Fansteel files for chapter 11 protection. (Company News).The steel producer and most of its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code Bankruptcy Code may refer to:
Which past endurance sting the tender cit. - Emerson. Group/Commercial Services Inc. in which CITCS will purchase receivables up to $10-million. HBD HBD Happy Birthday HBD Homebrew Digest HBD Here Be Dragons HBD Has Been Drinking (police communications) HBD Hadron Blind Detector HBD Human Biodiversity HBD Hypophosphatemic Bone Disease HBD Hemoglobin--Delta Locus Industries will provide debtor-in-possession financing Debtor-in-possession financing New debt obtained by a firm during the Chapter 11 bankruptcy process, Federal Bankruptcy Rule 4001 (c)(1). This financing is unique because it is secured, that is, it has priority over existing debt, equity and other claims. . Fansteel's operations (www.fansteel.com) are roughly split among three divisions: Industrial Tools including metalcutting carbides from its VR/Wesson unit, Advanced Structures including aerospace castings and forgings, and Industrial Metal Components like castings and wire-formed products for the plumbing, truck, marine, and vending-machine industries. Fansteel Inc., North Chicago, Ill. 847-689-4900. |
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