All Chapter 11 (Bankruptcy) News
Company :  Oscient Pharmaceuticals Corp.
Date : July 13, 2009             Location :  USA
Oscient Pharmaceuticals Corp. said Monday it has filed for Chapter 11 bankruptcy protection, and sold its chronic bronchitis drug Factive.
Source : Yahoo
 
Company :  RathGibson Inc.
Date : July 13, 2009             Location :  USA
Specialty tubing maker RathGibson Inc. today filed for Chapter 11 bankruptcy protection under a heavy debt load. RathGibson reported nearly $320 million in debt and assets of $305 million as of April 30.
Source : chicagotribune.com
 
Company :  Bashas' Inc.
Date : July 13, 2009             Location :  USA
Citing a recession that has hit Arizona hard, senior leaders at Bashas? Inc. said they filed for Chapter 11 bankruptcy reorganization so that the 77-year-old grocery chain can emerge as a stronger, leaner company.
Source : Business Journal
 
Company :  J.L. French Automotive Castings Inc.
Date : July 13, 2009             Location :  USA
Aluminum automotive components manufacturer J.L. French Automotive Castings Inc. filed for Chapter 11 bankruptcy protection on Monday.
Source : Business Journal
 
Company :  Fitness Management Group Inc.
Date : July 13, 2009             Location :  USA
Huntersville-based Fitness Management Group Inc. filed the Chapter 11 petition in federal court Friday. As part of its restructuring, Nevada company Fuzion Investment Capital LLC will acquire the company's assets.
Source : CharlotteObserver.com
 
Company :  Lear Corp.
Date : July 07, 2009             Location :  USA
Struggling automotive parts supplier Lear Corp. filed for Chapter 11 bankruptcy protection on Tuesday after receiving the support it needed from lenders and bondholders. It listed $1.27 billion in assets and $4.54 billion in liabilities.
Source : Yahoo
 
Company :  Oceanaire Inc.
Date : July 06, 2009             Location :  USA
Seafood restaurant chain The Oceanaire Inc. has filed for Chapter 11 bankruptcy protection and closed four of its restaurants. The Minneapolis location remains open.In its bankruptcy filing, the company listed assets and debts of between $10 million and $50 million. Many of its restaurants have seen a drop in sales, according to filings.
Source : Business Journal
 
Company :  Proliance International Inc
Date : July 02, 2009             Location :  USA
Auto parts supplier Proliance International Inc filed for bankruptcy protection in a Delaware court Thursday and said it agreed to sell all its U.S. assets to Centrum Equities XV LLC for $21.5 million.In documents filed with the court, Proliance listed assets in the range of $50 million to $100 million and liabilities in the range of $100 million to $500 million.
Source : Reuters
 
Company :  Crabtree & Evelyn Ltd.
Date : July 01, 2009             Location :  USA
Soap and lotion seller Crabtree & Evelyn Ltd. says it filed for Chapter 11 protection on Wednesday, a victim of the recession and management missteps. The Woodstock, Conn.-based company reported in a court filing that it owed $46.2 million in debt and had $31.7 million in assets as of March 31.
Source : Yahoo
 
Company :  UTGR Inc.
Date : June 23, 2009             Location :  USA
Rhode Island casino operator UTGR Inc, which operates under the name Twin River, filed for bankruptcy on Tuesday to help restructure and eliminate its debt load, according to court documents. The company listed assets of between $100 million and $500 million, and assets of between $500 million to $1 billion.
Source : Reuters
 
Company :  Sea Launch Co
Date : June 22, 2009             Location :  USA
Satellite-launch services provider Sea Launch Co and 5 affiliates filed for Chapter 11 bankruptcy protection, citing liquidity concerns and recurring losses from operations. Sea Launch listed assets of up to $500 million and liabilities of more than $1 billion.
Source : Reuters
 
Company :  Eddie Bauer Holdings Inc.
Date : June 17, 2009             Location :  USA
Struggling retailer Eddie Bauer Holdings Inc., which began as a Seattle fishing shop, later outfitted the first American to climb Mt. Everest and made thousands of newfangled down jackets and sleeping bags for the military during World War II, filed for Chapter 11 bankruptcy protection on Wednesday.
Source : msnbc
 
Company :  Building Materials Holding Corp.
Date : June 16, 2009             Location :  USA
Building Materials Holding Corp. said Tuesday it filed for Chapter 11 bankruptcy protection and has reached a deal with lenders on how to restructure its debt.
Source : Yahoo
 
Company :  Extended Stay Hotels LLC
Date : June 15, 2009             Location :  USA
Extended Stay Hotels LLC filed for Chapter 11 bankruptcy protection on Monday, citing massive debt stemming from its 2007 acquisition by the Lightstone Group and a sharp drop in business travel due to the recession.
Source : Yahoo
 
Company :  Six Flags
Date : June 13, 2009             Location :  USA
Debt-ridden amusement park operator Six Flags, controlled by Washington Redskins owner Dan Snyder, has filed for Chapter 11 bankruptcy reorganization.
Source : Business Journal
 
Company :  Aviza Technology Inc.
Date : June 10, 2009             Location :  USA
Aviza Technology Inc. said Wednesday it and its subsidiaries Aviza Inc. and Trikon Technologies Inc. filed a voluntary Chapter 11 bankruptcy petition. The Scotts Valley company makes advanced semiconductor capital equipment and process technologies for the global semiconductor industry and related markets.
Source : Business Journal
 
