Hertz GC Sues Analyst Who Said Company Could Go Bankrupt

Posted by on Sep 30th, 2009

Take it back. That’s what general counsel Jeffrey Zimmerman of Hertz Global Holdings has demanded from a research firm that put Hertz on a list of companies “likely to go bankrupt or suffer severe financial distress.” Zimmerman initially wrote a letter to Audit Integrity, accusing the firm of reaching “incomplete and misleading conclusions” in a September report.

Bankruptcy judge rejects both bids to buy Coyotes

Posted by on Sep 30th, 2009

The NHL could claim a partial victory on Wednesday after a U.S. bankruptcy judge rejected bids by the league and Canadian billionaire Jim Balsillie to purchase the Phoenix Coyotes. Judge Redfield T

RIM’s Balsillie Loses Bid To Buy Bankrupt Hockey Team

Posted by on Sep 30th, 2009

Blackberry billionaire James Balsillie has lost his fight for control of the bankrupt Phoenix Coyotes hockey team, about which I wrote last month. An Arizona bankruptcy judge today rejected both of two competing bids for the team, one by Balsillie, co-CEO of Canadian wireless giant Research In …

Bankruptcy judge nixes both bids for Coyotes

Posted by on Sep 30th, 2009

A US bankruptcy judge turned down both bids for the Phoenix Coyotes on the eve of the new National Hockey League season, nixes a relocation bid to Canada but leaving hope for an NHL takeover.

CIT eyes debt exchange or prepack bankruptcy: sources

Posted by on Sep 30th, 2009

NEW YORK – CIT Group Inc is planning to offer its unsecured debt holders two options: either exchange their debt voluntarily, or face a prepackaged bankruptcy, sources close to the situation said on Wednesday.

CIT eyes debt exchange or prepack bankruptcy: sources

Posted by on Sep 30th, 2009

CIT Group Inc is planning to offer its unsecured debt holders two options: either exchange their debt voluntarily, or face a prepackaged bankruptcy, sources close to the situation said on Wednesday.

Massey buys reserves, mines from bankrupt rival

Posted by on Sep 30th, 2009

CHARLESTON, W.Va. — Coal producer Massey Energy Co.

Bankruptcy judge rejects both bids for Coyotes

Posted by on Sep 30th, 2009

PHOENIX — A bankruptcy judge has rejected both bids to buy the Phoenix Coyotes.

Massey buys reserves, mines from bankrupt rival

Posted by on Sep 30th, 2009

Associated Press – September 30, 2009 5:45 PM ET CHARLESTON, W.Va. – Coal producer Massey Energy Co

Jason Priestley to star as morally bankrupt car salesman in cable sitcom

Posted by on Sep 30th, 2009

TORONTO – Jason Priestley is returning to series television with a comedy about a morally bankrupt used car salesman.