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Air America to close, files for bankruptcy – Reuters

New York Daily News Air America to close, files for bankruptcy Reuters NEW YORK (Reuters) – Air America, a politically liberal talk-radio network, said on Thursday it would cease operations and file for Chapter 7 bankruptcy protection to begin an orderly wind down of its business. The radio network … Read …

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2010 01 22 admin Uncategorized Comments (0)

Air America to close, files for bankruptcy

NEW YORK (Reuters) – Air America, a politically liberal talk-radio network, said on Thursday it would cease operations and file for Chapter 7 bankruptcy protection to begin an orderly wind down of its business. Read more from the original source: Air America to close, files for bankruptcy View original post here: …

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2010 01 22 Baxter & Baxter, LLP Uncategorized Comments (0)

Trucker YRC’s debt exchange succeeds, shares drop

OVERLAND PARK, Kansas (Reuters) – U.S. trucking giant YRC Worldwide said on Thursday it averted bankruptcy by successfully negotiating a critical debt-for-equity exchange that wipes out $470 million in debt and gives the struggling company access to needed credit as it restructures. See the original post: Trucker YRC’s debt exchange …

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2009 12 31 admin Uncategorized Comments (0)

CIT creditor advisers seek bankruptcy option: source

NEW YORK (Reuters) – Advisers to large bondholders of CIT Group Inc are pushing to allow the company to restructure its debt with a prepackaged bankruptcy option if later debt exchanges fail to attract enough creditors, a source close to the negotiations said on Thursday. Go here to see the …

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2009 07 23 admin Uncategorized Comments (0)

Netanyahu says he seeks peace with Palestinians – Reuters

Reuters Netanyahu says he seeks peace with Palestinians Reuters HERZLIYA, Israel (Reuters) – Prime Minister Benjamin Netanyahu said on Thursday Israel hoped to forge peace with the Palestinians, but sidestepped a controversy over Jewish settlement that has stalled a resumption of negotiations. … Catastrophe? Israel bans ‘nakba’ from Arab … Link: Netanyahu …

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2009 07 23 Baxter & Baxter, LLP Uncategorized Comments (0)