Entries tagged "bankrupcty"
A CIT Group Inc. (NYSE:CIT) bankruptcy would have an impact on middle market lending says Marshall Heinberg, the head of investment banking at Oppenheimer & Co.
"Survival will all be about liquidity and leverage" in the retail space, explains Holly Etlin of AlixPartners LLP.
Barclays plc on Wednesday agreed to spend $1.75 billion on the North American investment banking unit of Lehman Brothers Holdings Inc., saving up to 10,000 jobs and securing itself a prominent role in the annals of the U.S.' largest bankruptcy. ...
Lehman Brothers Inc., the No. 4 U.S. investment bank, said it plans to file for bankruptcy protection on Monday, marking the largest bankruptcy ever. ...
Steve & Barry's LLC may be saved from liquidation after all. The clothing retailer has apparently received a takeover bid from an unidentified hedge fund, according to the New York Post....
Here are some of the latest bankruptcy stories our reporters have been covering Tuesday morning on TheDeal.com. For more bankruptcy coverage, check out the bankruptcy channel on TheDeal.com or visit Bankruptcy Insider. Go Fig moves toward public auction Following the conversion of Go Fig Inc.'s case to a Chapter 7 liquidation proceeding, a public auction of its assets could be in the company's near future. A hearing to seek approval for a public auction is scheduled for May 28. Go Fig has hired liquidator Atec Inc. to market its assets. - Carolyn Okomo Sturgis judge to weigh $41M offerThe...
