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Tag: bankruptcy
Otelco Files for Chapter 11 Bankruptcy; Debt Holders Support Restructuring Plan
2013-03-25 13:40:11| Telecom - Topix.net
Otelco Inc. voluntarily filed for Chapter 11 bankruptcy protection in order to implement its previously announced prepackaged restructuring plan that will reduce its overall debt by roughly $135 million.
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Otelco files for Chapter 11 bankruptcy
2013-03-25 01:00:00| Total Telecom industry news
U.S. telco's debt holders support restructuring plan.
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files chapter
UMWA chief blasts Patriot Coal bankruptcy move
2013-03-18 20:25:15| Energy - Topix.net
The top official with a national miners' union says bankrupt Patriot Coal's bid to cut retiree health care benefits, while seeking millions of dollars for executive bonuses, is immoral.
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coal
Analyst: Bankruptcy has been good to AMR investors
2013-03-16 12:50:06| Airlines - Topix.net
A lot of investors have bet that bankruptcy might not always be such a bad thing after all, and they've driven the stock of American Airlines' parent company higher than it was before the company filed its Chapter 11 petition.
Tags: good
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Bankruptcy trustee challenges Horton's severance package at AMR
2013-03-16 08:45:31| Airlines - Topix.net
The U.S. trustee in AMR Corp.'s Chapter 11 bankruptcy case has objected to American Airlines CEO Tom Horton's $19.8 million severance payment, arguing that the company hasn't explained why such a large sum is permissible under federal bankruptcy rules.
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