TITLE

Colonial Seeks Bankruptcy Extension

PUB. DATE
June 2010
SOURCE
American Banker;6/8/2010, Vol. 175 Issue 87, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The author reports that Colonial BancGroup Inc. is asking for a two-months extension of the period during which it can file a bankruptcy plan as it attempts to work out ownership of the assets of its failed bank subsidiary.
ACCESSION #
51316594

 

Related Articles

  • Judge Balks at Colonial Chapter 11 Plan.  // American Banker;5/24/2011, Vol. 176 Issue 80, p16 

    Brief information is given about Colonial BancGroup Inc.'s Chapter 11 liquidation plan which was rejected by Judge Dwight H. Williams Jr. in Montgomery, Alabama because it pays off creditors by suing the Federal Deposit Insurance Corp.

  • FDIC: Shift Colonial Case to a Chapter 7.  // American Banker;4/20/2011, Vol. 176 Issue 61, p3 

    Brief information is given about the Federal Deposit Insurance Corp.'s decision to have Colonial BancGroup Inc.'s Chapter 11 bankruptcy plan converted to a Chapter 7 liquidation.

  • FDIC: Don't Jump the Gun on Colonial.  // American Banker;4/27/2011, Vol. 176 Issue 65, p3 

    Brief information is given about the financial status of Colonial BancGroup Inc., which is appealing a bankruptcy court ruling and is under the receivership of the U.S. Federal Deposit Insurance Corp.

  • FDIC Appeals Holding Company Ruling.  // American Banker;9/15/2010, Vol. 175 Issue 142, p16 

    The author reports that the U.S. Bankruptcy Court has ruled that the Federal Deposit Insurance Corp. (FDIC) is not allowed to sue the bank holding company Colonial BancGroup Inc. for allegedly not maintaining capital levels.

  • Warehouse Outlook Is Turbulent. Finkelstein, Brad // National Mortgage News;8/24/2009, Vol. 33 Issue 46, p1 

    The article presents an overview of the status of the warehouse lending business of Colonial BancGroup Inc. in New York. It mentions that the future of the firm is at stake after acquirer BB&T Corp. purchased all of its failed lines of credit and the only assets that it did not obtain is Taylor,...

  • Colonial of Alabama to acquire Brundidge.  // American Banker;5/5/1994, Vol. 159 Issue 86, p19 

    Reports on Colonial Bancgroup's acquisition of Brundidge Banking Co. and merge it into Colonial Bank. Brundidge's total assets and full-service locations; Colonial's total assets; Colonial's letters of intent signed with Community Investments Inc.

  • Alabama's Colonial reclassifies stock.  // American Banker;5/23/1994, Vol. 159 Issue 98, p5 

    Reports on Colonial Bancgroup's combination of its stocks, the A and B class into class of common stock. Majority control of B class shares; Voting rights in the new stock classification; Colonial's financial position.

  • Judge Rebuffs FDIC Claim On Colonial BancGroup.  // American Banker;9/2/2010, Vol. 175 Issue 136, p16 

    The article reports that U.S. Bankruptcy Court Judge Dwight W. Williams granted a summary judgment to Colonial BancGroup Inc. denying a claim from the Federal Deposit Insurance Corp. for more than $900 million related from its seizure of Colonial Bank, owned by the company, in 2009. Legal...

  • Judge Rebuffs FDIC Claim On Colonial BancGroup.  // American Banker;9/2/2010, Vol. 175 Issue 136, p16 

    The article reports that U.S. Bankruptcy Court Judge Dwight W. Williams granted a summary judgment to Colonial BancGroup Inc. denying a claim from the Federal Deposit Insurance Corp. for more than $900 million related from its seizure of Colonial Bank, owned by the company, in 2009. Legal...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics