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Bankruptcy - July, 2012
249 articles
- DiamondJacks Operator Files For Ch. 11, Mulling $125M Sale
- Indy Downs CEO Objects To Racino's Confirmation Plan
- Wavetronix Asks To Name DBSI Trustee In RICO Suit
- $152M Knocked Off Potential Damages In MSR-Hilton Row
- Peregrine Petroleum Told To Pay $16M In Trade Secrets Case
- Stanford Judge Puts US Receiver Ahead Of Antiguan Liquidators
- Dewey Floated 2-Week Cash Lifeline To Aid Ex-Partner Deal
- Vertrue Wins Bid To Maintain Credit Card Processing Deals
- Bankrupt Arcapita Preps For Stay Fight Over $120M Damages
- Judge Keeps $50M Malpractice Claim Against Paul Hastings
- Pilots Launch WARN Suit Against Bankrupt Airline
- Warner, Sony Slash $100M Claims Against Failed Music Startup
- Nortel Moves To Ax Retiree Benefits In Ch. 11
- Creditors Of Failed Clearinghouses Should Feel Pinch
- Ritz Camera's Auction Schedule Wins Green Light
- Kodak Trustee Objects To $9M Bonuses For Key Managers
- Judge Sides With Trustee, Tells Bicent To Fix Ch. 11 Plan
- ResCap Examiner Gives Court Outline Of Prebankruptcy Probe
- Allied's Payments To Firm Preclude Representation, US Says
- Judge Gives Go-Ahead To Connaught Disclosure Statement
- RI City's Disclosure Statement Gets Judge's Nod
- O'Melveny To Pay $2M In Empire Land Conflict-Of-Interest Suit
- $145M SP Newsprint Stalking Horse Plan Wins Approval
- Solyndra Files Ch. 11 Plan Including Minimal Payback To Gov't
- Bankruptcy Judge Approves Dewey's Employee Bonus Plan
- TMST Trustee Pays Banks $72M To Settle Collateral Rights Suit
- Tribune Turns To BofA, Merrill For $300M Credit Facility
- 2 Ex-Thelen Partners Settle Compensation Claims
- Milbank Lures Bankruptcy Expert From White & Case
- Prince's Ch. 11 Plan Wins Green Light
- Fletcher Wins Injunction Against Cayman Liquidators
- Ch. 11 Judge Won't Stay RG Steel Unit's Massey Contract Suit
- BNY Wants Probe of Bankrupt Ala. County's Sewer Finances
- Some Can't Dock In Bankruptcy Code's 'Safe Harbor'
- Kodak, Apple Patent Row To Stay In Bankruptcy Court
- 3rd Circ. Nixes $2M Defamation Claim In Philly News Ch. 11
- Dewey Offers New $90M Clawback Deal To Ex-Partners
- Madoff Feeder Suits Belong in Europe, Banks Tell 2nd Circ.
- SP Newsprint's $145M Stalking Horse Too Swift, Creditors Say
- Hawker's $2M Employee Retention Plan Gets Green Light
- Madoff Trustee Asks To Release Up To $2.4B In 2nd Payout
- Calif. City's Financial Practices Under SEC Microscope
- Judge Strikes Breakup Fee From LSP Stalking Horse Deal
- Arnold & Porter Adds White & Case Bankruptcy Vet
- Case Study: In Re Windmill Durango Office
- RI Wants To Seize Schilling Co.'s IP After $75M Loan Default
- Judge Blocks ERISA Claims In Madoff Liquidation
- Adelphia, FPL Closing Arguments Spar Over Valuation
- Lehman, Deutsche Reach $42M Deal In Derivative Contract Row
- AspenTech Loses Bid To Halt Servicing Of Infringing Software
- DVD Co. Cinram Gets US Clearance For $83M Sale To Najafi
- CFTC Access To Firm Accounts Could Prevent Future Peregrines
- Dewey Bankruptcy Judge Seeks More Info Before Bonus Ruling
- Jones Day Adds Ex-Hunton & Williams Finance Partner
- Skinner Ch. 11 Must Convert To Ch. 7, 3rd Circ. Confirms
- San Bernardino OKs Emergency Budget To Defer Debts
- Judges OK Private Equity Firm's $70M Northstar Buy
- Kerr-McGee Witness Begins Defense In $25B Tronox Case
- Potential LSP Bidder Objects To $249M Stalking Horse Deal
