Bankruptcy News

Bankruptcy News




    Weirton Steel bankruptcy hearing delayed  06 Nov 2003
    WHEELING, W.Va. - A hearing on Weirton Steel Corp.'s proposed bankruptcy reorganization plan has been postponed until Nov. 14. A ... (Miami Herald, FL)

    A Reservist's Reward - - Bankruptcy  06 Nov 2003
    ...(CBS) On a sun soaked street in northern California, Air Force reservist Oscar Rodriguez is finally back home from active duty, where, as CBS News ... (CBS News)

    C&W Division May Declare Bankruptcy  06 Nov 2003
    WEB HOST INDUSTRY REVIEW) -- According to unnamed sources, the US Web hosting division of Cable and Wireless (cw.com) is expected to file for bankruptcy Friday ... (Web Host Industry Review)

    Bankruptcy Court Authorizes Collateral In Sierra Pacific ...   06 Nov 2003
    6 /PRNewswire/ -- Sierra Pacific Resources (NYSE: SRP - News) announced that the Bankruptcy Court of the Southern District of New York today ruled on the ... (Yahoo News (press release))

    Bankruptcy Court Authorizes Collateral In Sierra Pacific ...   06 Nov 2003
    6 /PRNewswire/ -- Sierra Pacific Resources (NYSE: SRP) announced that the Bankruptcy Court of the Southern District of New York today ruled on the amount and ... (PRNewswire (press release))

    Creditors Seek Judge's Removal in Asbestos Case  06 Nov 2003
    In move that could prolong and complicate an already contentious bankruptcy case, creditors of Owens Corning, which was driven into Chapter 11 proceedings by ... (New York Times)

    NRG Energy, Inc. Reaches Settlement to Resolve Connecticut ...   06 Nov 2003
    The settlement agreement is subject to regulatory and legal approvals, including the US Bankruptcy Court and the Federal Energy Regulatory Commission (FERC). ... (Business Wire (press release))

    Backers of bankrupt Mount Carbon tract want second chance  06 Nov 2003
    ...asking a judge to overturn Jefferson County commissioners' rejection of an amended service plan Mount Carbon says is the key to its emergence from bankruptcy. ... (Rocky Mountain News, CO)

    Martz commits money to PSC  06 Nov 2003
    ...interests in the NorthWestern Corp. bankruptcy case, her press secretary confirmed Wednesday night. The Martz administration hasn ... (Great Falls Tribune, MT)

    UNION COAL MINERS SET TO HOLD PROTEST  06 Nov 2003
    ...today to draw attention to the plight of thousands of miners -- many from Southern Illinois -- who stand to lose health care benefits because of bankruptcy ... (The Southern Illinoisan, IL)

    Peregrine to deliver new shares  06 Nov 2003
    If the settlement is approved by the bankruptcy court, the new shares could be distributed by mid-December or early January, Peregrine chief executive John ... (San Diego Union Tribune, CA)

    PSC member urges close look at NWC  06 Nov 2003
    ...hasn’t filed any documents in US Bankruptcy Court seeking to give bonuses to retain its top executives, a state regulator said Tuesday the Public Service ... (Montana Forum, Montana)

    BUSINESS IN BRIEF  06 Nov 2003
    A federal bankruptcy judge has approved the sale of Farmland Industries Inc.' s share of a Utah fertilizer company and its Coffeyville, Kan., fertilizer ... (Wichita Eagle, KS)

    Bankruptcy Bill has cleared first reading  Nov 5, 2003
    The House yesterday passed the first reading of the Bankruptcy Bill and a related bill on a bankruptcy court and court procedures. ... (Bangkok Post, Thailand)

    DHS bankruptcy hearing continued  Nov 5, 2003
    RIVERSIDE -- Attorneys for Desert Hot Springs and silver Sage Partners Ltd., the city’s largest creditor in its bankruptcy proceeding, will be back in court ... (The Desert Sun, CA)

    AmeriKing Selling Off Burger King Restaurants in Bankruptcy ...   Nov 5, 2003
    5, 2003 - By Sandra Guy, Business Reporter - The Chicago area's Burger King operator is selling off the restaurants, market by market, under a bankruptcy ... (Seafood.com)

    Redback bankruptcy leaves shares at 36 cents  Nov 4, 2003
    Redback Networks, a once high-flying maker of networking equipment, on Monday filed a pre-packaged Chapter 11 bankruptcy plan to remove its $467 million in debt ... (San Jose Mercury News, CA)

    Court waves through Worldcom bankruptcy plan  Nov 3, 2003
    US telecoms company WorldCom has won court approval for its reorganisation plan and should emerge from bankruptcy in early 2004. ... (The Register, UK)

    Redback files for bankruptcy  Nov 3, 2003
    Network-gear maker Redback Networks filed on Monday a Chapter 11 bankruptcy plan that would erase $467 million in debt. The plan ... (CNET News.com)

    Judge Approves MCI Bankruptcy Plan  Nov 3, 2003
    A federal judge Friday approved the bankruptcy plan for WorldCom Inc., clearing the way for it to legally change its name to MCI, settle with creditors and ... (E-Commerce Times)

    Judge approves MCI Chapter 11 plan to emerge from bankruptcy  Nov 3, 2003
    NEW YORK - The judge overseeing MCI's bankruptcy approved the company's plan to emerge from the biggest bankruptcy in US history, a financial reorganization ... (Redlands Daily Facts, CA)

    WorldCom set to emerge from bankruptcy  Nov 3, 2003
    The stage is set for troubled telco WorldCom to emerge from bankruptcy, following the approval of the company’s reorganisation plan by a federal court on ... (Out-Law.com, UK)

    Redback Files for Bankruptcy, Shares Drop  Nov 3, 2003
    ...(RBAK), a maker of network equipment, on Monday filed for Chapter 11 bankruptcy protection, sending its shares down 18 percent. ... (MSN Money)

    Managing Holiday Credit, Debt and Bankruptcy in Today's Economy  Nov 4, 2003
    4 /PRNewswire/ -- Bankruptcy experts are worried that rising consumer confidence and the ease of obtaining multiple credit cards means many holiday shoppers ... (PRNewswire (press release))

    Judge denies Andujar motion to suppress evidence in bankruptcy ...   Nov 4, 2003
    CAMDEN - A US District Court judge denied a motion by Vineland Dr. Edward Andujar to suppress evidence seized in a case that charges Andujar with bankruptcy ... (Press of Atlantic City, NJ)

    Redback Networks files for bankruptcy  Nov 3, 2003
    DENVER — Redback Networks Inc. made a long-anticipated filing for Chapter 11 bankruptcy in US Bankruptcy Court in San Jose, Calif. on Monday (Nov. 3). ... (CommsDesign)

    MCI to emerge from bankruptcy next year  Nov 3, 2003
    Though experts presumed that the company would eventually come out of bankruptcy, it was thought by many that the process would take far longer. ... (ElectricNews.net, Ireland)

    Radio Unica files for bankruptcy protection  Nov 3, 2003
    ...owns stations covering 13 major markets for Hispanic listeners, including Houston, has filed for protection from creditors under Chapter 11 of the bankruptcy ... (Houston Business Journal, TX)

    Redback Files Bankruptcy Plan  Nov 3, 2003
    ...(RBAK), a maker of network equipment, on Monday said it has filed for Chapter 11 bankruptcy protection, sending its shares down 18 percent. ... (MSN Money)

    Woman receives year in prison for hiding property in bankruptcy ...   Nov 4, 2003
    CEDAR RAPIDS --- A woman was sentenced to a year in federal prison for fraudulently concealing property while filing a bankruptcy petition, the US Attorney's ... (Waterloo Cedar Falls Courier, IA)

    MCI Bankruptcy Plan OK'd, But Hurdles Remain  Nov 3, 2003
    Despite Friday's approval by Judge Arthur Gonzalez of MCI's reorganization plan, just 16 months after it filed the largest Chapter 11 bankruptcy case, the No. ... (MENAFN, Middle East)

    Land where calling an ambulance is first step to bankruptcy  Nov 3, 2003
    The hospital sent debt collectors after her who called her all hours of the night, at home and work, until she gave in and was forced into bankruptcy. ... (Guardian, UK)

    Is your super protected from bankruptcy?  Nov 3, 2003
    It took 13 years for the High Court to finally get the chance to decide whether or not a super contribution made just before bankruptcy was protected. ... (Money Management, Australia)

    Bankruptcy filings show ups, downs  Nov 3, 2003
    By Nadia Gergis staff writer. While St. Lucie County had a sharp drop in personal bankruptcy filings for the nine months ending Sept. ... (Stuart News, FL)

