Bankruptcy
413 news items in the archive. Now showing page 1 of 21.
Tribune Co.: Bankruptcy Exit 'Possible' by October
Editor & Publisher – 2012-01-13
(Crain's) — Tribune Co. is aiming to exit bankruptcy protection by the third quarter, following a court hearing Wednesday that reaffirmed a May hearing date on the company's revamped reorganization plan. “While it is toug ...
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A more digital focus for Sun-Times Media after purchase by Chicago investors?
Editors Weblog – 2011-12-23
A local investment group is buying up Sun-Times Media for over $20 million in a move that may bring more digital focus to the media company. The Chicago Sun-Times, one of the papers owned by Sun-Times Media, announced the deal, which was previewed...
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A Talk with Neil Van Uum
Publishers Weekly – 2011-12-02
Last November, when Barnes & Noble announced that it was putting itself up for sale, Neil Van Uums bank called in the loan for his Joseph-Beth Booksellers chain. The ensuing bankruptcy has since wound down, but only after three of the six JoBeth...
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Tribune stays in bankruptcy
Guardian – 2011-11-01
Two plans to lift the Tribune Company, owner of the Los Angeles Times and Chicago Tribune, out of its three-year stay in bankruptcy have been rejected.Delaware's chief bankruptcy judge, Kevin Carey, turned down a proposed settlement advanced by the...
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Tribune Co's warring parties brace for key ruling
Reuters – 2011-10-21
(Reuters) - Tribune Co, the publisher of the Los Angeles Times and Chicago Tribune newspapers, may be nearing the end of its bitter bankruptcy that quickly followed a disastrous leveraged buyout led...
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Jewish Times publisher granted bankruptcy extension
Baltimore Sun – 2011-10-19
Publisher, creditor have until Nov. 25 to develop a reorganization plan that saves the venerable publicationA federal bankruptcy judge has granted a month-long extension to Alter Communications, which publishes the Baltimore Jewish Times and Style...
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Canadian Publishing 2011: Distribution After the Fall of Fenn
Publishers Weekly – 2011-09-16
Februarys news that the distributor H.B. Fenn and Company had filed for bankruptcy sent shock waves throughout the industry, and while the fallout has dissipated some, the industry is still examining what lessons can be drawn from Fenns demise....
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Creditors vote on fate of Jewish Times publisher
Baltimore Sun – 2011-09-09
Sept. 20 bankruptcy court hearing to decide company ownershipA vote among creditors that could help decide the future of the Baltimore Jewish Times ends on Friday, concluding the latest chapter in a contentious bankruptcy proceeding for the nearly...
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Borders liquidation approved by bankruptcy judge
Reuters – 2011-07-22
NEW YORK (Reuters) - Borders Group Inc , won bankruptcy court approval on Thursday to liquidate its 40-year-old business, effectively spelling the end for the second-largest U.S. book retailer.
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Selling After Borders
Publishers Weekly – 2011-07-22
It's no secret that Borders was hemorrhaging money long before it sought chapter bankruptcy protection five months ago. Because of the company's shaky finances, most publishers began transitioning sales to other outlets long before the bankruptcy...
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Borders US to close
The Bookseller – 2011-07-19
Written By: Bookseller Staff Publication Date: Tue, 19/07/2011 - 09:10 The final death knell for Borders US sounded yesterday as the company said its remaining 399 stores would begin winding down in three days' time. No bidders came forward to buy...
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Borders loses Najafi deal, may face liquidation
Reuters – 2011-07-15
NEW YORK (Reuters) - Borders Group Inc moved closer to going out of business as a bankruptcy judge approved a plan to liquidate the second-largest U.S. book retailer after a sale to private equity...
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Borders Resolution in Sight
Publishers Weekly – 2011-07-01
Ever since Borders Group filed for Chapter 11 in February, one of the overriding concerns of the major publishers has been that the bankruptcy process not be dragged out.
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Borders US agrees sale to Najafi
The Bookseller – 2011-07-01
Written By: Bookseller Staff Publication Date: Fri, 01/07/2011 - 09:13 Borders in the US has agreed to sell to private investment firm Najafi for $215m (£135m), it has been announced today. The Borders Group bookselling chain is now seeking...
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Barnes & Noble results hurt by Borders bankruptcy
Reuters – 2011-06-21
NEW YORK (Reuters) - Barnes & Noble Inc reported a deeper-than-expected quarterly loss on Tuesday as the largest U.S. bookstore chain came under pressure from the going-out-of-business sales of bankrupt rival Borders Group Inc.
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Borders May Avoid Some Store Closings With Lender, Creditor Deal
BusinessWeek – 2011-06-16
Borders Group Inc., the bankrupt bookstore chain, said it may have a deal with lenders and creditors to avoid closing as many as 51 stores, and it canceled an auction scheduled for today, according to a bankruptcy court filing.
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Borders to Avoid Some Closings
The Wall Street Journal – 2011-06-16
Beleaguered bookstore chain Borders Group reached a tentative deal with bankruptcy lenders to avoid closing more than three dozen stores.
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Borders staves off closing of six bookstores
Reuters – 2011-06-11
NEW YORK (Reuters) - Bankrupt Borders Group Inc reached agreements to avoid shuttering six of its stores that the bookseller planned to close under the terms of its bankruptcy loan.
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Borders may have to close some of its best stores
Reuters – 2011-06-09
NEW YORK (Reuters) - Bankrupt Borders Group Inc said it may have to close up to 51 more stores -- including some of its most successful -- as the shrinking bookstore chain struggles to avoid defaulting on a bankruptcy loan.
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Retirees Sue Tribune Shareholders
Editor & Publisher – 2011-06-03
Retirees from Times Mirror and Tribune Co. seek $109 million in retirement benefits, and also complain of allegedly fraudulent transfers, and the $200 million cost of Tribune's bankruptcy proceedings.
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