unsecured creditor news
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Mainzeal liquidators bat away fraud questions
California City :: CA :: USA | 1 month ago
Credibility
Mainzeal liquidators were asked about the possibility of fraud at a creditors' meeting in Auckland today. But the liquidators batted away questions, saying they were still at an early stage of investigations into the failure of what was New Zealand's
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Creditors vote to liquidate Gunns
Launceston :: Australia | 3 months ago
Credibility
Around 80 people owed money by the former timber giant attended a second creditors meeting in Launceston on Tuesday, organised by administrator PPB Advisory. "The creditors resolved unanimously to wind up the Gunns group of companies," PPB's Daniel
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American Airlines, parent, creditors committee request more time to file reorganization plan
New York City :: NY :: USA | 4 months ago
Credibility
While you're filing your taxes at the last minute, American Airlines may be filing its plan of reorganization in its bankruptcy case...New York time Thursday, American, parent AMR and the unsecured creditors committee submitted a joint request that
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Shopping: save our streets | Editorial
London :: United Kingdom | 4 months ago
Credibility
save our streets All retailers are vulnerable, but the threat is redoubled for purveyors of products that have been overtaken by technology Editorial Sophisticated things can be said about the collapse this week of HMV , but two simple observations
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Syms wins approval of bankruptcy plan With equity payout
Wilmington :: NC :: USA | 9 months ago
Credibility
Bankruptcy Judge Kevin Carey in Wilmington, Delaware, approved Syms's plan to leave bankruptcy as a real-estate holding company and sell assets now valued at about $147 million. Carey delayed his ruling yesterday after a group of Syms unsecured
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Allans and Billy Hyde music enter receivership
Melbourne :: Australia | 9 months ago
Credibility
which trades as Billy Hyde and Allans, has been placed into receivership by one of its creditors. James Stewart and Brendan Richards from Ferrier Hodgson were appointed as administrators by Revere Capital, which is owed money by AMG, and immediately
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Obeid son likely to avoid $16.6m council debt
Sydney :: Australia | 9 months ago
Credibility
Describing Mr Obeid's conduct as ''dishonest and fraudulent'', in February Justice Clifford Einstein ordered him to pay the council $12,123,470 for secretly selling the council's poles overseas in breach of licensing agreements. With the debt
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RG Steel bonuses approved by federal judge
Baltimore :: OH :: USA | 10 months ago
Credibility
Trustee Program, which oversees bankruptcy cases, objected to the company's original plan. The proposal would "provide outsized rewards" even if the company's assets are liquidated at fire-sale prices rather than sold to new owners who will run them
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Bonuses Sought for Kodak Brass
Singapore :: Singapore | 10 months ago
Credibility
Now, he's asking permission to receive a bonus if he can get the company back out. The company on Wednesday asked a federal bankruptcy court in Manhattan for permission to pay 15 top executives and managers, including Mr. Perez, a total of up to $8.
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The house: $1.4m. The publicity: priceless
Melbourne :: Australia | 11 months ago
Credibility
Story continues below Energy Watch went into administration on May 18 with debts of $8.6 million including $886,000 in employee entitlements, $1.1 million to a secured creditor and $6.5 million to unsecured creditors, including the tax office...In
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