Company Bankruptcies

1-10 of 60 results

MagnaChip Semiconductor planning IPO of $250M

AP News 12 hours ago

MagnaChip Semiconductor files to raise $250 million in initial public offering MagnaChip Semiconductor LLC, which recently emerged from bankruptcy protection, on Monday filed its intent to raise as much as $250 million in an initial public offering. The Korean maker of semiconductors ...

Judge approves Freedom reorganization plan

AP News 6 days ago

Freedom Communications wins court approval of Chapter 11 reorganization plan Newspaper and television company Freedom Communications won approval from a bankruptcy judge on Tuesday for a reorganization plan that would give key lenders ownership of the company. In exchange, the company's secured ...

Summary Box: Freedom reorganization plan approved

AP News 6 days ago

Summary Box: Freedom Communications wins court approval of Chapter 11 reorganization plan THE APPROVAL: A bankruptcy judge clears Freedom Communications' reorganization plan. THE PLAN: Key lenders would get ownership of the company and would cut the amount of debt that Freedom owes ...

Ind., Colo. casino owner files bankruptcy

AP News 7 days ago

Indiana, Colorado casino owner Centaur files for bankruptcy protection; casinos remain open The company that owns Indiana's Hoosier Park casino and horse track is putting its Colorado casino up for sale as it works to revamp its payments on at least $574 ...

Ind., Colo. casino owner files for bankruptcy

AP News 7 days ago

Indiana, Colorado casino owner Centaur files for bankruptcy protection; casinos remain open The company that owns Indiana's Hoosier Park casino and horse track and a Colorado casino has filed for Chapter 11 bankruptcy protection. Centaur LLC says normal operations will continue at ...

Orleans Homebuilders gets financing approval

AP News 10 days ago

Orleans Homebuilders, in bankruptcy protection, gets financing approval The developer Orleans Homebuilders Inc. said Friday that it has received approval from a Delaware bankruptcy court for financing to continue operating after filing for Chapter 11 protection. The builder said it received interim ...

Judge approves MediaNews parent's bankruptcy plan

AP News 11 days ago

Owner of MediaNews and its 54 daily newspapers gains approval of bankruptcy reorganization A bankruptcy judge approved Affiliated Media Inc.'s reorganization plan Thursday and freed the publisher of the San Jose Mercury News and 53 other daily newspapers from most of its ...

Newspaper publisher Journal Register names CFO

AP News 11 days ago

Newspaper publisher Journal Register names former Synarc CFO as its chief financial officer Journal Register Co., publisher of the New Haven Register in Connecticut and other newspapers, said Thursday it named the former chief financial officer of medical services company Synarc Inc. ...

Orleans Homebuilders files for protection

AP News 13 days ago

Orleans Homebuilders files for Chapter 11 bankruptcy protection after $350M loan default The developer Orleans Homebuilders has filed for Chapter 11 bankruptcy protection after defaulting on a $350 million loan last month. The company, based in Bensalem, Pa., said it was unable ...

CIT Group expects $900M loss in 4Q, $4B for year

AP News 14 days ago

CIT Group expects $900M fourth-quarter loss, $4B for year, but bankruptcy reorg should offset CIT Group Inc., a commercial lender forced into bankruptcy protection last year as customers fell behind on repaying loans, said Monday that it expects to report a loss ...

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