9 result(s) displayed (1 - 9 of 9):

Joss Whedon bids on 'Terminator' franchise (from Corporate Dealmaker)

The auction isn't slated to happen until later this month (reportedly), but the multimillion dollar "Terminator" movie franchise has its first formal bidder ... sort of. It's not a major film studio such as Sony Pictures or an investment fund; it's filmmaker and writer Joseph Hill "Joss" Whedon. He made...

Posted on November 4, 2009 12:42 PM

Eddie Bauer bankruptcy this week? (from Corporate Dealmaker)

Outdoor clothing company Eddie Bauer Holdings Inc. (NASDAQ:EBHI), which exited from Chapter 11 in June 2005, may file for bankruptcy this week. Bloomberg cited five people with knowledge of the discussions saying that may happen and that Hilco Consumer Capital LLC and CCMP Capital Advisors LLC expressed interest in bidding...

Posted on June 9, 2009 4:15 PM

Chrysler commentary: Bankruptcy better anyway (from Corporate Dealmaker)

Hedge funds played hardball on Chrysler's debt-for-equity exchange offer. That's exactly how Sandra Mayerson, a bankruptcy attorney at Squire, Sanders & Dempsey LLP, predicted hedge funds would respond in our interview with her on Tuesday.

Posted on April 30, 2009 9:17 AM

Bankruptcy may be White House's preferred path for GM (from Corporate Dealmaker)

Citing members of Congress who were briefed on the dire situation at General Motors Corp. (NYSE:GM) and Chrysler LLC, Bloomberg News is reporting that President Obama believes a quick, negotiated bankruptcy is the most likely way for GM to restructure and become a competitive automaker. Such a move may satisfy...

Posted on April 1, 2009 8:23 AM

GM considers Chapter 11, Obama picks panel over car czar (from Corporate Dealmaker)

General Motors Corp. CEO Rick Wagoner, once resolutely opposed to a GM bankruptcy, is now considering that very option, according to a Wall Street Journal report. On Tuesday in Washington, GM and Chrysler will present the Treasury with an update on their progress thus far and restructuring options as they...

Posted on February 16, 2009 1:35 PM

Heavy debt sinks another firm; AtheroGenics files for Chapter 11 (from Corporate Dealmaker)

Drug developer AtheroGenics Inc. filed for Chapter 11 bankruptcy and "expects to sell the company and/or its key assets." A substantial debt burden hindered the pharmaceutical firm from effectively developing its primary asset, AGI-1067, a drug used for the treatment of atherosclerosis, or hardening of the arteries. TheDeal.com recently...

Posted on October 7, 2008 2:09 PM

Business bankruptcies boom (from Corporate Dealmaker)

In the upcoming issue of our print publication Corporate Dealmaker, we have a story on the challenges of buying intellectual property assets out of bankruptcy. And -- unfortunately -- our timing couldn't be better. The latest bankruptcy stats just out from the Administrative Office of the U.S. Courts confirm that...

Posted on June 4, 2008 8:42 AM

Hostess Twinkies/Wonder Bread may be on sale (from Corporate Dealmaker)

In order to possibly re-emerge from Chapter 11 as a standalone company, Interstate Bakeries Corp. has asked the Bankruptcy Court to extend the confirmation hearing on its plan of reorganization, currently scheduled for March 12, to April 23. That means IBC expects the commitment from Silver Point Finance LLC for...

Posted on March 10, 2008 12:50 PM

Distress test (from Corporate Dealmaker)

For skilled buyers of distressed assets, the past several years were a boom time. Factors as diverse as an economic downturn, corporate fraud and terrorist attacks compelled a number of companies to restructure. Fundamentally sound businesses became available at excellent prices to buyers who could manage the challenges of...

Posted on April 15, 2005 3:36 PM