Company :  Crescent Resources
Date : June 10, 2009             Location :  USA
Crescent Resources and 120 of its subsidiaries ? saddled with more than $1 billion in liabilities ? have filed for voluntary Chapter 11 bankruptcy protection, the company announced Wednesday.
Source : Business Journal
 
Company :  Arcandor
Date : June 09, 2009             Location :  Germany
Germany's Arcandor, which owns 53% of Thomas Cook, has filed for bankruptcy protection after the German government rejected a request for loan guarantees. Arcandor, which employs about 70,000 people, had sought 650m euros ($930m; £561m) of guarantees because about 600m euros of its loans need refinancing.
Source : Business Week
 
Company :  Fontainebleau Las Vegas LLC
Date : June 09, 2009             Location :  USA
Casino-resort developer Fontainebleau Las Vegas LLC said Tuesday it has filed for Chapter 11 bankruptcy protection after failing to get certain lenders to provide about $800 million in construction funding to complete the company's $2.9 billion property on the Las Vegas Strip.
Source : sfgate.com
 
Company :  Presidential Country Club
Date : June 09, 2009             Location :  USA
The owner of the Presidential Country Club, an 18-hole golf course in North Miami Beach, filed for Chapter 11 bankruptcy protection on Tuesday in Miami. The petition lists $10 million to $50 million in debt and $1 million to $10 million in assets.
Source : Business Journal
 
Company :  Prospect Homes of Richmond Inc.
Date : June 02, 2009             Location :  USA
Prospect Homes of Richmond Inc., one of the area's largest builders, filed for Chapter 11 bankruptcy protection Tuesday. Its largest credit is SunTrust Bank, which is owed $6.1 million, including $3.8 million secured by real estate or equipment, according to the bankruptcy petition filed with the U.S. Bankruptcy Court in Richmond.
Source : timesdispatch.com
 
Company :  Genmar Holdings Inc.
Date : June 02, 2009             Location :  USA
Boat manufacturer Genmar Holdings Inc. -- owner of the Brown County yacht maker formerly called Carver Yachts -- has filed for Chapter 11 bankruptcy protection. Genmar has between 100 and 199 creditors. It lists its assets in the rage of $10 million to $50 million and its liabilities between $100 million and $500 million, according to court documents.
Source : Business Journal
 
Company :  General Motors
Date : June 01, 2009             Location :  USA
General Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration's plan to shrink the automaker to a sustainable size and give a majority ownership stake to the federal government.GM's bankruptcy filing is the fourth-largest in U.S. history and the largest for an industrial company. The company said it has $172.81 billion in debt and $82.29 billion in assets.
Source : Yahoo
 
Company :  Eagle Geophysical Inc.
Date : May 31, 2009             Location :  USA
Energy seismic exploration company Eagle Geophysical Inc. and its subsidiary, Eagle Geophysical Onshore Inc., filed for Chapter 11 bankruptcy protection on May 31. In the voluntary petition filed with the United States Bankruptcy Court for the Southern District of Texas, the company listed assets of more than $1 million and liabilities of more than $10 million.
Source : Business Journal
 
Company :  Hawaii Superferry Inc.
Date : May 30, 2009             Location :  USA
Hawaii Superferry Inc., which provided high-speed ferry service for cars and passengers between Hawaii?s Oahu and Maui islands, filed for bankruptcy protection today.
Source : Bloomberg
 
Company :  McStain Enterprises Inc.
Date : May 29, 2009             Location :  USA
McStain Enterprises Inc.voluntarily filed Chapter 11 bankruptcy reorganization on Friday, according to bankruptcy court records.
Source : Business Journal
 
Company :  R.H. Donnelley
Date : May 28, 2009             Location :  USA
R.H. Donnelley, the publisher of yellow pages, filed for Chapter 11 bankruptcy protection on Thursday, court documents show. The company listed total assets of about $11.88 billion and total debts of about $12.37 billion in a filing with the United States Bankruptcy Court for the District of Delaware, Reuters said.
Source : NY Times
 
Company :  Visteon Corp.
Date : May 28, 2009             Location :  USA
Visteon Corp., long believed to be on bankruptcy's doorstep, finally filed for Chapter 11 protection Thursday under crushing auto sales declines that left the Van Buren Township-based supplier with more debt than it could carry.
Source : freep.com
 
Company :  Metaldyne Corporation
Date : May 27, 2009             Location :  USA
Metaldyne Corporation has filed for Chapter 11 Bankruptcy Protection. In a press release sent out Wednesday, the company said the action is necessary to address its liquidity needs and to facilitate a restructuring.
Source : thecourierexpress.com
 
Company :  Ion Media Networks Inc.
Date : May 20, 2009             Location :  USA
Ion Media Networks Inc., a television network with roots in the Tampa Bay area, has filed for Chapter 11 bankruptcy protection.
Source : Business Journal
 
Company :  Pacific Ethanol Inc.
Date : May 18, 2009             Location :  USA
Pacific Ethanol Inc. on Monday said its subsidiaries, which own its four ethanol production facilities, filed for Chapter 11 bankruptcy protection in an effort to restructure their debt.
Source : Yahoo
 
Company :  TXCO Resources Inc.
Date : May 18, 2009             Location :  USA
TXCO Resources Inc. and its subsidiaries have officially filed voluntary Chapter 11 petitions with the U.S. Bankruptcy Court for the Western District of Texas.
Source : Business Journal
 
Company :  Whetstone Development Co.
Date : May 18, 2009             Location :  USA
Whetstone Development Co., a Tucson-based Arizona corporation involved in an aborted 13,000-home Anthem development in Benson with Pulte Homes, filed for Chapter 11 bankruptcy Monday. In the filing, the Whetstone Development Co. estimated its assets are worth between $1 million and $10 million and liabilities are between $10 and $50 million.
Source : Trading Markets
 
