Mega Brands seeks U.S. bankruptcy court protection
TORONTO (Reuters) – Canadian toymaker Mega Brands , which has been trying to recover from a big product recall several years ago, filed a Chapter 15 proceeding in a U.S. bankruptcy court in Delaware, clearing the way for a key recapitalization vote next month.
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(AFX UK Focus) 2010-02-17 19:19 U.S. seeks examiner for Tribune bankruptcy
By Tom Hals WILMINGTON, Del., Feb 17 (Reuters) The U.S. official overseeing the Tribune Co bankruptcy wants a court-appointed examiner to investigate the 2007 leveraged buyout led by Sam Zell, which bondholders blame for the company’s Chapter 11 filing.
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Mega Brands seeks creditor protection in U.S. court
Mega Brands , a Canadian toymaker trying to recover from a big product recall four years ago, filed for protection from creditors with a U.S. bankruptcy court, clearing the way for a key capitalization vote next month.
Read more on Reuters via Yahoo! Canada News
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Willcom files, seeks rehab under ETIC
Willcom Inc., a struggling telecommunications company, filed Thursday for bankruptcy protection with the Tokyo District Court. The provider of personal handy-phone system services, a no-frills, low-cost mobile telephone system, hopes to tap a government-backed turnaround body for funds to help turn around its fortunes.
Read more on The Japan Times
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American Airlines union seeks first step to strike
(AP:DALLAS) The union representing ground workers at American Airlines wants to take a big step toward a strike against the nation’s second-largest airline.
Read more on INO News
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