Home » Archive

Articles tagged with: bankruptcy

Featured, Headline News, Residential »

[21 Aug 2010 | No Comment | ]

A New York daily has reported last week that 17-year NFL veteran Mark Brunell could be joining the roster of the New York Jets as a support quarterback for team starter Mark Sanchez.
Reports said that the 39-year-old Brunell started visiting the Jets training camp in April and with the team believing that the veteran quarterback could provide a boost by mentoring Sanchez, he was invited to join the Jets’ workout in Florham Park on Wednesday.
However, a survey conducted by the Daily News during the NFL’s season break showed that a …

Finance, Street Talk »

[26 Jul 2010 | No Comment | ]

BOSTON, July 26 — Uno Restaurant Holdings Corporation (“Uno” or the “Company”) today announced that it has emerged from chapter 11 pursuant to its plan of reorganization ( the “Plan”), confirmed by the United States Bankruptcy Court for the Southern District of New York on July 6, 2010.
“Today’s successful emergence from Chapter 11 completes the restructuring process in just six months and allows us to turn our full attention to the growth and development of the Uno brands, which consist of our flagship casual dining restaurant, Uno Chicago Grill®, our …

Finance, Legal, Street Talk »

[26 Jun 2010 | No Comment | ]

TULSA, Okla. — National Commercial Auctioneers [www.natcomauctions.com] announces a court-ordered event auction event featuring properties in Fort Smith, Ark., and Haskell, Okla., on August 24, according to Stephen Karbelk, CAI, AARE, President.
“We have some excellent investment opportunities here,” noted Karbelk. “Now is the prime time to pick up investment real estate at auction prices.”
The first property in this auction is a 1,750 square-foot historic bank building with large windows and ornate brick. Located at 100 East Main Street in Haskell, Okla., this ornate structure was built in 1920. It was …

Finance, Street Talk »

[18 May 2010 | No Comment | ]

CRANFORD, N.J., July 30 — The Newark Group, Inc. (the “Company”), an integrated global producer of 100% recycled paperboard and paperboard products, today announced that it has obtained court approval of its prepackaged plan of reorganization. The plan was approved by the U.S. Bankruptcy court in Newark, New Jersey just 51 days after commencement of the case. The Company expects to exit Chapter 11 in mid- August.
The Company’s two impaired creditor classes voted in favor of the plan by greater than 90%. Likewise, the Company’s two impaired classes of equity …