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  • NEW YORK, April 1- Textbook publisher Cengage Learning has ended its nine-month bankruptcy, emerging from Chapter 11 after reducing its $5.8 billion debt by more than two-thirds. In a statement on Tuesday, Stamford, Connecticut- based Cengage said it cut $4 billion in debt and secured $1.75 billion in new loans to fund its bankruptcy exit.

  • NEW YORK, April 1- Textbook publisher Cengage Learning has ended its nine-month bankruptcy, emerging from Chapter 11 after reducing its $5.8 billion debt by more than two-thirds. In a statement on Tuesday, Stamford, Connecticut- based Cengage said it cut $4 billion in debt and secured $1.75 billion in new loans to fund its bankruptcy exit.

  • Top Texas energy company on verge of bankruptcy Friday, 28 Mar 2014 | 3:57 PM ET

    March 28- Leading Texas power company Energy Future Holdings is widely expected to file for bankruptcy in the coming days, the victim of a record-breaking buyout that piled it with debt just as prices for its electricity plunged.

  • TOKYO, March 28- A deadline for a court-mandated investigation into why bitcoin exchange Mt. The Tokyo District Court had set a Friday deadline for Nobuaki Kobayashi, a partner at Nagashima Ohno& Tsunematsu, to report on his investigation into the collapse last month of what was once the world's largest bitcoin exchange.

  • Brookstone plans bankruptcy filing: Report Thursday, 27 Mar 2014 | 12:50 PM ET
    A Brookstone store in Santa Monica, California.

    Brookstone is preparing to file for bankruptcy as early as Sunday with a plan in place to be bought by another specialty retailer.

  • March 26- Texas power generator Energy Future Holdings Corp is making a last ditch effort to reach a debt-restructuring deal with creditors before it seeks bankruptcy protection, the Wall Street Journal said, quoting sources familiar with the matter. EFH, formerly TXU Corp, was the largest generator in Texas, before a $45 billion buyout in 2007..

  • March 26- Global Geophysical Services Inc, a provider of seismic data to oil and gas companies, filed for bankruptcy due to heavy debt and said it was seeking court approval for $60 million in debtor-in-possession financing. The company and some of its units made a Chapter 11 filing in the U.S. Bankruptcy Court in Corpus Christi, Texas.

  • NEW YORK, March 24- Detroit's emergency manager expects the city's $18 billion bankruptcy plan to win court approval by the fall despite obstacles such as a dispute over swap agreements and a vote by retirees on the plan that could potentially slow or derail the process.

  • GM's bankruptcy drawn into defect inquiry Saturday, 22 Mar 2014 | 12:00 AM ET
    General Motors headquarters in Detroit

    The interest in GM's bankruptcy filing is the first indication of what direction an inquiry into its recalls may take, The New York Times reports.

  • Oleo e Gas, formerly known as OGX, filed Latin America's largest ever bankruptcy on Oct. 30. OSX gets nearly all of its revenue from Oleo e Gas and its a principal creditor of the company. Both OSX and Oleo e Gas are controlled by Brazilian businessman Eike Batista.

  • New evidence may affect LightSquared restructuring Thursday, 20 Mar 2014 | 1:13 PM ET

    NEW YORK, March 20- New evidence may emerge in a dispute between LightSquared and its largest creditor, Dish Network Corp Chairman Charles Ergen, that could affect the bankrupt wireless company's restructuring.

  • Medical transcription firm M*Modal files for bankruptcy Thursday, 20 Mar 2014 | 3:41 AM ET

    March 20- Medical transcription company M* Modal filed for bankruptcy protection on Thursday as the firm owned by J.P. Morgan Chase& Co's private-equity arm seeks to reduce debt.

  • March 14- Sandwich chain Quiznos Corp filed for pre-packaged bankruptcy protection on Friday after struggling for years with high debt and rising competition. It listed liabilities of between $500 million and $1 billion in its bankruptcy petition.

  • March 14- Sandwich chain Quiznos Corp filed for pre-packaged bankruptcy protection on Friday after struggling with high debt and stiff competition for years. The chain, known for pioneering the concept of toasted subs, said the restructuring would cut its debt by more than $400 million.

  • GM under mounting pressure to pay crash victims Friday, 14 Mar 2014 | 7:24 AM ET
    Mary Barra, CEO of General Motors.

    General Motors is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles.

  • NEW YORK, March 13- General Motors Co is facing increasing pressure to compensate victims for an ignition defect that prompted the recall of 1.6 million vehicles, even if some would-be plaintiffs are barred from suing the auto maker under the terms of its emergence from bankruptcy in 2009..

  • Bankruptcy deal may shield GM     Wednesday, 12 Mar 2014 | 3:20 PM ET

    CNBC's Phil LeBeau explains how GM will not be civilly liable in some lawsuits because of an agreement it made during its bankruptcy restructuring, reports CNBC's Phil LeBeau.

  • Why restaurants need a 'Circuit City' event Wednesday, 12 Mar 2014 | 1:19 PM ET
    A Circuit City advertises a store closing sale in Greensboro, North Carolina, Jan. 25, 2009

    Amid a spate of recent restaurant bankruptcy protection filings, one analyst says "Circuit City" like closures are needed.

  • Detroit's bankruptcy gain may be others' pain Tuesday, 11 Mar 2014 | 2:48 PM ET
    A decaying building and downtown skyline of Detroit, February 2014.

    Detroit looks to emerge as at least a survivor if not a winner from its bankruptcy, with bondholders and municipal borrowers the biggest losers.

  • Judge Harlin Hale in Dallas granted temporary bankruptcy protection to Mt. Gox, which had filed for bankruptcy protection in Japan in February. Gox said without bankruptcy protection the company would be irreparably harmed by a proposed class action in Chicago federal court and a breach of contract case in Seattle federal court.

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