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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 … 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...

McClatchy bankruptcy: Knight Ridder special pensions …

Web15 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) … Web1 feb. 2024 · The McClatchy Company Retirement Plan ended as of August 31, 2024. The plan covers more than 24,000 workers and retirees. PBGC will update the following … pittaマスク jan https://vapenotik.com

McClatchy Gets Standstill Agreement on Pension Payments

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), extending its current runway for negotiating a consensual restructuring with key stakeholders. 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 ... 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... halldor kiljan laxness

McClatchy bankruptcy: PBGC will take pension plan if …

Category:McClatchy to transfer pension fund to PBGC under Chapter 11 …

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Mcclatchy pbgc

SFA Application History Pension Benefit Guaranty Corporation

Web13 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 … 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 pension plan and hand control...

Mcclatchy pbgc

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Web15 jan. 2024 · McClatchy is working towards a permanent solution under which the PBGC would assume McClatchy's qualified pension plan and continue to pay the Company's … 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 … 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 …

Web15 jan. 2024 · PBGC shall forbear from filing Notices of Federal Lien to perfect any 430 (k) Lien against McClatchy or any of the ERISA Debtors during the period beginning on the Effective Date and ending on the earliest to occur of (a) February 18, 2024; (b) three Business Days after PBGC receives written notice from McClatchy that Chatham or … 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 …

Web4 sep. 2024 · September 4, 2024. WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for The McClatchy Company …

Web10 sep. 2024 · The PBGC said McClatchy retirees will continue to receive benefits without interruption, and future retirees can apply for benefits as soon as they are eligible. The agency will pay pension benefits earned by McClatchy’s current and future retirees up to the legal limits. The PBGC also said the claim resulting from termination of the ... halle 02 hdWeb10 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. halle 400 kiel kitaWeb31 aug. 2024 · THE MCCLATCHY COMPANY RETIREMENT PLAN Overview View PBGC Maximum Monthly Guarantees for Plans Terminating in 2024 FAQ Questions and … pitta vitWebThe McClatchy Company Retirement Plan ended as of August 31, 2024. The plan covers more than 24,000 workers and retirees. For participants who received their first payment … halle 49 mannheimpitted keratolysis nhsWebAt 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 ... pitt campus skylineWeb2 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 ... halle 662 kapazität