Mcclatchy pbgc
Web16 jan. 2024 · McClatchy Co. has reached a standstill agreement with the Pension Benefit Guaranty Corp. (PBGC) to extend negotiations with its creditors. The month-long standstill agreement was effective January 14. In a filing with the Securities and Exchange Commission, McClatchy said it had a minimum funding contribution due January 15 in … Web16 mrt. 2024 · For a complete list of SFA applications received to date and summary information for each, you may download the List of Applications [.xls] file. The table below includes links to the application documents submitted with applications for which PBGC has completed redactions of personally identifiable information (PII).
Mcclatchy pbgc
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Web18 feb. 2024 · McClatchy, owner of the Miami Herald, Kansas City Star and other newspapers, filed for bankruptcy on Thursday. It said it planned to continue operating newsrooms as usual during the Chapter 11... Web10 sep. 2024 · The Pension Benefit Guaranty Corporation (PBGC) has taken over responsibility for the McClatchy Company Retirement Plan, which covers more than 24,000 current and future retirees. In February, the McClatchy Co. and 53 subsidiaries filed for Chapter 11 protection in the U.S. Bankruptcy Court in Manhattan.
Web15 jan. 2024 · SACRAMENTO, Calif., Jan. 15, 2024 /PRNewswire/ -- McClatchy (NYSE American-MNI) announced today that it has entered into a Standstill Agreement with the Pension Benefit Guaranty Corporation (PBGC ... Web16 jan. 2024 · McClatchy Co. has reached a standstill agreement with the Pension Benefit Guaranty Corp. (PBGC) to extend negotiations with its creditors. The month-long …
Web19 feb. 2024 · McClatchy's bankruptcy plan calls for handing ownership of the company to Chatham in exchange for extinguishing some of its debt. It's also seeking to terminate its … Webhe Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for The McClatchy Company Retirement Plan, which …
Web13 jul. 2024 · In November, McClatchy disclosed discussions with the PBGC to take over its qualified defined benefit plan. That plan, which was closed to new participants in 2009, has $1.3 billion in assets...
Web*McClatchy Pension Plan Effective September 4, 2024, the Pension Benefit Guaranty Corporation took over as trustee of the McClatchy Company Retirement Plan. Please call … japanese beech fern careWeb17 jun. 2024 · McClatchy Co. AP file Pruitt received compensation valued at $5.6 million in 2006, the year of the merger with Knight Ridder, including a $1 million bonus, according … lowe\u0027s burlington ncWebAt the hearing for McClatchy's first-day motion, the PBGC protested that under the company's proposals it will begin soliciting votes on its Chapter 11 plan Feb. 24, before the unsecured creditors ... lowe\u0027s business account credit cardWeb2 jan. 2024 · McClatchy revealed it faces $124 million in pension fund payment obligations in 2024, prompting it to approach the PBGC in hopes the federal government guarantor … japanese beech hardy fernWeb16 jan. 2024 · McClatchy and the PBGC continue to talk but agree to pause actions involving the company’s pension plan so it can negotiate with lenders. McClatchy talks … japanese beef curry near meWeb21 feb. 2024 · McClatchy, the second-largest local news company in the U.S., will undergo a voluntary restructuring under Chapter 11 of the U.S. Bankruptcy Code. The company's reorganization plan will eliminate roughly 55% of the company's total funded debt, which according to bankruptcy filings totals $703.3 million. lowe\u0027s business advantageWeb18 feb. 2024 · McClatchy, which plans to emerge from the Chapter 11 process in the coming months, is the second largest publisher of local newspapers in US, behind Gannett. In a court filing, McClatchy listed the Pension Benefit Guaranty Corporation (PBGC) as its largest unsecured creditor, with a claim of $530m. lowe\u0027s burlington ohio phone number