Bankruptcy Archive » October, 2008

Bankruptcy - October, 2008

189 articles

• Lehman Brothers Looks To Rehire 480 Employees
• Motor Coach Unveils Plan To Pay Secured Creditors
• Housing Slump Sends Jancor Cos. Into Ch. 11
• Whitehall: A Debtor Cannot Sell What It May Not Own
• Buffets Holdings Looks To Emerge From Ch. 11 In '09
• Twinkie Maker's Disclosure Statement Good To Go
• UBS Hit With €1.5M Fine In Parmalat Case
• Rival Bidders Stalk Lehman Asset Management Unit
• JPMorgan, FDIC Fight With WaMu Over Tax Breaks
• Obama Aims To Fine-Tune Bankruptcy Law
• Mervyn's Creditors Drop Objection To Fire Sales
• Jury Convicts Former National Century CEO Of Fraud
• Oneida, Solomon Meet To Mediate Claim Dispute
• Mervyn's Cops Flak Over Employee Bonus Plans
• Buffets Fee Letter To Remain Under Wraps — For Now
• Propex Files Ch. 11 Plan and Disclosure Statement
• ZAI Claimants Seek Class Status In WR Grace Case
• Pappas Can Sell Nev. Assets For $4M: Judge
• SemGroup Energy Subpoenaed Over Ch. 11 Case
• Bankrupt Value City Hit With WARN, ERISA Suit
• Securities Suit Drives Brooke Corp. To Ch. 11
• Luke Oil Pushes Judge To Rethink Stay In SemCrude
• Fremont Subprime Fraud Claims Insufficient: Judge
• Ala. Gov. Asks US To Help Nearly Bankrupt County
• Underwriter Not Owed $5M In Liability Ins.: Court
• Clear Channel Has Turned World Upside Down
• The Potential Impact Of Clear Channel
• Lehman Eyes $6M Land Deal And Extension
• Value City May Tap $40M DIP Loan
• Worldspace Wins Interim Approval For Financing
• Pierre Foods Ch. 11 Disclosure Gets Court OK
• Levitz Bankruptcy Converted To Ch. 7
• Gibson Dunn Snags 3 Partners From Kramer Levin
• Marcal Paper Files 3rd Amended Ch. 11 Plan
• Bombay Ch.11 Professionals Seek $7M In Final Fees
• Tropicana Entertainment Ch. 11 Fees Top $1M In Sept.
• Banks Refuse To Fund Hexion-Huntsman Deal
• Levene Neale To Pay $2.5M In Malpractice Case
• Facing Cash Crunch, GM Lobbies US For $10B
• Blanket Stay Denied In Ex-Bear Managers' Civil Suit
• Empire Land Creditors Blast Pachulski Fees
• White & Case Seeks $2M For Month Of WCI Work
• Fred Leighton Jewelry Battle Turns Familial
• Discount Retailer Scurries Into Bankruptcy Court
• Calif. Cities Ask For Bailout Of Troubled Assets
• Limitations On The Doctrine Of Judicial Estoppel
• Treasury Funds 'Going Out The Door' To First 9 Banks
• 8 Thacher Lawyers Defect To Greenberg Traurig
• Automakers Fear Cash Drought Sooner Than Later
• Lehman Creditors Committee Enlists Help
• PNC Uses Treasury Plan In $5.6B National City Buy
• Fed Says AIG Owes US $90B
• Two More Cos. Sue Lehman Seeking Assets
• PBGC Loses Billions On Bad Investments
• Greatwide Gets $73M In DIP From 1st-Lien Lenders
• Twinkie Maker's Investment Plan Gets The Nod
• Motor Coach Seeks To Shelve Rita Injury Litigation
• GM Eyes More Staff Cuts
• Lehman Professional Fees Could Total $1.4B: Expert
• HSBC Objects To Boscov's Sale Of Credit Card Deal
• Ponderosa, Bonanza Latest Chains To File For Ch. 11
• Delta Financial Disclosure Statement Gets Judge's OK
