Bankruptcy Archive » January, 2008

Bankruptcy - January, 2008

137 articles

• Pacific Lumber Creditors File Reorganization Plan
• Fedders Gets Green Light To Sell HVAC Unit
• Beleaguered Milwaukee Archdiocese Eyes Bankruptcy
• Careful Crafting Of Guarantee Can Allow Claim Revival
• Tousa Noteholders Balk At Restructuring Proposal
• Dana Wants Satisfied Claims Expunged
• Solutia To Pay EPA $3M To Settle Superfund Issues
• New Century To File Chapter 11 Plan By Feb. 21
• People's Choice Seeks 2 More Months Of Exclusivity
• Judge OKs Twinkie Maker's Disclosure Statement
• Dura Clears Roadblock To Ch. 11 Exit
• IRS Cuts Bankrupt NYRA's Claim By $1.58B
• Interstate Earmarks Funds For Creditors
• Calpine Withdraws From U.S. Supreme Court Case
• Another Homebuilder Files For Ch. 11
• Fire Engine Builder Vows Speedy Exit From Ch. 11
• L. Tersigni Bids To Keep Heller Ehrman Report Private
• Calpine Plant Fetches Millions More Than Anticipated
• Bankruptcy Court OKs Fraud Suit Against Lawyers
• Delphi Wins Plan Approval After Bonus Cut
• Call Center Co. Receives Approval For $30M DIP
• Dura Lobbies Court To Approve New Loan
• Moscow Court Kicks PwC Appeal To The Curb
• Creditors Object To Interstate Bakeries Plan
• E&Y Objects To Document Request In Sphinx Case
• Enron Demands $9M To Cover Settlement Shortfall
• Solutia Taps Quinn Emanuel As Special Counsel
• Financial Co. Is Lawyers' "Puppetmaster": Debtors
• Banks' Motion To Stay Calpine Confirmation Denied
• Nellson Files 150 Suits Seeking Repayment
• Movie Gallery Gets Exclusivity Extension
• Former Telecom CEO Ordered To Repay $12M Loan
• Ousted CEO Clawing His Way Back: U.S. Energy
• Lender Asks Court To Liquidate NovaStar Unit
• Refco Traders' Claims Don't Have Priority: Court
• Judge Gives Early OK To Hancock Fabrics Settlement
• $150M Loans Propel Global Power Out Of Ch. 11
• Asarco Seeks Court OK Of $27.9M Settlement
• New Century Examiner Wins More Time For Probe
• New Century Gets More Time To File Exit Plan
• Mortgage Lenders' Pact Pares Down Extension
• Calpine Creditors Object To Motion For Stay
• Trustee Protests Dura's Sealed Motion In GM Deals
• Mitchell Silberberg Launches Subprime Group
• Pacific Lumber Rebuffs Plan For Ch. 11 Trustee
• El Paso Moves To Block Asarco Site Reopening
• Printing Co. Enters Ch. 11 With Over $1B In Debts
• Solutia Asks To Settle Claims Dispute For $220.5M
• Reed Smith Picks Up Half Anderson Kill's Work Force
• New Congoleum Plan Would Pass Liability To Trust
• Judge OKs Musicland Liquidation Plan
• Citing Housing Crash, Propex Files For Ch. 11
• Just Ahead Of Patent Hearing, TVS Files For Ch. 11
• Delphi To Cut Bonuses To Win Ch. 11 Plan Approval
• FLYi, MTTC Settle For $108M In Claims
• Court Approves Marcal's Proposed Asset Sale
• Fedders Creditors Ask To Sue Insiders, Others
• Subprime Losses Could Top $500B: Report
• Delphi Confirmation Falters Over Bonus Plan Dispute
• New Century Accused Of Misleading Behavior
• U.S. Energy Wants Former CEO Punished
• Noteholders Wary Of $228.5M Delphi Settlement
• Asarco To Pay $33.4M In Toxic Cleanup Claims
• Tree-Hugging Creditors To Bid For Lumber Co.'s Land
• Cozen O'Connor Creates Credit Crisis Group
• Delphi Says Ch. 11 Plan Pleases Most Creditors
• Trustee Objects To Massive Claims Against SFC
• Ritchie Capital Cos. Sold For $452.5M
