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Nextel carrier NII files for bankruptcy protection as debt soars
2014-09-16 08:47:12| Wireless - Topix.net
NII Holdings Inc, the parent of Nextel operators in Latin America, filed for U.S. bankruptcy protection on Monday after struggling for years with debt, fierce competition in Brazil and Mexico, and a dispute with a U.S. hedge fund. The company filed a voluntary petition for so-called Chapter 11 in U.S. Bankruptcy Court in New York, according to a filing.
Tags: files
protection
debt
carrier
NII Holdings files for bankruptcy
2014-09-16 00:29:40| Telecom - Topix.net
Reston-based NII Holdings filed for Chapter 11 bankruptcy reorganization Monday, a month after saying a bankruptcy filing was likely. The company, which sells a Nextel-branded wireless service in Latin America, announced the voluntary filing after the markets closed Monday.
Tags: files
bankruptcy
holdings
nii
Who Benefits From The Bankruptcy Of Trump Entertainment Resorts?
2014-09-15 20:00:24| Trucking - Topix.net
Atlantic City certainly does not benefit from the planned closure Trump Plaza and threatened closure of Trump Taj Mahal, the only remaining properties of Trump Entertainment Resorts, which filed for bankruptcy last week. The struggling city has seen a number of casino closures, for which many blame increasing competition from other states and from online gambling.
Tags: entertainment
benefits
bankruptcy
resorts
RadioShack in bankruptcy warning
2014-09-11 18:12:28| BBC News | Business | UK Edition
US electronics retailer RadioShack says that it is in talks to restructure the firm but warns that if an investment is not secured soon, it could be forced to declare bankruptcy.
Tags: warning
bankruptcy
radioshack
Detroit's CFO testifies in bankruptcy trial
2014-09-04 23:10:58| Energy - Topix.net
Graphic illustrates Detroit's slow decline into bankruptcy, featuring charts showing the city's population, unemployment rates and revenue decline.; 2c x 6 inches; 96.3 mm x 152 mm; A federal judge has ruled that BP's reckless conduct resulted in the nation's worst offshore oil spill, leaving the company open to billions of dollars in penalties. BP bears the majority of responsibility among the companies involved in the nation's worst offshore oil spill, a federal judge ruled Thursday, citing the energy giant's reckless conduct in a ruling that exposes the... Creditors who oppose the proposed settlement of Detroit's bankruptcy case have been having their say to the judge deciding whether to approve it.
Tags: trial
bankruptcy
cfo
testifies
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