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Pa. gov promises bankruptcy exit help for Boscov's (AP via Yahoo! News) Gov. Ed Rendell says the state has secured $35 million in federal loans to help regional department store chain Boscov's exit bankruptcy. us.rd.yahoo.com
General Growth Taps Bankruptcy Counsel, Report Says (New York Times) General Growth Properties , the shopping mall giant, has hired law firm Sidley Austin as bankruptcy counsel as it negotiates with lenders for more time to restructure its $27 billion debt, The Wall Street Journal reported. us.rd.yahoo.com
Bailout with a price: Chapter 11 bankruptcy (AP via Yahoo! News) Mention a corporate bailout in the nation's capital these days and chances are someone will offer a harsh condition to go along with it. Chapter 11 bankruptcy. us.rd.yahoo.com
General Growth hires Sidley Austin as bankruptcy adviser (Chicago Tribune) Debt-laden mall giant General Growth Properties Inc. has hired the law firm Sidley Austin as bankruptcy counsel while it negotiates with lenders for more time to restructure its $27 billion debt load. us.rd.yahoo.com
General Growth sinks on bankruptcy concerns (AP via Yahoo! Finance) Shares of troubled mall owner General Growth Properties Inc. fell Thursday after The Wall Street Journal reported the company has hired bankruptcy attorneys as it struggles to refinance debt. us.rd.yahoo.com
Want a federal bailout? Why not bankruptcy, too? (Washington Post) WASHINGTON -- What's so bad about bankruptcy as an alternative to big bailouts for automakers or other critical U.S. companies? Frozen credit and the hardships of a Chapter 11 reorganization make it a tough pill to swallow for struggling industries and their workers. us.rd.yahoo.com
General Growth taps bankruptcy law firm: report (Market Watch) Troubled mall developer General Growth Properties Inc. has hired a law firm as bankruptcy counsel as it tries to restructure its debt and avoid a bankruptcy filing, according to a published report Thursday. us.rd.yahoo.com
General Growth takes on bankruptcy counsel: report (Reuters via Yahoo! News) General Growth Properties Inc has hired law firm Sidley Austin as bankruptcy counsel as it negotiates with lenders for more time to restructure its $27 billion debt, the Wall Street Journal said on Wednesday. us.rd.yahoo.com
Buyer of bankrupt Steve & Barry's seeks bankruptcy protection (Detroit Free Press) BH S&B Holdings, an entity formed to buy bankrupt retailer Steve & Barry's LLC out of bankruptcy for $163 million, sought court protection itself, citing the deteriorating U.S. economy. us.rd.yahoo.com
Seven famous people who survived bankruptcy (CNN) As the economy continues to look grim, the word "bankruptcy" is on the tips of more and more tongues. While being unable to pay one's creditors is never a good situation for a company or an individual, it may not be the financial kiss of death that you might think. (Just ask Donald Trump, whose casinos have gone bankrupt twice.) us.rd.yahoo.com
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