PTC Restructures Debt Under Chapter 11

June 2006
Metal Center News;Jun2006, Vol. 46 Issue 7, p89
Trade Publication
The article reports on the voluntary petition of PTC Alliance Corp. on May 10 in the U.S. PTC Alliance Corp. has filed a petition under a pre-packaged plan of reorganization to implement a restructuring of debts. The petition of the company intended for the reduction of the long-term debt of the company. The reduction of the long-term debt can help in obtaining competitive, profitable and growth-oriented company.


Related Articles

  • Iraq: G7 Defer Debt To End 2005.  // Emerging Markets Monitor;10/4/2004, Vol. 10 Issue 25, p15 

    Reports on a meeting made by central bankers and finance ministers from industrialized countries regarding their differences on the debt relief for Iraq, in October 2004. Members of the G7 group; Stand of France regarding the reduction of pre-war obligations; Amount in loans approved by the...

  • Additionality of debt relief and debt forgiveness, and implications for future volumes of official assistance. Ndikumana, L´┐Żonce // International Review of Economics & Finance;2004, Vol. 13 Issue 3, p325 

    This paper examines the impact of debt forgiveness and debt relief on official development assistance. From the recipient side, the results from the econometric analysis suggest that countries that received debt relief also received more aid compared to those that did not qualify for debt...

  • African debt relief 'will boost UK work'  // Building Design;7/1/2005, Issue 1680, p4 

    Reports on the impact of the debt relief for Africa on British architects. Consideration of the move as a way to release large-scale funding for schools and hospitals; Benefits of the debt cancellation for Africans.

  • Debt forgiveness.  // Essential Economics;2004, p62 

    A definition of the economic term "Debt forgiveness" is presented. It refers to the cancellation or rescheduling the borrower's debt to lessen the pain of the debt burden. The term is increasingly viewed as the best way to relieve the financial problems facing poorer countries. Debt forgiveness...

  • Debt relief: for or against? Blyth, Alex // Accountancy;Feb2005, Vol. 135 Issue 1338, p48 

    Addresses the cancellation of debt of developing countries. Stance of the Jubilee Debt Campaign on the cancellation of debt; Benefit of debt relief to the Tanzanian government; Concern raised by lenders on debt relief.

  • LETTERS. CHALAIN, MARC DE; KOLBE, F. H.; MILOVANOVICH, ALEX // Finweek;9/1/2011, p6 

    Several letters to the editor are presented in response to articles published in previous issues including a letter on the plan to prepare the next generation of business leaders in South Africa, another on the European debt situation and a letter on Mutual & Federal.

  • Expedited Restructurings in the U.S. and Select Latin American and Caribbean Jurisdictions. Cooper, Richard J.; Moss, Joel; Brenneman, Adam // Pratt's Journal of Bankruptcy Law;Nov2011, Vol. 7 Issue 8, p675 

    After providing a brief overview of pre-packaged and pre-negotiated Chapter 11 plans in the United States, this article discusses the procedures available for implementing expedited restructurings under the laws of Argentina, Brazil, Mexico, Peru, and the Dominican Republic.

  • Budget Welcomed; All Eyes On Implementation.  // West & Central Africa Monitor;Aug2005, Vol. 6 Issue 8, p4 

    The article focuses on the Kenyan 2005/2006 budget. Despite being left out of the G8 debt relief deal, the economic outlook in June 2005 was generally positive, with Kenyan finance minister David Mwiraria's 2005-06 budget generally well received by business leaders and the poor alike....

  • Nothing Simple about COI Returns. Jenkins Jr., Edward R. // Pennsylvania CPA Journal;Winter2012, Vol. 82 Issue 4, p1 

    The article offers guidelines for addressing cancellation of indebtedness (COI) and tax return issues and problems. It cites Independent Regulatory Commission (IRC) Section 6050J which governs the reporting of foreclosure and abandonment transactions. It notes that Form 1099 is used on...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics