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New Hope and Old Woes as Detroit Exits Bankruptcy

2015-01-04 15:21:41| Automakers - Topix.net

After the largest municipal bankruptcy in US history, Detroit hopes outsiders see its potential and not its history of racial conflict, financial crisis and dramatic population loss. The city, founded as a small French fort on the Detroit River that grew to be a hub of the global auto industry, emerged from bankruptcy last month after shedding almost $7 billion of its roughly $18 billion debt.

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SandRidge Energy And Its Potential Bankruptcy Risk

2014-12-25 19:28:39| Energy - Topix.net

SandRidge Energy is currently involved in several lawsuits including a class action lawsuit, in which its financial filings for 2012, 2013, and 2014 are no longer to be relied upon. An investor presentation in Nov. 2014 shows SandRidge assuming $90/bbl oil and $4.00/MMBTU natural gas, with a possible range from $80/bbl - $110/bbl and $3.50/MMBTU - $5/MMBTU respectively.

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A creditor has filed a bankruptcy petition at the district court of...

2014-12-23 18:26:35| Appliances - Topix.net

A creditor has filed a bankruptcy petition at the district court of Stockholm for Selena Oil & Gas Holding AB The CEO and the Board of Directors of Selena Oil Gas Holding AB have received a bankruptcy petition, filed at the district court of Stockholm . The petition has been filed by a creditor and has relationship to an unpaid debt.

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Detroit poised to exit bankruptcy

2014-12-09 23:59:29| BBC News | Business | UK Edition

The largest US city to go broke will officially exit bankruptcy on Wednesday, according to a letter from its emergency manager.

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Teen Apparel Retailer Delia's Files for Bankruptcy

2014-12-08 16:43:24| Apparel - Topix.net

Teen apparel retailer Delia*s Inc filed for Chapter 11 bankruptcy protection and said it had hired advisers to help liquidate its assets. The company listed total assets of $74 million and liabilities of $32.2 million in its filing on Sunday with a U.S. bankruptcy court.

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