    Chi - Chi ’ s bankruptcy won ’ t hurt Greenwood restaurant  Nov 3, 2003
    Although Chi-Chi’s Inc. has filed for bankruptcy and some other locations may close, the Greenwood restaurant will remain open, a regional manager said. ... (Johnson County Daily Journal, IN)

    Bankruptcy buyouts TruFoods focus  Nov 3, 2003
    The company that began on Third Street in the 1940s said it will seek Chapter 11 bankruptcy protection and sell out to TruFoods, which could be running ... (WBRZ, LA)

    MHF Logistical Solutions Not Connected To MHF, Inc., Bankruptcy ...   Nov 3, 2003
    PRNewswire/ -- MHF Logistical Solutions, Inc., transportation logistics and packaging specialists, said today that it is not connected to the recent bankruptcy ... (Yahoo News (press release))

    Judge Clears WorldCom's Exit From Bankruptcy  Nov 1, 2003
    A federal bankruptcy judge approved WorldCom Inc.'s reorganization plan yesterday, a breakthrough for a telecommunications company that has been controlled by ... (BizReport, Denmark)

    Judge approves MCI plan to emerge from bankruptcy  Oct 31, 2003
    NEW YORK (AP) - The judge overseeing MCI's bankruptcy approved the company's plan to emerge from the biggest bankruptcy in US history, a financial ... (San Jose Mercury News, CA)

    WorldCom Wins OK to Exit Bankruptcy  Nov 1, 2003
    ...won court approval Friday to exit the biggest bankruptcy filing in US history, allowing the company to emerge by early next year with a fraction of its ... (Los Angeles Times, CA)

    MCI can emerge from bankruptcy protection: US judge  Nov 1, 2003
    NEW YORK : MCI, formerly known as WorldCom, has been given the green light to emerge from bankruptcy, after 15 months of restructuring and revelations of the ... (Channel News Asia, Singapore)

    Bankruptcy Judge Set To Rule on WorldCom  Oct 31, 2003
    A federal bankruptcy judge said he will issue a final decision on WorldCom Inc.'s proposed reorganization plan Friday, potentially putting the ... (BizReport, Denmark)

    Bankruptcy Judge Set To Rule on WorldCom  Oct 30, 2003
    30 -- A federal bankruptcy judge said he will issue a final decision on WorldCom Inc.'s proposed reorganization plan Friday, potentially putting the ... (Washington Post)

    Judge Clears WorldCom's Exit From Bankruptcy  Oct 31, 2003
    A federal bankruptcy judge approved WorldCom Inc.'s reorganization plan yesterday, a breakthrough for a telecommunications company that has been controlled by ... (Washington Post)

    Judge approves MCI plan to emerge from bankruptcy  Oct 31, 2003
    NEW YORK (AP) — The judge overseeing MCI's bankruptcy approved the company's plan to emerge from the biggest bankruptcy in US history, a financial ... (USA Today)

    Judge approves MCI's plan to emerge from bankruptcy  Nov 1, 2003
    New York -- The judge overseeing MCI's bankruptcy approved the company's plan to emerge from the biggest bankruptcy in US history, a financial reorganization ... (Indianapolis Star, IN)

    Bankruptcy court approved Ross' bid to buy Burlington Industries  Oct 30, 2003
    LLC for North Carolina textile maker Burlington Industries was approved Thursday by a federal bankruptcy judge in Delaware. US Bankruptcy ... (Miami Herald, FL)

    Bankruptcy Judge to Rule on MCI Ch. 11  Oct 30, 2003
    By Associated Press. NEW YORK — The judge overseeing MCI's Chapter 11 bankruptcy case said he will rule on its reorganization plan Friday. ... (Los Angeles Times, CA)

    Bankruptcy judge to rule on MCI Ch. 11  Oct 30, 2003
    NEW YORK -- The judge overseeing MCI's Chapter 11 bankruptcy case said he will rule on its reorganization plan Friday. US Bankruptcy ... (Seattle Post Intelligencer, WA)

    Bankruptcy Judge to Rule on MCI Ch. 11  Oct 30, 2003
    By Associated Press. NEW YORK -- The judge overseeing MCI's Chapter 11 bankruptcy case said he will rule on its reorganization plan Friday. ... (Newsday)

    WorldCom to emerge from bankruptcy  Nov 2, 2003
    A US judge has granted his approval to telecommunications company MCI, formerly known as WorldCom, for it to emerge from bankruptcy protection. ... (The Age, Australia)

    WorldCom emerges from bankruptcy  Nov 2, 2003
    A judge in the US granted approval to telecommunications company MCI, formerly known as WorldCom, for its to emergence from bankruptcy protection. ... (Australian IT, Australia)

    WorldCom cleared to exit from bankruptcy  Nov 1, 2003
    WorldCom, the telecommunications group now renamed MCI, was yesterday cleared to emerge from bankruptcy after a New York judge approved its reorganisation plan ... (Financial Times (subscription), UK)

    WorldCom can emerge from bankruptcy protection: US judge  Oct 31, 2003
    NEW YORK : A US judge granted his approval to telecommunications company MCI, formerly known as WorldCom, for it to emerge from bankruptcy protection. ... (Channel News Asia, Singapore)

    United sees exit from bankruptcy  Oct 29, 2003
    Chicago - United Airlines remains on track to emerge from bankruptcy late next spring and turn a profit for 2004 after seeing encouraging progress this summer ... (Independent Online, South Africa)

    Judge OKs WorldCom Bankruptcy Plan  Nov 1, 2003
    A federal judge Friday approved the bankruptcy plan for WorldCom Inc., clearing the way for it to legally change its name to MCI, settle with creditors and ... (New London Day (subscription), CT)

    Bankruptcy a way to avoid foreclosure  Nov 1, 2003
    Filing bankruptcy is gaining ground as a way for people to get out of debt, according to lenders, bankruptcy officials and financial counselors. ... (Lacrossetribune.com, WI)

    Desal builder files for bankruptcy  Oct 30, 2003
    The builder of the area's huge desalination plant filed for bankruptcy Wednesday, preventing Tampa Bay Water from firing the company and hiring someone else to ... (St. Petersburg Times, FL)

    WorldCom wins approval to exit largest bankruptcy  Nov 1, 2003
    ...won court approval to exit the biggest bankruptcy in US history, allowing the company to emerge by early next year with a fraction of its original debt and ... (Gannett Suburban New York Newspapers, NY)

    MCI's plan to emerge from bankruptcy OK'd  Oct 31, 2003
    NEW YORK - The judge overseeing MCI's bankruptcy has approved the company's plan to emerge from the biggest bankruptcy in US history. ... (Richmond Times Dispatch, VA)

    WorldCom gets judge's OK to exit biggest US bankruptcy  Oct 31, 2003
    NEW YORK - WorldCom Inc. won court approval on Friday to exit the biggest bankruptcy in US history. The action allows the company ... (St. Louis Dispatch, MO)

    Court clears WorldCom to exit from bankruptcy  Nov 1, 2003
    November 1, 2003 (Axcess News) New York - US bankruptcy judge, Arthur J. Gonzalez, yesterday approved the reorganization plan for WorldCom (OTC: WCOEQ.PK ... (Axcess Business News, NV)

    WorldCom set to exit bankruptcy  Nov 1, 2003
    US Bankruptcy Judge Arthur Gonzalez in Manhattan approved a restructuring that erases $36 billion of WorldCom debt and wipes out existing shares. ... (New York Daily News, NY)

    WorldCom's bankruptcy plan approved  Oct 31, 2003
    NEW YORK CITY, NY, Oct. 31 (UPI) -- WorldCom Inc.'s reorganization plan gained the approval Friday of a federal bankruptcy judge in New York. ... (MENAFN, Middle East)

    Bankruptcy court approves Ross' bid to buy Burlington Industries  Oct 30, 2003
    By PAUL NOWELL. A federal bankruptcy judge approved a $614 million buyout of textile maker Burlington Industries by WL Ross & Co. LLC. ... (Wilmington Morning Star, NC)

    MCI bankruptcy judge to rule on Chapter 11 plan by noon  Oct 30, 2003
    NEW YORK (Dow Jones/AP) -- The judge overseeing MCI's Chapter 11 bankruptcy case said he will rule on its reorganization plan Friday. ... (Sioux City Journal, IA)

    Pittsburg station owner files for bankruptcy  Oct 31, 2003
    Radio Unica Communications Corp., the owner of a Spanish language AM radio station in the East Bay, said Friday it has filed for Chapter 11 bankruptcy ... (East Bay Business Times, CA)