- Spansion Pushes 3rd Circ. To Overturn Bar On Apple Suit
- Judge Delays Ruling In Kodak Patent Row With Apple
- Trustee Objects To Hawker Beechcraft's Exec Bonus Plan
- Betsey Johnson Sues Over Fabric Sales
- Hedge Fund Appeals Approval Of Tribune Ch. 11 Plan
- Case Study: In Re Creekside Senior Apartments
- TMST Trustee's $2B Suit Belongs In Bankruptcy Court: Judge
- Ritz Landlords Cry Foul Over Speedy Bidding Process
- Bicent Creditor Cries Foul Over 'Shortcuts' In Ch. 11 Plan
- Stockton, Calif.'s Pre-Ch. 9 Sessions Yielded Few Deals
- ITC Ruling Could Be Nail In Kodak Patent Sale's Coffin
- CME Group May Move Customer Funds To Clearinghouses
- Fairfield Liquidator Eyes $89M In Pair Of Clawback Suits
- Oregon Laser Co. Files For Ch. 11 In Expanding Market
- Case Study: Sunbeam V. Chicago American Manufacturing
- Lumbermens' Rehabilitation: Consequences For Policyholders
- American Laser Wants More Time To File Ch. 11 Plan
- SP Newsprint's Lenders Form $145M Stalking Horse
- Dewey Execs Move $7M Fraud Suit, Say Firm Is Correct Target
- Koch Unit Slams MF Global Trustee's $20M Claim
- AMR Flight Attendants Will Vote On New Contract
- Alzheimer's Group Can Push Suit Against Ruden McClosky
- Labor Union Wants Patriot Coal Ch. 11 Moved To W.Va.
- Further Aligning Italian Bankruptcy Law To US Ch. 11
- MSR, Hilton's Post-Trial Damage Estimates $288M Apart
- Dewey Extends Deadline For $104M Ex-Partner Deal
- Judge Gives Law Firms OK To Appeal Coudert Clawback Ruling
- Massey Accuses RG Steel Of Misusing Bankruptcy Stay
- Tronox, Kerr-McGee Trial To Resume In Enviro Liabilities Row
- US Fidelis To Pay Consumers $13M To Settle Warranty Suit
- 2nd Circ. Flips Grant Thornton Win In Winstar Audit Suit
- Some Peregrine Customers Get Chance To Reclaim Property
- Former TWA Pilots Can't Step Into AMR Labor Dispute
- AMR Gets More Time To File Plan, Consider Merger Options
- 10 Issues For Property Insurers Of Hard-Luck Insureds
- San Bernardino Declares Fiscal Emergency To Hasten Ch. 9
- FHFA Can Pursue MBS Claims Against ResCap Affiliates: Judge
- Howrey To Subpoena 70 Firms That Hired Ex-Partners
- IndyMac CEO Off Hook For SEC's Risk-Weighting Claims
- Schulte Ducks Malpractice Claims From Refco Investors
- RG Steel Exec Bonuses Linked To Sale As Going Concern
- Feds' $5M Thompson River Claim May Quell Solyndra Furor
- Compton May Be Next In Spate Of Calif. City Bankruptcies
- Amaranth Says Would-Be Dreier Adviser Has Privileged Info
- US Trustee Fights Dewey Over $700K In Retention Bonuses
- Spotlight On Section 550 Of The Bankruptcy Code
- Madoff Trustee, Calif. AG Enter Talks Over Right To Sue
- Peregrine CEO Wasendorf Delays Bail Hearing
- Judge Nixes Lawyer Fee Cap For Kodak Retiree Committee
- Ritz Camera, Creditors Agree On Amended $20M DIP
- Peregrine CEO Used Stolen Funds To Pad Capital, Reports Say
- Arctic Glacier's $434M Sale To HIG Gets US Approval
- Wireless Network Co. FiberTower Files Prepack Ch. 11
- Mont. Power Co-Op Meddled With Contracts, City Says
- Indy Downs Gets Go-Ahead To Settle $50M Contract Claims
- Advanta, KPMG Can't Dodge Shareholder Class Suit
- Judge Lets Hawker Beechcraft Negotiate With Chinese Bidder
- NJ Developer Pays $22M To Settle Condemnation Row
- 6 States Face Mounting Budget Crisis, Report Warns
- Stern Wrests $11M Arbco Clawback From Bankruptcy Court
- IP In Bankruptcy — Insights From 6th, 7th Circs.
