Entries tagged "U.S. Bank NA"

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Crying all the way to bankruptcy

The former operator of the now-shuttered Liberace Museum has filed for bankruptcy after being sued by its lender for defaulting on a loan. Continue reading

Posted on October 26, 2012 4:00 PM

Evergreen Solar to abandon property

Evergreen Solar, partially owned by hedge fund Aristeia Capital, blamed its bankruptcy filing on the "intensely competitive and rapidly evolving" solar power market. Continue reading

Posted on March 15, 2012 12:06 PM

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

Grubb & Ellis gets DIP, stalking-horse bid

The commercial real estate services company, hurt by operating losses and negative cash flow, secures a $34.83 million credit bid for its assets from BGC Partners Continue reading

Posted on February 21, 2012 4:08 PM

Summer View set for plan hearing

The owner of a California apartment complex would pay all creditors in full over time through the future sale of its property Continue reading

Posted on January 3, 2012 3:48 PM

American Airlines parent flies into Ch. 11

AMR, the only major carrier in the U.S. to not go bankrupt, finally succumbs as high costs, excess debt and intensifying competition create too much turbulence Continue reading

Posted on November 29, 2011 11:04 AM

Jefferson County launches record Chapter 9 case

After lengthy out-of-court negotiations that proved unsuccessful, the Alabama county will seek to restructure more than $4 billion in debt, making the proceeding the largest ever under Chapter 9 Continue reading

Posted on November 10, 2011 12:37 PM

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