    Lawmakers seek session to aid PSC during NWC bankruptcy  Nov 1, 2003
    15 to authorize spending money for two state agencies to hire outside experts to represent consumers in NorthWestern Corp.’s bankruptcy proceedings. ... (Montana Forum, Montana)

    Barrymore facing bankruptcy  Oct 31, 2003
    Michael Barrymore is facing bankruptcy after being hit with a tax bill for almost £1million. Inland Revenue officials have applied ... (This is London, UK)

    WorldCom can emerge from bankruptcy protection: US judge  Oct 31, 2003
    NEW YORK: A US judge has granted his approval to telecommunications company MCI, formerly known as WorldCom, for it to emerge from bankruptcy protection. ... (Economic Times, India)

    Bankruptcy Judge Approves MCI's Plan of Reorganization  Oct 31, 2003
    31 /PRNewswire-FirstCall/ -- Today US Bankruptcy Court Judge Arthur J. Gonzalez approved MCI's Plan of Reorganization, setting the stage for the company's ... (Yahoo News (press release))

    Barrymore faces bankruptcy  Oct 31, 2003
    By Paul Sims, Evening Standard. Disgraced comic Michael Barrymore is facing bankruptcy after being hit with a £1.4 million tax bill, it emerged today. ... (This is London, UK)

    Bankruptcy Judge Approves WorldCom Reorg  Oct 31, 2003
    WASHINGTON – MCI/WorldCom Inc., which filed for bankruptcy protection in the aftermath of its mammoth accounting scandal last year, won court approval this ... (Ziff Davis, NY)

    Piccadilly cafeterias files bankruptcy; sale pending  Oct 30, 2003
    Piccadilly filed for bankruptcy Wednesday, clearing the way for the sale, which still needs approval from bankruptcy court. The. ... (KTBS, LA)

    Dynegy fights back from brink of bankruptcy  Nov 2, 2003
    ...into a different company. A year after edging toward bankruptcy, Dynegy is a comfortable distance from failure. Gone are the cash ... (Holland Sentinel, MI)

    Piccadilly files for bankruptcy , sells assets to investor group  Oct 30, 2003
    To complete the sale, Piccadilly filed for Chapter 11 bankruptcy protection Wednesday. The buyers said they expect to close the sale in January. (WBRZ, LA)

    Piccadilly files for bankruptcy, sells campany's assets to ...   Oct 30, 2003
    To complete the sale, Piccadilly filed for Chapter 11 bankruptcy protection Wednesday. The buyers said they expect to close the sale in January. ... (Baton Rouge Advocate, LA)

    Bankruptcy judge OKs sale of three Jones units  Oct 31, 2003
    CHARLOTTE, NC - A bankruptcy judge has approved the sale of three subsidiaries of JA Jones Inc., a key step in the ongoing divestiture of the Charlotte-based ... (Kansas City Star, MO)

    Builder of Tampa Bay desalination plant files for bankruptcy  Oct 30, 2003
    TAMPA, Fla. - The builder of a desalination plant expected to be the nation's largest has filed for bankruptcy, preventing Tampa Bay Water from firing the ... (Miami Herald, FL)

    MCI cleared to exit bankruptcy  Oct 31, 2003
    US telecoms firm MCI, formerly known as WorldCom, has been given the all-clear to emerge from bankruptcy protection. A US court ... (BBC News, UK)

    Desalination Builder Declares Bankruptcy  Oct 30, 2003
    By Associated Press. TAMPA, Fla. -- The builder of a desalination plant expected to be the country's largest declared bankruptcy after the facility had problems ... (Newsday)

    Desalination Builder Declares Bankruptcy  Oct 30, 2003
    TAMPA, Fla. (AP) - The builder of a desalination plant expected to be the country's largest declared bankruptcy after the facility had problems turning water ... (Guardian, UK)

    Desalination Builder Declares Bankruptcy  Oct 30, 2003
    TAMPA, Fla. - The builder of a desalination plant expected to be the country's largest declared bankruptcy after the facility had problems turning water from ... (Kansas City Star, MO)

    Bankruptcy record alert  Oct 31, 2003
    ...report, the company said that in the first and second quarters of this year alone 1657 Scots have been sequestrated - the Scottish legal term for bankruptcy. ... (The Scotsman, UK)

    Bankruptcy used to restructure costly leases  Oct 31, 2003
    For example, a number of midsize Bay Area businesses are looking to Chapter 11 bankruptcy code as a way to cancel or restructure expensive, long-term office ... (Silicon Valley Business Ink, CA)

    Builder of Tampa Bay desalination plant files for bankruptcy  Oct 30, 2003
    The builder of a desalination plant expected to be the nation's largest has filed for bankruptcy, preventing Tampa Bay Water from firing the company and hiring ... (Sarasota Herald-Tribune, FL)

    Bankruptcy judge OKs sale of three Jones units  Oct 31, 2003
    A bankruptcy judge has approved the sale of three subsidiaries of JA Jones Inc., a key step in the ongoing divestiture of the Charlotte-based construction ... (Times Daily, AL)

    Reptron files for bankruptcy protection  Oct 31, 2003
    By KELLY GRINSTEINNER. HIBBING — Operations at Reptron Hibbing are expected to go uninterrupted despite the company’s filing for bankruptcy. ... (Hibbing Daily Tribune, MN)

    Even if MCI Bankruptcy Judge Plays 'Halloween Trick' on American ...   Oct 31, 2003
    31 /PRNewswire/ -- If Federal bankruptcy Judge Gonzalez rules today to allow MCI to move forward in its bankruptcy proceeding, it will be the equivalent of a ... (Yahoo News (press release))

    Rate rise to fuel bankruptcy  Oct 30, 2003
    HE predicted rise in interest rates will fuel an increase in personal bankruptcy levels, experts warned today. Financial and business ... (This is Money, UK)

    Desalination Builder Declares Bankruptcy  Oct 30, 2003
    TAMPA, Fla. (AP)--The builder of a desalination plant expected to be the country's largest declared bankruptcy after the facility had problems turning water ... (Dayton Daily News, OH)

    Bankruptcy ensnares banks large and small  Nov 2, 2003
    By that time, however, Sprint's local owner had sold out to North Charleston-based Bargain, which filed for bankruptcy protection less than six months later. ... (Charleston Post Courier, SC)

    Samsung Group Faces Lawsuit From Creditors  06 Nov 2003
    ...the listing of Samsung Life, considered the only breakthrough in the feud, there seems to be no end so we have no choice but to sue Samsung,’’ a creditor ... (Korea Times, South Korea)

    Directors face fresh challenge  06 Nov 2003
    The court held that it would be patently incongruous for a creditor to be denied rights under section 424 in circumstances where the recklessness or fraud ... (Independent Online, South Africa)

    Legal Labyrints  06 Nov 2003
    However, since May of 2000, Law No. 26/2000 Coll., on public auctions, has been in force, allowing creditor satisfaction out of court. ... (Prague Tribune, Czech Republic)

    Land Deal Opens Door to Protecting 147500 Acres of Chilean ...   06 Nov 2003
    ...the bankruptcy of the forestry company, Bosques SA The land acquisition was facilitated by FleetBoston Financial Corporation, the largest major creditor of ... (U.S. Newswire (press release), DC)

    Distribution of disgraced penny stock king's assets begins  06 Nov 2003
    The biggest creditor, the Securities and Exchange Commission, will receive approximately $17.5 million; lawyers representing investors in Hibbard, Brown & Co ... (Miami Herald, FL)

    Weirton Steel bankruptcy hearing delayed  06 Nov 2003
    ...predictable. They say each creditor is jockeying for position, hoping it will be paid first if or when the company emerges from bankruptcy. (Miami Herald, FL)

    Measure Would Hold Credit Reports Up to the Light  06 Nov 2003
    And a provision of the bill the House passed earlier this year would let consumers complain directly to their creditor, rather than the credit bureau, as the ... (Washington Post, DC)

    IMF to start final review of Indonesian economy  06 Nov 2003
    ...receive financial assistance from the IMF, but also that Indonesia will no longer be eligible for debt rescheduling facilities from the Paris Club of creditor ... (Xinhua, China)

    Japan, US ink revamped tax pact to spur investment  06 Nov 2003
    Japan, which runs a huge current account surplus, is the world's largest creditor nation and stands to benefit from dividend tax cuts. ... (Forbes)

    Abattoir workers to get part of owed money  06 Nov 2003
    ...members in the house," he said. Mr Kelly says the Federal Government has now been made first creditor. "So the Federal Government will ... (ABC Regional Online, Australia)

