Loral files reorganization plan with court
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CHICAGO, Aug 19  - Loral Space &amp; Communications Ltd. (LRLSQ.OB: Quote, Profile, Research) , a bankrupt satellite operator, on Thursday said it filed its reorganization plan and it expects to emerge from bankruptcy before year&#39;s end.
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Movie Gallery Inc, the second-biggest U.S. video rental chain, said it filed a reorganization plan in bankruptcy court, and hopes to emerge from Chapter 11 next year.
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A month after a devastating legal ruling, the SCO Group said Friday it's filed for Chapter 11 bankruptcy protection while it reorganizes.
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CHICAGO, Aug 20  - UAL Corp.&#39;s (UALAQ.OB: Quote, Profile, Research) United Airlines on Friday said it has agreed with its creditors committee to a 30-day extension on the period in which it can file an exclusive bankruptcy reorganization plan.
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Delphi Corp.  laid out a road map for reorganization on Monday that includes an investment of up to $3.4 billion from a private equity group, potential creditor recoveries and an executive succession plan.
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Auto parts maker Delphi Corp   said it would file a reorganization plan on Thursday that lays  out a definitive agreement with former parent General Motors  Corp  and a path to exiting bankruptcy by the end of the  year.
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United Airlines on Friday said it has agreed with its creditors' committee to a 30-day extension, subject to court approval, of the period during which it can exclusively file a bankruptcy reorganization plan.
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Financially struggling Interstate Bakeries Corp. early today filed for Chapter 11 bankruptcy reorganization in the US Bankruptcy Court in Kansas City.
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Memo outlines converting four divisions into two, as company refocuses.
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A bankruptcy court judge on Friday  granted United Airlines UALAQ.OB another 30-day extension to  file its reorganization plan.
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A month after a devastating legal ruling, The SCO Group says it's filed for Chapter 11 bankruptcy protection while it reorganizes.
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NEW YORK (Dow Jones/AP) -- Altria Group Inc. is beginning to make the needed preparations to possibly split up into several parts in order to maximize shareholder value, chairman and chief executive Louis Camilleri said Thursday.
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Delphi Corp.  laid out a road map for its reorganization on Monday that includes up to a $3.4 billion investment from a private equity group in the bankrupt auto parts maker, potential creditor recoveries and an executive succession plan.
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The telecom, which holds billions of dollars worth of wireless spectrum, has until mid-October to file its reorganization plan.
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Bankrupt carrier Hawaiian Airlines said it reached an agreement with a court-appointed trustee on a plan of reorganization. The bankruptcy plan, which requires court approval, offers creditors full repayment on their claims, the company said.
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The company said it planned a major job shift to cut costs, saying the reorganization will affect 1,650 jobs, or nearly 12 percent of its work force.
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CA's chief financial officer said the software vendor expects to make additional restructuring moves in a bid to reduce its annual costs by another $200 million.