Company :  Capital Corp of the West
Date : May 15, 2009             Location :  USA
Capital Corp of the West, the parent company of what was County Bank, filed for Chapter 11 bankruptcy with debts totaling $68 million.
Source : modbee.com
 
Company :  Nanogen
Date : May 14, 2009             Location :  USA
The San Diego biotechnology company Nanogen said yesterday that it has filed for bankruptcy protection with plans to sell off nearly all its assets to the French company Elitech Group.
Source : SignOnSanDiego.com
 
Company :  Kirk Homes
Date : May 12, 2009             Location :  USA
Kirk Homes, builder of this model at Apple Creek Estates in Woodstock, has filed for Chapter 11 reorganization.
Source : Daily Herald
 
Company :  Hayes Lemmerz International Inc.
Date : May 11, 2009             Location :  USA
Wheel maker Hayes Lemmerz International Inc. late Monday filed for Chapter 11 protection with a pre-negotiated restructuring plan that has the approval of most of its senior lenders.
Source : Yahoo
 
Company :  Sencorp
Date : May 08, 2009             Location :  USA
Sencorp filed for Chapter 11 May 8 with the U.S. Bankruptcy Court for the Southern District of Ohio.
Source : Business Journal
 
Company :  Champion Motors
Date : May 07, 2009             Location :  USA
Champion Motors in Pompano Beach has filed for Chapter 11 bankruptcy protection. In a filing Thursday with the U.S. Bankruptcy Court for the Southern District of Florida, the luxury sports car dealership said it has between $10 million and $50 million in debt and a similar range for assets.
Source : Business Journal
 
Company :  White Energy Inc
Date : May 07, 2009             Location :  USA
Ethanol producer White Energy Inc filed for Chapter 11 protection in a Delaware bankruptcy court on Thursday, citing adverse market conditions, court documents showed.
Source : Reuters
 
Company :  Crucible Materials Corp
Date : May 06, 2009             Location :  USA
Specialty metals company Crucible Materials Corp filed for Chapter 11 protection in a Delaware bankruptcy court on Wednesday, citing the continuing disruption in the U.S. automotive industry.
Source : Reuters
 
Company :  Hill Country Galleria
Date : May 05, 2009             Location :  USA
Hill Country Galleria in Bee Cave has filed for Chapter 11 bankruptcy protection. The petition, filed in U.S. Bankruptcy Division--Western District of Texas, lists Hill Country Galleria's assets at between $100 million and $500 million. Debts are also listed at between $100 million and $500 million and the total number of creditors is between 200 and 999.
Source : Business Journal
 
Company :  Filene's Basement
Date : May 05, 2009             Location :  USA
Less than two weeks after Retail Ventures unloaded its Filene?s Basement division, the discount apparel chain has filed for Chapter 11 bankruptcy protection and sold 17 stores. Burlington, Mass.-based Filene?s Basement sought protection from creditors Monday in Delaware bankruptcy court, citing assets between $50 million and $100 million, and liabilities between $100 million and $500 million.
Source : Business Journal
 
Company :  U.S. Shipping Partners
Date : May 02, 2009             Location :  USA
Long-haul marine-transport company U.S. Shipping Partners filed for Chapter 11 bankruptcy protection Thursday, the latest sign of the global recession battering the ports of New York and New Jersey.
Source : joc.com
 
Company :  Columbian Publishing Co.
Date : May 01, 2009             Location :  USA
The Columbian Publishing Co. filed for Chapter 11 bankruptcy protection on Friday in a move to resolve credit issues with Bank of America, primary lender on its multimillion dollar downtown building project completed last year.
Source : columbian.com
 
Company :  Accredited Home Lenders Holding Co.
Date : May 01, 2009             Location :  USA
Mortgage servicer Accredited Home Lenders Holding Co. said Friday it has filed for Chapter 11 bankruptcy protection. The petition was filed with the U.S. Bankruptcy Court for the District of Delaware.
Source : Yahoo
 
Company :  Energy Partners Ltd
Date : May 01, 2009             Location :  USA
Oil and natural gas producer Energy Partners Ltd said on Friday it had filed for Chapter 11 in a Texas bankruptcy court and had reached a restructuring deal with an ad-hoc committee of senior noteholders that would substantially cut its debt and provide a "long-term solution" for its balance sheet.
Source : Yahoo
 
Company :  JetChoice
Date : May 01, 2009             Location :  USA
St. Paul private jet operator JetChoice filed for Chapter 7 bankruptcy Friday.
Source : Business Journal
 
Company :  Chrysler
Date : April 30, 2009             Location :  USA
Chrysler filed for bankruptcy protection Thursday and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes.
Source : Yahoo
 
Company :  American Community Newspapers LLC
Date : April 29, 2009             Location :  USA
Newspaper publisher American Community Newspapers LLC, which publishes local papers such as the Plano Star Courier, the McKinney Courier-Gazette and the Frisco Enterprise, has filed for Chapter 11 bankruptcy protection, which typically allows a company to reorganize with a bankruptcy court's approval.
Source : Business Journal
 
Company :  Source Interlink Companies
Date : April 27, 2009             Location :  USA
Source Interlink Companies, Inc , one of the largest publishers of magazines and online content for enthusiast audiences and a leading distributor of DVD?s, CD?s, magazines, video games and books today announced it has reached a restructured agreement with its lenders to eliminate approximately $1 billion dollars of existing debt and privatize the company.
Source : Yahoo
 