    Lauda back in business  06 Nov 2003
    German airline Aero Lloyd, which flew passengers for travel firms TUI AG and Thomas Cook, filed for insolvency last month after its main creditor and stake ... (Bangkok Post, Thailand)

    Triggering WCM's breakup  06 Nov 2003
    Investment and property company WCM came under pressure on Wednesday after creditor banks declared loans of EUR600 million to investment subsidiary Sirius in ... (Frankfurter Allgemeine, Germany)

    The Hockey News  06 Nov 2003
    ...alternative is watching teams like Carolina, Nashville, Pittsburgh and Florida take the big dirt nap, their belongings sold off to the first available creditor ... (ESPN)

    Debt collecting  06 Nov 2003
    Even if a creditor wins a court judgment that orders the debtor to pay up and licenses bailiffs to repossess property, the debt remains unpaid in most cases. ... (Economist (subscription), UK)

    Alternative Fuel reports $1M Q3 loss  06 Nov 2003
    CALGARY — Alternative Fuel Systems Inc.'s third-quarter loss widened as the company continued to struggle under creditor protection. ... (Toronto Star, Canada)

    Get a free TV when you fly Air Canada  06 Nov 2003
    ...purchases other than flights. The acquisition fell through following Air Canada's filing for creditor protection. Aeroplan's main rival ... (National Post, Canada)

    Carich collapse may go to court  06 Nov 2003
    ...school, Ascent. * Are you a student, teacher, creditor, supplier, employee or parent of someone affected by the Carich collapse? Email ... (New Zealand Herald, New Zealand)

    Judge says ‘ not now ’ to receiver for car dealerships  06 Nov 2003
    But if a major creditor decides to collect on unpaid bills, it could force the business to close and sell off assets to get at its cash. ... (The Desert Sun, CA)

    Study finds 'unreasonable' fares on 7 Air Canada routes in ...   06 Nov 2003
    But it said Air Canada's current status as a company under creditor protection from its creditors prevents it from taking immediate action. ... (CBC News, Canada)

    Land Deal Opens the Door to Protecting 147500 Acres of Chilean ...   06 Nov 2003
    When FleetBoston learned of the significance of this forest, they made a corporate decision to balance their interests as a creditor with their commitment to ... (The Nature Conservancy, VA)

    Power Struggle In Windsor  06 Nov 2003
    Key players who the late Tom Joy left in charge of his estate and his beloved track are reportedly fighting to reduce the powers of Robert Jones, a creditor ... (Standardbred Canada, Canada)

    Owners not liable for worker injuries  06 Nov 2003
    As a creditor, you must file a claim in the bankruptcy court. The court will then divide all the assets between all the creditors. ... (Nueces County Record Star, TX)

    Golf club makes an exit  06 Nov 2003
    ...[the McConnell proposal] and we got approval from RCCPP," or Raleigh Country Club Preservation Partners, the club's largest creditor, said club president Dan ... (Raleigh News, NC)

    Creditors include his own attorney  06 Nov 2003
    Fiascki told the judge he might retain Cozen & O'Connor, a Philadelphia firm listed as a creditor for $15,428.40 on Fiascki's bankruptcy petition. ... (Philadelphia Inquirer, PA)

    LEGAL NOTICES  06 Nov 2003
    THE RIGHT TO VERIFICATION OF THE DEBT AND IDENTITY OF THE ORIGINAL CREDITOR WITHIN THE TIME PROVIDED BY LAW IS NOT AFFECTED BY THIS ACTION. ... (Cottonwood County Citizen, MN)

    Kingston Smith demands more than £ 900k of creditor's recovery  Nov 5, 2003
    London, England -- (OfficialSpin.com) -- 05/11/03 -- Justin P. Fletcher, a solicitor representing Kingston Smith & Partners LLP in connection with matters ... (OfficialSpin)

    Redback Networks Files Plan to Conclude Restructuring with ...   Nov 3, 2003
    Redback Networks Inc. (Nasdaq:RBAK), a leading provider of broadband networking systems, today announced that it has filed a voluntary ... (Business Wire (press release))

    Kingdom Is Iraq ’ s Largest Creditor  Oct 28, 2003
    BAGHDAD, 29 October 2003 — Iraq owes Saudi Arabia $25 billion (SR93.75 billion), making the Kingdom the war-ravaged country’s largest creditor, Al-Riyadh ... (Arab News, Saudi Arabia)

    Saudi Arabia Is Iraq's Largest Creditor  Oct 28, 2003
    BAGHDAD, 29 October 2003 — Iraq owes Saudi Arabia $25 billion (SR93.75 billion), making the Kingdom the war-ravaged country's largest creditor, Al-Riyadh ... (MENAFN, Middle East)

    Mumbai man sets creditor on fire  Oct 27, 2003
    Pestered allegedly for money, a person set his creditor afire in a fit of fury at Ambedkar Nagar slums in suburban Chembur on Sunday night, police said. ... (Hindustan Times, India)

    Ivaco's creditor protection extended to Nov. 24  Oct 15, 2003
    Oct 15 (Reuters) - Steelmaker Ivaco Inc , which obtained bankruptcy protection in September, said on Wednesday an Ontario court had extended its creditor ... (Forbes)

    Metatec wants to reorganize, sell to major creditor  Oct 20, 2003
    ...filed for Chapter 11 bankruptcy protection Monday with a plan to sell its operations to its chief creditor, though the deal may leave other creditors and ... (Bizjournals.com)

    Joint tenant's creditor can target all of property  Oct 11, 2003
    A: If a creditor has a court judgment against a joint tenant, unless the joint tenancy property is exempt from foreclosure of a judgment lien (perhaps because ... (Akron Beacon Journal, OH)

    Idaman Unggul sees Nov 30 as creditor deadline for listing  Oct 20, 2003
    By Thomas Soon, 9.32pm. Idaman Unggul Bhd is targeting to be listed in place of Idris Hydraulic (Malaysia) Bhd by Nov 30 following ... (The Edge Daily, Malaysia)

    PhilRealty creditors OK debt payment scheme  Nov 4, 2003
    PHILIPPINE Realty & Holdings Corp. said Wednesday majority of its creditor banks agreed to a payment in kind arrangement to settle its loan obligations. ... (Philippines Daily News, Philippines)

    Samsung Motors' creditors set to sue group  Nov 5, 2003
    ...again to push for Samsung Life's listing, which was expected to be a breakthrough for the settlement of Samsung Motor's debt," a senior official at a creditor ... (Korea Herald, South Korea)

    Govt seek ways to ease debt burden  Nov 5, 2003
    The minister said that if creditor nations offered schemes to reduce the debt burden, the government would consider the options after studying them carefully. ... (Jakarta Post, Indonesia)

    From sound finance to new mercantilism  Nov 5, 2003
    ...military. Stern assertion of the rights of creditor, national or private and full or effectual discharge of all liabilities. Profound ... (Business Standard, India)

    Judge tells Haren get insurance, settle bills  Nov 3, 2003
    Chattanooga. Stinnett also expressed concerns over requests by a creditor for payment from the Haren Co. had not been answered. ... (Daily Post Athenian, TN)

    CT Classic: Fallow Time  Nov 4, 2003
    For the creditor, debt is an asset, an account receivable. Like all forms of wealth, it can enslave its owner, for debt grants power to the creditor. ... (Christianity Today)

    Your 3 worst debt consolidation moves  Nov 4, 2003
    They pass along your payments to the creditor -- some debit directly from your checking account -- and get back a 10% to 15% percent slice that the relieved ... (MSN Money)

    Hidden clause allows credit card companies to raise your rate ...   Nov 3, 2003
    In a nutshell, even if you have excellent credit and a high credit score, if you slip up in making a payment to another creditor, such as your phone or ... (Fort Lauderdale Sun Sentinel, FL)

    Intervid - REPORT ON PROCEEDINGS AT ANNUAL GENERAL MEETING AND ...   Nov 4, 2003
    ...of interest which they both have as a result of being directors of both the company and RFS Holdings Limited, the Intervid group's principal loan creditor ... (News24, South Africa)

    PGS Emerges From Chapter 11  Nov 5, 2003
    ...creditors. Nordea will send instructions regarding how to transfer the shares to an account specified by each respective creditor. ... (Yahoo News (press release))

    Hub International Posts Strong Growth for Third Quarter 2003; ...   Oct 30, 2003
    One of our financial institutions products - creditor-placed insurance - suffered from the convergence of several external factors. ... (Business Wire (press release))

    India merging very fast with global economy: Sen  Nov 5, 2003
    ...underdevelopment faced by it. The country, he said, has emerged as a creditor to the International Monetary Fund. Referring to the ... (Rediff, India)

