bankruptcy reorganization

American Airlines and its parent company AMR Corp. have filed for Chapter 11 bankruptcy reorganization, the company said Tuesday.

Washington Mutual Inc.'s bankruptcy reorganization plan is now being challenged by a hedge fund that supported it.

Fresh from bankruptcy reorganization themselves, General Motors and Chrysler Group LLC now may become bankruptcy lenders to auto parts supplier Visteon Corp.

The Star Tribune Co. says it has filed a reorganization plan in U.S. Bankruptcy court, with the goal of emerging from Chapter 11 protection this fall.

He was one of the architects during Kmart's bankruptcy reorganization of a multiyear business plan and helped revitalize a health insurer and a manufactured-home builder.

Now, turnaround specialist Albert Koch is in for perhaps his biggest challenge yet as GM's chief restructuring officer.

Frontier Airlines is asking for more time to propose its bankruptcy reorganization plan.

Chrysler's bankruptcy put only a small dent in Wall Street's rally. The Dow Jones industrial average gave up early gains and ended only moderately lower on Thursday after President Barack Obama confirmed that Chrysler LLC will be going through a bankruptcy reorganization.

The announcement was not surprising to investors, though, and the Dow still capped the month of April with a robust gain of 7.4 percent.