Recent Bankruptcy Posts
[Posted on November 3, 2009 at 12:53 PM]
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The telecom denies wrongdoing, as bondholders call for an examiner to investigate FairPoint's prebankruptcy maneuvers.
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[Posted on November 2, 2009 at 1:26 PM]
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The FDIC closed nine banks this weekend, plus commercial lender CIT Group filed for bankruptcy.
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[Posted on November 1, 2009 at 6:36 PM]
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CIT Group files for bankruptcy, one of the biggest Chapter 11 filings in U.S. history.
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[Posted on October 30, 2009 at 1:39 PM]
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The story of Washington Mutual is a horror story for bank executives and one that just won't die.
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[Posted on October 29, 2009 at 10:59 AM]
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Middle-market lender CIT Group is in the process of securing a $4.5 billion lifeline from a group of bondholders that reportedly includes Silver Point Partners.
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[Posted on October 28, 2009 at 3:58 PM]
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SLG and a subsidiary say they want to be involved in the restructuring of debt for Manhattan residential complex Stuyvesant Town Peter Cooper Village, which was purchased in 2006.
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[Posted on October 28, 2009 at 12:28 PM]
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Z Gallerie emerged from Chapter 11 just in time for the Christmas season, but the latest signs on the pulse of the economy seem to show it will have a tough time luring shoppers.
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[Posted on October 26, 2009 at 4:20 PM]
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A look at the news moving deal-related stocks including ING Group, Bank of America, Blackstone Group and CIT Group.
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[Posted on October 26, 2009 at 12:23 PM]
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The commercial real estate market has claimed PE-backed Capmark, and things look like they'll be worse before they get better for the sector.
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[Posted on October 26, 2009 at 10:10 AM]
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The Federal Deposit Insurance Corp. closed 7 banks Friday, bringing the total number of failed banks this year to 106.
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[Posted on October 23, 2009 at 5:23 PM]
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As the 11th hour approaches on CIT's debt exchange, the troubled lender's CEO warned bondholders that it could go into a messy 'free-fall bankruptcy' if they don't vote for an exchange or prepack filing plan.
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[Posted on October 23, 2009 at 4:32 PM]
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A look at the news moving deal-related stocks including CIT Group, Goldman Sachs Group, Merck and American International Group.
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[Posted on October 23, 2009 at 5:59 AM]
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A New York state court judgment ruled that Tishman, BlackRock and previous owners of Stuyvesant Town raised rents on tenants illegally. The ruling could cost the current and previous owners millions in back rent.
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