Company :  Eurofresh Inc.
Date : April 22, 2009             Location :  USA
Mired in $300 million in debt and battling crop diseases and labor shortages, Eurofresh Inc. of Southern Arizona has filed for Chapter 11 bankruptcy protection. Ferguson said the company, which grows tomatoes and cucumbers in Willcox and Snowflake, plans to convert about $210 million of debt into shareholder equity to emerge from bankruptcy protection.
Source : azcentral.com
 
Company :  Opus South Corp.
Date : April 22, 2009             Location :  USA
Opus South Corp., one of the operating divisions of Minnetonka-based Opus Corp., has filed for Chapter 11 bankruptcy protection in U.S. Bankruptcy court in Delaware. It is the first move in Opus Corp.'s decision to exit the Southeastern U.S. market.
Source : Business Journal
 
Company :  Humboldt Creamery
Date : April 21, 2009             Location :  USA
The troubled Humboldt Creamery is looking for a buyer after officials filed to reorganize under Chapter 11 bankruptcy protection.
Source : SFGate
 
Company :  Dayton Superior
Date : April 19, 2009             Location :  USA
Dayton Superior Corp., which makes products used in concrete construction, said Sunday it filed for Chapter 11 bankruptcy protection and received $165 million in financing to continue its restructuring.
Source : Yahoo
 
Company :  General Growth Properties Inc.
Date : April 17, 2009             Location :  USA
General Growth Properties Inc, the second largest U.S. mall owner, filed for bankruptcy protection on Thursday in one of the biggest real estate failures in U.S. history. Ending months of speculation, the Chicago-based mall owner, which listed total assets of $29.56 billion and total debts of $27.29 billion, sought Chapter 11 bankruptcy protection from creditors along with 158 of its more than 200 U.S. malls, while it seeks to restructure some of its debt.
Source : Yahoo
 
Company :  AbitibiBowater Inc.
Date : April 16, 2009             Location :  USA
AbitibiBowater Inc. has filed for creditor protection under Chapter 11. The Canadian newsprint manufacturer, which has large operations in York County, will seek similar protection in that country.
Source : Business Journal
 
Company :  Madoff Securities International Ltd.
Date : April 14, 2009             Location :  USA
Madoff Securities International Ltd., the United Kingdom-based unit of Bernard Madoff?s money management business, sued Bernard?s brother Peter for ?unjust enrichment? after earlier filing for bankruptcy in Florida. Madoff International also filed for court protection to recover a $200,000 Aston Martin car alleged to have been bought for Peter Madoff.Madoff International listed more than $1 billion in debt and as much as $500 million in assets, according to court papers filed today.
Source : Bloomberg
 
Company :  Aventine Renewable Energy Holdings Inc.
Date : April 08, 2009             Location :  USA
SIOUX FALLS, S.D. -- Ethanol producer Aventine Renewable Energy Holdings Inc. said Wednesday it has filed for Chapter 11 bankruptcy protection. Chief Executive Ron Miller said in a statement that the company is challenged by a difficult market environment for an industry that suffers from poor operating margins. Aventine last month warned it may have to file in bankruptcy court if it could not raise sufficient cash in the near-term.
Source : miamiherald.com
 
Company :  Team Financial Inc.
Date : April 05, 2009             Location :  USA
After seeing its bank assets seized and sold off by the Federal Deposit Insurance Corp. in March, Team Financial Inc. has filed Chapter 11 bankruptcy. The Paola-based bank holding company (Pink Sheets: TFIN) of TeamBank filed for bankruptcy Sunday in U.S. Bankruptcy Court for the District of Kansas. Court records show Team Financial reported $692,410 in assets and $26.7 million in debts.
Source : Business Journal
 
Company :  Sun-Times Media Group
Date : March 31, 2009             Location :  USA
NEW YORK (AP) -- The Sun-Times Media Group, owner of the Chicago Sun-Times and dozens of suburban newspapers, filed for Chapter 11 bankruptcy Tuesday, making it the fifth newspaper publisher to seek protection from creditors in recent months. The step, brought on by a precipitous decline in advertising revenue, means both of Chicago's major daily newspapers are operating under bankruptcy protection.
Source : Yahoo
 
Company :  Rhodes Design and Development Corp.
Date : March 31, 2009             Location :  USA
LAS VEGAS?A well-known southern Nevada development firm has filed for bankruptcy protection, citing dropping land values and dramatically reduced home sales. Rhodes Design and Development Corp. listed $100 million to $500 million in both assets and liabilities in the Chapter 11 filing submitted late Tuesday in U.S. Bankruptcy Court in Las Vegas.
Source : Mercury News
 
Company :  Charter Communications
Date : March 27, 2009             Location :  USA
CHICAGO (MarketWatch) -- Charter Communications has filed for Chapter 11 bankruptcy protection, following through on the intentions it announced in February, under the terms of an agreement with some of its creditors.As it said last month, the company has agreed to implement a financial restructuring that will reduce its debt by about $8 billion. Charter, one of the largest U.S. cable operators with 5.5 million customers, carries a crushing long-term debt load of more than $20 billion.
Source : Market Watch
 
Company :  Transmeridian Exploration Inc.
Date : March 24, 2009             Location :  USA
Transmeridian Exploration Inc. and two of its subsidiaries, Transmeridian Exploration Inc. (BVI) and Bramex Management Inc., have filed for Chapter 11 bankruptcy protection. In the March 20 voluntary petition in the U.S. Bankruptcy Court for the Southern District of Texas, the Houston energy company listed assets of $377.9 million and liabilities of $451.7 million.
Source : Business Journal
 
