CIT GROUP Bankruptcy News, Issue No. 2

(EMAILWIRE.COM, November 04, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 2 of CIT GROUP BANKRUPTCY NEWS today.  The 27-page newsletter contains stories with these headlines:


[00010] CIT GROUP'S CHAPTER 11 CASE ASSIGNED TO JUDGE A. GROPPER
[00011] DEBTORS' MOTION TO SET PLAN & DISC. STATEMENT HEARING
[00012] DEBTORS' MOTION TO OBTAIN $500-MIL. DIP FINANCING
[00013] DEBTORS' MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM
[00014] DEBTORS' MOTION TO CONTINUE USING EXISTING BANK ACCOUNTS
[00015] DEBTORS' MOTION TO CONTINUE USING EXISTING BUSINESS FORMS
[00016] DEBTORS' MOTION TO WAIVE SEC. 345 INVESTMENT GUIDELINES
[00017] DEBTORS' MOTION TO HONOR FEDERAL RESERVE AGREEMENT
[00018] DEBTORS' APPLICATION TO EMPLOY FBG AS VOTING AGENT
[00019] DEBTORS' APPLICATION TO TAP KURTZMAN AS CLAIMS AGENT
[00020] CIT AUSTRALIA BONDHOLDERS AGREE TO WAIVE RIGHTS
[00021] FITCH DOWNGRADES CIT'S IDR TO 'D' ON BANKRUPTCY FILING
[00022] S&P REVIEWS CIT'S BANKRUPTCY EFFECT ON U.S. EQUIPMENT ABS


A copy of today's newsletter can be purchased on-line with a major credit card at https://ecommerce.bankrupt.com/bin/ibl_re?co_name=CIT|GROUP for $45. Copies of all back issues are also available for purchase at BCSI's on-line newsstand.

CIT GROUP BANKRUPTCY NEWS tracks the restructuring of CIT Group Inc.

How to Subscribe to CIT GROUP BANKRUPTCY NEWS

CIT GROUP BANKRUPTCY NEWS is distributed to paying subscribers by electronic mail.  New issues are published on an ad hoc basis as significant activity occurs (generally every 10 to 20 days) in the Debtors' cases.  The subscription rate is $45 per issue.  Newsletters are delivered via e-mail; invoices, transmitted following publication of each newsletter issue, arrive by fax.  Distribution to multiple individuals at the same firm is provided at no additional charge; folks outside of your firm should set-up and pay for their own subscriptions.  Subscriptions may be canceled at any time without further obligation.

To continue receiving CIT GROUP BANKRUPTCY NEWS, please complete and submit the subscription form at https://ecommerce.bankrupt.com/bin/ibl_re?subco_name=CIT|GROUP
 

Bankruptcy Creditors' Service, Inc.
         Peter A. Chapman
         (215) 945-7000
         peter@bankrupt.com