DES MOINES, Iowa – (AP) Billionaire investor Carl C. Icahn said Friday he has agreed to buy a majority of the first-lien bank debt of Trump Entertainment Resorts Holdings, which owns three resorts in Atlantic City, N.J. The deal is part of a bankruptcy reorganization plan Icahn neg
Also tagged atlantic, atlantic-city-, des, first, has-agreed, resorts, the-first-lienThe Los Angeles-based parent of the largest bank focused on the Korean American market loses $59.7 million in the third quarter. Regulators give it till July 31 to raise the needed capital. Hanmi Financial Corp., which owns the largest bank focused on the Korean American market, reported another large quarterly …
Also tagged 59-7-million, bank-focused, give-it-till, hanmi-financial, korean, large, needed, owns-the-largest, raise-the, raise-the-needed, the-largest, thirdWILMINGTON, Del. – (AP) A Delaware bankruptcy judge declined to issue an immediate ruling Monday in a dispute over documents and confidentiality in the Chapter 11 case of Freedom Communications Holdings Inc. Freedom, which owns The Orange County Register in California, dozens of other
Also tagged bankruptcy law center, bankruptcy-judge, california, delaware, dispute-over, documents-and, freedom, holdings, holdings-inc-, immediate-ruling, orange, orange-county, registerMILAN – (AP) The Italian automaker Fiat on Thursday won a bid to take over the bankrupt Italian car company Bertone, which will help design cars for the U.S. automaker Chrysler, the Italian Economic Development Ministry said. Fiat, which owns a controlling stake in Chrysler, has pl
Also tagged bankruptcy law center, bertone, cars-for, chrysler, development, fiat-on-thursday, help-design, italian, italian-economic, over-the-bankrupt, take-over, the-bankrupt, thursday, which-will(AP) Television station owner Sinclair Broadcast Group Inc. has warned it may be forced to file for Chapter 11 bankruptcy protection as it struggles with continued declines in advertising spending and a hefty debt load. The Baltimore-based company, which owns 58 TV stations in 35 ma
Also tagged baltimore-based, bankruptcy law center, bankruptcy-protection, chapter, file-for, group, has-warned, hefty-debt, sinclair, sinclair-broadcast, spending-and, struggles-with, television, warned-it-mayVAN BUREN TOWNSHIP, Mich. – (AP) Car parts supplier Visteon, which used to be part of Ford Motor Co., says one of its British subsidiaries is filing for bankruptcy with the U.K.
Also tagged bankruptcy-with, court, filing-for, mich-, parts-supplier, says-one, three-factories, visteon, which-usedMILAN, Italy – (AP) The IT Holding company, which owns the Gianfranco Ferre fashion house, sought bankruptcy protection from its creditors Thursday.
Also tagged gianfranco, holding, into-bankruptcy-, its-creditors, milan, move-comes, sought-bankruptcy, the-holding, weeks-afterMILAN – (AP) The global economic crisis has claimed its first Italian fashion victim.
Also tagged claimed-its, crisis-has, fashion-house, fashion-victim-, gianfranco, global-economic, has-put, holding, italian, its-subsid, milan, owns-the-gianfrancoWILMINGTON, Del. – (AP) Tribune Co.
Also tagged angeles, chapter, judge-kevin, make-certain, owns-the-los, said-the, tribune, works-throughNEW YORK – (AP) As investors slowly start buying commercial paper again, the frozen market for longer-term corporate debt is also showing small, tentative signs of thaw. Altria Group, which owns No. 1 U.S.
Also tagged altria-group, bonds-earlier, cigarette-maker, commercial-paper, frozen, group, investors-slowly, market-for, new, philip-morris, start-buying, tentative-signs, the-frozen, week