Inside these posts: Bankruptcy mediation

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March 7 at 9:43 a.m.
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Filed under: Bankruptcy

Bankrupt Giordano’s hires restructuring firm

By Becky Yerak

A Giordano's at 1040 W. Belmont. (Brian Cassella/Chicago Tribune)

Giordano’s, the Chicago-based pizza chain that filed for bankruptcy last month, has hired the restructuring firm headed by Democratic party stalwart William Brandt.

On Wednesday, U.S. Bankruptcy Judge Eugene Wedoff will be asked to approve an agreement between Giordano’s Enterprises Inc. and Chicago-based Development Specialists Inc. (DSI)

Giordano’s and 32 affiliated companies filed for Chapter 11 bankruptcy on Feb. 17. Get the full story »

March 3 at 4:43 p.m.
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Filed under: Autos, Bankruptcy

Judge to approve plan that pays GM creditors

By Reuters

A U.S. Federal court judge on Thursday said he would approve the bankruptcy plan for “Old GM”, paving the way for General Motors to begin distributing stock and warrants to some unsecured creditors, a spokesman said. Get the full story »

Oct. 4, 2010 at 10:34 a.m.
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Filed under: Bankruptcy, Media, Newspapers, Radio, TV

Tribune Co. talks continue; judge weighs failure

By Michael Oneal

The battling parties in Tribune Co.’s fractious bankruptcy case planned to sit down Monday for another day of mediation aimed at forging a settlement of legal claims surrounding the company’s 2007 leveraged buyout.

But at a status hearing in Delaware before the mediation session began, U.S. Bankruptcy Judge Kevin Carey spent much of his time anticipating how to proceed  assuming the mediation fails. Get the full story »