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Part four: Bankruptcy Inc.
Somewhere in the third year of Tribune Co.'s marathon Chapter 11 proceeding, U.S. Bankruptcy Judge Kevin Carey looked out at a Delaware courtroom packed with high-priced attorneys and conceded the case had broken down into what he called a...
Tags: Bonds, Prices, Financially Distressed Companies, Colleges and Universities, Judges
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Tribune Co. to emerge from bankruptcy Monday
The last day of 2012 is the first of a new era for Tribune Co. After spending more than four years embroiled in a contentious Chapter 11 bankruptcy case, the reorganized Chicago-based media company will emerge Monday under new owners and a newly...Tags: Peter Murphy, Satellite and Cable Service, Financially Distressed Companies, Television Industry, CareerBuilder
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Bankruptcy judge says he will approve Tribune Co. restructuring
Los Angeles Times Staff WriterAfter more than 31/2 years of bitter legal conflict, the judge in Tribune Co.'s bankruptcy case said he would approve a plan to transfer ownership of the Chicago media company to a group of hedge funds and banks based in Los Angeles and New York. But...Tags: Financially Distressed Companies, Television Industry, CareerBuilder, Judges, Bankruptcy
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RG Steel gets judge's OK for $767,000 in bonuses, stipends
A federal bankruptcy judge approved RG Steel's $767,000 "retention" plan for 21 employees Tuesday over the sharp objections of the United Steelworkers. The payments, approved by Judge Kevin J. Carey in Wilmington, include stipends for health insurance...Tags: Unions, Health and Safety at Work, Employees, Bankruptcy, Judges
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Judge OKs pact ending health benefits for Sparrows Point workers
A settlement agreement ending health benefits for Sparrows Point workers Aug. 31 was approved Thursday in U.S. Bankruptcy Court in Wilmington, Del. The agreement, struck by mill owner RG Steel and the United Steelworkers union last week, also...
Tags: Financially Distressed Companies, Unemployment, Unemployment Benefits, Bankruptcy, Judges
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Court clears environmental appeal in Sparrows Point cleanup
A Delaware bankruptcy judge has allowed environmental groups to appeal RG Steel's plan to limit its investigation of potential toxic contamination in the waters surrounding Sparrows Point. While bankruptcy filings normally put all litigation on hold, U....
Tags: Financially Distressed Companies, Chesapeake Bay Foundation, Judges, Bankruptcy, Justice System
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Auction for Sparrows Point mill delayed
The auction for RG Steel's Sparrows Point steel mill, expected Tuesday, will be delayed by a week.
The sale of the Baltimore County facility as well as RG Steel's assets in Warren, Ohio, is now scheduled for 10 a.m. next Tuesday in New York.
Attorneys...Tags: Financially Distressed Companies, Unemployment, Bankruptcy, Nucor Corporation, Companies and Corporations
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RG Steel has until July 27 to sell Sparrows Point, agreement with lenders says
The owner of the struggling Sparrows Point steel mill faces a tight deadline — late July — to sell the plant and other assets under the terms of an interim loan for up to $50 million that a U.S. Bankruptcy Court judge approved Friday.
The...Tags: Trials, Financially Distressed Companies, Judges, Bankruptcy, Companies and Corporations
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Ripley's opens Odditorium at Harborplace
Ripley's Believe It or Not, one of the first of several new tenants opening for the summer tourist season at Harborplace in downtown Baltimore, will open Saturday in the Light Street Pavilion. Ripley Entertainment Inc. said exhibits at the Inner Harbor...Tags: China, Financially Distressed Companies, Lupus, Harry Potter (fictional character), Judges
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Court gives Sparrows Point mill more time to find a buyer
The Sparrows Point steel mill will have more time to find buyers — two to four weeks extra — under an agreement hammered out Thursday in the bankruptcy case.
Owner RG Steel's unsecured creditors had contended that the July 27 deadline to...Tags: Financially Distressed Companies, Baltimore Gas and Electric Co., Employees, Lakshmi Mittal, Bankruptcy
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Battery maker B456 Systems' bankruptcy plan approved
ReutersMay 21 (Reuters) - B456 Systems Inc, the lithium-ion battery maker which received a $249 million U.S. government grant, won court approval for its bankruptcy plan on Monday. Judge Kevin Carey approved the plan under which unsecured creditors of the...Tags: China, Dwayne Johnson, Financially Distressed Companies, Manufacturing and Engineering, Bankruptcy
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School officials are wary of proposed Westmont TIF
Westmont school officials are worried that a village redevelopment tool could cost the school system a lot of tax revenue. Community Unit School District 201 officials are asking parents to learn about the potential impact of a tax increment financing...
Jan 16, 2013
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Dec 30, 2012
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Jul 13, 2012
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Nov 20, 2012
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Aug 23, 2012
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Jul 17, 2012
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Jul 31, 2012
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Jun 1, 2012
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Jun 8, 2012
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Jun 25, 2012
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May 21, 2013
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May 15, 2013
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