To help support its business during the Chapter 11 proceedings
, SMART Papers has obtained debtor-in-possession (DIP) financing from Wachovia Capital Finance, Ft.
The Portland, Ore., archdiocese and the Tucson, Ariz., diocese are under Chapter 11 proceedings
after failing to reach out-of-court settlements on millions of dollars in claims over clergy sexual abuse of minors.
It also covers a range of topics regarding Chapter 11 proceedings
, proceedings of reorganizations, avoidance/preferential transfer disputes, objections to plan, discovery disputes, and findings of court-appointed examiners.
They believe that they will have a far better chance of eventually being paid the money they are owed under the Chapter 11 proceedings
compared to legal proceedings in the UK.
"Dealers should see no effect whatsoever from CFC's Chapter 11 proceedings
. Mill Creek Bank continues to fund business without interruption, and no changes are expected," he said.
The bankruptcy law resources section includes links to the American Bankruptcy Institute, a directory of companies in Chapter 11 proceedings
and the Center for Debt Management.
Tulip went into the Dutch equivalent to Chapter 11 proceedings
in April last year (CI No 3,397), returning from the brink in mid-year thanks to the entry of new investors, the Begemann group, with an initial $50m injection of capital.
Following a vote of Bradlees creditors, the Bankruptcy Court last week confirmed Bradlees' Plan of Reorganization, allowing the regional discount retailer to emerge from Chapter 11 proceedings
But what statistics don't show is the change in the content and process of Chapter 11 proceedings
as companies seek court protection and time to reorganize.
After nearly three years of enduring Chapter 11 proceedings
, New Orleans' Dixie Brewing Co.
Bankruptcy court has agreed to a reorganization for the Odd Lot stores, which Revco sold while it was under Chapter 11 proceedings
. Revco sold the 103 stores in November 1988, to Riklis Family Corp.
Non-recourse subsidiary SN EF UnSub, LP and certain other unrestricted subsidiaries of the Company are not included in these Chapter 11 proceedings