• Solutia Creditor Swaps $30M Claims For $13M Deal
• Asarco Seeks 9th Exclusivity Extension
• Will "Prepacks" Lead To More Chapter 22s?
• Delta Merger Would Face Antitrust Hurdles
• Calpine Resolves Damages Claim With $16.5M
• New Century Trustee Backs Examiner's Extension Bid
• Twinkie Maker Receives No Rival Plans
• Union Looks To Block Marcal Asset Sale
• Topps Liquidation Leaves Only Scraps For Creditors
• Subprime Write-Downs Hit $174B, Suits To Rise
• NYRA Gets Exclusivity Extension
• Brown Rudnick Nabs U.K.-Based Insolvency Attorney
• Credit Plan For Bankrupt Builder Gets Tentative Nod
• Delphi Senior Noteholders Slam Bankruptcy Exit Plan
• Trustee Objects To American Home's Auction Plan
• Firms Claim Sphinx Trustee's Discovery Is "Fishing"
• Subprime Crisis Drives FBR Mortgage Unit Into Ch. 11
• London's ING Re Seeks To Block U.S. Creditors
• Sonnenschein Introduces Credit Crisis Task Force
• Shareholders Claim Calpine Ch. 11 Plan Lowballs Value
• One Window Shuts For Interstate Bakeries
• Dura Seeks Approval To Pay CEO $2.5M Exit Bonus
• Eyeing Asset Sale, Marcal Amends Plan
• Tight Credit Spurs Bankrupt Dura's Plea For Extension
• SBC, Enron Reach Truce In Bankruptcy Battle
• Delphi Hit By Avalanche Of Objections
• Bank Rebuffs Solutia Creditors On "Disputed" $12M
• Marcal Creditors Seek Permission To Sue NexBank
• Utility Bids To Strong-Arm Coal Miner Into Ch. 11
• New Ballard Legal Team Targets Subprime Woes
• Deloitte Agrees To Pay Parmalat Bondholders
• New Century, GECC Ask For OK Of Ch. 11 Deal
• Pacific Lumber Asks To Sell Town School To District
• Ch. 11 Sought By "Green" Fuel Co. In The Red
• Examiner Calls For More Time To Probe New Century
• PBGC Balks At New York Racing's Latest Plan
• Prominent Bankruptcy Attorney Joins Sheppard Mullin
• Bankrupt Co.'s Insurer To Pay $42M For Toxic Mess
• Asarco Rebuffed In Appeal Over Pension Arbitration
• Marcal Asset Sale Would Shirk Obligations: Union
• Levitz Gets Go-Ahead To Use $47M In Cash Collateral
• Texas Counties Protest Delphi Chapter 11 Plan
• All American Creditors' Plan: Win Antitrust Suits
• FERC Approves $18M Settlement In Enron-PUD Case
• Creditor Daimler Dogs Northwest For $48M
• U.S. Trustee Chilly Toward Fedders Asset Sale Plan
• Enron Paper Risks Upsetting Credit Market: Broker
• Michigan Presses Delphi On Tax Issue
• Deutsche Bank To Get $34M In Calpine Bankruptcy
• Ill. Opposes Marcal's Bid For Tax-Free Sale
• Two HomeBanc CEOs Named In New Securities Suit
• American Home Mortgage Wins Contract Fight
• Law Firm Reaps $2M Fees In Bally Bankruptcy
• Appeals Court Upholds $16M Judgment Against Q-Ray
• Merrill Lynch Appeal Of ResMae Plan Stayed Again
• Global Home Ch. 11 Plan To Go Up For Vote
• Monitor Oil, Credit Suisse Push Back Against Holders
• DLA Piper Defends Delphi Dealings
• Trustee Fights Calls To Seal New Century Report
• Judge Nixes Credit Suisse's Bid To Boot Fraud Charges
• WorldCom Reaches Settlement To Avoid Appeal
• Jenner Raises Bankruptcy Profile With New Partner
• Bankruptcy Reform Plan Sounds Good, Won't Work
• Citi Objects To American Home Subservicing Deal
• Bayou Investors Livid At Creditors' Fee Bid
• Ex-Delphi Shareholders Secure $38M From Deloitte
• Pacific Lumber Gives In To Exclusivity Termination
• Mortgage Lenders Network Seeks Extension
• Road Map For The New Bankruptcy Landscape