The judge for Northwest Airlines Corp.’s Chapter 11 case said Wednesday he plans to make a final decision by the end of the week on whether a group of hedge funds must disclose trading data that they claim should be kept private.
An alleged $75 million conflict of interest has prompted calls for the ousting of law firm Pillsbury Winthrop Shaw Pittman from a long-running bankruptcy case.
A New York bankruptcy judge has denied approval of Adelphia Communications Corp.’s $32.5 million settlement with insurers, saying it would interfere with related litigation pending in another court.
True to their word, a group of Northwest Airlines Corp. shareholders has demanded that the bankruptcy court appoint an examiner to determine whether the airline is contemplating a merger behind its back.
A bankruptcy court will reexamine a settlement between lenders and creditors of Iridium Operating LLC that was used to fund a lawsuit against former Iridium parent Motorola Inc.
A judge on Monday granted energy provider Calpine Corp.’s request to obtain a $5 billion replacement of its debtor-in-possession loan to facilitate its exit-funding refinancing and debt repayment.
Delta Air Lines Inc. has filed a lawsuit over its lease with Los Angeles International Airport, seeking a declaratory judgment and an injunction to stop the airport and the City of Los Angeles from terminating the agreement.
Allied Holdings Inc. has filed a joint plan of reorganization and disclosure statement, a development the bankrupt auto carrier said could affect the handling of numerous civil lawsuits pending against it in the U.S. and Canada.
Amtrol Holdings Inc. has filed a Chapter 11 plan that will provide for a debt-for-equity swap with holders of its $97.8 million in senior subordinated notes, and allow pre-petition and post-petition lenders and unsecured creditors to be repaid in full.
A bankruptcy judge has handed Adelphia Communications Corp. a partial victory in its battle with Lucent Technologies Inc., ruling the telecommunications company is not protected by attorney-client privilege from having to turn over certain documents related to its $44 million claim.
Bankrupt media company Granite Broadcasting Corp. has filed its first amended joint plan of reorganization and its related disclosure statement, which provide a valuation for the company of more than $500 million.
The U.S. Supreme Court refused Monday to hear an appeal by former WorldCom Inc. chief executive officer Bernard J. Ebbers of his 25-year sentence for his role in the securities fraud that brought the company down.
Just days after reaching settlement agreements with eight parties in its bankruptcy proceedings, FLYi Inc. filed motions Friday requesting court approval of three more settlements.
Northwest Airlines Corp. has fired back at its flight attendants union, asking the court to reject a motion by the union seeking to overturn pay and benefit cuts Northwest imposed after the bankrupt airline got the green light to void its collective bargaining agreements.
A judge overseeing the bankruptcy proceedings of WorldCom Inc. has agreed that former spokesman Michael Jordan may be owed the balance of his 10-year endorsement deal, allowing the basketball superstar to proceed with his $8 million claim.
Bankrupt auto parts maker Dana Corp. claims moves by a group of retirees to block a motion to terminate non-pension benefits threaten to derail the company’s bid to emerge from Chapter 11.
Jail sentences have been handed down to two former Yukos executives who were convicted of embezzling $13 billion from the bankrupt oil company.
A group of Dana Corp. bondholders has thrown its support behind a motion by the bankrupt auto parts maker to end the non-pension benefits supplied to non-union retirees.
A judge on Friday denied a motion in Calpine Corp.’s bankruptcy case filed by a financial consulting firm that asked for relief so it could go after a $1.44 million claim.
A group of second-lien lenders that are leading the hunt to buy Werner Co. has asked a bankruptcy court to reject the ladder maker's request to provide a breakup fee in connection with the auction, calling the move unnecessary.