Idearc Inc. filed for chapter 11 bankruptcy today at the United States Bankruptcy Court for the Northern District of Texas. The debtor's petition lists $1.8 billion in assets and $9.5 billion in debt, approximately $6.6 billion of it secured.
Idearc Inc. manages and delivers print, on-line and wireless publishing and advertising services. They are represented by Fulbright & Jaworski L.L.P.
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The parent company of the Chicago Sun-Times filed for chapter 11 bankruptcy protection this morning at the United States Bankruptcy Court for the District of Delaware. Sun-Times Media Group, Inc. listed $479 million in assets on its petition. The largest equity security holder is listed as Hollinger Inc. of Toronto.
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Zounds, Inc. filed for chapter 11 yesterday at the United States Bankruptcy Court for the District of Arizona. The debtor, based in Phoenix, listed between $10 and $50 million in assets and liabilities.
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Nova Biosource Fuels, Inc. filed for chapter 11 yesterday at the United States Bankruptcy Court in DE. The debtor's petition lists approximately $110 million in assets and $111 million in debts. The debtor is an energy company that markets bio-diesel fuel and related co-products from feed-stocks.
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