TITLE

Xerium Files Prepackaged Bankruptcy Plan

AUTHOR(S)
Hamerman, Joshua
PUB. DATE
April 2010
SOURCE
Mergers & Acquisitions Report;4/12/2010, Vol. 23 Issue 15, p12
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article announces the filing by Xerium Technologies Inc. of Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware on March 30, 2010. The prepackaged reorganization plan of the company was approved by most of its lenders. There are 32 Xerium manufacturing plants and 3,300 employees spread across 13 countries. The restructuring process of Xerium is expected to last between 30 and 60 days. The reorganization plan intends to reduce Xerium's debt by 150 million U.S. dollars.
ACCESSION #
49137948

 

Related Articles

  • Xerium Bankruptcy Plan Trims Debt. Hamerman, Joshua // High Yield Report;4/12/2010, Vol. 21 Issue 15, p28 

    This article focuses on the prepackaged reorganization plan filed by Xerium Technologies. The plan, which includes a 410 million U.S. dollar refinancing term loan, intends to reduce the company's debt by 150 million U.S. dollars. On March 30, 2010, Xerium filed for Chapter 11 bankruptcy...

  • Dodgers File Ch. 11, Get $150M DIP. COLTER, ALLISON BISBEY // Mergers & Acquisitions Report;7/4/2011, Vol. 24 Issue 27, p2 

    This article reports on the decision of the Los Angeles Dodgers to file for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Wilmington, Delaware, in 2011. The decision was made after the rejection of a television deal for the team by Major League Baseball (MLB). The team listed assets of...

  • PageNet Motions Approved.  // Wireless Week;07/31/2000, Vol. 6 Issue 31, p40 

    Announces that the first-day motion of the bankruptcy filed by PageNet Inc. is approved by the United States Bankruptcy Court for the District of Delaware. List of PageNet requests approved by the court; Reason for its bankruptcy filing.

  • Rural hospital parent files for Chapter 11. Pallarito, Karen // Modern Healthcare;04/19/99, Vol. 29 Issue 16, p74 

    Reports that Community Hospital Association of Mid-America (CHAMA) filed for federal bankruptcy protection in Wilmington, Delaware. Comments from H. Martyn Little, president of CHAMA; Financial status of CHAMA; Information on an affidavit filed with the United States Bankruptcy Court.

  • American Laser Skincare files for Chapter 7 bankruptcy.  // Crain's Detroit Business;12/8/2014, Vol. 30 Issue 49, p22 

    The article reports the filing for Chapter 7 bankruptcy protection from creditors made by American Laser Skincare LLC to the U.S. Bankruptcy Court in Wilmington, Delaware as of early December 2014 so that it can liquidate its assets.

  • SP Newsprint, Affiliates File for Bankruptcy.  // Official Board Markets;11/19/2011, Vol. 87 Issue 47, p11 

    The article reports that a Chapter 11 bankruptcy protection was filed by SP Newsprint Holdings LLC and three affiliates, manufacturers of newsprint and paperboard, in the U.S. Bankruptcy Court in Wilmington, Delaware.

  • Harry & David Files for Bankruptcy. Sheahan, Matthew // High Yield Report;4/4/2011, Vol. 22 Issue 14, p1 

    The article reports that Harry & David Holdings sought bankruptcy protection with the U.S. Bankruptcy Court for the District of Delaware.

  • Nebraska Book Wins Court Approval. SHEAHAN, MATTHEW // Mergers & Acquisitions Report;8/29/2011, Vol. 24 Issue 35, p7 

    This article reports on the decision of the U.S. Bankruptcy Court in Wilmington, Delaware, to approve a disclosure statement issued by Nebraska Book Co.

  • CCS gains approval from courts to sell off assets.  // Medical Device Daily;12/2/2009, Vol. 13 Issue 231, p7 

    The article reports on the U.S. Bankruptcy Court's approval of the bidding procedure by CCS Medical for the District of Delaware concerning the marketing and proposed sale of its assets.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics