Topic: Company Bankruptcies
Judge approves Freedom reorganization plan
AP News
Freedom Communications wins court approval of Chapter 11 reorganization planNewspaper and television company Freedom Communications won approval from a bankruptcy judge on Tuesday for a reorganization plan that would give key lenders ownership of the company. In exchange, the company's secured lenders, led by JPMorgan Chase, would cut the ...
Summary Box: Freedom reorganization plan approved
AP News
Summary Box: Freedom Communications wins court approval of Chapter 11 reorganization planTHE APPROVAL: A bankruptcy judge clears Freedom Communications' reorganization plan. THE PLAN: Key lenders would get ownership of the company and would cut the amount of debt that Freedom owes them by nearly 60 percent. Burl Osborne, named interim ...
Ind., Colo. casino owner files bankruptcy
AP News
Indiana, Colorado casino owner Centaur files for bankruptcy protection; casinos remain openThe company that owns Indiana's Hoosier Park casino and horse track is putting its Colorado casino up for sale as it works to revamp its payments on at least $574 million in debt under its filing for Chapter ...
Ind., Colo. casino owner files for bankruptcy
AP News
Indiana, Colorado casino owner Centaur files for bankruptcy protection; casinos remain openThe company that owns Indiana's Hoosier Park casino and horse track and a Colorado casino has filed for Chapter 11 bankruptcy protection. Centaur LLC says normal operations will continue at Hoosier Park in Anderson and Fortune Valley Hotel ...
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