    Intervid Directors Step Down  Nov 5, 2003
    The conflict of interest arises from the fact that the two are also directors of RFS Holdings, the group's principal loan creditor. ... (AllAfrica.com, Africa)

    Young Wha Accounting Faces W90 Bil. Lawsuit  Oct 22, 2003
    Creditor banks of SK Networks (formerly SK Global) have decided to file a 90 billion damage claim ($76.2 million) against the fraud-ridden trading company’s ... (Korea Times, South Korea)

    Nashville City Paper  Nov 4, 2003
    ...unpaid. Davis is the largest unsecured creditor on file in Gregory's bankruptcy case. Other controversy surrounds the house. Legal ... (Nashville City Paper, TN)

    Report calls for more flexible insolvency laws  Nov 5, 2003
    ...calling for simplified bankruptcy laws that would make it easier for a company to open up long-term contracts when it is trying to restructure under creditor ... (Ottawa Business Journal, Canada)

    Unevenly Yoked  Nov 5, 2003
    ...and forgiven or re-structured. For in the long run both debtor and creditor nations will benefit from such action. As long as the ... (YaleGlobal Online, CT)

    BTC Co. confident of raising $2.5 bln for pipeline project  Nov 5, 2003
    He did not say on what terms the money would be lent, but he did say each creditor would charge different rates and issue loans for varying terms, but within ... (Interfax, Azerbaijan)

    Lauda Back In Airline Business  Nov 5, 2003
    German airline Aero Lloyd, which flew passengers for travel firms TUI and Thomas Cook, filed for insolvency last month after its main creditor and stake holder ... (Airwise)

    Giant steel firm submits P7-B bid to reopen NSC  Nov 4, 2003
    ...the Department of Trade and Industry have been working with the NSC management committee, composed of the Securities and Exchange Commission and NSC creditor ... (Philippines Daily News, Philippines)

    DHS bankruptcy hearing continued  Nov 5, 2003
    RIVERSIDE -- Attorneys for Desert Hot Springs and silver Sage Partners Ltd., the city’s largest creditor in its bankruptcy proceeding, will be back in court ... (The Desert Sun, CA)

    Trust lawsuit targets former Kmart executives for millions in ...   Oct 24, 2003
    The Kmart Creditor Trust was formed under Kmart's reorganization plan to pursue claims on behalf of creditors for the former Kmart Corp., said Richard Chesley ... (MLive.com (subscription), MI)

    The Fruad Broad  Oct 31, 2003
    But try to actually collect and it goes way beyond just having to "find the assets." In most states, the creditor is actually blocked, not only from locating ... (Pensacola Gulf Herald, FL)

    Arts & the Law: Working Your Way Out of Debt  Oct 21, 2003
    The way it works is this: The credit agency will attempt to verify the data by contacting the creditor, who may or may not be interested in providing ... (Back Stage, NY)

    Writing off bad debts for tax deductions  Oct 27, 2003
    Since the write-off provides benefits to a corporate creditor in terms of the tax saving equal to the effective tax rate that is applicable to such creditor ... (Bangkok Post, Thailand)

    Government to raise Rp 8t in privatization proceeds  Nov 4, 2003
    ...for the government in the future, particularly as the country would no longer be eligible to certain financing facilities from the Paris Club of creditor ... (Jakarta Post, Indonesia)

    US Waives $34m of Zambia's Debt  Nov 4, 2003
    Mr Magande said the debt cancellation arose from the agreement of the provisions of the September 2002, 8th Paris Club meeting of creditor countries. ... (AllAfrica.com, Africa)

    Guarantee for creditors revoked  Nov 4, 2003
    Mr Sita said the lifting of the guarantee was not expected to affect investor or creditor confidence, given the overall improvement in the stability of the ... (Bangkok Post, Thailand)

    ASIC chases One.Tel Rich's assets  Nov 3, 2003
    ASIC said it believed that if those civil proceedings were successful, it would itself become a One.Tel creditor, thus allowing the latest round of court ... (The Age, Australia)

    Ex-US Envoy: Iraq Economy Needs Reform  Nov 4, 2003
    ...he said. "If you do business with murderous dictators, you take that risk as a creditor.". McPherson also assured Sen. Chuck Hagel ... (Newsday)

    RETAIL-JAPAN-DAIEI (UPDATE 1)  Oct 29, 2003
    TOKYO, Oct 29 (Reuters) - Creditor banks of troubled Japanese retail giant Daiei Inc <8263.T> are haggling over details of a plan to reduce its huge debt as it ... (Forbes)

    Lawsuit Targets Former Kmart Executives  Oct 24, 2003
    Any money recovered by the Kmart Creditor Trust, formed as part of a reorganization, would go toward the discount chain's debts, said Richard Chesley, an ... (San Jose Mercury News, CA)

    25 need-to-know credit-scoring terms  Nov 4, 2003
    Collection: A creditor's attempt to recover a past-due payment by turning the account over to a collection department or company. ... (Bankrate.com)

    Hint of hope for debt-ridden companies  Nov 1, 2003
    Godbole said that the inter-creditor agreement (ICA) has been signed by 65 banks out of 109, both in the public and private sector. ... (Calcutta Telegraph, India)

    The stench of our currency  Nov 3, 2003
    The Federal Government accuses the creditor-nations, the Central Bank accuses the federal and state governments’ recklessness in disbursing funds for ... (Daily Times of Nigeria, Nigeria)

    Ch. 11 filing includes Marion firm  Nov 3, 2003
    According to bankruptcy records, about half of the 30 largest unsecured creditors are from Ohio. Moody's investment makes him the 14th-largest creditor. ... (Marion Star, OH)

    Blue Ribbon Downs sold prior to scheduled auction  Nov 3, 2003
    The track’s biggest creditor was the city of Sallisaw at $2.7-million and the purchase by Backstretch LLC satisfied that debt. ... (Thoroughbred Times)

    RESTRUCTURING SAGA: TPI asset sales shelved  Nov 4, 2003
    Creditor banks voted back in 2000 to hire Effective Planner Ltd (EPL) as TPI's administrative planner, but EPL was removed by the bankruptcy court for failing ... (The Nation, Thailand, Thailand)

    Judge approves MCI Chapter 11 plan to emerge from bankruptcy  Nov 3, 2003
    After creditor claims and other settlements are paid off, MCI expects to have about $2.3 billion in cash and debt of about $5.8 billion, down from $41 billion ... (Redlands Daily Facts, CA)

    Featherlite Posts Third-Quarter Earnings; Increase of 12.6% in 3Q ...   Oct 30, 2003
    1,500 1,500 Checks issued not yet presented 2,122 1,408 Accounts payable 3,366 3,423 Motorcoach shell costs payable 5,743 5,655 Current portion trade creditor ... (Business Wire (press release))

    People on the move  Nov 3, 2003
    Donald Hostetler (associate, litigation); Daniel Drewry (associate, litigation); Amy Schoettle (associate, real estate); Joseph Huser (associate, creditor's ... (Indianapolis Star, IN)

    Telecom Italia operating profit up 11%  Nov 4, 2003
    ...on the speculation, which has taken varying forms since Mr Tronchetti Provera formed Olimpia with Banca Intesa and UniCredito Italiano, TI's main creditor banks ... (Financial Times (subscription), UK)

    Saddam's evil debts  Oct 23, 2003
    ...bank lending. The creditor has less control in structuring terms, but just as much reason to inquire after the use of proceeds. The ... (National Post, Canada)

    Improving your chance of redress  Oct 26, 2003
    A CREDITOR may need to submit a proof of debt for one of two purposes. A proof of debt is required if a creditor is to participate ... (The Scotsman, UK)

    Family finances: What happens to your debts after you die?  Oct 12, 2003
    But if you leave probated property, your heirs need to watch out. Probated property clearly is subject to a creditor's claim for the debt. ... (Pittsburgh Post Gazette, PA)

    The Foundation and Trust in Liechtenstein – their use in the ...   Nov 4, 2003
    Therefore the Foundation should be constituted at a time where no potential or possible creditor claims exist and the standard of living of the donor is ... (Mondaq News Alerts, United States)

    New election law in the works  Nov 2, 2003
    AFP said that SDKÚ had a debt of Sk68 million (€1.6 million) but that from its financial report it was not clear who the creditor was. ... (Slovak Spectator, Slovakia)

    BCI Announces Third Quarter Results  Oct 30, 2003
    A creditor that did not submit a proof of claim by the Claims Bar Date is not entitled to receive any payment in respect of that claim and is barred from ... (Business Wire (press release))

