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Bankruptcy - September, 2009

234 articles

• Water District Can't Remand MTBE Case: 2nd Circ.
• US Shipping Partners' Ch. 11 Plan Wins Judge's OK
• Madoff Trustee Says Charity Investor Was No Victim
• McKool Starts Up Houston Office, Bankruptcy Practice
• Calif.'s $130M WR Grace Asbestos Case Revived
• Judge Nixes $1.9B In Sprint Claims In DBSD Ch. 11
• Bankruptcy Judge Rejects Bid To Move NHL's Coyotes
• EPA Flays Lyondell Over Cleanup Obligations
• ProtoStar Ch. 11 Plan Looks To Auction Off Satellites
• Foley Taps Baker Atty To Head NY Bankruptcy Group
• WaMu Judge Slams JPMorgan's Jurisdiction Argument
• Bankrupt Meat Processor Settles $20M Insurance Spat
• Spansion Fee Auditor Trims Latham's $3.3M Bill
• Employee Incentive Plans — Navigating § 503(c)
• Filene's Strikes $70M Deal With Ex-Parent, DSW
• Bankruptcy Judge OKs Holley's 1st-Day Motions
• Lenders Demand Fontainebleau Ch. 7 Amid Work Halt
• 5th Circ. Revises Pacific Lumber Bankruptcy
• More Homeowners Seek Relief From WL Homes Stay
• Snell & Wilmer Fails To Shake Trustee's Suit
• Bankrupt Station Casinos Fights 'Going Private' Probe
• Trustee Balks At Philly Papers' Investigation Request
• Banks Give FairPoint A Break, But Ch. 11 Still Looms
• Bankruptcy, Restructuring Work To Stay Strong In '10
• MIG Objects To Creditors' Calls For Ch. 11 Trustee
• Former Le-Nature's CEO Charged With $800M Fraud
• Crucible Wins Court Approval For Ch. 11 Asset Sale
• Nortel ERISA MDL Stay Covers Individuals, Too: Judge
• BofA, Countrywide Condemn Tax Group's Ch. 11 Plan
• Underwriters Seek Dismissal Of Colonial Case
• Tropicana Noteholders Appeal Denial Of $2.4M In Fees
• GE Fights For $1.35M Fee After Pliant Spurns Exit Deal
• Holley Returns To Ch. 11 Amid Plummet In Sales
• Creditors Slam Recovery Cap In US Shipping Plan
• Australian Towns Get OK To Pursue Lehman Claims
• Seacor Makes Pitch To Buy US Shipping In Ch. 11
• 8 Colonial Bank ERISA Actions To Be Consolidated
• Young Broadcasting Files Ch. 11 Plan
• Finlay Enterprises Gets OK For $116M Asset Sale
• Serta Owners To Buy Simmons In Ch. 11 Deal
• Big Claims Pile Up Ahead Of Lehman Deadline
• Spansion Japan Plundered By US Affiliate: Creditors
• Lehman Wants To Unveil Barclays Deal Probe Docs
• Insurers Seek To Derail Reviving Of Congoleum Plan
• Judge Urges Rejection Of New Sterlite Bid For Asarco
• Circuit City One Step Closer to Liquidation
• Chadbourne Snaps Up Restructuring Attorneys
• Revenue Drop Drives Velocity Into ComVest's Arms
• SemGroup Disclosure Statement Wins Approval
• Madoff Judge OKs Forfeiture Law-Based Disbursement
• Smurfit-Stone Trustee Balks At Equity Committee Bid
• Judge Greenlights $24M Chrysler Wrongful Death Deal
• Tribune Gets Final OK For $728M Cubs Sale
• Fla. Toxic Tort Suits To Proceed Without Crescent
• Linens 'N Things Noteholder Sues Over Losses
• Canada's Industry Minister Eyes Avaya-Nortel Deal
• Capital Corp. Submits Ch. 11 Liquidation Plan
• RTIH Sues Tronox In Effort To Get Out Of Contracts
• FDIC Slams Colonial Bid To Use $38M Cash Collateral
• Creditors Lose Bid To Move Up $6.7M MarketXT Claim
• Trustee Objects To Fees In Chemtura Ch. 11 Case
• Coyotes Authorize Creditors To Sue Moyes, Others
• Creditors, Trustee Call FTI's Fee Request Excessive
• Hartmarx Buyers Blast Creditor In Licensing Dispute
• Indalex Liquidation Needed To Save $80M: Creditors
• Ch. 11 Examiner Officially Takes Reins In Trump Case
• SandRidge Strikes $230M Deal To Acquire Crusader
• Plutonic, GE Unit Move Ahead With Wind Farm Deal
• Phoenix Life Wants $90M Back From Lehman
• Unanimous Lender Consent Provisions: Protection?
