Archive for the 'Chapter 11 Bankruptcy' Category

AMR: What does Chapter 11 bankruptcy mean for American Airlines fliers?

Sbarro Inc. has exited Chapter 11 bankruptcy protection with reduced debt and a new $35 million capital infusion from its lenders, the Italian quick-service company said Tuesday. Interim president and chief executive Nicholas McGrane called the 3 carrier, has filed for for Chapter 11 bankruptcy protection to restructure its debt load built up after years [...]

American and American Eagle File for Chapter 11 Bankruptcy

American Airlines and American Eagle's parent companies are filing for Chapter 11 bankruptcy protection. (Nov. 29) (/The Associated Press) Correction: Clarification: SuperFan badge holders consistently post smart, timely comments about Washington area On Oct. 31, the same day the New York firm filed for Chapter 11 bankruptcy-court protection, MF Global shifted $220 million in money [...]