http://www.law360.com/ Latest articles for organization: Pachulski Stang Copyright 2009 Portfolio Media, Inc. en-US http://www.law360.com/images/headings/logo.gif http://www.law360.com/ http://www.law360.com/articles/135526 The Catholic Diocese of Wilmington Inc. has asked a bankruptcy court for approval to continue paying retirement and health benefits to seven priests who have been accused of sexually abusing former parishioners, over the objections of the alleged abuse victims. http://www.law360.com/articles/135526 http://www.law360.com/articles/135453 Bankrupt auto parts maker Visteon Corp. is seeking to sell a contaminated piece of land back to an Indiana city, looking for relief from the financial obligations connected to the property. http://www.law360.com/articles/135453 http://www.law360.com/articles/135144 Filene's Basement Inc. has proposed a joint plan of liquidation under which unsecured creditors will retrieve at least 75 percent of their claims against the bankrupt discount retailer, while secured creditors will make a full recovery. http://www.law360.com/articles/135144 http://www.law360.com/articles/134589 Bankrupt satellite operator ProtoStar Ltd. Is facing stiff opposition to an incentive plan that aims to provide eight key executives a set percentage of the $210 million sale of one subsidiary. http://www.law360.com/articles/134589 http://www.law360.com/articles/134322 Champion Enterprises Inc., a maker of factory-built homes, and its U.S. operating units have filed for Chapter 11 protection, in an attempt to improve the company's capital structure through a sale of its operations. http://www.law360.com/articles/134322 http://www.law360.com/articles/134088 Auto parts maker Visteon Corp. has won a bankruptcy court's approval to obtain up to $150 million in debtor-in-possession financing and to sell four manufacturing facilities to Haru Holdings LLC for more than $11 million. http://www.law360.com/articles/134088 http://www.law360.com/articles/133966 Bankrupt satellite operator ProtoStar Ltd. has filed an amended Chapter 11 restructuring plan and disclosure statement that lays out changed distribution procedures, on the heels of receiving approval of a $210 million sale of one subsidiary and the scheduling of an auction for another. http://www.law360.com/articles/133966 http://www.law360.com/articles/133558 Freedom Communications Holdings Inc. has again drawn fire from its unsecured creditors, which this time accuse the newspaper publisher of abandoning efforts to seek out the best reorganization plan proposal by deciding on a prepetition plan without their input. http://www.law360.com/articles/133558 http://www.law360.com/articles/132962 The Catholic Diocese of Wilmington Inc. has reportedly agreed to turn over information about priests accused of sex abuse to plaintiffs in return for the stay of about 80 lawsuits against its nonbankrupt co-defendants, which include individual churches and priests. http://www.law360.com/articles/132962 http://www.law360.com/articles/132213 A judge has given the green light to a $70 million stipulation agreement among several parties in the Filene's Basement Inc. Chapter 11 case that had faced objections by Fendi SRL because it threatened to limit how much the luxury company could recover in its counterfeiting lawsuit against the discount retailer. (Corrects an article published on Nov. 4.) http://www.law360.com/articles/132213 http://www.law360.com/articles/132258 Bankrupt satellite operator ProtoStar Ltd.’s creditors are objecting to the debtor’s proposed $210 million asset sale to Intelsat Subsidiary Holding Co., arguing that ProtoStar passed up a better bid from Eutelsat America Corp. http://www.law360.com/articles/132258 http://www.law360.com/articles/132000 Ramshorn Investments Inc. is declaring itself another potential buyer for Pacific Energy Resources Ltd.'s oil and gas assets in Alaska's Cook Inlet, almost two months after a bankruptcy judge gave Pacific Energy the go-ahead to abandon the facilities when no buyers initially emerged. http://www.law360.com/articles/132000 http://www.law360.com/articles/131680 A bankruptcy court judge has approved EZ Lube LLC's Chapter 11 reorganization plan, setting the stage for the oil-change chain's emergence from court protection. http://www.law360.com/articles/131680 http://www.law360.com/articles/131312 Auto parts maker Visteon Corp. has asked the court overseeing its Chapter 11 proceedings to give a green light to its bid for up to $150 million in debtor-in-possession financing to bolster the company's liquidity as the former Ford Motor Co. unit gears up for an expected uptick in vehicle production. http://www.law360.com/articles/131312 http://www.law360.com/articles/131230 An executive at JPMorgan Chase Bank has said in a sworn statement to a California bankruptcy court that homebuilder Woodside Group LLC violated its credit agreement when it consummated a significant reorganization last year. http://www.law360.com/articles/131230 http://www.law360.com/articles/130879 Bankrupt Pacific Energy Resources Ltd. is facing a raft of objections to its proposed sale of oil and gas assets in Alaska's Cook Inlet region, a month after a bankruptcy judge gave Pacific Energy the go-ahead to abandon the facilities when no buyers initially emerged. http://www.law360.com/articles/130879 http://www.law360.com/articles/130357 Bankrupt auto parts maker Visteon Corp. has asked for court approval to sell four manufacturing facilities to Haru Holdings LLC for more than $11 million in an agreement that also involves Nissan North America Inc., which uses parts from the plants. http://www.law360.com/articles/130357 http://www.law360.com/articles/130128 Wading into a rankling dispute over Linens 'N Things’ wind-down budget, a bankruptcy court has rejected the noteholder committee’s attempt to block payment of Gardere Wynne Sewell LLP’s fees, reprimanding the committee for evasive discovery tactics. http://www.law360.com/articles/130128 http://www.law360.com/articles/129859 The judge overseeing WL Homes LLC’s Chapter 7 liquidation has lifted the bankruptcy stay again, clearing the way for approximately 100 more homeowners to pursue two tort actions against the debtor’s insurer, American International Group Inc. http://www.law360.com/articles/129859 http://www.law360.com/articles/129655 The Catholic Diocese of Wilmington Inc., which sought Chapter 11 protection the night before eight sexual abuse cases from former parishioners were set for trial, has won court approval to access its cash management system, pay employee wages and appoint a claims agent. http://www.law360.com/articles/129655