    Hub Posts Strong 3Q Growth  Nov 4, 2003
    One of our financial institutions products — creditor-placed insurance — suffered from the convergence of several external factors. ... (Insurance Journal)

    New charges levied in Law Centers case  Nov 4, 2003
    70 percent reduction range. The firm's fee was 28 percent of the total reduction of creditor claims. Former executive director Jerry ... (Bennington Banner, VT)

    Infamous oil property becomes conservation easement  Nov 4, 2003
    The oil well scam proved unsuccessful, and in 1926 a suit brought by a creditor led to foreclosure of the property by the county. ... (Montana Forum, Montana)

    Advanced Medien AG announces insolvency of its subsidiary TSC ...   Nov 3, 2003
    This step was triggered by an unexpected negative first-instance judgement handed down by the Munich Regional Court in a minor lawsuit with a creditor in ... (DPA OTS (Pressemitteilung), Germany)

    A Christmas Tree for Soldiers of 253rd  Nov 4, 2003
    19 this month), has given out $2,000 in grants to dependent family members. That money goes right to the creditor, Vey said. For ... (Cape May County Herald, NJ)

    Travelers Life & Annuity Offers Turnkey Approach for 412i ...   Nov 4, 2003
    ...tax-related benefits. (b) Consult a tax advisor regarding state creditor protection and federal bankruptcy laws. Neither Travelers ... (Business Wire (press release))

    Superseding indictment add new charges  Nov 3, 2003
    ...to 70 percent reduction range. The firm's fee was 28 percent of the total reduction of creditor claims. Most of the penalties in ... (Stamford Advocate, CT)

    Review - State Concerns : Tax Evaders Beware  Nov 2, 2003
    He said bilateral cooperation and debt swap deals with creditor countries were alternatives the government should explore, reported Antara. ... (Laksamana, Indonesia)

    The Phoenix  Nov 2, 2003
    ...may not be in accordance with your general estate plan objectives and may be especially problematic if a child is not financially responsible or has creditor ... (Phoenixville News, PA)

    Crime watch: Nov 3  Nov 3, 2003
    In PETALING JAYA, a Sari trader who went to collect money from a creditor was killed when she was stabbed twice in the abdomen in a squatter house in Kampung ... (Utusan Malaysia Online, Malaysia)

    The Gingiss Group Announces Purchase Agreement  Nov 3, 2003
    We believe that the transaction maximizes value for all creditor constituencies, will preserve jobs, and will provide for continued outstanding service to our ... (Yahoo News (press release))

    Bankruptcy buyouts TruFoods focus  Nov 3, 2003
    ...based. Bernstein went back to bankruptcy court as the largest creditor and foreclosed, forcing the owners to sell for $4 million. ... (WBRZ, LA)

    Does a Presidential Iraq Executive Order Take Away Tort Victims' ...   Nov 3, 2003
    ...(Indeed, the order explicitly says that a creditor cannot collect on a legally enforceable claim arising from Iraqi oil production.). ... (Findlaw.com, CA)

    Was SK Corp the best call?  Nov 3, 2003
    I cover financial institutions and Korean corporates, so we were quite tuned into all the developments from both the creditor and SK Corp side, which allowed ... (Financeasia.com, Hong Kong)

    Minerva Joins HSBC in a New Role  Nov 4, 2003
    ...of senior-level positions including global treasurer, a role in which he directed that firm's asset/liability management, capital raising activities, creditor ... (Business Wire (press release))

    Stelco raises spectre of bankruptcy restructuring  Oct 22, 2003
    Such restructuring in court would fall under the Companies' Creditor Arrangement Act in Canada, which has twice been used by northern Ontario's Algoma Steel in ... (Toronto Star, Canada)

    Suit seeks millions from ex-Kmart execs  Oct 23, 2003
    The Kmart Creditor Trust, set up in April with a $5-million retainer, will determine which former executives to sue for repayment of the loans plus interest. ... (Detroit Free Press, MI)

    Sidbi, AP govt to help in restructuring APSFC  06 Nov 2003
    Development Bank of India (SIDBI) and the Government of Andhra Pradesh today entered into a tripartite memorandum of understanding (MoU) for the restructuring ... (Business Standard, India)

    Advanced Power to undergo further restructuring  06 Nov 2003
    ...announced that it would take additional consolidation and restructuring actions that are expected to result in an estimated annual cost reduction of $1.4 ... (Electronic Buyers News)

    Integrated Business Systems & Services, Inc. Completes ...   06 Nov 2003
    ...(IBSS) (OTCBB: IBSS) today announced that it has successfully negotiated a major financial restructuring that is expected to materially enhance the Company's ... (Business Wire (press release))

    Cepheid Announces Restructuring of Collaborative Partnership With ...   06 Nov 2003
    ...(IDI) of Quebec, Canada, have executed a series of new agreements resulting in a restructuring of their previously existing collaborative relationship. ... (PRNewswire (press release))

    Agricultural and economic restructuring benefits rural areas  06 Nov 2003
    6 (VNA) - The number of poor households nationwide fell from 19 percent to 12.5 percent due to agricultural and economic restructuring in rural areas over the ... (Viet Nam News Agency, Vietnam)

    Halsey Pharmaceuticals Announces Restructuring of Operations  06 Nov 2003
    The restructuring is targeted for completion over the next 60 to 90 days and will result in a workforce reduction of approximately 70 employees in NY, 25 ... (Business Wire (press release))

    ISIS completes successful restructuring  06 Nov 2003
    Isis Information Systems (ISIS), a subsidiary of the JSE Securities Exchange-listed Altech group, has announced the successful completion of a restructuring ... (ITWeb, South Africa)

    Fundamental Restructuring of Austrian Airlines Group to be ...   06 Nov 2003
    The fundamental restructuring of the Austrian Airlines Group has to be continued if we are to look confidently forward to a successful future. ... (DPA OTS (Pressemitteilung), Germany)

    Soc Trang: Efficiency from economic restructuring in agriculture  06 Nov 2003
    VOVNews: Soc Trang has obtained good results through economic restructuring in agriculture, especially by shifting from rice cultivation to shrimp farming ... (Voice of Viet Nam, Vietnam)

    WebMD Reports Third Quarter Results  06 Nov 2003
    Income before taxes, non-cash, restructuring and other items for the quarter was $28.7 million or $0.09 per share compared to $31.1 million or $0.10 per share ... (Stock World, Germany)

    Japan Hot Stocks-Sparx Asset, NTT Data, Alps Electric, Fuji TV  06 Nov 2003
    0434 GMT **NTT DATA <9613.T> DOWN AS RESTRUCTURING COSTS HIT EARNINGS**. NTT Data Corp down 5.02 percent at 435,000 yen after Japan's ... (Forbes)

    $13.1 Billion Planned For Schools  06 Nov 2003
    Approximately one-third of the funds proposed is allocated toward restructuring and improvement of the city schools that are struggling the most. ... (Western Queens Gazette, NY)

    Cumulus Reports Third Quarter 2003 Results  06 Nov 2003
    ...operating income before depreciation and amortization, LMA fees, corporate general and administrative expenses, non-cash stock compensation and restructuring ... (Business Wire (press release))

    Aquila Reports Third Quarter Net Loss of $169.9 Million, ...   06 Nov 2003
    ...operations. The company is continuing to execute its restructuring plan, which to date has generated $1.9 billion from asset sales. ... (Business Wire (press release))

    Asyst Technologies Reports Results for Second Quarter of Fiscal ...   06 Nov 2003
    Results for the fiscal second quarter included restructuring charges of $0.5 million and other severance costs of $0.3 million. ... (Business Wire (press release))

    Internet Capital Group Announces Financial Results for Third ...   06 Nov 2003
    ...impacted by the $30.4 million non-cash accounting charge associated with the aforementioned debt for equity exchanges offset by $8.8 million in restructuring ... (PRNewswire (press release))

    Top Venezuelan court judges fired, lawyers protest  06 Nov 2003
    In a ruling published this week by the Judicial Restructuring Commission, four magistrates of the five-member Administrative First Court were sacked and a ... (MSNBC)

    Randy Benson Appointed Chief Restructuring Officer of Ivaco Inc.  Nov 5, 2003
    5, 2003--Gordon D. Silverman, President and CEO of Ivaco Inc., today announced that Randy Benson has been appointed Chief Restructuring Officer (CRO) to lead ... (Business Wire (press release))

    Tyco Restructuring to Cut Jobs  Nov 5, 2003
    Tyco International Ltd. will slash about 7,200 jobs as part of a restructuring plan and sell off 50 businesses, including its undersea fiber-optic network. ... (Newsday)