Company :  Morton Industrial Group
Date : March 23, 2009             Location :  USA
Morton Industrial Group Inc., a manufacturer of engineered components and subassemblies for construction and agricultural equipment, filed a Chapter 11 petition yesterday in Delaware looking to sell the business. The Morton-based company has five plants that generated $208 million in sales during 2008. The net loss for the year was $6.7 million. Chapter 11 became necessary when sales fell 32 percent in January and February compared with the same period in 2008.
Source : Daily Herald
 
Company :  BI-LO
Date : March 23, 2009             Location :  USA
BI-LO, LLC and certain affiliates today announced that it has filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court, District of South Carolina . The Company intends to use the Court-supervised process to address an upcoming debt maturity. BI-LO expects to reach mutually acceptable resolutions with all of its constituencies and to exit bankruptcy as expeditiously as possible.
Source : examiner.com
 
Company :  Herbst Gaming Inc.
Date : March 22, 2009             Location :  USA
March 22 (Bloomberg) -- Herbst Gaming Inc., a casino and slot operator, filed for Chapter 11 U.S. bankruptcy protection today under a previously negotiated agreement with creditors. The petition filed in Reno, Nevada, listed $1.24 billion in debt and up to $1.02 billion in assets for Herbst and affiliates. The company will split its casino and slot machine businesses into two holding companies, Las Vegas-based Herbst said in a statement.
Source : Bloomberg.com
 
Company :  Sportsman's Warehouse
Date : March 21, 2009             Location :  USA
The Midvale-based national retail chain Sportsman's Warehouse, reeling from a down economy and a failed buyout deal with a Canadian company, filed for Chapter 11 bankruptcy protection in a Delaware court on Saturday, while it works to reorganize and address debt issues. Store closures are already in progress, with 23 locations shutting down and 1,700 employees out of work.
Source : Deseret News
 
Company :  Inlet Square
Date : March 20, 2009             Location :  USA
MURRELLS INLET -- The owner of Inlet Square mall has filed for Chapter 11 bankruptcy after failing to come to terms with its creditors, according to court documents filed this week, but the mall plans to stay open through the bankruptcy process. Inlet Retail Associates, the mall's owner, had been talking to potential buyers since last year after defaulting on the loan it got to buy and renovate the center. The company has $24.9 million in liabilities, court documents show.
Source : TheSunNews.com
 
Company :  Greenbrier resort
Date : March 19, 2009             Location :  USA
CHARLESTON, W.Va. ? The posh Greenbrier resort, which has gone from hosting presidents and royalty to posting losses, filed for Chapter 11 bankruptcy protection Thursday and unveiled a deal to sell itself to hotel giant Marriott International Inc. for up to $130 million. The deal is expected to close later this year.
Source : Yahoo
 
Company :  Chemtura Corp.
Date : March 18, 2009             Location :  USA
NEW YORK?Specialty chemicals maker Chemtura Corp. said Wednesday the company and its U.S. operations have filed voluntary petitions for Chapter 11 bankruptcy protection after a recent drop in order volumes led to a sharp decline in its liquidity and cash flow. Chemtura, which filed in the U.S. Bankruptcy Court for the Southern District of New York, says the bankruptcy filing is designed to help the company complete a financial restructuring.
Source : MercuryNews.com
 
Company :  Fairchild Corp.
Date : March 18, 2009             Location :  USA
Fairchild Corp., which designs motorcycle apparel and distributes aircraft parts, has landed in bankruptcy court. The McLean-based company announced Wednesday evening that it had filed for reorganization under Chapter 11 of the bankruptcy code. In its announcement, Fairchild said that with the court's approval the company plans to "continue to conduct its business as usual without interruption." Fairchild listed assets of up to $100 million and debts of up to $500 million.
Source : Business Journal
 
Company :  SIST
Date : March 17, 2009             Location :  USA
SHAWANO, Wis., March 17 /PRNewswire/ -- Yesterday, seven entities filed for Chapter 11 bankruptcy protection. Those entities are SIST, U.S. Acquisitions & Oil, Inc., Midwest Oil of Wisconsin, LLC, Midwest Hotels & Motels, LLC, Midwest Oil of Minnesota, LLC, Midwest Oil of Shawano, LLC, and Midwest Properties of Shawano, LLC.
Source : Business Journal
 
Company :  Forum Health
Date : March 16, 2009             Location :  USA
YOUNGSTOWN, Ohio ? March 16, 2009 ? In a strategic move to preserve choice and continuity of quality health care in the Mahoning Valley, Forum Health and its affiliated entities today voluntarily filed to reorganize under Chapter 11 of the U.S. Bankruptcy Code. Coming amidst the current economic recession, the filing is a decisive and proactive step in the ongoing effort to drive the system forward toward long-term success and financial vitality.
Source : Forum Health
 
Company :  Masonite International Inc.
Date : March 16, 2009             Location :  USA
NEW YORK (Reuters) - Masonite International Inc, a Canadian doormaker, and its U.S. operations filed for bankruptcy on Monday as part of a pre-arranged plan to restructure the company's crippling debt. The company, one of the world's largest doormakers, has been slammed by the slide in the housing and construction markets and the loss of one of its largest customers in 2007.
Source : Reuters
 