- Besieged San Bernardino Postpones Fiscal Emergency Vote
- Judge OKs LightSquared's $51M DIP Plan, CEO Deal
- NFA Hires Jenner & Block For Post-Peregrine Audit
- Departing Yahoo CEO Could Face Radar Fraud Suit
- Ex-Dewey Attys May Be Liable For Client Privacy Breaches
- LSP Secures $249M Stalking Horse Bid For Miss. Plant
- Dewey Gets Thumbs-Up For File Disposal Procedures
- Discount Apparel Chain Daffy's Reportedly To Liquidate
- Hawker Sale To China Risks Military Secrets, Union Says
- Pilgrim's Pride Says Farmers' Antitrust Claim Won't Fly
- Peregrine Execs Accused Of Commingling Funds In New Suit
- Mayer Brown Tells 7th Circ. $17M Malpractice Suit Is Absurd
- Patriot Coal's Remaining 1st-Day Motions Granted In Ch. 11
- Raising The Bar On CMBS Loans
- Judge Gives Tribune Co. Green Light On Ch. 11 Exit Plan
- Asbestos-Saddled Specialty Products Submits 1st Ch. 11 Plan
- Judge Sees No Quick End To 'Train Wreck' MF Global Cases
- Evergreen Solar Gets Approval To Turn Out The Lights
- Regulators Eye New Rules To Manage Big Bank Failures
- Dems Float New Bankruptcy Rule To Protect Workers
- Hilco, Others Can't Remove Ellen Tracy Trustee's $50M Suit
- Dykstra Admits To Bankruptcy Fraud, Faces 20 Years
- Ga. Holding Co. Lists 25,000-Plus Creditors In Ch. 7 Filing
- Peregrine CEO Arrested As Damning Suicide Note Emerges
- San Bernardino Subject Of Criminal Probe For Months
- Using Plaintiff's Bankruptcy In A Product Liability Action
- Syms Brings Creditors, Equity Together On Ch. 11 Plan
- Peregrine Trustee Can Run Business Ops, Pay Key Employees
- MSR Witnesses Make Case To Cancel Hilton Agreements
- AFA Foods Nets $57M In Sale Of Texas, Pa. Meat Plants
- Fund Managers Put Up $32M To End Rothstein Trustee Claims
- Allied Systems Gets Green Light For $20M DIP Loan
- Judge To Tap Mediator In NewPage Ch. 11 Feud
- The Latest In Jefferson County
- Citi Can't Ax Suit Over Bankrupt Vegas Monorail Bonds
- Bold Calif. Mortgage Plan Faces Eminent-Domain Hurdles
- NYC Calls Getty's Liquidation Plan Inadequate
- CFTC's Peregrine-Prompted Reforms May Not Fend Off Fraud
- Sealing The Deal: DLA Piper Speeds Reddy Ice Through Ch. 11
- Ambac Wins 2nd Circ. Approval For $33M Securities Settlement
- High Court Asked To Weigh Juries' Role In Punitive Damages
- Lehman Claims In $8.6B JPMorgan Row Won't Get 2nd Look
- Calif. City Retirees Sue To Block Health Care Cuts
- Dewey Seeks $104M From Ex-Partners To Avoid Clawbacks
- Shaw Gussis Atty Steps Into Peregrine Ch. 7 Trustee Role
- AMR CEO Says It's Time To Consider Merger Options
- Taylor Bean Unit's $800M Freddie Mac Gambit Faces Slim Odds
- Bondholders Rip NewPage Rejection Of $1.5B Verso Merger
- Peregrine CEO's Suicide Note Tipped Off FBI To Missing Money
- Bankrupt Peregrine Faces WARN Suit
- LSP Energy Settles With BNY Mellon Over $80M Bond Penalty
- San Bernardino Is 3rd Calif. City To Go Bankrupt
- Investors To Get $110M From Merkin Funds
- MF Global's Canada Unit To Hand Over $61M In Forex Funds
- Tribune Will Get Decision On Ch. 11 Plan By Fri., Judge Says
- Private Equity In The Crosshairs
- Peregrine Files For Ch. 7 As Fraud Scandal Unfolds
- Rising Costs Could Push More Calif. Cities Underwater
- 38 Studios Execs Say Miscommunication Led To $75M Default
- Peregrine Likely To Take Cues From MF Global Bankruptcy
- Judge Rules 'Soft-Dollar' Claims Aren't Protected By SIPA
- ResCap Wins Stays On Last 6 Suits Against Affiliates
- Bankrupt Taylor Bean Unit To Seek $800M From Freddie Mac
- Patriot Coal Scores Interim Access To $802M DIP Loan
- Brooklyn Developers Face $50M Suit Over Soured Deal
- SemGroup Creditors' Trust Sues Barclays Over $143M Fee
- $1.8B Chinese Bid For Hawker Stirs Up Security Concerns
- Retirees Seek To Curb Kodak's Leeway To Cut Benefits
- RH Donnelley Execs Reach $2M ERISA Class Deal
- Enviros Cleared To Pursue Appeal In RG Steel Pollution Case
- Holland & Knight Hires PE Expert From Katten Muchin
- Radlax — 'An Easy Case'
- Chinese Aerospace Co. To Pay $1.8B For Hawker Beechcraft
- Low Sales, High Costs Usher Patriot Coal Into Ch. 11
- LightSquared Reaches Termination Deal With Ex-CEO
- Indy Downs CEO Seeks Probe Of Creditor's Links To Rival
- Judge Allows Dewey & LeBoeuf To Break Most Of Its Leases
- FDIC Fights Fee Payout In Imperial Bankruptcy
- Bankruptcy Trustee, Brokers Duck FCA Kickback Claims
- Meyer Suozzi Allowed To Stay On In Inner City IP Case
- Bankrupt RG Steel Must Face Air Pollution Suit, Judge Says
- Bankrupt Ritz Camera Seeks Stalking Horse Bid
- IndyMac Trustee Takes Insurers' $80M Win To 9th Circ.
