Thursday 17 January 2013

The Daily Docket: Hawker Strikes $600M Financing Deal ...

Hawker Beechcraft Inc. said it has struck a deal for $600 million in exit financing from lenders led by?J.P. Morgan?Chase & Co. to take it out of Chapter 11 protection. Read the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit our homepage, scroll to the bottom and click ?try for free.?)

U.K.-based music retailer HMV Group filed for administration Tuesday, The Wall Street Journal reports.

The Chicago Tribune (sub. req.)?has the third part of a four-part report on the collapse of Tribune Co.

The New York Times looks at the collapse of San Bernardino, Calif.

Hotel owner Madison 92nd Street Associates LLC sued Marriott International Inc. for $500 million, accusing it of conspiring to keep two of its properties free of unions, Bloomberg reports.

American Airlines is going to start getting its 787 Dreamliner airplanes delivered earlier than it had previously planned, the Dallas Morning News reports.

Reuters discusses who owns American International Group Inc. ?s mortgage-backed securities fraud claims.

According to Deal Journal Australia, David Scott Olivet, a former chief executive of Oakley Inc., has been tapped by Altamont Capital Partners to bid on surfwear company Billabong International Ltd.

Write to Melanie Cohen at melanie.cohen@dowjones.com. Follow her on?Twitter at @MelanieLisa.

Source: http://blogs.wsj.com/bankruptcy/2013/01/15/the-daily-docket-hawker-strikes-600m-financing-deal/

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