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October 26, 2007 |
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AMERICAN HOME: Wants Sale of GNMA Servicing Rights Approved American Home Mortgage Investment Corp. and its debtor-affiliates ask the U.S. Bankruptcy Court for the District of Delaware for authority to sell rights to service loans backed by the Government National Mortgage Association to MidFirst Bank for an... Read More |
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CALPINE CORP: Ct. Denies Rosetta's Request to Dismiss Complaint The United States Bankruptcy Court for the Southern District of New York has denied the request of Rosetta Resources Inc. to dismiss Calpine Corp.'s fraudulent conveyance complaint, on the ground that it is uncertain at this time as to whether Calpine's... Read More |
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CHRYSLER LLC: 55% UAW Workers Vote to Accept Tentative Pact Results from four major Chrysler LLC plants in Michigan came in in favor of a tentative labor contract between the carmaker and the United Auto Workers union, tilting the ratification scale towards the approval of the pact, Josee Valcourt and Neal... Read More |
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DELPHI CORP: Wins Court Approval of $106 Mil. Interiors Sale Delphi Corporation and its affiliates have obtained the U.S. Bankruptcy Court of the Southern District of New York's approval to sell their global Interiors and Closures businesses for approximately $106 million to a wholly owned subsidiary of The... Read More |
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GREENPARK GROUP: Files Second Amended Chapter 11 Liquidation Plan Greenpark Group LLC and its debtor-affiliates filed with the U.S. Bankruptcy Court for the Central District of California a Second Amended Disclosure Statement describing their Second Amended Chapter 11 Plan of Liquidation... Read More |
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HOMEBANC MORTGAGE: Loan Servicing Sale Hearing Moved to Oct. 30 HomeBanc Mortgage Corporation and its debtor-affiliates have obtained an adjournment to Oct. 30, 2007, at 10:00 a.m., on the bankruptcy court hearing wherein they will seek approval to sell their loan servicing business to the highest bidder... Read More |
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SMURFIT-STONE: Posts $96 Million Net Loss in Third Quarter 2007 Smurfit-Stone Container Corporation reported third quarter 2007 net loss available to common shareholders of $96 million, compared to net income available to common shareholders of $21 million in the same period ended Sept. 30, 2006. These results... Read More |
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TRIBUNE CO: Unit To Sell Newspapers to Hearst for $62.4 Mil. Tribune Publishing, a division of Tribune Company, disclosed the sale of its Southern Connecticut Newspapers, The Advocate (Stamford) and Greenwich Time, to Hearst Corporation for $62.4 million. The newspapers will be managed by MediaNews Group,... Read More |
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