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Restructuring

AbitibiBowater Names New Board

- The Montreal-based newsprint and commercial printing company is in the process of reorganizing in its effort to emerge from bankruptcy.

Court Appoints Mediator for Tribune

- The court handling the Chapter 11 bankruptcy case of Tribune appointed a mediator who will help negotiate a settlement to the controversial bankruptcy case.

Kurtzman Carson Adds Restructuring Head

- Benjamin Schrag joined the company and will lead corporate restructuring from its New York office.

Visteon Reorg Plan Wins Court OK

- Auto parts maker expects to exit bankruptcy by Oct. 1.

Nixon Peabody Elects New Partners

- Roland Diniz and Daniel Sklar become partners effective Sept. 1, 2010, the firm said Tuesday.

Rating Actions & Outlooks

- The following are recent changes to corporate ratings and rating outlooks announced by Moody's and Fitch.

Spark Design Files For Chapter 11 Bankruptcy Protection

- Alliance Bank of Arizona is the largest creditor, with a $1.7 million real estate claim.

Station Casinos' Reorg Plan Approved

- Station Casinos Inc., a Nevada casino owner and operator, won court approval for its reorganization plan, under which most of its properties will be sold to a group led by one of its founders and current chairman.

Tronox Looks To Exit Bankruptcy By Year's End

- A trust would handle environmental claims that pushed the former Kerr-McGee subsidiary into bankruptcy.

Tribune Delays Changes To Bankruptcy Plan

- The Chicago Tribune owner holds off from filing an alternative to its Chapter 11 exit plan.

Visteon Nets $700M Exit Facility

- Visteon, a Van Buren Township, Mich.-based auto parts maker that filed for Chapter 11 protection in May 2009, has obtained a $700 million exit facility, according to sources.

Bankrupt Tribune Co. Has $1.6B in Cash

- The Chicago Tribune owner said it generated $100 million more during the first seven months of 2010 than in the same period a year earlier.

Trico Marine to Restructure Its U.S. Companies

- The Delaware filing includes its Cayman Islands holding company but not its other foreign subsidiaries.

Oriental Trading Files Prepackaged Ch. 11 Reorg Plan

- The Omaha distributor of party supplies and hobby items says it has a prepackaged agreement in place.

Huron Expands Restructuring Practice

- Laura Macero, who will work out of Detroit, has 15 years of restructuring and transaction expertise.

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