Company :  Summitt Trucking
Date : March 11, 2009             Location :  USA
One of Greater Louisville?s largest trucking firms has filed for protection under Chapter 11 of the U.S. Bankruptcy Code. The four companies collectively known as Summitt Trucking, 1800 Progress Way, Clarksville, each filed for bankruptcy protection March 2 in U.S. Bankruptcy Court for the Southern District of Indiana in New Albany.
Source : Business Journal
 
Company :  Milacron
Date : March 10, 2009             Location :  USA
Milacron Inc., as part of a restructuring deal with investors Avenue Capital Group and DDJ Capital Management LLC, has filed for Chapter 11 bankruptcy and will sell its assets to the highest bidder. The Chapter 11 filing took place in the U.S. Bankruptcy Court for the Southern District of Ohio, and in Canada as well. It involves Milacron?s U.S. and Canadian operations only, and not its European, Asian or other operations outside North America.
Source : Business Journal
 
Company :  Fleetwood
Date : March 10, 2009             Location :  USA
RIVERSIDE, Calif. (AP) -- Fleetwood Enterprises Inc., a maker of recreational vehicles and manufactured housing that has been restructuring for about three years, said Tuesday it has filed for voluntary Chapter 11 bankruptcy protection and will shutter its travel-trailer operations.The 59-year-old company, which has been coping with slowing sales, filed petitions for itself and some U.S. operating subsidiaries in the U.S. Bankruptcy Court for the Central District of California in Riverside.
Source : Yahoo
 
Company :  Pacific Holdings
Date : March 10, 2009             Location :  Japan
March 11 (Bloomberg) -- The failure of Pacific Holdings Co., a real estate manager that filed for bankruptcy protection with 163.6 billion yen ($1.7 billion) in liabilities, highlights the funding problems at many companies in Japan. The nation?s financial regulator, in an unprecedented move, said yesterday it will inspect banks between April and June and may penalize lenders found to have ?viciously? cut off borrowers.
Source : Bloomberg
 
Company :  Pacific Energy Resources Ltd.
Date : March 09, 2009             Location :  USA
LONG BEACH, CALIFORNIA--(Marketwire - March 9, 2009) - Pacific Energy Resources Ltd. announces today that it and its wholly owned subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware. The filing was precipitated by the dramatic decrease in the market price of oil over the past five months.
Source : Yahoo
 
Company :  TelePlus World
Date : March 06, 2009             Location :  USA
TelePlus World Corp., a publicly traded telecommunications company based in Miami Lakes, has filed for Chapter 11 bankruptcy in U.S. Bankruptcy Court for the Southern District of Florida.The bankruptcy petition said TelePlus World had $21.2 million in debts, $10.8 million in assets and up to 49 creditors.
Source : Business Journal
 
Company :  Magna Entertainment
Date : March 05, 2009             Location :  USA
Magna Entertainment Corp. announced March 5 it filed for Chapter 11 bankruptcy protection, and also unveiled a plan to sell many of its assets, including Gulfstream Park in Florida, Golden Gate Fields in California, and Lone Star Park in Texas.
Source : BloodHorse.com
 
Company :  Monaco Coach
Date : March 05, 2009             Location :  USA
Recreational vehicle maker Monaco Coach Corp., which has seen sales plunge amid the recession, said Thursday it has filed for Chapter 11 bankruptcy protection.The company said it plans to continue operating as it prepares to sell off parts or all of its business.
Source : Yahoo
 
Company :  Joe's Sports & Outdoor
Date : March 04, 2009             Location :  USA
Joe's Sports & Outdoor, with 30 retail outlets in the Pacific Northwest, has filed for Chapter 11 bankruptcy protection, the company said Wednesday.Joe's obtained $50 million from Wells Fargo Retail Finance to fund the restructuring.
Source : Yahoo
 
Company :  Changing World Technologies Inc
Date : March 04, 2009             Location :  USA
The owner of a southwest Missouri biofuels plant filed for bankruptcy and laid off most of its employees.Changing World Technologies Inc., based in West Hempstead, N.Y., filed for Chapter 11 protection Wednesday in the U.S. Bankruptcy Court.
Source : Yahoo
 
Company :  ILX Resorts Inc
Date : March 03, 2009             Location :  USA
ILX Resorts Inc., a timeshare operator with inventory at the Carriage House Hotel in Las Vegas, filed for Chapter 11 bankruptcy protection Monday after talks collapsed with a key lender over extending a loan.
Source : LAS VEGAS SUN
 
Company :  Better Bedding Shops Inc
Date : March 03, 2009             Location :  USA
Better Bedding Shops Inc. has filed for Chapter 11 bankruptcy and closed 11 of its 21 stores in Connecticut and Massachusetts today.Beter Bedding was founded in East Hartford in 1976.
Source : courant.com
 
Company :  Pacifica Hospital
Date : March 03, 2009             Location :  USA
Pacifica Hospital of the Valley, a 221-bed facility in Sun Valley, has filed for Chapter 11 bankruptcy protection, listing $50 million in debt, according to court documents.
Source : Daily News
 
Company :  Spansion
Date : March 01, 2009             Location :  USA
Struggling flash memory maker Spansion Inc. and its U.S. subsidiaries filed for Chapter 11 bankruptcy protection Sunday, in an effort to restructure $625 million worth of debt as the company continues to explore a possible sale or other alternatives.
Source : Yahoo
 
Company :  Stern Developer
Date : February 28, 2009             Location :  USA
Miami Beach businessman Michael A. Stern has listed more than $37 million in liabilities in a Chapter 11 bankruptcy petition filed Feb. 28 in Miami.The bankruptcy petition states he has assets ranging from $10 million to $50 million.
Source : Business Journal
 
