Phoenix Motorcars going to Chapter 11 Bankruptcy

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reikiman
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Phoenix Motorcars going to Chapter 11 Bankruptcy

Haven't heard much from Phoenix Motorcars for awhile. But they've entered bankruptcy (chapter 11).

Google News doesn't have anything about this, however it's on Autoblog Green:

http://www.autobloggreen.com/2009/04/30/phoenix-motorcars-files-for-chapter-11/

http://pacerla.cacb.uscourts.gov/ciaoposted/pdfmain.aspx?pdf=TD_043009.pdf

That filing is a set of court proceedings occurring today (April 30) at 2:00 PM. Judge Thomas Donovan, Presiding, United States Bankruptcy Court Central District of California, Riverside

TRG Wood Products, Inc., a California corporation Chapter 11
Cont'd hrg re debtor in possession's
emergency motion for order authorizing
use of cash collateral to operate debtor's
business
[James C. Bastian, Jr.]
*Heard on Shortened Notice

Phoenix MC, Inc. Chapter 11
Hrg re debtor's emergency motion for order:
(I) deeming utilities adequately assured
of future performance; and (II) establishing
procedures for determining requests
for additional assurance pursuant
to Bankruptcy Code Section 366
[Scott H. Yun]
*Heard on Shortened Notice

Phoenix MC, Inc. Chapter 11
Hrg re emergency motion for order authorizing
the debtor to honor:
(1) pre-petition vacation pay and/or paid-time-off; and
(2) employee benefit programs in the ordinary course
of business in the ordinary course pursuant to
11 U.S.C. Sections 105(a) and 507(a)
[Scott H. Yun]
*Heard on Shortened Notice

Phoenix MC, Inc. Chapter 11
Hrg re emergency motion of debtor
And debtor in possession for interim
and final approval of post-petition
financing
[Scott H. Yun]
*Heard on Shortened Notice


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