• Rosetta Resources To Pay Calpine $97M
• Chief Restructuring Officers And The Bankruptcy Code
• Akin Seeks $700K For First Weeks Of WCI Bankruptcy
• Analysts, Firms Subpoenaed In Lehman Probes
• Non-Statutory Insider Status: Closeness Not Enough
• Atalaya Capital To Purchase Bennigan's Franchising
• Goody's Emerges From Ch. 11 With $175M Plan Loan
• Grassley Probes SEC, JPMorgan Contact In Bear Deal
• ING, Lehman Bros. Wrestle Over $145M Loan
• Disney Seeks Examiner To Probe Lehman's Transfers
• Solar Panel Maker Sues Lehman, Barclays
• FDIC May Yet File Claims Against Washington Mutual
• Summit Global Trustee Seeks Ch. 7 Conversion
• As Mandated, FDIC Takes Center Stage Amid Crisis
• Sens. Ask If Banks Are 'Hoarding' Bailout Billions
• Firms Seek Nearly $5M In Fedders Bankruptcy
• Global Satellite Radio Co. Falls Into Ch. 11
• Lehman's $3.4B Property Fund To Seek New Sponsor
• Linens 'N Things Canada Files For Bankruptcy
• Skinner Ch 11. Case Still OK To Proceed: 3rd Circ.
• WR Grace Disclosure Statement Draws Objections
• Citigroup Wins $364M Verdict Against Parmalat
• Motor Coach Scores Approval For $311M DIP Loan
• AIG Halts Lobbying Against Mortgage Reforms
• AIG Works With NY AG To Recover Bonuses
• Leiner Health Gets Confirmation For Ch. 11 Exit
• Dried-Up DIP Financing To Intensify Ch. 11 Sell-Offs
• Weil Looks To Cross NYRA Finish Line With $6.5M
• Mervyn's Set To Liquidate, Close Remaining Stores
• Enron Creditors To Receive $27M
• Simpson Thatcher Payday For Bailout Work: $300K
• 2nd Circ. Revives Houlihan Lokey's $16M Fee Bid
• Panda, Calpine Settle $200M Contract Dispute
• Lehman Brothers Targeted In Three Grand Jury Probes
• US Launches Wide-Ranging Probe Of WaMu
• Reliant Energy Channelview Plan Headed For Vote
• Archway Hit With WARN Act Class Action
• Jurors Reveal Prejudices On Housing Crisis In Survey
• WaMu Trustee Names Creditors Committee
• Patient Care Ombudsman And Health Care Bankruptcy
• Sharper Image Brand Lives On With $540M Pact
• Business Financial Seeks OK For $17M Settlement
• SemGroup Looks To Sell Off UK Facility
• Heller Closeout Guru Heading For Jones Day
• Judge Confirms Portola Packaging's Ch. 11 Plan
• Lehman Seeks To Stanch Loss By Restricting Trades
• Sterlite Angles To Buy Asarco On The Cheap
• Davis Polk, Wachtell Rebuff Treasury's Advances
• Barclays Files Plan In LandSource Ch. 11
• Free And Clear Asset Sales Through Section 363
• Ala. County Decides Against Bankruptcy Filing
• Fremont General In War Over Exclusivity Extension
• Automakers Hope To Accelerate Bailout
• NJ Meadowlands Commission Cheated Cherokee: Suit
• Tousa Files Stand-Alone Ch. 11 Exit Plan
• Wells Fargo Fights To Stave Off Citigroup Damages
• No Takers For Linens 'N Things
• Calif.'s $130M Asbestos Suit Against WR Grace Nixed
• Circuit City Heading For Ch. 11 In '09: Analyst
• Appeal Over Nellson's Mgmt. Incentive Plan To Go On
• LID Disclosure Statement Wins Court Approval
• Bill Tops $2.5M In Fortunoff Ch. 11
• Lawyers' Role In Bailout Becoming Clearer
• Tangled In $3B Fraud Suit, Petters Files For Ch. 11