Company :  Inquirer
Date : February 23, 2009             Location :  USA
The owner of the Philadelphia Inquirer and Daily News filed for bankruptcy protection, Sunday, in an effort to deal with a nearly $400 million-plus debt burden.
Source : Ledger
 
Company :  Ritz Camera
Date : February 23, 2009             Location :  USA
Ritz Camera Centers Inc. has filed for Chapter 11 bankruptcy protection amid weakening sales. Beltsville, Md.-based Ritz is the nation?s largest camera store chain with more than 1,000 shops in 45 states.
Source : Business Journal
 
Company :  SFCG Co Ltd
Date : February 23, 2009             Location :  Japan
TOKYO, Feb 23 (Reuters) - Japan's SFCG Co Ltd , a high-interest lender to smaller companies, said it has filed for bankruptcy protection with 338 billion yen ($3.6 billion) in debt on bad real estate-backed loans and tightening credit. SFCG, which had borrowed heavily from foreign banks including Lehman Brothers, has also been slammed by tighter interest rate regulations in the consumer lender industry, forcing it to repay previous interest that was deemed too high.
Source : Reuters
 
Company :  Journal Register
Date : February 22, 2009             Location :  USA
The Journal Register Company, publisher of The New Haven Register in Connecticut and other newspapers, filed for Chapter 11 protection on Saturday.It reported $596 million in assets as of Nov. 30 and $692 million in debt, including unpaid interest.
Source : NY Times
 
Company :  Trump Entertainment Resorts Inc
Date : February 17, 2009             Location :  USA
Trump Entertainment Resorts, the casino operator, filed for bankruptcy protection Tuesday.Trump had assets of about $2.1 billion and total debts of about $1.74 billion on Dec. 31, 2008.
Source : CNBC
 
Company :  Midway Games Inc
Date : February 13, 2009             Location :  USA
Midway Games Inc. said Thursday it filed for Chapter 11 bankruptcy protection, citing a debt crisis that was triggered by media mogul Sumner Redstone's sale of his stake in the videogame maker in November.
Source : WSJ
 
Company :  Spectrum Brands Inc.
Date : February 03, 2009             Location :  USA
NEW YORK - Spectrum Brands Inc., the maker of Rayovac batteries and Remington shavers, filed for Chapter 11 bankruptcy protection Tuesday under a heavy debt load.Spectrum reported $4.44 billion in debt and $10.07 billion in assets in its filing.
Source : msnbc
 
Company :  Nortel Networks
Date : January 14, 2009             Location :  Canada
OTTAWA ? Nortel Networks, the Canadian telecom equipment maker, filed for bankruptcy protection from creditors Wednesday but analysts said its troubles might be too severe for it to recover and survive.
Source : NY Times
 
Company :  Tronox
Date : January 13, 2009             Location :  USA
Tronox Inc., the Oklahoma City-based company spun off by Kerr-McGee Corp., will continue to make chemicals and employ 100 workers at an affiliated company's Henderson plant, despite filing for bankruptcy protection in New York on Monday.
Source : Trading Markets
 
Company :  Lyondell Chemical
Date : January 07, 2009             Location :  USA
Lyondell Chemical, the U.S. subsidiary of LyondellBasell, has filed for Chapter 11 bankruptcy protection, citing a continuing demand slump for reduced income
Source : Purchasing.com
 
Company :  Tribune
Date : December 08, 2008             Location :  USA
NEW YORK (Reuters) - The publisher of the Chicago Tribune and the Los Angeles Times declared bankruptcy on Monday as the U.S. newspaper industry's unrelenting loss of readers and advertisers claimed its biggest victim yet.
Source : Reuters
 
Company :  PFF Bancorp
Date : December 04, 2008             Location :  USA
PFF Bancorp Inc. - the former parent of PFF Bank & Trust - announced Thursday it is filing for Chapter 11 bankruptcy. The Rancho Cucamonga company also said that its officers, except for President and CEO Kevin McCarthy, resigned Tuesday.
Source : HighBeam
 
Company :  Pilgrim's Pride
Date : December 01, 2008             Location :  USA
MILWAUKEE (AP) -- Pilgrim's Pride Corp. filed for Chapter 11 bankruptcy protection on Monday, hurt like other meat producers by volatile feed prices and slumping demand but also hobbled by an unmanageable debt load.
Source : Yahoo
 
Company :  Hawaiian Telcom
Date : December 01, 2008             Location :  Hawaii
HONOLULU (AP) -- Hawaiian Telcom Communications Inc., the largest telephone company in Hawaii, said Monday that it had filed for Chapter 11 bankruptcy protection.
Source : Yahoo
 
Company :  LandAmerica Financial
Date : November 26, 2008             Location :  USA
NEW YORK (Reuters) - LandAmerica Financial Group Inc (LFG.N) filed for Chapter 11 bankruptcy protection on Wednesday and agreed to sell its largest underwriting businesses to Fidelity National Financial Inc.
Source : Reuters
 
Company :  Downey Financial
Date : November 25, 2008             Location :  USA
NEW YORK (Reuters) - Downey Financial Corp (DWNFQ.PK), a large provider of mortgages that proved risky, on Tuesday filed for bankruptcy protection, four days after federal regulators seized its banking operations.
Source : Reuters
 
Company :  WorldSpace, Inc
Date : November 17, 2008             Location :  USA
SILVER SPRING, Md.--WorldSpace, Inc. (NASDAQ:WRSP) a leading provider of satellite radio services outside the U.S., today announced it, along with its U.S. subsidiaries WorldSpace Systems Corporation and AfriSpace, Inc. have filed for Chapter 11.
Source : BusinessWire
 
