NEW YORK (Reuters) - CIT Group Inc is looking for a quick exit from Chapter 11 protection but its long-term survival outside of bankruptcy depends in large part on what regulators will allow it to do with its various businesses. [read full story]
|
RELATED
|
|
by: Daniel Harrison November 04, 2009 | about: Daniel Harrison About this author: ), an embattled small business lender that filed for bankruptcy Sunday as a result of lack of government-sponsored financial assistance, is now...
CIT Group, the bankrupt 101-year-old commercial lender, can borrow an immediate $125 million and make intercompany loans as it attempts to exit bankruptcy on a fast track and keep its customers funded. U.S. Bankruptcy Judge...
CIT Group, the US commercial lender that filed for bankruptcy this week, was granted a December 8 hearing for its reorganisation plan, giving the company a shot at exiting bankruptcy by the end of the year.
CIT Group's collapse has been more than a year in the making -- and Main Street businesses began feeling the effects long ago. On the retail side, CIT has stayed active, but its traditional lending has come to a near...
CIT Group's collapse has been more than a year in the making -- and Main Street businesses began feeling the effects long ago. Paste this link into your favorite RSS desktop reader See all CNNMoney.com RSS FEEDS By Catherine...
NEW YORK (Reuters) - A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end.
NEW YORK - A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end. "We are on a very...
NEW YORK (Reuters) - A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's (Other OTC:CITGQ.PK - "We are on a very fast track," Judge Allan Gropper said at a Tuesday hearing in Manhattan...
NEW YORK - A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end. (REUTERS / Brendan...
NEW YORK (Reuters) - A U.S. bankruptcy judge set a December 8 hearing to consider approval of CIT Group Inc's reorganization plan, aiding the large commercial lender's effort to emerge from bankruptcy by year's end.
