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Creditors Line Up Against Radioshack Plan

2015-02-20 09:24:56| Telecom - Topix.net

NEW YORK – RadioShack Corp. lenders are ganging up to stop the bankrupt electronics retailer from giving its biggest shareholder what they call a "special insider bonus" by allowing it to swap the chain's best stores for debt it bought a few months ago. Two groups of junior lenders say the company's plan will discourage would-be bidders for the stores.

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Creditors Line Up Against Radioshack Plan

2015-02-20 08:50:34| IT Services - Topix.net

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RadioShack Creditors Said to Include Harbinger's Insurer F&G

2015-02-11 05:01:21| Agriculture - Topix.net

Fidelity & Guaranty Life, the insurer backed by Harbinger Group Inc., helped finance RadioShack Corp. in a December 2013 loan that forestalled the retailer's bankruptcy. F&G participated in a $250 million loan that another Harbinger unit, Salus Capital Partners LLC, arranged for RadioShack, according to two people with knowledge of the funding who asked not to be identified because the deal was private.

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Austin Reed creditors approve CVA proposals

2015-02-06 15:23:00| Daily apparel & textile news and comment - from just-style.com

Creditors of Austin Reed Group have voted overwhelmingly to approve a Company Voluntary Arrangement (CVA), which will see the UK clothing retailer shutter 31 of its stores.

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