Telecomm Inc. and its debtor-affiliates to sell nonresidential real property leases and certain personal property to Colocation Acquisition... Read More |
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UAP HOLDING: Earns $35 Million in Quarter Ended August 26 UAP Holding Corp. disclosed financial results for the second quarter and first half of fiscal 2008 that ended on Aug. 26, 2007... Read More |
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