Stories tagged with "bankruptcy filing"

Major lender files for Chapter 11 by indystar

Business loans to continue, as action keeps CIT afloat; U.S. likely out $2.3 billion WASHINGTON — Lender CIT Group has filed for Chapter 11 bankruptcy protection in an effort... – Nov 02, 2009 at 12:00 AM in Business

Cubs file for bankruptcy in $845M deal by indystar

NEW YORK — The Chicago Cubs baseball team filed for Chapter 11 bankruptcy protection today, a step that will allow its corporate parent to sell the team in an $845 million deal.... – Oct 12, 2009 at 4:49 PM in Sports

Accuride Corp. files for Chapter 11 restructuring by indystar

Evansville — Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, said Thursday it has filed for Chapter 11 bankruptcy reorganization as part of a... – Oct 09, 2009 at 12:00 AM in Business

Briefly Around the State + Nation by indystar

Accuride Corp. files for Chapter 11 restructuring Evansville Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, said Thursday it has filed for Chapter... – Oct 09, 2009 at 12:00 AM in Business

Accuride Corp. in Evansville files for bankruptcy by Tom Spalding

Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, today said it has filed for Chapter 11 bankruptcy reorganization as part of a widespread debt... – Oct 08, 2009 at 6:59 AM in Business

Uncertainty of corporate life yields a business revelation by indystar

I grew up believing that you obtain a good education, seek a career with a major corporation, commit yourself to that corporation and work hard, and in return your company provides... – Sep 13, 2009 at 12:00 AM in Business

Ind. mayor comfortable with Chrysler's new owner by indystar

KOKOMO, Ind. — Kokomo’s mayor says he’s very comfortable with the commitment of Chrysler’s new owners to its four factories in his city. Mayor Greg Goodnight and... – Jul 17, 2009 at 11:06 AM in Business

Oceanaire bankrupt, but Indy site stays open by Tom Spalding

The high-end seafood restaurant chain Oceanaire Inc. has filed for Chapter 11 bankruptcy and closed four of its 16 restaurants, but the Indianapolis location at 30 S. Meridian St.... – Jul 07, 2009 at 1:30 PM in Business

Kokomo mayor to visit Fiat officials by indystar

KOKOMO — Mayor Greg Goodnight will travel to Italy next month for meetings with executives of Fiat Group, which now controls Chrysler and its four factories in Kokomo.... – Jun 24, 2009 at 1:00 AM in Business

Kokomo mayor plans meetings with Fiat execs by indystar

KOKOMO, Ind. — Kokomo Mayor Greg Goodnight will travel to Italy next month for meetings with executives of Fiat Group, which now controls Chrysler and its four factories in his... – Jun 23, 2009 at 3:57 PM in State

Chrysler renegotiates Cummins contract by Ted Evanoff

Cummins has slowed the retooling of the main engine plant in Columbus as bankrupt Chrysler renegotiates a diesel supply contract, Cummins spokesman Mark Land said today. Cummins... – Jun 18, 2009 at 7:03 PM in Business

Penske strikes deal to buy Saturn by indystar

General Motors Corp. this morning announced a tentative deal for renowned Detroit businessman Roger Penske to acquire GM’s struggling Saturn brand and distribution network.... – Jun 05, 2009 at 11:31 AM in Business

We're all GM families now by indystar

WASHINGTON — We were a GM family when I was growing up, back when Americans could be roughly divided into clans according to which of the Big Three automakers they... – Jun 03, 2009 at 1:00 AM in Commentary

Changes and the GM family by indystar

General Motors Corp.’s Chapter 11 bankruptcy will have consequences for everyone from its suppliers to customers to dealers. Here’s a look at what it means for each of... – Jun 02, 2009 at 1:00 AM in Business

Once giant GM driven to file for bankruptcy by Ted Evanoff

Obama plan gives taxpayers 60 percent ownership stake NEW YORK — General Motors filed for Chapter 11 bankruptcy protection Monday as part of the Obama administration’s plan to... – Jun 01, 2009 at 10:10 AM in Business

Spring surge continues as May is kind to recovering market by indystar

NEW YORK — Wall Street sealed the third month of its spring rally with a nice advance. The fourth month looks a little less certain. Stocks shot higher right before the... – May 30, 2009 at 1:00 AM in Business

UAW: GM to take back Delphi-Kokomo by indystar

General Motors Corp. has agreed to take ownership of five production facilities from bankrupt parts supplier Delphi Corp., including a plant in Kokomo, according to the United Auto... – May 27, 2009 at 1:00 AM in Business

Rough waters ahead by Jeff Swiatek

Lauth’s bankruptcy filing claims that lender breached financial agreement and is now preying upon the distressed Carmel developer Lauth Group is in a fight for its corporate... – May 10, 2009 at 1:18 AM in Business

Norwood: Bankruptcy won't result in layoffs by Tom Spalding

Private-equity firm to buy locally based company that makes promotional products An Indianapolis-based company that specializes in promotional products has filed for bankruptcy... – May 07, 2009 at 1:53 AM in Business

Cummins cuts production at Indiana engine plant by indystar

Workers at a Cummins Inc. engine plant in Indiana are working only two days this week and may see additional cuts in hours due to the shutdown of a Chrysler pickup truck assembly... – May 05, 2009 at 12:16 PM in Business