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Chrysler Hearings Begin in Bankruptcy Court

The fate of Chrysler shifted from Washington to a Manhattan courtroom on Friday, as lawyers for the automaker sought a settlement with creditors.


Final Effort to Avert Chrysler Bankruptcy Falls Short

Final Effort to Avert Chrysler Bankruptcy Falls Short

With a bankruptcy filing by Chrysler appearing all but certain, President Obama will address the fate of the automaker at noon.


Plan Would Oust Chrysler CEO

Under bankruptcy plan government is preparing, Fiat management would take control, sources say.


Treasury Sweetens Offer to Chrysler Debt Holders

The Treasury Department has sweetened its offer to holders of Chrysler’s secured debt in a last-minute attempt to keep the iconic American automaker out of bankruptcy court, according to people briefed on the matter.


Roller-coaster ride for MGM Mirage

Shares go on a roller coaster, first dropping sharply on reports that bondholders were pushing to force the company into Chapter 11, and then rising fast on news that it cut a deal with its joint-venture partner on its multibillion-dollar CityCenter project.


Chicago Sun-Times owner files for bankruptcy

Chicago Sun-Times owner files for bankruptcy

The Sun-Times Media Group, owner of the Chicago Sun-Times and dozens of suburban newspapers, has filed for bankruptcy protection from creditors.


G.M. auditors raise the specter of Chapter 11

G.M. auditors raise the specter of Chapter 11

General Motors Corp.'s auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan.


Trump Unit Files for Chapter 11

Trump Entertainment filed for Chapter 11 protection after its board authorized the filing in a pre-emptive move.


Sirius Creditors Slam Bankruptcy

Group says it will push to oust company's CEO if he cannot find an investor to save it.


GM: Bankruptcy or More Aid

GM's viability plan will offer the U.S. a choice to commit billions more in bailout money or provide financial backing as part of a bankruptcy filing.


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