Entries tagged "FTI Consulting Inc."

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American Suzuki wins confirmation

The distributor of Suzuki products will wind down its automotive business and reorganize around its remaining operations. Continue reading

Posted on March 4, 2013 4:19 PM

Flowers unit bids for Wonder bread

The second-largest maker of bakery goods in the U.S. makes a $390 million stalking-horse offer for the national bread operations of bankrupt Hostess Brands. Continue reading

Posted on January 14, 2013 1:35 PM

As strike continues, Hostess decides to liquidate

The bankrupt maker of Wonder bread and Twinkies will now look to sell those and other iconic brands as one of its largest unions fails to heed the company's warning to end their work stoppage. Continue reading

Posted on November 16, 2012 11:05 AM

Hawker Beechcraft abandons $1.8B sale

The end of talks with Superior Aviation Beijing means the aircraft manufacturer will pursue a standalone exit from Chapter 11. Continue reading

Posted on October 18, 2012 1:36 PM

Teamsters OK CBA, save Hostess from liquidation

The union narrowly passes a new labor pact, but now the bankrupt maker of Twinkies must get a court to enforce a modified contract that the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union rejected. Continue reading

Posted on September 17, 2012 2:00 PM

Dynegy deal involving more than $2.5B in claims OK'd

Unsecured creditors of the electricity producer's bankrupt subsidiary will get 99% of the common equity in the reorganized company after a court provides its blessing Continue reading

Posted on June 6, 2012 11:53 AM

Dynegy hit with trustee motion

The move by the U.S. trustee comes after the examiner for the energy company finds it fraudulently transferred certain assets Continue reading

Posted on March 12, 2012 11:35 AM

A&P confirmation pushed again

The grocery store operator works to finalize its $750 million in exit financing Continue reading

Posted on February 14, 2012 1:17 PM

Kodak files for bankruptcy

Once a giant when it came to producing camera and film, the company's liquidity problems and steep legacy costs compound a decade-long struggle to strategically transform its business. Continue reading

Posted on January 19, 2012 11:16 AM

PE-backed Hostess Brands returns to Ch. 11

The Twinkies maker, which exited bankruptcy in 2009, is felled again by labor and benefits costs Continue reading

Posted on January 11, 2012 2:07 PM

Report: Kodak debtholders hire Blackstone

The company in July enlisted Lazard to help explore options, including potential asset and patent sales Continue reading

Posted on November 15, 2011 11:30 AM

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