Posts Tagged ‘Reorganization’

Airline to Seek Union Contract Relief | Denver Bankruptcy Attorney

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According to the Denver Post, American Airlines is planning to ask the judge in their bankruptcy case to allow them to disregard the negotiated agreements with the unions if they are unable to reach an agreement to cut labor costs. The lead bankruptcy attorney for the airline says that negotiations have been handled in good [...]

Kodak Files For Bankruptcy | Parker Bankruptcy Attorney

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According to The Denver Post, Eastman Kodak Co. announced recently that it will stop making digital cameras, pocket video cameras and digital picture frames. The 132 year old company will continue to produce disposable cameras, however. The company went under bankruptcy protection from creditors last month in a case that involves $6.7 billion in debt. [...]

Chrysler Adds 1000 Jobs | Denver Chapter 11 Attorney

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Many people don’t quite understand what bankruptcy is, and the first thought when a company declares bankruptcy is that they failed, and are going out of business. The Denver Post is reporting that Chrysler is adding over a thousand new jobs at two factories in Detroit. After filing for bankruptcy protection in 2009, this sign [...]

Chapter 11 For Delta Petroleum | Denver Bankruptcy Lawyer

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Delta Petroleum, an oil and gas company based in Denver, has filed for Chapter 11 bankruptcy reorganization in the U.S. Bankruptcy Court of Delaware according to the Denver Post. Delta has been having problems with finances for some time, and had been looking for a buyer or new financing. With those options having failed, they [...]

Open Range Files For Chapter 11 – Denver Bankruptcy Attorney

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An internet service provider called Open Range Communications recently filed for chapter 11 bankruptcy. The company is located in Greenwood Village, Colorado and was secured by millions of federal dollars when it decided to file for bankruptcy. According to denverpost.com, after making numerous layoffs and no longer accepting new customers, the telecommunications company filed for [...]