Stelco Bankruptcy Protection Extended; Financing Under Review
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Stelco Inc., a Canadian steelmaker, was granted an extension of its bankruptcy protection by an Ontario court to finish the process of selling its operations or raising enough money to make the company viable.
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An Australian hedge fund felled by its  exposure to risky credit derivatives filed for bankruptcy  protection in the United States, and liquidators on Thursday  were assessing how much money, if any, would be returned to  investors.
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With its doorstep getting crowded with hopeful suitors, restructuring steel giant Stelco Inc. is keeping its options open despite the appeal of a $900-million financing package from Germany&#39;s Deutsche Bank.
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TORONTO (CP) - A Bay Street investment dealer has dropped out of the battle to refinance Stelco Inc., saying it can&#39;t compete in a sales process that favours the Hamilton steelmaker being taken over by an industry player.
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A GERMAN BANK&#39;S $900-million offer to refinance Stelco Inc. was approved yesterday as the benchmark bid for the restructuring Hamilton steelmaker by a judge, who challenged others to step up and prove
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Russia&#39;s OAO Severstal (CHMF.RTS: Quote, Profile, Research) made a bid for Stelco Inc. (STEa.TO: Quote, Profile, Research) on Tuesday, promising to take on the debts
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YUKOS oil company announced December 15 it has filed for bankruptcy protection today. Please see the company&#39;s statement below.
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US Airways and the federal government agreed to extend a deal in which the Air Transportation Stabilization Board will provide the financing necessary for the airline to continue operations while it is in bankruptcy.
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The company listed assets and debts of more than $100 million each in its bankruptcy petition, which was filed Friday in Delaware.
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Star Gas Partners LP SGH.N SGU.N  on Monday said it has suspended distributions on its common  partnership units and warned it may have to seek bankruptcy  protection unless it can arrange new financing for its Petro  heating oil unit.
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Adelphia said that more than 50 potential buyers had expressed interest in bidding for the company, which has been under bankruptcy protection since 2002.
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TORONTO (CP) - Stelco Inc. has salvaged a $900-million financing arrangement with Deutsche Bank despite the loss of a big General Motors contract.
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Stelco Inc., the Canadian steelmaker that&#39;s in bankruptcy protection, said it lost a contract to supply steel to General Motors Corp.
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As concerns about a possible recession increase, there are steps that investors can take to protect their portfolios.
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Euro Disney SCA said Tuesday its lenders have agreed unanimously to extend a debt plan designed to keep the troubled theme park operator afloat.
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WASHINGTON-NextWave Telecom Inc. has until Nov. 3 to detail how it plans to emerge from bankruptcy after the bankrupt PCS bidder was given another filing extension.
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ALEXANDRIA, Va.  - A federal judge on Thursday  approved an agreement between the government, lenders and US  Airways to extend financing needed to keep the bankrupt airline  flying until mid-January.