- Trend Watch: The Safety Of Reorganization Financing
- 11th Circ. Gives BofA Small Win In Las Vegas Casino MDL
- Syms' Reorganization Plan Coming Together After Agreement
- AMR Seeks To Change Retiree Benefit Plans
- Weil, Butzel, Kramer Pay $520K To End GM Ch. 11 Fee Fight
- Marriott Reaches Deal In Dispute Over $250M Honolulu Hotel
- REIT Sues Station Casinos, Creditors For Share Rights
- Are Your Waivers Worth The Paper They Are Printed On?
- Dynegy Files For Ch. 11, Will Merge With Subsidiary
- FDIC Says Bankruptcy Stay Doesn't Block Ally Suit
- Fletcher Gets TRO Against Liquidator To Keep Assets Intact
- Extended Stay Trustee Bows Out After Feud Over Lender Suits
- Specialty Products Trustee Objects To More Asbestos Attys
- Getty Unit Wins $5M Judgment In Green Valley Rent Row
- Insurance Agents Admit To $29M Annuities Fraud
- Bankruptcy Filings Slide In 1st Half Of 2012, Report Says
- Commonwealth To Pay $11M To Settle LandAmerica Ponzi Suit
- Delta Petroleum Earns Nod On Disclosure Statement
- Asbestos Claimants Seek Sanctions Against Garlock
- Lehman's Objections Survive In JPMorgan Repo Row
- Bradley Arant's Charlotte Office Scores Bankruptcy Partner
- Union Pacific Says It Can't Be Railroaded Into Cleanup Fees
- Dewey Seeks Court's OK For $700K In 'Morale' Bonuses
- Bankrupt Fletcher Fund Sues To Fight Liquidation
- Who's SARE-y Now?: No Whole-Business Exceptions
- RG Steel Blasts Enviros' Exemption Claim To Ch. 11 Stay
- Judge Awards $56.7M For Lehman Bros. Class Action Fees
- Ex-NY Bankruptcy Chief To Be Examiner In ResCap Ch. 11
- WaMu Shareholder Objects To Bankruptcy Attys' Fees
- Feds Release 'Living Will' Outlines For 9 Big Banks
- Hilton Expert Says Nixing MSR Resort Deals Would Harm It
- Strategic Capital Dodges $2M Fraudulent Transfer Suit
- NJ State Judge OKs $45.3M Sale Of Bankrupt Christ Hospital
- House Panel Wants Loan Testimony From Abound Solar CEO
- Betsey Johnson Settles Debt With Creditor Steve Madden
- Patton Boggs Bankruptcy Chair Joins Hunton & Williams
- Challenging The Evasion Of ERISA Pension Liability
- Calif. Resort Town To File Ch. 9 After $43M RE Judgment
- Dynegy Unit Can Seek Creditor Votes On Bankruptcy Plan
- Hawker Beechcraft Plan Would Convert Debt To Equity
- Kodak Gets Go-Ahead For Controversial Patent Sale
- Trustee Says Dewey Wants To Hire Too Many Advisers
- Abound Solar Files For Ch. 7 Despite Federal Loan Guarantee
- Micron's $2.5B Buyout Covers Bankrupt Elpida's Debts
- Japan's Sanko Steamship Sinks Under $2B Debt
- Dewey & LeBoeuf And The 'Unfinished Business' Doctrine