• Creditors' Claims Over Bankrupt Racetrack Survive
• Smurfit-Stone Creditors Object To Equity Committee
• Hayes Lemmerz Creditors Call Asset Sale 'Premature'
• Lakeside Steel Vies For Barzel's Assets
• RH Donnelley Plan Includes Debt Cut, Equity Exchange
• Sterlite Sweetens Asarco Bid With $8B Grupo Release
• Drywall Claims Should Be Handled In Ch. 11: Tousa
• Judge Torches Bankrupt Fuel Co.'s Antitrust Claims
• Former Lehman Execs Sue Over Unpaid Wages
• Tropicana Noteholders' $2.4M Fee Bid Denied
• Lehman Seeks OK For $15M Deal In SunCal Plan
• Settlements OK'd In 12 Suits By Alliance Trustee
• General Growth Securities Fraud Action Trimmed
• FDIC Appeals Ruling In Bid To Dismiss WaMu Suits
• Union Fund Balks At Trump Noteholders' Ch. 11 Plan
• Sec. 1111(b) And Commercial Real Estate Cases
• Sun-Times Creditors, Trustee Question Asset Sale
• Asarco Agrees To $1 Sale Of Contaminated NJ Site
• Lear's Disclosure Statement OK'd
• Crucible Ch. 11 Plan Faces Tax, Union Objections
• Visteon Seeks Approval Of $1.4M Carbone Settlement
• BofA Objects To FDIC, Taylor Bean Stipulation
• Bauer Settlement Ends Source Interlink Antitrust Suit
• PBGC Critiques Sun-Times' Bidding Procedures
• Lehman Wins $6.6M Payment For Metavante Deal
• Judge OKs Energy Partners' Ch. 11 Plan, Again
• Merrill Seeks To Stop Probe Of $8.3B Tribune Buyout
• Wachovia Fails To Escape RICO Suit Over Le-Nature's
• Visteon Looks To Strike $30.6M Deal With GM
• Creditors Committee Objects To Firms' Fees Requests
• Modern Continental Liquidation Plan Gets Green Light
• Lehman Unit Gains Approval To Take Over Swap Deal
• Star Tribune Reorganization Plan OK'd
• Meruelo Sells SoCal Industrial Properties For $5M
• S&B Lenders Drop Ch. 7 Push In Cash Collateral Deal
• FTI Defends $2.4M Fees For Mortgages Ltd. Ch. 11
• Antor Says Circuit City Disclosure Ignores Patent Suit
• Bank Holding Co. CIB Marine Files Prepack Ch. 11
• PBGC Seeks To Preserve Lien In Crucible Asset Sale
• Graphics Properties Disclosure Statement Approved
• Schulte Roth Scores Partner From Fried Frank
• Verizon Loses Bid To Stop $915M Nortel Sale
• Judge Stands By 'Greedy, Arrogant Hogs' Remark
• Fred Leighton Sets Terms For $70M Asset Sale
• JBS Buys Pilgrim's Pride Stake For $800M
• Court Pushes Back Deadline On Old GM's Exit Plan
• Tronox Defends Stalking Horse Amid Creditor Protests
• Flying J Pipeline Investors Reduce Claim To $192M
• Noteholders Bash Six Flags Ch. 11 Plan
• Producers Back SemGroup Reorganization Plan
• Changing Legal Fees Through Litigation Budgeting
• Magna To Sell 2 Racetracks For $170M
• Insurers Say Mark IV Ch. 11 Plan Too Vague
• Barclays' Buy $5B Too Sweet: Lehman
• 1031 Trustee Asks Court To OK $92M In Settlements
