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FILE - In this April 27, 2006 file photo, Jeffrey Peek, Chairman and CEO of CIT Group Inc., talks during the dedication of the CIT global headquarters in New York. The Obama administration drew a line in the sand on financial bailouts Wednesday ...
Auto supplier Lear Corp . filed a motion in U.S. Bankruptcy Court Thursday seeking permission to create a special incentive plan for 29 executives “instrumental to the success” of Lear’s restructuring efforts. According to the filing, the ...
After years of teetering on the brink of financial disaster, Ballet Florida filed for Chapter 7 bankruptcy liquidation in West Palm Beach on Friday. According to the nonprofit group’s bankruptcy petition, it has more than 100 creditors, debt of $1 ...
There's still a lot I don't know about bankruptcy, but I seem to learn more every week. I did not know that the Chicago Cubs had yet to file bankruptcy, primarily because they are the Cubs. The Cubs haven't won a World Series since my grandparents ...
July 18 (Bloomberg) -- CIT Group Inc. Chief Executive Officer Jeffrey Peek , under whose leadership the lender’s stock has plunged 98 percent, may be in line ahead of the U.S. government to be paid if CIT files for bankruptcy protection. Peek is ...
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