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Icelandic biotech firm files for chapter 11 with asset sale
14 years ago
Iceland-based biotechnology company deCODE Genetics filed for chapter 11 bankruptcy at the district of Delaware yesterday. -
US homebuilder ruling spooks distressed credit investors
14 years ago
A legal battle is currently ongoing at the US bankruptcy court for the southern district of Florida. -
US broadcasting company warns of bankruptcy
14 years ago
In its most recent SEC filing, Citadel Broadcasting reported that there is a possibility of it filing for chapter 11 bankruptcy. -
US credit card lender files for chapter 11
14 years ago
US credit card lender Advanta has filed for chapter 11 bankruptcy over the weekend in the US bankruptcy court for the district of Delaware. -
Laminate producer files for prepack chapter 11
14 years ago
US laminate manufacturer Panolam Industries International announced yesterday that it and its US affiliates filed for a prepackaged chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware. -
CIT files for prepackaged bankruptcy
14 years ago
CIT Group and CIT Group Funding filed for a pre-packaged, chapter 11 bankruptcy on Sunday at the US bankruptcy court for the southern district of New York. -
Capmark files for chapter 11 after rising losses
14 years ago
US commercial property lender Capmark Financial has filed for chapter 11 bankruptcy protection after revealing a $1.6 billion second quarter loss -
Indebted construction company files prepackaged chapter 11
14 years ago
Construction company Nortek Inc, the operating subsidiary of Nortek Holdings, filed for a prepackaged chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware today. -
BofA-Merrill finds high concentrations of MGM in some CLOs
14 years ago
Bank of America Merrill Lynch said in a research note that 62% of US CLOs have exposure to Metro Goldwyn Mayer -
Dealers vote for MGM credit event auction
14 years ago
LCDX dealers have voted to hold an auction for loan-only credit default swap transactions referencing film company Metro-Goldwyn-Mayer -
Senior loan holders lose Charter bankruptcy battle
14 years ago
Bloomberg and others report that Charter Communications has won its court battle to exit bankruptcy with $11.8 billion of pre-petition debt reinstated -
Distressed traders beat down loans after Tousa ruling
14 years ago
A bankruptcy court’s shock ruling for the bondholders of Florida homebuilder Tousa sent shockwaves through the distressed market this week -
Capmark bankruptcy imminent, says Reuters
14 years ago
According to a Reuters report, commercial real estate company Capmark Financial may file for chapter 11 bankruptcy imminently. -
Golf equipment maker joins bankruptcy club
14 years ago
Sports equipment manufacturer True Temper Sports filed for chapter 11 bankruptcy in the US bankruptcy court for the district of Delaware today. -
CIT fears mount as Pimco leaves steering committee
14 years ago
CIT credit default swaps moved wider today after it emerged that Pimco has quit the bondholder steering committee -
Canwest files for creditor protection after long battle
14 years ago
Canwest Media, the parent company to the National Post in Canada, announced today that it obtained an order for creditor protection under the Companies’ Creditors Arrangement Act (CCAA) from the Ontario Superio Court of Justice to launch a pre-packaged financial restructuring. -
CLOs face hit as media company files for bankruptcy
14 years ago
Questex Media, a provider of business-to-business media services, filed for chapter 11 bankruptcy at the US bankruptcy court for the district of Delaware on Monday. -
CIT speculation prompts HY/LCDX relative value debate
14 years ago
After a day of heavier flows through a falling CDX HY index yesterday, traders are looking to today’s resolution or otherwise of HY13 constituent CIT as the impetus for short-term trading strategies -
Insolvency - Australia: no time to waste
14 years ago
Australian directors who don’t act quickly can find themselves liable for some of their company’s debt -
US bedding company to file for chapter 11
14 years ago
Simmons Bedding will be filing for chapter 11 bankruptcy. -
Barzel Industires files for chapter 11 and CCAA
14 years ago
Barzel Industires, a US-domiciled metal-processing company, filed for chapter 11 bankruptcy the US bankruptcy court for the district of Delaware today. -
Newspaper operator files for chapter 11
14 years ago
Triple Crown Media, operator of newspapers in the state of Georgia, filed for bankruptcy today at the US bankruptcy court for the district of Delaware. -
Steel company files for chapter 11 in Ohio
14 years ago
Concord Steel, the subsidiary of Stamford Industrial Group, announced today that it has filed for chapter 11 bankruptcy in the US bankruptcy court for the district of northern Ohio. -
Dutch brokerage faces liquidation
14 years ago
Dutch brokerage firm Van der Moolen filed for bankruptcy in the court of Amsterdam late yesterday. -
Canadian natural resource developer files for chapter 11
14 years ago
A Calgary, Alberta-headquartered natural gas exploration and development company filed for chapter 11 bankruptcy in the US bankruptcy court yesterday.
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