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HILTON HOTELS: To Terminate Lease Pact for Tobago Unit on May 15
Hilton Hotels Corp. has reached an agreement with Hilton International to terminate the lease agreement for Hilton Tobago Golf & Spa Resort on May 15, 2008, bringing to an end the management of the resort property by Hilton Hotels, Breaking News reports,...
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SIRVA INC: Court Approves Pre-Packaged Plan of Reorganization
The Honorable James M. Peck of the U.S. Bankruptcy Court for the Southern District of New York approved Sirva Inc. and its debtor-affiliates' pre-packaged Chapter 11 Plan of Reorganization, clearing the way for SIRVA and its subsidiaries to emerge...
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SPANSION INC: Fitch Affirms Issuer Default Rating at B-
Propex Inc. and its debtor-affiliates seek authority from the U.S. Bankruptcy Court for the Eastern District of Tennessee to reject two office leases covering their location at 6025 Lee Highway, in Chattanooga that they no longer need...
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BLUE WATER: Incentive Payments to Critical Employees Challenged
Blue Water Automotive Systems, Inc. and its affiliated debtors will appear before the United States Bankruptcy Court Eastern District of Michigan on May 12, 2008, to address concerns raised by various parties regarding their request to make incentive...
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PRIMUS TELECOM: Posts US$3 Mil. Net Loss in Qtr. Ended March 31
PRIMUS Telecommunications Group Incorporated disclosed on Monday results for the first quarter ended March 31, 2008...
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KHAKIS CAPITAL: Proofs of Claim Filing Deadline Is Until May 15
Khakis Capital Limited's creditors have until May 15, 2008, to prove their claims to Wendy Ebanks and Joshua Grant, the company's liquidators, or be excluded from receiving any distribution or payment...
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BANCOLOMBIA SA: Net Income is COP253.9BB in Qtr. Ended March 31
During the quarter ended March 31, 2008, Bancolombia S.A. recorded net income of COP253.9 billion, an increase of 23% as compared to the pro forma COP206.4 billion for the quarter ended March 31, 2007. This increase was mainly driven by:...
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ALITALIA SPA: Unicredit Denies Possible Bid With Lufthansa
UniCredit S.p.A. has denied a report that it had contacts with Deutsche Lufthansa AG over a possible bid for the Italian government's 49.9% stake in Alitalia S.p.A...
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