    City council approves fire department restructuring  Nov 5, 2003
    A restructuring of Hopkinsville Fire Department will put more firefighters and emergency medical technicians (EMTs) in the trucks and available for response to ... (Hopkinsville Kentucky New Era, KY)

    Hollywood Casino Shreveport in Debt Restructuring Talks  Nov 5, 2003
    ...(NasdaqNM:PENN) , is in negotiations with representatives of noteholders regarding a possible restructuring of its debt or other possible resolution. ... (Casino City Times, MA)

    Greater Jobs to hold restructuring public discussion  Nov 5, 2003
    A public forum will be hosted by Greater Jobs Thursday to discuss the restructuring proposals that could affect Albert Lea economic development. ... (Albert Lea Tribune, MN)

    WELLMAN PRESIDENT RESIGNS FOLLOWING RESTRUCTURING  Nov 5, 2003
    Clifford Christenson, US PET resin producer Wellman's president and chief executive, has resigned following the company's announcement of additional cost ... (Plastics In Packaging, UK)

    Housing Authority to add to its staff;Supes OK restructuring  Nov 5, 2003
    By Nate Searing. BISBEE -- The Cochise County Board of Supervisors unanimously approved a plan Tuesday to restructure the county ... (Sierra Vista Herald, AZ)

    Horizon Group Properties Begins Loan Restructuring  Nov 4, 2003
    ...(HGP) (Nasdaq: HGPI - News), an owner, operator and developer of factory outlet centers and land developer, today announced that it had begun restructuring ... (Yahoo News (press release))

    RESTRUCTURING SAGA: TPI asset sales shelved  Nov 4, 2003
    To maintain TPI's status as the largest integrated petrochemical complex in Southeast Asia, the planner has to try to get the company out of debt restructuring ... (The Nation, Thailand, Thailand)

    RR Donnelley Reports 3rd Quarter 2003 Results Affirms 2003 Full- ...   Nov 5, 2003
    Included in the above results for the third quarter of 2003 are restructuring and impairment charges of $2 million ($1 million after-tax, or 1 cent per diluted ... (Yahoo News (press release))

    Shipyard reform plan unveiled  Nov 5, 2003
    Gonzi started by giving an overview of government policies on the shipyards, including the setting up of the task force which had discussed the restructuring ... (Valletta Times, Malta)

    Tyco Restructuring Could Cost 7,200 Jobs  Nov 4, 2003
    ...combine some others. Tyco said the restructuring will result in the loss of 7,200 jobs and save $230 million a year by 2005. The job ... (WFtv.com, FL)

    VA healthcare poised for restructuring  Nov 3, 2003
    ...and lawmakers who would see their local VA hospital close, Anthony Principi, secretary of veterans affairs, says he is optimistic that a major restructuring of ... (Honolulu Advertiser, HI)

    Restructuring charges widen Aurora's Q3 loss  Nov 3, 2003
    Aurora Foods Inc. saw its third quarter loss widen on financial restructuring charges and excess leverage fees. The company reported ... (St. Louis Business Journal, MO)

    Restructuring 'vital' to save the glorious game  Nov 4, 2003
    ...game run by money. To prevent similar scenarios in future, Mr Fynn believes a radical restructuring is needed. And his system would ... (Edgware Times, UK)

    JL French losses jump on restructuring charges  Nov 4, 2003
    JL French Automotive Castings Inc. reported that its losses grew during the third quarter because of restructuring and other charges of more than $100 million. ... (Twin Cities Business Journal, MN)

    Tyco Posts Loss, Initiates Restructuring  Nov 4, 2003
    BOSTON (Reuters) - Tyco International Ltd. (TYC) said on Tuesday it posted a loss in the fiscal fourth-quarter as it initiated a divestiture and restructuring ... (MSN Money)

    Fitch Takes Rating Actions On Punch Securitisations Following ...   Nov 3, 2003
    ...international rating agency, has today taken rating actions on both Punch Taverns Finance Plc's and Punch Funding II Limited's notes, following a restructuring ... (Business Wire (press release))

    DTN Completes Restructuring  Nov 3, 2003
    As expected, Data Transmission Network Corp. emerged from its "prepackaged" reorganization process in just five weeks. As a result ... (High Plains Journal, KS)

    Argentina makes light of banks setback in debt talks  Nov 5, 2003
    Five of 12 shortlisted banks have decided not to participate in managing the restructuring, including three of the four top underwriters of Latin American debt ... (Financial Times (subscription), UK)

    APP signs debt restructuring deal  Oct 30, 2003
    The company signed the restructuring agreement with the Indonesian Bank Restructuring Agency (IBRA), and creditors led by nine foreign government export-credit ... (Jakarta Post, Indonesia)

    Asia Pulp and Paper signs debt restructuring deal with creditors  Oct 30, 2003
    Singapore-based Asia Pulp and Paper is finally making progress in sorting out its mountain of debt with the signing of a debt restructuring deal with its ... (Channel News Asia, Singapore)

    DCM group to undergo restructuring  Nov 1, 2003
    NEW DELHI: In a bid to turn around the loss making company and repay its Rs 415 crore debt, DCM on Saturday announced a major restructuring plan involving the ... (Economic Times, India)

    UAL posts loss, says restructuring on track  Oct 30, 2003
    Airlines, Thursday reported a much narrower quarterly net loss as the world's second-largest air carrier continued a massive court-protected restructuring. ... (Crain's Chicago Business, IL)

    UAL Says Restructuring Is on Track  Oct 30, 2003
    Airlines, on Thursday reported a much narrower quarterly net loss as the world's second-largest air carrier continued a massive court-protected restructuring. ... (MSN Money)

    Sony Plans Restructuring , Cuts 20000 Jobs  Oct 30, 2003
    Sony will cut 20,000 jobs, 7,000 of them in Japan, over the next three years as part of a major restructuring plan, the electronics giant announced yesterday. ... (Gamers.com)

    Shipyards' restructuring plan: government registers two new ...   Oct 31, 2003
    VALLETTA, Malta (di-ve news)--October 31 2003 -- 1535CET Updated 1610CET-- The government on Friday registered two new companies according to the restructuring ... (di-ve.com, Malta)

    NAMING HOSPITAL CHIEF TIED TO RESTRUCTURING  Oct 31, 2003
    WESTERLY - Westerly Hospital officials now say an interim chief administrator may be named as part of an overall restructuring plan expected to be outlined ... (Westerly Sun, RI)

    GAAP EPS of $0.21; excluding restructuring charges, EPS was $0.24  Oct 30, 2003
    Excluding restructuring charges, non-GAAP net income in the third quarter was $4.0 million, or $0.24 per fully diluted share, compared with net income of $2.3 ... (Real Market (press release))

    Seabrook to cut about 90 jobs as part of restructuring  Oct 31, 2003
    ...of the Seabrook nuclear power plant plan to cut its work force by about 90 jobs - a little over 10 percent - next year as part of an ongoing restructuring, a ... (Concord Monitor, NH)

    Evercel Announces Corporate Restructuring and Investment in ...   Oct 30, 2003
    HINGHAM, Mass., Oct. 30 /PRNewswire-FirstCall/ -- Evercel, Inc. (Nasdaq: EVRC - News), today announced its intention to significantly ... (Yahoo News (press release))

    Evercel Announces Corporate Restructuring and Investment in ...   Oct 30, 2003
    HINGHAM, Mass., Oct. 30 /PRNewswire-FirstCall/ -- Evercel, Inc. (Nasdaq: EVRC), today announced its intention to significantly reduce ... (PRNewswire (press release))

    ZTBL restructuring to benefit small farmers  Nov 2, 2003
    The most important result of the restructuring so far is that the bank is at a stage where it plans to start the process of repaying State Bank of Pakistan ... (Daily Times, Pakistan)

    HC Nod For DCM Restructuring  Nov 1, 2003
    NEW DELHI, NOVEMBER 1: The Vinay Bharat Ram-controlled DCM group has obtained the formal approval for its restructuring from the Delhi High Court. ... (Indian Express, India)

    FTI Consulting Hires Restructuring, Transaction, Tax and ...   Oct 30, 2003
    FTI announced that Steven Joffe joined the firm as senior managing director in its Business Turnaround & Restructuring practice, Jeffrey Manning joined FTI ... (PRNewswire (press release))

    Ericsson Reports Profit in the Third Quarter, Restructuring ...   Oct 30, 2003
    STOCKHOLM, SWEDEN--(BUSINESS WIRE)--Oct. 30, 2003--Ericsson (NASDAQ:ERICY) reports profit in the third quarter, restructuring excluded. ... (Business Wire (press release))

