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American Media Will Pay Later [Publishing]American Media, the publisher of Star and the National Enquirer, has come to an agreement with its creditors to "refinance" $570 million of its more than $1 billion in total debt. That's code for going to the people you owe money to and saying, "Funniest thing—I just can't pa... |
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Plastech Lawyers Bank $1,002,674.50 for One Month’s WorkWe haven't reported on the Plastech bankruptcy for some time. Well, they're still bankrupt. burning their way through a $45.15m line of credit (up $10m since we last checked). And they're still making parts for Chrysler, who is none-too-pleased about their inability to remove the tooling to make... |
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