(EMAILWIRE.COM, November 05, 2009 ) FAIRLESS HILLS, Pa. -- Bankruptcy Creditors' Service, Inc., published Issue No. 3 of CIT GROUP BANKRUPTCY NEWS today. The 23-page newsletter contains stories with these headlines:

[00023] COURT SETS DEC. 1 AS PLAN & DISCLOSURE STATEMENT HEARING
[00024] DEBTORS' MOTION TO OBTAIN $500-MIL. DIP FINANCING
[00025] STIPULATION PRESERVING STATUS QUO OF JPM L/C FACILITY
[00026] DEBTORS' MOTION TO SET CLAIMS & EQUITY TRADE RESTRICTIONS
[00027] DEBTORS' MOTION TO MAINTAIN PREPETITION EMPLOYEE PROGRAMS
[00028] DEBTORS' MOTION TO PAY VENDORS' ORDINARY COURSE CLAIMS
[00029] DEBTORS' MOTION TO PAY PREPETITION SALES & USE TAXES
[00030] DEBTORS' MOTION TO USE EXISTING CASH MANAGEMENT SYSTEM
[00031] DEBTORS' MOTION TO CONTINUE USING EXISTING BANK ACCOUNTS
[00032] DEBTORS' MOTION TO CONTINUE USING EXISTING BUSINESS FORMS
[00033] DEBTORS' MOTION TO WAIVE SEC. 345 INVESTMENT GUIDELINES
[00034] DEBTORS' MOTION FOR JOINT ADMINISTRATION OF CASES
[00035] ADVERSARY PROCEEDING -- Debtors vs. Railcar Lessors
[00036] CIT BANKRUPTCY TRIGGERS $3BB+ IN DEFAULT SWAP PACTS

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.

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Contact Information:
Bankruptcy Creditors' Service, Inc.
Peter A. Chapman
Tel: (215) 945-7000
Email us