• Judge Orders Olevia To Finish Syntax-Brillian Deal
• Court Clears Way For Linens 'N Things Sale
• Frontier Union Votes Against Wage Concessions
• WaMu's List Of Unsecured Creditors Grows Longer
• Truck Transporter On Road To Ch. 11 Emergence
• Wells Fargo Wins Wachovia, But Legal Woes Continue
• Lehman Credit Default Payout Could Set Record
• Bankrupt Jeweler Ordered To Cough Up Information
• GM, Ford May Not Be Able To Avoid Bankruptcy
• Wachovia Slams Levitt & Sons' Exclusivity Bid
• Board's Actions Critical For Cos. In Zone Of Insolvency
• AIG Reaches $70B Mark In Federal Reserve Loan
• Chicago Hospital Seeks Buyer Due To Credit Crisis
• Bailout's Executive Pay Curbs Still Raise Questions
• Lehman Sheds Another Asset
• White House Says Govt. May Buy Into Private Banks
• How To Cut Risk Of Dealing With A Defaulting Lender
• Archway Cookies Crumbles Into Bankruptcy
• Lehman Seeks To Pay Weil Up To $950 Per Hour
• Schulte Roth Seeks $1.5M In Fees For Quigley Ch. 11
• The Show Business Of Litigation
• Citi, Wells Fargo OK Another Wachovia Cease-Fire
• Judge Confirms Goody's Reorganization Plan
• Linens 'N Things Prepares For Fire Sale
• Judge To Review Nixed Delphi Fraud Claim
• Pickens Sues Lehman For $59.9M
• AtheroGenics Converts Ch. 7 Bankruptcy Into Ch. 11
• Citigroup, Wells Fargo Agree To Cease-Fire
• Mexican Paper Giant Folds Under Economic Stress
• Court Rejects Negligence Suit Against Fried Frank
• Ex-Workers Sue Auto Dealer Under WARN Act
• Crisis A Boon For Distressed Debt Buyers: Survey
• Lehman Cuts Off Severance For Ex-Employees
• Law Firm's Patent Lien Suit Goes To Mass. High Court
• Treasury Dept. Lays Groundwork For Bailout Plan
• Comfort Co. Files For Ch. 11, Citing Subprime Woes
• Appeal Lodged In Pillsbury Winthrop Malpractice Feud
• Short And Sweet Ch. 11 Stint For Mrs. Fields
• House Oversight Committee Grills Lehman CEO
• BofA Tackles Countrywide Cases With $8.4B Plan
• More Cos. Restructuring Out Of Court: Experts
• Heller Employees Won't Get Vacation Pay: Report
• Merrill, Fred Leighton Spar Over Jewels
• As Court Clears WaMu's Motions, $5B Question Looms
• The Credit Crunch: International Regulatory Response
• Judge Bars Wells Fargo Takeover Of Wachovia
• Capital One Settles U.S. Trustee Suit Over Bad Claims
• Pace of AIG's Borrowing Shocks Experts
• Lehman Creditors Question JPMorgan's Role
• Dispute Heats Up Over Frontier's Union Contracts
• Lehman Moves To Sell Off Energy Co. For $230M
• Senator's 'Bankrupt' Comment Spooks Insurers
• Creditors Fret As WaMu Evaluates Its Total Assets
• Ryanair Demands EC Investigation Of Alitalia Bailout
• Asbestos Claimants' Appeal Of Dana Plan Nixed
• Tropicana Seeks To Regain Control Of NJ Casino
• Mark-To-Market Shift Could Raise Lehman's Value
• Asarco Pushes For Discovery In Bid For EPA Records
• Bank Wants Funds From $18.5M Lehman Account
• Federal-Mogul Judge Sticks With 'Plan B' Payout
• Bailout Still In Doubt As Spotlight Shifts To House
• Facing Losses, Farmer Mac Raises Capital
• 3 Years Later, Bankruptcy Reform Questioned