Company :  Franklin Bank Corp
Date : November 13, 2008             Location :  USA
NEW YORK, Nov 13 (Reuters) - Franklin Bank Corp (nasdaq: FBTX ), the lender founded by mortgage securities pioneer Lewis Ranieri, filed for bankruptcy protection and plans to liquidate, after federal regulators seized its banking unit.
Source : Forbes
 
Company :  Circuit City
Date : November 10, 2008             Location :  USA
Circuit City filed for bankruptcy protection on Monday, providing the clearest indication yet that the all-important holiday shopping season could be filled with static for consumer electronics retailers.
Source : CNN Money
 
Company :  VeraSun Energy
Date : November 01, 2008             Location :  USA
VeraSun Energy Corp., the second-largest U.S. ethanol producer, filed for bankruptcy protection after making bad hedging bets on corn, a raw material used to make the fuel.
Source : LA Times
 
Company :  Brooke Corporation
Date : October 28, 2008             Location :  USA
Brooke Corp. and Brooke Capital Corp. filed for reorganization Tuesday in U.S. Bankruptcy Court in Kansas, continuing the insurance franchisor?s long financial struggle.
Source : Business Journal
 
Company :  Washington Mutual
Date : September 26, 2008             Location :  USA
On September 26, 2008, Washington Mutual, Inc. and its remaining subsidiary, WMI Investment Corp., filed for Chapter 11 bankruptcy.[31] As a result, it was delisted from the NYSE, and now trades on Pink Sheets.
Source : Reuters
 
Company :  Lehman Brothers
Date : September 15, 2008             Location :  USA
NEW YORK -- After enduring one of the most dramatic days in its history, Wall Street received a climactic jolt on Monday when Lehman Brothers, a 158-year-old investment bank undermined by bad bets on real estate, said it will file for bankruptcy.
Source : CNN Money
 
Company :  Luminent Mortgage
Date : September 08, 2008             Location :  USA
NEW YORK (Reuters) - Luminent Mortgage Capital Inc LUMCE.OB, which has struggled with liquidity problems because of mortgage investments, has filed for bankruptcy protection.
Source : Reuters
 
Company :  Boscov's Inc
Date : August 04, 2008             Location :  USA
NEW YORK (Reuters) - Department store chain Boscov's Inc filed for Chapter 11 bankruptcy protection on Monday and put itself up for sale, becoming the latest retailer to succumb as consumers reduce spending.
Source : Reuters
 
Company :  IndyMac Bancorp
Date : August 01, 2008             Location :  USA
NEW YORK (Reuters) - IndyMac Bancorp Inc (IDMC.PK), once one of the largest U.S. mortgage lenders, has filed for bankruptcy protection, less than three weeks after being seized by federal regulators following a bank run by depositors.
Source : Reuters
 
Company :  Pierre Foods
Date : July 15, 2008             Location :  USA
NEW YORK, July 15 (Reuters) - Pierre Foods Inc, which makes precooked sandwiches for schools and convenience stores, said on Tuesday that it had filed for Chapter 11 bankruptcy protection, citing soaring food costs.
Source : Reuters
 
Company :  Syntax-Brillian
Date : July 08, 2008             Location :  USA
U.S. television set and digital camera maker Syntax-Brillian Corp (BRLC.O) filed for Chapter 11 bankruptcy protection on Monday after a year of weak sales, litigation, executive changes, accounting problems and liquidity concerns.
Source : Reuters
 
Company :  Fremont General Corp
Date : June 18, 2008             Location :  USA
BOSTON (Reuters) - Fremont General Corp FMNT.PK, a U.S. financial services holding company, said on Wednesday it had filed for bankruptcy protection in order to facilitate the sale of assets of its thrift unit.
Source : Reuters
 
Company :  Linens 'n Things
Date : May 02, 2008             Location :  USA
NEW YORK (Reuters) - Home goods retailer Linens 'n Things has filed for Chapter 11 bankruptcy protection and plans to close 120 underperforming stores, the company said on Friday.
Source : Reuters
 
Company :  Frontier Airlines
Date : April 11, 2008             Location :  USA
Frontier Airlines Holdings Inc. has filed for Chapter 11 bankruptcy protection, but unlike other airlines filing for bankruptcy in recent weeks, it plans to keep running while it reorganizes.
Source : CBS NEWS
 
Company :  Wellman Inc
Date : February 22, 2008             Location :  USA
NEW YORK, Feb 22 (Reuters) - Polyester and plastics maker Wellman Inc WMAN.OB said on Friday it filed for bankruptcy protection due to deteriorating business conditions and substantial debt obligations.
Source : Reuters
 
Company :  Sharper Image Corp
Date : February 20, 2008             Location :  USA
NEW YORK (Reuters) - Retailer Sharper Image Corp has filed for Chapter 11 bankruptcy protection, citing declining sales, three straight years of losses and litigation involving its Ionic Breeze air purifiers.
Source : Reuters
 
Company :  Sirva Inc
Date : February 11, 2008             Location :  USA
Sirva Inc., the nation's second-largest household goods mover, last week filed a plan to restructure its finances under Chapter 11 of the U.S. Bankruptcy Act
Source : HighBeam
 
Company :  TOUSA Inc
Date : January 29, 2008             Location :  USA
BOSTON (MarketWatch) -- TOUSA Inc., the Florida-based homebuilder that's been roiled by the housing downturn, Tuesday said it and certain subsidiaries are filing for bankruptcy.
Source : Market Watch