Jun 10th, 2009 - Reuters
Related topics:
* Co says filed Chapter 11 to allow for restructuring
* Has secured DIP financing of $110 mln (Adds detail)
NEW YORK, June 10 (Reuters) - Real estate developerCrescent Resources (CRC.V) on Wednesday said it had filed forbankruptcy protection to allow it to reduce debt and improveits capital structure.
The Charlotte, North Carolina-based company said it hadalso obtained Debtor-in-Possession (DIP) financing of $110million from a group of lenders, which will provide sufficientfunds to continue its business activities.
Related stories:
3 Temple City figures indicted in corruption case
Jun 10th, 2009 - Los Angeles Times
Temple City's mayor, former mayor and an aide were indicted Wednesday on charges of perjury and soliciting and receiving bribes from a developer in exchange for supporting his $75-million mall project. Mayor Judy Wong...
Court Backs Delphi Lenders in Bankruptcy Case
Jun 10th, 2009 - Wall Street Journal
A U.S. bankruptcy court Wednesday sided with a group of Delphi Corp. lenders who said a government-led plan to sell the auto-parts maker's operations to a private-equity fund trampled on their rights.
Developer of Chili's chain Brinker dies
Jun 9th, 2009 - Houston Chronicle
DALLAS — Norman Brinker, who built a worldwide casual dining empire that includes Chili's Grill & Bar, On the Border and Maggiano's Little Italy, died Tuesday at age 78. Brinker died at a hospital in Colorado Springs...
WWDC: It's Not The Hardware, Dummy, It's The iphone OS
Jun 9th, 2009 - ChannnelWeb
After endless rounds of rumor and speculation, they keynote at Apple's World Wide Developer's conference has finally taken place. While the hype leading up to Apple's event mostly surrounded new iPhone hardware...
Apple's gift to Windows users
Jun 8th, 2009 - CNET
A conference dedicated to Apple developers is likely the last place a committed Windows user would look for new Windows products. But if you tuned into Apple's keynote at the World Wide Developer's Conference in San Francisco on Monday morning...
Related videos from YouTube:
- Developer pays for light...Crescent Resources presents a $219718 check to the Charlotte DOT to pay for a traffic light at an intersection where three people were killed.
- Building capacities: Resource...Practices in Asia Pacific (2/5) One of the main purposes of Red Cross and Red Crescent societies is to mobilize people and resources at community level to improve the lives of the vulnerable ...
- Building Capacities: Volunteers...Building Capacities: Best Practices in Asia Pacific - Volunteers and Youth (1/5) The vast majority of human resources of the Red Cross and Red Crescent societies are volunteers. In all their diversity ...
- Water and sanitation: a...to establish larger-scale, longer-term sustainable water and sanitation programs to contribute more effectively in meeting the UN Millennium Development Goals (MDGs). The GWSI, in combination ...
