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SCO files for Chapter 11...
Blog SCO") (Nasdaq: SCOX - News), a leading provider of UNIX® software technology and mobile services, today announced that it filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code.
[September 14, 2007, 20:57]
Scour files for bankruptcy protection
News In the face of a lawsuit alleging copyright violation Internet entertainment service Scour has filed for chapter 11 bankruptcy protection in the US courts Thursday. Scour claims that the bankruptcy filing, which stays all pending litigation against...
[October 13, 2000, 9:01]
MandrakeSoft emerges from bankruptcy
News Shares in Linux developer MandrakeSoft have returned to active trading, as the company prepares to emerge from France's equivalent of Chapter 11 bankruptcy protection. In January 2003, the Paris-based company said its financial liabilities prompted...
[March 10, 2004, 9:05]
SGI emerges from bankruptcy protection
News A judge accepted computer maker Silicon Graphics Inc's reorganisation plan on Tuesday, setting the stage for the company to emerge from Chapter 11 bankruptcy protection in October, the company said. But the company has taken several steps toward...
[September 20, 2006, 9:25]
Napster files for bankruptcy
News As expected at the time of that transaction, Napster said Monday that it has filed under Chapter 11 of the US Bankruptcy Code with the US Bankruptcy Court in Delaware. Napster, the struggling online music company, filed for bankruptcy protection on...
[June 5, 2002, 9:07]
MCI settles SEC probe, wins Iraq contract
News WorldCom, which recently changed its name to MCI, flew high as a major Internet backbone provider until last year when an accounting scandal of titanic proportions collapsed its stock price, put its executives in severe legal peril, forced the...
[May 20, 2003, 16:11]
US Report: Hayes declares bankruptcy
News The company filed petitions to reorganise under Chapter 11 of the Bankruptcy Code. Bankruptcy Court for the District of Delaware. We made the decision to seek the protection of the Bankruptcy Court in the belief that this action would provide the...
[October 9, 1998, 14:41]
Silicon Graphics sues ATI over patent
News The move comes just days after SGI exited Chapter 11 bankruptcy protection with new financing, a trimmed-down product line and new executives and board members. Silicon Graphics has sued ATI Technologies, alleging the graphics chipmaker infringed a...
[October 25, 2006, 10:00]
The Industry Standard seeks bankruptcy protection
News Standard Media International, the parent company for The Industry Standard, filed for Chapter 11 bankruptcy protection on Monday. As expected, the San Francisco-based publishing company filed for bankruptcy in the US Bankruptcy Court for the...
[August 28, 2001, 8:47]
SCO admits it may fold
News A month later SCO filed for Chapter 11 bankruptcy protection, whereby the company's assets are protected from creditors while the company is being reorganised under the supervision of the bankruptcy court.
[September 19, 2007, 16:23]
Nortel may sell two key businesses to competitors
News Telecommunications equipment maker Nortel Networks is reportedly in discussions to sell two key business units, a move that may affect its ability to re-emerge from its Chapter 11 bankruptcy status, The Wall Street Journal reported on Thursday.
[March 13, 2009, 13:56]
Siemens White Paper: Sarbanes-Oxley Compliance
White Papers The telecoms company MCI filed for Chapter 11 bankruptcy protection in July 2002 then, just as the corporate world was adjusting to that shock, in the following December the energy company and seventh largest US corporate, Enron, was also declared...
[October 6, 2006, 1:00]
Comdex organiser fears bankruptcy
News The company said it will look at alternatives, such as raising additional capital, selling the company or finding a merger partner, as well as potentially filing for Chapter 11 bankruptcy protection. With its flagship Comdex conference set to begin...
[November 15, 2002, 10:20]
Photos: Germany's Leibniz supercomputer
News There have been challenges, not least SGI's lurch into Chapter 11 bankruptcy protection soon after the LRZ bought the supercomputer. I could not forsee Chapter 11. Could this be every techie's dream job?
[January 22, 2007, 14:11]
Jupitermedia launches Comdex rival
News Jupitermedia has announced plans to launch a rival technology show in Las Vegas, just a day after Comdex's parent company filed for bankruptcy. On Monday, Comdex parent company Key3Media announced that it had filed a prenegotiated Chapter 11 plan...
[February 4, 2003, 15:43]
Nortel to sell wireless tech arm to Nokia Siemens
News Nortel, a former giant in telecoms equipment, filed for Chapter 11 bankruptcy in January with hopes of reorganising. The deal with Nokia Siemens, which is expected to close in the third quarter, must be approved by both US Bankruptcy Court and the...
[June 22, 2009, 10:02]
Failed on Earth? Try orbit
Blog Comment Contracts with the DoD were important in keeping the network operational during Chapter 11 bankruptcy protection, but no branch of the government has ever been an owner of or investor in Iridium. Iridium was purchased out of bankruptcy by a group...
[February 3, 2009, 8:35]
Excite UK has 30 days to avoid closure
News Excite UK is jointly owned by BTopenworld and Excite@home, which recently filed for bankruptcy. Excite@Home filed for bankruptcy last month According to the company -- which insists it still has an unspecified amount of cash in the bank...
[November 13, 2001, 15:46]
Businesses prepare for Internet disaster
News Bermuda-based Global Crossing, which filed for Chapter 11 bankruptcy protection in January, is being investigated for allegedly creating network-swapping agreements with some of its peers, improperly booking swaps as revenue and shredding related...
[July 19, 2002, 13:34]
Creditors await court's cable verdict
News They also want monthly rent payments for October and November, when the company was operating under Chapter 11 of US bankruptcy laws. Another group of irate creditors -- lease equipment companies -- appeared in San Francisco bankruptcy court on...
[December 6, 2001, 15:59]
