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Building products maker USG Corp. announces to remove 500 jobs, or 10 percent of its salaried work force worldwide, as its products demand slashed by a slump in the housing market.
The Chicago-based company USG recently came out from the...
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AP, Washington
Can filing for bankruptcy help homeowners facing foreclosure?
made popular Oct 10 2008
AP, Newport News
Lawyers for Michael Vick asked a federal bankruptcy judge on Friday to appoint a mediator to help settle his debts to creditors, saying a third party might expedite a...
made popular Oct 3 2008
AP, Newport News
Lawyers for jailed quarterback Michael Vick are asking a federal bankruptcy judge to appoint a mediator to help settle his financial obligations with creditors.
made popular Oct 3 2008
AP, Newport News
Lawyers for Michael Vick have asked a federal bankruptcy judge to appoint a mediator to help settle his financial obligations with creditors.
made popular Oct 3 2008
Seven major Philippine banks had exposures to the now bankrupt Lehman Brothers investment bank, but only at “minimal” level. The total exposure of all seven...
made popular Sep 29 2008
AP, Wilmington
A Delaware bankruptcy court hearing on the proposed the sale of department store chain Boscov’s has been postponed until next week.
made popular Sep 25 2008
AP, New York
One week after Lehman Brothers filed the biggest bankruptcy in U.S. history, a big chunk of its work force is getting used to the idea of working for someone else.
made popular Sep 22 2008
AP, New York
Lehman Brothers in Europe has asked its U.S. counterpart to give back more than $8 billion that it says was trapped when Lehman’s holding company filed for...
made popular Sep 21 2008
AP, New York
A bankruptcy judge has approved a plan by Lehman Brothers to sell its investment banking and trading businesses to Barclays.
made popular Sep 20 2008
AP, New York
Lehman Brothers will seek initial approval of asset sales Tuesday afternoon in the first hearing scheduled in its day-old bankruptcy case.
made popular Sep 16 2008
AP, New York
Lehman Brothers will seek approval of asset sales Tuesday afternoon in the first hearing scheduled in its day-old bankruptcy case.
made popular Sep 16 2008
AP, New York
Lehman Brothers scheduled a hearing Tuesday afternoon in its bankruptcy case that could lead to the approval of an asset sale.
made popular Sep 16 2008
AP, New York
Lehman Brothers has scheduled a hearing in its bankruptcy case that could lead to a judge’s approval of an asset sale.
made popular Sep 16 2008
AP, New York
Lehman Brothers has filed for bankruptcy protection under the weight of $60 billion in soured real estate holdings.
made popular Sep 15 2008
AP, New York
Storied Wall Street firm Lehman Brothers Holdings Inc. says it intends to file for Chapter 11 bankruptcy protection.
made popular Sep 15 2008
AP, New York
Storied Wall Street firm Lehman Brothers Holdings Inc. says it intends to file for Chapter 11 bankruptcy.
made popular Sep 15 2008
AP, New York
Delphi Corp. and General Motors Corp. said Friday they have reached a new deal on the automaker’s role in Delphi’s bankruptcy that puts the supplier on...
made popular Sep 12 2008
AP, New York
Delphi Corp. and General Motors Corp. said Friday they have reached a new deal on the automaker’s role in Delphi’s bankruptcy exit, including the transfer...
made popular Sep 12 2008
AP, New Haven
A federal judge on Tuesday partially blocked one element of the nation’s recently overhauled bankruptcy law, saying that a provision restricting the advice...
made popular Sep 9 2008
AP, Birmingham
Alabama’s largest county offered a plan Friday to restructure its $3.2 billion sewer debt and, at least for now, put off filing the largest bankruptcy in U.S....
made popular Aug 29 2008
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Northwest Airlines Corp., the last major US carrier still in bankruptcy after the September 11 attacks that distressed the industry, won authorization to emerge from 20...
made popular May 19 2007
Northwest Airlines, the Eagan based carrier, stated that majority of its creditors have approved its reorganization plan, another key step in its plan to emerge from...
made popular May 10 2007
‘We’re free at last,” jubilant Delta Chief Executive Gerald Grinstein jumped at his toe as U.S. bankruptcy court allows Delta Air Lines Inc. to...
made popular May 1 2007
A US bankruptcy court on Wednesday gave Delta Air Lines Inc. the approval to exit bankruptcy at the end of this month. Delta Air Lines, the third- largest US carrier,...
made popular Apr 26 2007
Delta Inc. might finally bid adieu to its bankruptcy days. In a statement released on Monday, the company claimed that an unofficial voting by its creditors showed that...
made popular Apr 17 2007
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Bankruptcy Business Chicago Comair Court Protection delta Delta Air Lines Delta airlines Doug Steenland Eagan Ed Bastian Northwest Airlines September 14 2005 US Airlines USG Corp 