• Lehman Fights PMAC Bid To Ax Contract Claims
• Bank Seeks Refinancing Of Lyondell DIP Facility
• PBGC Objects To Philly Papers Bidding Procedures
• Barzel Enters Ch. 11 With $65M Bid In Hand
• $915M Nortel-Avaya Deal A Security Risk: Verizon
• Creditors Object To Incentives In Tronox Asset Sale
• Wells Fargo Balks At $1.3M Gottschalks Sale
• Crunch Buffs Up For Sale By Nixing Flabby Contracts
• BofA, Lehman Vie For Quick Win In $500M Setoff Spat
• Credit Suisse Execs Summoned In Yellowstone Ch. 11
• Creditors Say Cynergy Sale Plan Chills Competition
• Asarco, BLM Land Exchange Violates NEPA: 9th Circ.
• Pacific Energy Gets OK To Abandon Alaska Assets
• Water Agencies Balk At Tronox $415M Huntsman Deal
• Impact Of In Re Metaldyne Corp.
• Asarco To Sell Perth Amboy Cleanup Site For $5M
• Don't Lift Crescent Stay In Toxic Torts Suits: Siemens
• Lyondell Plan Aims For Exit From Ch. 11 Before 2010
• NY Hits Lehman Up For $1.2B In Unpaid Taxes
• Austrian Firm Buys Delphi's European Air Bag Assets
• Smurfit-Stone, Georgia-Pacific Resolve Property Spat
• Cygnus' Debt-Cutting Ch. 11 Plan Gets Court OK
• Sterlite Increases Bid To $2.6B In War For Asarco
• LandAmerica Gives Fidelity A Tax Break In Stock Spat
• Stanford Victims Pillory Receiver, Call For Ch.11
• Chrysler To Pay $22.6M To End Dodge Crash Suit
• Buying Bank Loans: Getting More Than You Paid For
• TXCO Gets OK To Transfer Oil Exploration Rights
• Trustee Flays K&L Gates Over $500M Le-Nature Scam
• Alston & Bird Cuts Visteon Some Slack On Fees
• 2008 Asset Holding's Ch. 11 Plan Snubs Shareholders
• $116M In Grace Settlements With Insurers OK'd
• Frontier Prepares To Fly Out Of Bankruptcy
• Thornburg Execs Come Under Trustee Scrutiny
• GM To Sell Majority Stake In Opel, Vauxhall
• $88M AbitibiBowater Contract Spat To Stay On Hold
• Muzak Ch. 11 Plan Seeks To Slash Debt To $230M
• Calif. River Group Sues Feds Over Mine Discharges
• Sun-Times Seeks OK For $5M Sale To Investor Group
• Philly Papers Say Creditors Overstepping Bounds
• Liquidating Trustee Fights Claims In Charys Ch. 11
• Corporate Bargain Hunting In The Bankruptcy Bin
• Critics Say Fremont Creditors’ Plan Lacks Key Info
• Drop In Natural Gas Prices Forces Trident Into Ch. 11
• TXCO Mineral Lien Holders Object To Rights Transfer
• Lyondell, Sumitomo Get OK For $2.5M Joint Venture
• Lyondell Says Superfund Costs Are Unsecured Claims
• WaMu Seeks OK To Sell Goldman $15M Wind Portfolio
• Maywood Ch. 11 Trustee Eyes Deal In NJ Fraud Suit
• Spansion Wants Brakes Put On German Samsung Suit
• SemCrude Producers Committee Wants Ch. 11 Trustee
• Insurer Seeks To Revoke AHM Loan Coverage
• Lake At Las Vegas Plan Gives DIP Lenders Equity
• AHM Wins Approval Of $5.6M Deal With Execs