    FTI Consulting Hires Restructuring, Transaction, Tax and ...   Oct 30, 2003
    FTI announced that Steven Joffe joined the firm as senior managing director in its Business Turnaround & Restructuring practice, Jeffrey Manning joined FTI ... (Yahoo News (press release))

    PolyOne Announces Restructuring in Its Elastomers Business  Oct 31, 2003
    Corporation announced that it will close two manufacturing plants within its Elastomers and Performance Additives business segment as it acts on restructuring ... (Chemie.de (press release), Germany)

    Offshore Logistics Announces Restructuring of United Kingdom ...   Oct 30, 2003
    LAFAYETTE, La.--(BUSINESS WIRE)--Oct. 30, 2003--Offshore Logistics, Inc. (NYSE: OLG) (the "Company") announced today that it has begun a restructuring of its ... (Business Wire (press release))

    Military Update: Principi optimistic on restructuring of VA ...   Nov 1, 2003
    ...and lawmakers who would see their local VA hospital close, Secretary of Veterans Affairs Anthony Principi says he is "optimistic" that a major restructuring of ... (Pacific Stars and Stripes, Japan)

    Minimising the impact of restructuring  Oct 31, 2003
    ...“During the past months, we have actively been seeking ways how to minimise the impact which restructuring might have on workers and have kept our social ... (Malta Independent, Malta)

    Restructuring at IRI  Oct 30, 2003
    Information Resources, Inc has recently announced plans to eliminate about 5% of its workforce in the United States and Europe to occur through layoffs and the ... (Daily Research News Online, UK)

    BEMIS QUARTERLY RESULTS TAKE INTO ACCOUNT FLEXIBLE RESTRUCTURING  Oct 31, 2003
    Bemis Company has reported quarterly diluted earnings of $0.64 per share for the third quarter ended September 30, 2003. Third quarter ... (Plastics In Packaging, UK)

    Varian, Inc. Reports Record Sales For Fourth Quarter and Fiscal ...   Nov 5, 2003
    During the fourth quarter of fiscal year 2003, the company incurred restructuring costs totaling $3.8 million, which was slightly higher than the anticipated ... (Yahoo News (press release))

    GOVT PLANS TO BUILD ONE MILLION LOW-COST HOUSES  Nov 4, 2003
    The houses will be built on 588 hectares of land owned by the Indonesian Bank Restructuring Agency (IBRA) in 49 different places, such as Jakarta and environs ... (Antara (subscription), Indonesia)

    Charter Communications profits with restructuring  Nov 4, 2003
    ...largest cable provider, swung to a profit of $37 million in the third quarter, thanks to gains from a debt exchange as it wages a debt-shedding restructuring ... (Billings Gazette, MT)

    Exelixis Announces Third Quarter 2003 Financial Results  Nov 5, 2003
    Excluding restructuring expense and non-cash charges for stock compensation and amortization of intangibles, the company reported a non-GAAP net loss of ... (Yahoo News (press release))

    APP to sign restructuring deal  Oct 29, 2003
    Asia Pulp & Paper Co. (APP) is expected to sign a long-awaited restructuring agreement with key creditors on Thursday, which would pave the way for the ... (Jakarta Post, Indonesia)

    Cadbury Schweppes poised to axe jobs in restructuring  Oct 24, 2003
    By Adam Jones, Consumer Industries Correspondent. Cadbury Schweppes is poised to announce details of a restructuring which will lead to significant job losses. ... (Financial Times (subscription), UK)

    Cadbury Schweppes poised to axe jobs in restructuring  Oct 25, 2003
    By Adam Jones, Consumer Industries Correspondent. Cadbury Schweppes is poised to announce details of a restructuring that will lead to significant job losses. ... (Financial Times (subscription), UK)

    Dana says restructuring led to rise in earnings  Oct 24, 2003
    Toledo, Ohio -- Auto parts maker Dana Corp. on Friday reported sharply higher third-quarter earnings, crediting a restructuring plan initiated two years ago. ... (Indianapolis Star, IN)

    South Korean Internet firm submits restructuring plan  Oct 25, 2003
    SEOUL : South Korea's embattled broadband operator Thrunet Co. said it has submitted a restructuring plan aimed at selling off a controlling stake. ... (Channel News Asia, Singapore)

    RJ Reynolds posts big loss amid restructuring  Oct 28, 2003
    RJ Reynolds had previously said it would take a $340 million charge in the third quarter for a restructuring which would eliminate about 2,600 jobs. (Forbes)

    US seeks civil commitments, along with economic restructuring  Oct 26, 2003
    Corruption, bureaucracy and weak judicial systems underlie many of Latin America's problems, in the Washington view. BY ANDRES OPPENHEIMER. ... (Miami Herald, FL)

    ISS Recommends Vote in Favor of Redback's Financial Restructuring ...   Oct 27, 2003
    ...that Institutional Shareholder Services (ISS) has recommended that its clients vote in favor of Redback's proposed out-of-court financial restructuring. ... (Business Wire (press release))

    MIM Reports 3Q EPS of $0.06 , Including $972558 of Restructuring  Oct 28, 2003
    Operating income for the third quarter of 2003 includes a restructuring charge of $972,558 for employee and consultant related severance and termination ... (Business Wire (press release))

    Quidel Reports Third Quarter Revenue and Margin Gains; ...   Oct 29, 2003
    ...accounting principles (GAAP) basis, which includes a $1.4 million charge ($0.8 million, net of tax) as part of the Company's previously announced restructuring ... (Business Wire (press release))

    PolyOne Announces Restructuring in Its Elastomers Business  Oct 29, 2003
    News) announced today that it will close two manufacturing plants within its Elastomers and Performance Additives business segment as it acts on restructuring ... (Yahoo News (press release))

    Sony Slashes 20000 Jobs In Restructuring Program  Oct 28, 2003
    Sony has announced a sweeping restructuring program and eliminated some 20,000 jobs, the company said Tuesday, confirming details of a restructuring plan that ... (CMPnetAsia, Singapore)

    Troubled Sony unveils restructuring plans  Oct 28, 2003
    ...on Tuesday unveiled sweeping restructuring measures, including plans to shed 20,000 jobs and close domestic TV plants, with the consumer electronics giant ... (The Japan Times, Japan)

    Sony Slashes 20000 Jobs In Restructuring Program  Oct 28, 2003
    ...has announced a sweeping restructuring program and eliminated some 20,000 jobs, the company said Tuesday, confirming details of a restructuring plan that has ... (TechWeb)

    Restructuring cloud hanging over Cadbury  Oct 28, 2003
    A cloud will hang over Cadbury Confectionery in Dunedin for the next few months following a shock global restructuring announcement from its London-based ... (Otago Daily Times, New Zealand)

    Missouri National Guard's restructuring includes closing six ...   Oct 27, 2003
    The guard says the moves are part of a larger restructuring ordered by the federal government. The armories targeted for closure are in Neosho, Salem, St. ... (KYTV, MO)

    Japan reacts to Sony restructuring  Oct 29, 2003
    This week, the consumer electronics giant followed that news with details of an ambitious restructuring plan including staff cuts of 20,000 over the next three ... (GameSpot)

    Analysts cautious on restructuring of nonbanking financial sector  Oct 27, 2003
    There's a lot of problems (in the domestic asset management and brokerage) sectors, and there would need to be serious restructuring," said a senior analyst ... (Korea Herald, South Korea)

    Tech Laboratories, Inc. Announces Debt Restructuring Plan  Oct 27, 2003
    NORTH HALEDON, NJ, Oct. 27 /PRNewswire-FirstCall/ -- Tech Laboratories, Inc. (OTC Bulletin Board: TCHL - News) today said it has ... (Yahoo News (press release))

    Netanyahu offers negotiation on restructuring, won't freeze ...   Oct 29, 2003
    Minister of Finance Benjamin Netanyahu wrote Histadrut chairman MK Amir Perez that the Ministry of Finance was willing to enter into intensive negotiations and ... (Globes Online, Israel)

    Guard closing six armories as part of restructuring  Oct 28, 2003
    By DAVID A. LIEB. The Missouri National Guard said Monday that it expects to save millions of dollars by closing six armories as ... (Jefferson City News Tribune, MO)

    Tech Laboratories, Inc. Announces Debt Restructuring Plan  Oct 27, 2003
    Company Reaches Agreement With Lender -- No Longer In Default NORTH HALEDON, NJ, Oct. 27 /PRNewswire-FirstCall/ -- Tech Laboratories, Inc. ... (PRNewswire (press release))




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