Hours after the accord was reached, the judge overseeing Northwest's bankruptcy delayed until June 14 closing arguments on the airline's request to scrap the current contract and impose new terms that would save $87 million a year.
On Jan . 31 $9 billion (1999 revenues) AmeriServe filed for bankruptcy, delaying the delivery to Barton's restaurants of everything from paper napkins to potatoes.
On Jan . 31 the $9 billion (1999 revenues) AmeriServe filed for bankruptcy, delaying the delivery to Barton's restaurants of everything from paper napkins to potatoes.
As the numbers ebb and flow, three months after MF Global filed for bankruptcy, the delay is weighing on the firm's customers, as varied as farmers and hedge funds.
Mr. Brown said that the couple, Nicholas and Nancy Jace, both 38, did not pay rent and used false names and Social Security numbers to file for bankruptcy to delay their evictions.
Deterred by lack of credit and, in some cases, wagering on the possibility of a government bailout, corporate executives have chosen to avoid bankruptcy and delay changes that might keep businesses going, which can block a successful reorganization, said Lynn LoPucki, a law professor visiting at Harvard.
The federal bankruptcy filing delayed the foreclosure and gave Mr. Margolis a chance to find a buyer willing to pay more.
A bankruptcy judge delayed the Safety-Kleen Corporation'salele of its chemical-services division to allow a North American unit of Vivendi Universal to offer a competing bid.
At a hearing yesterday, Judge Gregg Zive of United States Bankruptcy Court delayed a decision on final approval of the loan until Sept. 23 after Amerco resolved objections by revising certain terms of the loan.
A bankruptcy court delayed approval of a $3.8 billion debt-restructuring plan for Thai Petrochemical Industry after the company's chief executive, Prachai Leophairatana, asked the Supreme Court to change the team of judges.
Kmart Bankruptcy Emergence Delayed Several Days.
