Mcclatchy pbgc
Web2 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 will take over control of the ... 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 …
Mcclatchy pbgc
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Web17 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 … 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.
Web21 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. Web13 feb. 2024 · NEW YORK, Feb. 13, 2024 /PRNewswire/ -- McClatchy Co. (NYSE American-MNI) today announced it has commenced a voluntary restructuring under Chapter 11 of the U.S. Bankruptcy Code following the...
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... Web14 nov. 2024 · McClatchy, more through cost cutting than through improving revenues, continues to have positive cashflow. Over the first three quarters of 2024, it generated …
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).
Web14 nov. 2024 · McClatchy Co. is discussing having the PBGC take over its pension plan as it struggles with a liquidity crisis. McClatchy considers asking for PBGC relief for … shopify door counterWeb13 feb. 2024 · In a court filing, McClatchy listed the PBGC as its largest unsecured creditor with a claim of $530 million. The PBGC and a federal judge would have to sign off on the … shopify docker-composeWebhe Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for The McClatchy Company Retirement Plan, which … shopify doodlesWeb14 nov. 2024 · McClatchy Co., which owns several newspapers, is discussing having the PBGC take over its pension plan as it struggles with a liquidity crisis. shopify domain vs godaddy domainWeb13 mei 2024 · When McClatchy filed its bankruptcy plan in February, with Chatham emerging as the proposed new owner, it offered to pay the PBGC $3.3 million annually for 10 years and give it a 3 percent stake ... shopify domaineWeb15 jan. 2024 · McClatchy Enters into Standstill Agreement with the PBGC Continues previously announced comprehensive restructuring negotiations PR... 26/02/2024 12:31:27 Cookie Policy +44 (0) 203 8794 460 Free Membership Login. Monitor; ... McClatchy Enters into Standstill Agreement with the PBGC. 15/01/2024 9:19pm PR Newswire (US) … shopify double opt inWeb13 jul. 2024 · McClatchy Co. expects to transfer its defined benefit plan to the Pension Benefit Guaranty Corp. as part of a court-supervised sale, the Sacramento, Calif.-based … shopify download app