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April 28, 2008

Banks Object to Fabrikant Liquidation Plan

Filed under: Uncategorized — admin @ 7:14 am

A group of lenders has objected to M. Fabrikant & Sons Inc.’s latest proposed chapter 11 liquidation plan, saying that if approved, it would prejudge a dispute between the lenders and the company’s creditors, Bankruptcy Law360 reported on Friday. The objection was filed on Tuesday by JPMorgan Chase Bank NA, ABN Amro Bank NV, Bank of America NA, HSBC Bank USA and others. The banks said that the plan filed jointly by Fabrikant and its creditors committee on April 16, improperly addressed the lender’s right to recover attorneys’ fees in an adversary proceeding brought by the creditors. That should be decided as part of the adversary proceeding itself, the objection said.

House Committees to Markup Legislation Focusing on Bankruptcy Relief for Active Duty Military, Housing Stimulus Package

Filed under: Uncategorized — admin @ 7:11 am

April 24, 2008

Ford Eyes More Cuts as Recovery Advances

Filed under: Automotive — admin @ 5:50 am

Surging Energy Costs Take a Big Toll on Airline Earnings

Filed under: Airlines — admin @ 5:48 am

Lenders Swamped by Delinquent Mortgages

Filed under: Mortgages — admin @ 5:47 am

April 19, 2008

House Committee to Act Quickly on Housing Rescue Measures

Filed under: Uncategorized — admin @ 6:47 am

April 15, 2008

McCain to Propose Tax Cuts, Medicare and Student Lending Reforms

Filed under: Uncategorized — admin @ 10:32 am

Retailing Chains Caught in a Wave of Bankruptcies

Filed under: Retail — admin @ 10:27 am

April 9, 2008

House Democrats to Offer Housing Stimulus Plan

Filed under: Uncategorized — admin @ 6:57 am

April 3, 2008

Senators Agree to Craft Compromise on Housing Stimulus

Filed under: Uncategorized — admin @ 6:49 am

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