TITLE

Ch. 11 possible for Guilford Mills

AUTHOR(S)
Andrews, Susan M.
PUB. DATE
January 2002
SOURCE
Furniture/Today;1/21/2002, Vol. 26 Issue 20, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the possibility of a Chapter 11 bankruptcy application by Guilford Mills Inc. in Greensboro, North Carolina. Failure of the company to make loan payments; Decline of the company's stocks.
ACCESSION #
5968390

 

Related Articles

  • Guilford files for Ch. 11; refinances $270M in debt.  // Home Textiles Today;3/11/2002, Vol. 23 Issue 27, p4 

    Reports the filing of Guilford Mills for a Chapter 11 bankruptcy protection in the U.S. Statistics on the debt of the company; Figures on the business losses of Guilford; Closure of four manufacturing plants.

  • Guilford Mills has a plan.  // Home Textiles Today;7/15/2002, Vol. 23 Issue 44, p6 

    Reports on Guilford Mills' presentation of its plan to emerge from bankruptcy proceedings.

  • Guilford Mills to file Ch. 11, exit home fabrics.  // Furniture/Today;3/11/2002, Vol. 26 Issue 27, p10 

    Reports the filing of Chapter 11 bankruptcy protection of home furnishing fabrics manufacturer Guilford Mills in North Carolina. Decline of the upholstery offering; Occurrence of corporate reorganization.

  • Guilford Reorganization Plan Receives Final Approval. Rodie, Janet Bealer // Textile World;Oct2002, Vol. 152 Issue 10, p14 

    Reports that Greensboro, North Carolina-based Guilford Mills Inc. has received final approval from the U.S. Bankruptcy Court for its reorganization plan. Prenegotiation of company's plan with its creditors prior to filing for bankruptcy protection; Percentage of ownership remained to existing...

  • Guilford gets reprieve from bank lenders.  // Home Textiles Today;1/28/2002, Vol. 23 Issue 21, p1 

    Reports the survival of Guilford Mills Inc. from bankruptcy in Greensboro, North Carolina. Comment of chief executive officer John Emrich on the condition; Rights given to the creditors to liquidate company assets; Financial support offered by the company lenders.

  • Guilford Mills warns of bankruptcy possibility. Hogsett, Don // Home Textiles Today;1/21/2002, Vol. 23 Issue 20, p1 

    Reports on the possible bankruptcy facing textiles producer Guilford Mills. Financial losses incurred by the company; Adverse implications if the company fails to refinance its debt; Possibility that the company could default under senior loan agreements.

  • Guilford Mills Hires Goldman Sachs. Greene, Joshua // WWD: Women's Wear Daily;10/21/2003, Vol. 186 Issue 83, p10 

    Greensboro, North Carolina-based Guilford Mills Inc. has hired investment bank Goldman Sachs to help it explore strategic financial alternatives, such as a potential sale or financial restructuring. Guilford Mills exited from bankruptcy in 2002 and needs to determine if any kind of change in...

  • Guilford Cuts Heavier Than Planned. Malone, Scott // WWD: Women's Wear Daily;11/15/2000, Vol. 180 Issue 93, p10 

    Reports on Guilford Mills Inc.'s planned streamlining of its factory. Total number of workers laid-off by the company; Closure of its North Carolina plants; Factors attributed to the streamlining activities of the company.

  • Guilford Mills reports net decline for quarter.  // WWD: Women's Wear Daily;11/2/1993, Vol. 166 Issue 86, p16 

    Reports on Guilford Mills Inc.'s third quarter of 1993 performance. Decline in profits due to sales decline in print fabrics; Net income; Effect of the Chapter 11 filing of swimwear manufacturer Taren Holdings on the print business; Restructuring efforts to position the company for the future.

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