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/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 http://www.law360.com/articles/129612 In a festering fee dispute between Linens 'N Things’ noteholders and the debtor’s special counsel Gardere Wynne Sewell LLP, the noteholders have opposed the firm’s continuing demands for document production in connection with attempts to tighten the debtor’s wind-down budget and restrict payments to the firm. http://www.law360.com/articles/129612 http://www.law360.com/articles/129239 The U.S. trustee overseeing the liquidation of Chrysler castoff Old Carco LLC has signed off on professional service cost applications filed by more than a dozen law firms and consultants for the first fee period of the company's bankruptcy, forging agreements with the applicants to reduce a total of $48 million in requests by $110,000 and to defer an additional $282,000. http://www.law360.com/articles/129239 http://www.law360.com/articles/128995 A group of paper carriers that settled a class action against the now-bankrupt newspaper publisher Freedom Communications Holdings Inc. in 2008 has appealed a bankruptcy court's decision to allow the debtor to use prepetition lenders' cash collateral over objections by the carriers and unsecured creditors. http://www.law360.com/articles/128995 http://www.law360.com/articles/128987 The Catholic Diocese of Wilmington Inc. has filed for Chapter 11 bankruptcy, the latest diocese to seek court protection as it battles dozens of sexual abuse claims by former parishioners. http://www.law360.com/articles/128987 http://www.law360.com/articles/128694 A former employee of a subsidiary of bankrupt homebuilder WL Homes LLC has filed a putative class action alleging that about 100 employees were fired without the 60-day notification required by federal and state law. http://www.law360.com/articles/128694 http://www.law360.com/articles/128579 Pacific Energy Resources Ltd. has found a buyer for oil and gas production assets near Alaska's Cook Inlet, roughly a month after a bankruptcy court's order allowing the energy company to abandon the apparently unprofitable facilities. http://www.law360.com/articles/128579 http://www.law360.com/articles/128466 The U.S. Treasury is haggling over $33 million in professional fees in the Old Carco LLC liquidation, claiming the firms are not entitled to payment for services outside the wind-down — especially as the cast-off Chrysler entity has not repaid the U.S. government's $3.8 billion loan. http://www.law360.com/articles/128466 http://www.law360.com/articles/128464 Luxury fashion company Fendi SRL has objected to a deal among bankrupt Filene's Basement Inc., its former parent Retail Ventures Inc. and shoe retailer DSW Inc. to wipe out $70 million in claims related to loans, bills and other obligations, citing concerns about the deal's effect on a pending trademark case. http://www.law360.com/articles/128464