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All About Work & Financial: CIT Group's $500 Million Loan ...
U.S. Bankruptcy Judge Allan Gropper in Manhattan today granted CIT's request to approve the loan from a group of lenders led by Bank of America Corp. Gropper allowed CIT to borrow $125 million on an interim basis earlier this month. ...

Small Business Lender files for Bankruptcy |
CIT said Sunday that none of its operating units, including Utah-based CIT Bank, were included in the filing, and are planing to continue lending. CIT has filed a number of motions to allow it to continue operations, including requests ...

The Yeshiva World » CIT Group Files For Chapter 11 Bankruptcy ...
New York-based CIT listed $71 billion in assets and $64.9 billion in debt in a Chapter 11 filing in U.S. Bankruptcy Court for the Southern District of New York. None of its operating subsidiaries, including CIT Bank, a Utah-based bank, ...

Singapore Law Watch
MI-Reit took CIT to task for the statements made in the Dow Jones article. It said they may have misled readers to believe that NAB was supportive of CIT's initiative. However, the bank has written to it on Oct 2 that 'it has a ...

All About Work & Financial: CIT Group Can Shield Equipment Finance ...
Lenders including Fifth Third Leasing Co., Wells Fargo Bank Northwest and Wilmington Trust Co. had objected to the shield for CIT's non-bankrupt unit, saying the company failed to prove why it deserves the “extraordinary” measure of ...

Gordian Group's Kaufman on CIT's reorganization (The Deal Video)
Gordian Group LLC's Peter Kaufman says it's unclear if regulators will approve CIT Group Inc.'s (NYSE:CIT) prepackaged bankruptcy reorganization plan, which includes transferring its core businesses to CIT Bank. ...

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