Elpida had filed for bankruptcy protection in February this year A US Court will review bankrupt Japanese chip maker Elpida Memory's planned patent deals. In July this year, US based semiconductor firm Micron Technology had agreed to ...
Tags: bankruptcy protection, Elpida, memory chip, mobile devices
Auction service company Tiger Remarketing Services LLC is set to auction off trucks, trailers, forklifts, fabrication machines, office equipment and other assets from Bar Steel Service Inc a 39 year old Sacramento steel-fabrication and ...
Tags: Tiger Remarketing Services LLC, auction off trucks, trailers, forklifts
Suzuki has announced that its American automotive arm will go through Chapter 11 bankruptcy proceedings, making it the latest automaker to withdraw from this market. Impact on current car owners is promised to be minimal, but it does raise ...
Tags: Suzuki, bankruptcy, automotive, American Suzuki Motor Corporation
Hostess Brands has won permission from the US Bankruptcy Court for the wind down of its business and the sale of its assets. A New York judge yesterday (21 November) approved the company's motion for the wind down after the firm was ...
Tags: bidders, assets, bakery union
An opinion handed down by Judge Harlan Hale in the U.S.Bankruptcy Court for the Northern District of Texas orders 10 units of Vitro SAB be put into involuntary bankruptcy.In the opinion written Tuesday,Binswanger Glass Co.and VVP Auto Glass ...
Tags: bankruptcy, involuntary bankruptcy, VVP Auto Glass Inc
Hostess Brands today (19 November) agreed to last-ditch talks with union officials to try to resolve the dispute that has threatened the existence of the US baker. The company, which owns brands including Twinkies snacks, was set to ask ...
Tags: Hostess Brands, dispute, US baker, food indstry
The Great Atlantic and Pacific Tea Co has announced the expansion of its premium private label Two Forks Bakery and Hartford Reserve Deli lines. In bakery, the US supermarket group added a line of cupcakes and rebranded its key lime and ...
Tags: A&P, private label, bakery and deli lines
US food company Sugar Creek Packing plans to invest $28.5m to expand and upgrade a 77,000ft2 plant in Cambridge City, Indiana, which was formerly owned by Really Cool Foods. The plant, located in Indiana Gateway Industrial Park, Wayne ...
Tags: plant closure, renovation project, refrigeration space
A US court is to review a jury's decision to award Apple$1bn in damages in its patent dispute with rival Samsung. Samsung wants the verdict overturned or the damages reduced,while Apple wants to increase the amount and ban some of ...
Tags: Apple, Samsung, patent dispute, Galaxy Tab, Smartpgone
Warren Buffett's floated firm Berkshire Hathaway, the US underwriter has made an offer to acquire Residential Capital’s RESC.UL mortgage unit. Berkshire Hathaway is vying with Nationstar Mortgage Holdings, owned by Fortress ...
Shenandoah Life Insurance Co has successfully exited receivership, following a $60m capital infusion. The Virginia State Corporation Commission ordered about the transaction, allowing the firm to resume normal operations, such as ...
Tags: Shenandoah Life Insurance Co, insurance companies, policyholders
The Environmental Protection Agency (EPA) is considering a plan to clean up Diaz Chemical Superfund site in the western New York town of Holley. The EPA's proposed plan calls for the use of a heating technology to treat six areas of ...
Tags: EPA, heating technology, contaminated soil, ground water
American Suzuki Motor (ASMC) is planning to stop new automobile sales in the US in order to concentrate on sales of motorcycles, ATVs and marine outboard engines. The company filed for bankruptcy under chapter 11 of US law and took the ...
Tags: American Suzuki Motor, motorcycles, ATVs, marine outboard engines
Hostess Brands, a US-based manufacturer of brands such as Twinkies and Ding Dongs, is closing its operations and has filed a motion with the bankruptcy court in New York in order to sell its assets. The company was plagued by surging ...
An online advertising firm accused of spying on the browser histories of consumers has reached a settlement with the U.S.Federal Trade Commission barring it from further browser history sniffing,the agency announced. Epic Marketplace ...
Tags: FTC, bars advertising firm, browser histories, Epic Marketplace, Web users