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Bankruptcy

 

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Current Bankruptcy News Today

Houghton Mifflin files for bankruptcy protection
Houghton Mifflin Harcourt Publishers Inc. has filed for Chapter 11 bankruptcy protection after reaching an agreement to eliminate $3.1 billion of its debt.

Mon, 21 May 2012 08:55:45 -0700

Houghton Mifflin files Chapter 11 bankruptcy
(Reuters) - Houghton Mifflin Harcourt Publishers Inc filed for bankruptcy protection on Monday after the textbook publisher reached agreement with a majority of its creditors to cut about $3.1 billion of debt. The Boston-based company and two dozen affiliates filed for Chapter 11 protection in U.S. bankruptcy court in Manhattan. It said it had more than $1 billion in both assets and liabilities ...

Mon, 21 May 2012 06:39:39 -0700

Bankruptcy judge: 2003 sacrifices won't sway decision in American Airlines case
U.S. Bankruptcy Judge Sean Lane has made clear that past major concessions by union and nonunion employees won't affect American's current efforts to reject its labor contracts or the unions' efforts to fight American's motion.

Mon, 21 May 2012 11:17:15 -0700

Houghton Mifflin files for bankruptcy
PUBLISHING Houghton Mifflin files for bankruptcy Houghton Mifflin Harcourt Publishing Co., the publisher of authors from Mark Twain to J.R.R. Tolkien, sought bankruptcy protection to eliminate more than $3 billion in...

Tue, 22 May 2012 00:36:10 -0700

Dewey to consider bankruptcy filing: source
NEW YORK (Reuters) - Ailing law firm Dewey & LeBoeuf is considering a bankruptcy filing as new debtholders take a more aggressive track, shifting away from earlier attempts at an out-of-court liquidation, a person familiar with the matter said on Friday. The majority of Dewey's partners have quit as a result of concerns about compensation, and $225 million in bank loans and bond debt. ...

Fri, 18 May 2012 20:11:47 -0700

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