Tag Archives: chapter 11
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MGM 4 Billion Debt – Bankruptcy Looms

by bk711 on 08. Oct, 2010 in Bankruptcy, News

Metro-Goldwyn-Mayer Inc. said it has begun seeking its creditors’ approval on a prepackaged bankruptcy plan in which they will exchange more than $4 billion in debt for equity in a new company that has rights to the James Bond franchise and the upcoming two-part movie series “The Hobbit.”

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Garlock Sealing Technologies Files For Chapter 11 Protection

Garlock Sealing Technologies Files For Chapter 11 Protection

by bk711 on 07. Jun, 2010 in Chapter 11

Garlock Sealing Technologies LLC, a maker of industrial gaskets and sealing systems, filed for Chapter 11 protection Saturday in North Carolina along with two affiliates in order to get a handle on its asbestos-related personal injury claims. A wholly owned subsidiary of publicly traded industrial products maker EnPro Industries Inc. (NPO), Garlock said its primary [...]

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Thomas Kinkade firm files for bankruptcy protection

Thomas Kinkade Firm Files for Bankruptcy Protection

by bk711 on 03. Jun, 2010 in Chapter 11

The Morgan Hill manufacturing operation that reproduces the dreamlike art created by world-renowned “painter of light” Thomas Kinkade filed Wednesday for Chapter 11 bankruptcy protection to ease its real estate costs, listing nearly $6.2 million in creditors’ claims.

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Donald Trump Bankruptcy Law

Donald Trump Bankruptcy Law

by Jeff Wellington on 19. Nov, 2009 in Bankruptcy

When you first hear the name of Donald Trump, the first things that comes to mind is the “billionaire guy”; bankruptcy is far from the picture. However, before the Trump name has been associated with everything luxurious and extravagant, it is interesting to note that Donald Trump had filed and came close to filing personal bankruptcy many times over during the course of his career.

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