White Birch


White Birch News

  • Kao Cuts Profit Forecast After Recall of Skin Whitening Products

    Kao Corp., Japan’s biggest maker of toiletries, cut its profit forecast to reflect the costs of recalling skin whitening lotions that caused blotches in more than 2,000 consumers.

  • Kao Drops on Consumer Complaints on Skin Products: Tokyo Mover

    Kao Corp., Japan’s biggest maker of toiletries, had its biggest two-day drop in two years in Tokyo trading after more than 2,000 consumers reported skin blotches from using some of its whitening products.

  • Truvo, Tronox, Bear Island, Lehman, SCO: Bankruptcy

    The Chapter 11 cases for units of Truvo Luxemburg Sarl, a Belgium-based publisher of directories, may test whether a U.S. bankruptcy court can or should eliminate debt on European companies that aren’t in bankruptcy in the U.S. or abroad.

  • Baron Brant Pledges Warhols to Revive Family Business

    Peter Brant, a one-time billionaire and an early patron of artist Andy Warhol, is using part of his contemporary art collection to help recapitalize the family newsprint business, according to state regulatory filings and people familiar with the matter.

  • WaMu, Holley, EnPro, Bear Island, Lehman: Bankruptcy

    Washington Mutual Inc. ’s official shareholders’ committee followed up on a suggestion made by the bankruptcy judge and filed another request for an examiner to investigate the merits of a proposed settlement with the Federal Deposit Insurance Corp. and JPMorgan Chase & Co.

  • Blockbuster, Bear Island, Thompson, Old GM, Meruelo Maddux: Bankruptcy

    Blockbuster Inc. , the movie rental chain, received interim approval from a bankruptcy judge yesterday for $45 million in financing from a promised loan that will grow to $125 million at the final hearing on Oct. 19.

  • Almatis, National Envelope, Flying J, FairPoint, Abitibi: Bankruptcy

    Leslie Controls Inc., a subsidiary of Circor International Inc. , filed a Chapter 11 petition this morning in Delaware to implement a reorganization plan already negotiated with lawyers representing asbestos claimants.

  • Thompson, Bear Island, Trico, St. Vincent, Tribune, Daufuskie: Bankruptcy

    Secured lenders to Thompson Publishing Holding Co. won’t be able to control the auction for the publisher of newsletters and loose-leaf services, as the result of rulings by U.S. Bankruptcy Judge Peter Walsh at a hearing this week.

  • Colonial, Innkeepers, Tribune, Truvo: Bankruptcy

    Bank holding company Colonial BancGroup Inc. won a major victory over the Federal Deposit Insurance Corp. when the bankruptcy judge in Montgomery, Alabama, ruled on Aug. 31 that Colonial hadn’t made an enforceable agreement to make up a $1 billion capital deficiency at the bank unit.

  • Tribune, General Growth, Lehman, Tronox: Bankruptcy

    Newspaper publisher Tribune Co. could end up being reorganized under the Chapter 11 plan filed on Sept. 17 by Oaktree Capital Management LP and Angelo Gordon & Co., whose funds hold what they say are several billion dollars in senior loan claims.

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