Crunch Fitness is poised to exit bankruptcy by mid-September as it closes a sale to Bay Area-based New Evolution Fitness Co. and another investor.
BANKRUPTCY RECOVERY
You Can Recover From Bankruptcy and Bad Credit
Archive for August, 2009
Sherman & Howard gains three bankruptcy attorneys
Posted in August 31st, 2009
Three bankruptcy attorneys are making the jump from the Fennemore Craig PC law firm to Sherman & Howard LLC.
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Marysville Appeal-Democrat owner close to Chapter 11
Posted in August 31st, 2009
Freedom Communications Inc. of Irvine, the owner of the Appeal-Democrat newspaper in Marysville and the Orange County Register, is expected to file for Chapter 11 bankruptcy organization this week, according to the Wall Street Journal.
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Shareholders oust Forgent’s board
Posted in August 31st, 2009
Forgent Networks Inc. shareholders voted to replace its board of directors with a roster nominated by New York-based investors who have been in a proxy fight with the company’s management for the last several months.
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Former First Colony execs file Chapter 11
Posted in August 31st, 2009
The founder of Charlotte suburban office developer First Colony Corp. and his daughter, who now leads regional real estate company Colony Development Partners, have both filed for Chapter 11 bankruptcy protection and have also put three of their companies into bankruptcy protection as well.
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Star Tribune proposes four new directors
Posted in August 31st, 2009
The Minneapolis Star Tribune has proposed four new board members as part of its bankruptcy restructuring, the newspaper announced Monday.
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GE Capital led $197M in Spectrum financing
Posted in August 31st, 2009
GE Capital, Restructuring Finance reported Monday it led a $197 million revolving credit facility as part of $242 million in reorganization financing for Spectrum Brands Inc.
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Nortel seeks bankruptcy extension until 2010
Posted in August 31st, 2009
Nortel Networks has filed a court request in Delaware asking that the company’s deadline for filing a bankruptcy reorganization plan be extended from Sept. 11 to Feb. 1, 2010.
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Guaranty parent files bankruptcy
Posted in August 31st, 2009
As expected, the holding company for Guaranty Bank has filed for Chapter 11 bankruptcy protection following its collapse.
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When will Delphi leave Chapter 11?
Posted in August 31st, 2009
As September arrives, so does the anticipated emergence of Delphi Corp. from nearly four years of operating under Chapter 11 bankruptcy protection.
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