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NEW YORK (AP) -- A bankruptcy judge approved a plan just after midnight Saturday under which Lehman Brothers will sell its investment banking and trading businesses to Barclays .
The deal was said to be worth $1.75 billion earlier in the week but the value was in flux after lawyers announced changes to the terms on Friday. It may now be worth closer to $1.35 billion, which includes the $960 million price ta...
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THE ASSOCIATED PRESS
...string of lawyers Tuesday about his company’s bid to sell its "good” parts into a new company and emerge from bankruptcy protection. GM, whose June 1 filing...brokered a deal for a stake in the company, those unions say they won’t...
Article
| Jul 1, 2009 BY ROD WALTON - TULSA WORLD
An energy trading company wholly owned by SemGroup...after SemGroup filed for bankruptcy, the buyer of those leases...In February, his former company and its unsecured creditors...five years prior to the company’s downfall. Neither...
Article
| Mar 7, 2009 BY THE ASSOCIATED PRESS
DETROIT — Bankruptcy protection for the nation...over two weeks away, the company’s top executive told...holding out hope that the company can restructure without...weeks away. However, the company must reach concessionary...
Article
| May 12, 2009 THE ASSOCIATED PRESS
...INDEPENDENCE, Kan. -- Crescent Oil Company Inc., a fuel supplier for...including Oklahoma, has filed for bankruptcy, citing volatile fuel prices...Saturday. A spokesman for the company did not immediately return...In court documents, the company said it and its subsidiaries...
Article
| Feb 9, 2009 Company gets new symbol and bankruptcy notation
BY DON MECOY
...price after the Tulsa company filed for bankruptcy protection Thursday...designating Global as a company in bankruptcy. Common...it didn't before bankruptcy. The financial problems...cash and credit. The company reported total debts...
Article
| Oct 3, 2006 BY RANDY ELLIS
...both resigned as the company is taking drastic...an effort to avoid bankruptcy. Crusader has cut...substantial doubt about the company’s ability to continue...is reached, the company may be forced to seek bankruptcy protection, officials...
Article
| Mar 20, 2009 Parent company sought bankruptcy protection
TRICIA PEMBERTON
...spokeswoman for the parent company said Monday. The closings come after parent company Footstar in Nyack, N...month filed for Chapter 11 bankruptcy, deciding to close 165...could not comment. "The company expects the closings to...
Article
| Mar 16, 2004 Broadband Wireless International Corp. announced Tuesday that the company has entered Chapter 11 bankruptcy reorganization following its exit from federal receivership and the dismissal of actions by the Security and Exchange Commission...
Article
| Jan 9, 2002 BY THE ASSOCIATED PRESS
...Chrysler would be pushed toward bankruptcy or even liquidation if it...would be unemployed if the company failed. Chrysler on Friday said it hired the prominent bankruptcy law firm of Jones Day to...Auburn Hills, Mich.-based company is running so low on cash that...General Motors Corp. if their companies would be forced into bankruptcy...
Article
| Dec 6, 2008 Often there are complaints about companies going out of businesses without paying employees...someone you've done business with files for bankruptcy, contact the federal trustee in the bankruptcy court. That way you may have a claim as a...
Article
| Jul 1, 2007 