• GM Seeks More Time To Work On Ch. 11 Plan
• Balsillie Sweetens Coyotes Bid By $30M
• Noninsider Risk Of Equitable Subordination
• Spansion Gets OK To Sell Singapore Unit For $35M
• Star Tribune Insurers Object To Ch. 11 Plan
• As Hearing Nears, DBSD Slams Ch. 11 Plan Critics
• Nev. Residents Ask To Proceed With WL Homes Suit
• False Ad Claims Added To Congoleum Patent Suit
• Bankruptcy Judge OKs Luminent, HSBC Settlement
• Kirkland Racks Up $32M In Sea Containers Ch. 11
• Judge Rejects $38M Claim In Sirva Inc. Ch. 11 Case
• Pension Funds Jump-Start Chrysler Ch. 11 Battle
• HSBC Joins Bid To Enforce Stay In Spansion Ch. 11
• TXCO Seeks to Transfer Texas Oil Exploration Rights
• Investor Group May Rescue Sun-Times: Report
• Ropes Seeks $2.2M For Charter Creditor Services
• Judge OKs Auto Supplier JL French’s Exit Plan
• Placing Deferred Associates In Public Interest Groups
• Caruso Homes' Reorganization Plan Gets OK
• Capmark To Sell Mortgage Business For $490M
• WCI Emerges From Ch. 11 With New Board
• Tropicana Lenders Blast Noteholders' $2.4M Fee Bid
• JBS Aims To Take Over Pilgrim's Pride For $2.5B
• Palm, Pisces Energy Driven To Ch. 11 By Hurricanes
• US Antitrust Authorities Approve Delphi Sale To GM
• Hayes Lemmerz, Creditors Strike Ch. 11 Plan Deal
• Creditors Back Frontier Ch. 11 Sale To Republic
• Bankruptcy Judge Signs Off On CDX Deal With Holdout
• Developers Slam Trump Disclosure Statement
• First American Sues Credit Suisse Over Nev. Project
• WCI Settles Dispute Over $3.9M Real Estate Contract
• KB Toys Gets Green Light For $2M Sale Of IP
• Circuit City Wins $60M In Warranty Settlements
• Spansion Wins Bid To Nix Apple Contract
• ABA Brief Challenges Ban On Attorney Debt Advice
• Union Deal With Bankrupt Calif. City Thrown Out
• Prepackaged And Prenegotiated Ch. 11 Plans
• Travel-Sales Slump Sends Samsonite Unit Into Ch. 11
• Cooper-Standard Wins OK To Tap $175M DIP Cash
• Pacific Energy Alaska Asset Exchange Gets Go-Ahead
• CCS Second-Lien Lenders Lose Bid For Committee
• Grupo Mexico's Asarco Plan Gets Thumbs-Up
• Barneys Said To Be Mulling Restructuring, Bankruptcy
• Lehman Unit Seeks To Assume $9.7M MEG Swap Deal
• Freedom Becomes Latest Newspaper Co. In Ch. 11
• Bally Total Fitness Swiftly Exits Bankruptcy
• Liberty Mutual Wants VeraSun To Recover Bonds
• Hayes Lemmerz Issues Exit Plan For Creditor Vote
• Card Processor Cynergy Seeks Ch. 11 For Asset Sale
• Huron, Tax Group Trustee Settle Fee Dispute
• Judge OKs Competing MagnaChip Ch. 11 Plans
• Madoff Trustee Says Clawbacks May Target Charities
• Refco Unit Says It's Ready To Exit Ch. 11
• Facing Loan Payment, Condo Developer Enters Ch. 11
• Microsoft, Tessera Object To Spansion Asset Sale