Bankruptcy News

News Yahoo! News Search Results for bankruptcy Yahoo! News Search Results for bankruptcy Tropicana Las Vegas emerges from bankruptcy (San Francisco Chronicle) Tropicana Las Vegas has emerged from Chapter 11 bankruptcy with new owners. Toronto-based Onex Corporation and former MGM Mirage President Alex Yemenidjian acquired a majority stake in the Las Vegas hotel-casino this week, as it completed its yearlong... Sponsored Topics: Las Vegas Strip - Onex Corporation - Alex Yemenidjian - Las Vegas - United States Tropicana Las Vegas emerges from bankruptcy (San Diego Union-Tribune) Tropicana Las Vegas has emerged from Chapter 11 bankruptcy with new owners. Creditors to get more money in updated Vick bankruptcy plan (USA Today) In the Michael Vick bankruptcy plan rejected in April by a federal judge, he sought to keep two homes and three vehicles. He has cut that to one home and one vehicle in his new plan, which also increases how much of any of future income he must turn over to pay off millions in debts. Tropicana emerges from bankruptcy with new owners (KVBC Las Vegas) Tropicana Las Vegas has emerged from Chapter 11 bankruptcy with new owners. Toronto-based Onex Corporation and former MGM Mirage President Alex Yemenidjian acquired a majority stake in the Las Vegas hotel-casino this week, as it completed its yearlong bankruptcy process. GM Bankruptcy Judge Ends Hearing, Will Weigh Automaker’s Sale (Bloomberg) July 3 (Bloomberg) -- General Motors Corp. ’s battle with creditors over its reorganization neared an end yesterday, leaving it up to a bankruptcy judge to decide the fate of a plan to create a streamlined carmaker by selling its best assets to a group led by the U.S. Treasury. BANKRUPTCY PLAY (New York Post) RICHMOND, Va. -- Suspended NFL star Michael Vick has submitted a revised bankruptcy plan that funnels more of his future earnings to creditors, though a judge did not immediately rule on the proposal. Vick filed the new Chapter 11 plan yesterday... Vick files revised bankruptcy plan in Va. court (AP via Yahoo! News) Suspended NFL star Michael Vick would keep one vehicle, one home and a large assortment of furniture and personal items if his creditors and the judge who rejected his previous bankruptcy plan approve a revised one filed Thursday. Vick files revised bankruptcy plan; no ruling yet (Sports Illustrated) RICHMOND, Va. (AP) -- Suspended NFL star Michael Vick has submitted a revised bankruptcy plan that funnels more of his future earnings to creditors, though a judge did not immediately rule on the proposal. Fate of GM in hands of bankruptcy judge (Reuters via Yahoo! News) A federal bankruptcy judge will decide the immediate fate of General Motors Corp's effort to quickly sell its best assets to a group funded by the U.S. government, after a three-day court hearing concluded on Thursday. GM bankruptcy exit hearing closes (AFP via Yahoo! News) The fate of General Motors was placed in the hands of a New York judge Thursday who must decide whether the largest US automaker can execute a swift exit from bankruptcy protection by selling its best assets to a new company.