Bankruptcy Archive » June, 2009

Bankruptcy - June, 2009

234 articles

• Monaco Coach Steers Toward Ch. 7 After Judge's OK
• MSX, Chrysler Strike $9.7M Deal Over Outsourcing
• GM Execs Push Rapid Sale, Wind Down At Hearing
• Bankrupt KB Toys Seeks Permission To Sell Off IP
• Eddie Bauer $202M Asset Sale To CCMP Approved
• Accredited Home Tries To Block Conversion To Ch. 7
• Anchor Blue's Exec Bonus Plan Wins Approval
• Ion Defends DIP Proposal Against Creditors' Objection
• Deloitte Objects To BearingPoint Agreement
• Creditors' Standing To File Involuntary Petitions
• GM Agrees To Carry Car Liability Claims Post-Sale
• Concerns Raised Over Sale Of Pacific Energy Assets
• CORRECTED: Supreme Court Turns Down Ch. 11 Claim Priority Suit
• Firm's Fee Bid In Mortgages Ltd. Case Draws Fire
• Judge OKs Milacron Asset Sale To Lenders Group
• Nortel Allowed To Auction Wireless Business
• Anchor Blue Bonus Plan Is Bogus: US Trustee
• Unions Lose Appeal Of City's Ch. 9 Eligibility Ruling
• Trustee Gets Brooke Ch. 11 Converted To Ch. 7
• WaMu Wins Bid To Dig Into JPMorgan Books
• 42 States Join Forces Against GM Restructuring Plan
• Court Rules In Long-Running Trace Intl. Appeal
• DC Circ. Upholds Toss Of Pillsbury Malpractice Feud
• Sea Launch 1st-Day Motions Win Court Approval
• Hummer Denies Reports Of China Moving To Nix Sale
• Asarco Inc. Challenges $1.1B Enviro Settlement
• Creditors Sue Extended Stay Investor Over Ch. 11
• Spectrum Brands Ch. 11 Plan Wins Court Approval
• 9th Circ. Upholds Revival Of Claim In STNL Ch. 11
• Depositions To Begin In Beatty's Dick Tracy Suit
• Grupo Affiliate Ups Offer Again For Bankrupt Asarco
• New Plan Moves Tricom Closer To Reorganization
• GM Gets OK To Tap $33.3B In DIP Financing
• Creditors' Derivative Standing Bid Nixed In KB Case
• Mortgage Lenders' $2.7M WARN Pact Draws Objection
• Midway Games Challenged Over 'Mortal Kombat' IP
• Tropicana Atlantic City Casino Sale Gets Court OK
• Lear May Slide Into Ch. 11 Amid Car Industry Woes
• Chrysler Judge Lets $2.2M Airbag Case Move Ahead
• Treasury, EPA Lodge Protest Over Quebecor Plan
• Venable Nabs Restructuring Pro From Macquarie
• SemCrude Lenders Object To Disclosure Statement
• Milacron Will Ask To Close Asset Sale To Lenders
• Landlords Want Goody's Stub Rent Case In 3rd Circ.
• Asarco Cleared To Seek Legal Costs From Insurer
• Lehman Allowed To Investigate Barclays Sale
• Spectrum Brands Reaches Deal To Quell Plan Objection
• Insurance Deal Adds $6M To Quigley Asbestos Trust
• Delphi's Proposed Sale Plan Sparks Lenders' Ire
• Eastwind Maritime Drifts Into Ch. 7
• Metaldyne DIP Deal OK'd; Asset Sale Faces Objections
• Auction Plan For Coyotes Favors Opponents Of Move
• GM Creditors Fight Bid To Create Tort Committee
• Lyondell Asks Court To OK $5.2M Lubrizol Settlement
• Credit Crunch Forces Satellite Launch Co. Into Ch. 11
• Twin River Owners Offer Up Casino To Lenders
• Dissident GM Bondholders' Committee Bid Nixed
• Dutch Pension Fund Sues State St. For Lehman Freeze
• Frontier Proposes $110M Sale To Republic Airways
• Nokia Siemens Inks $650M Deal For Nortel Assets
• Landlord Fights Dreier Liquidator's Bid For Payday
• Monaco Coach Seeks Ch. 7 After Asset Sale
• Plaintiff Seeks To Move Chrysler Appeal Forward
• Conoco Blasts SemCrude Disclosure Statement
• Metromedia Steakhouses To Change Name Under Plan
• Skadden, Sharper Image Settle Dispute Over Fees
• Union-Run Pension Fund Balks At Quebecor Plan
• JPMorgan Aims To Liquidate Home Lender Accredited
• JPMorgan To Take On WaMu Savings Plan, Liabilities
• Bankrupt Telecom Co. Sues Paul Weiss For $140M
• Star Tribune Plan Promises Creditors Limited Payment
• $3M Sirva Deal Finalized In Fuel Surcharge MDL
• Bic Unit Snaps Up Norwood For $162.5M
• Following Asset Sale, Propex Looks To Wind Down
• Union Sues Pacific Energy For Alaska Oil Profits
• Swaps Play Growing Role In Restructurings
• GM Debtors Say One Creditors Committee Is Enough
• Q&A With Duane Morris' Rudolph J. Di Massa Jr.
• Court OKs Global Lehman Protocol
• Manville Bars Travelers Asbestos Suits: High Court
• Q&A With Morgan Lewis' Howard S. Beltzer
• Metromedia Says $188M Ruling Forced Ch. 11 Filing
• Superior Alleges Prices On Flights To Oil Rigs Fixed
• Alameda Creditors Attack Woodside Plan
• Weak Timber Industry Forces Fraser Into Ch. 15
• Chemtura Asks To Put Diacetyl Suits On Hold
• 3rd Circ. Clarifies Tax Claims In Harvard Ch. 11 Spat
• Morgan Lewis Nabs Bingham Group For Boston Office
• Hartford Slams Sportsman's Warehouse Ch. 11 Plan
• New Century's Liquidation Plan Nixed On Appeal
• Energy Partners To Start Push For Ch. 11 Plan Votes
• Lyondell Creditors Seek Suit Over Basell Merger
• Delphi Seeks Lenders' OK Of GM's $250M DIP Loan
• Bid For Equity Committee Nixed In Charter Ch. 11
• Insurer Loses Bid To Recover $10M From Bally
• LandSource Lenders Join Bid For Ch. 7 Conversion
• E&Y Won't Back Down In Lehman Subpoena Fight
• Eddie Bauer Pursues $202M Asset Sale To CCMP
• Chrysler Fights To Get D&O Liability Release OK'd
• Dechert Inks $1.4M Deal With Trustee Over Fees
• GGP, Creditors Defend Ch. 11 Cases Against MetLife
• Visteon Creditors Attack Collateral Deal With Ford
• Spectrum Brands Secures $242M Exit Financing
• Chrysler Creditors Move To Delay Liability Releases
• Building Materials Enters Ch. 11 In Push To Go Private
• High Court Seeks SG's Opinion In Ch. 13 Dispute
• Extended Stay Hotels Checks Into Ch. 11
• Anchor Blue Outlets Sale Gets Go-Ahead
• High Court To Hear Student Debt Discharge Challenge
• US Trustee Balks At Charter Ch. 11 Plan
• Insurance Watchdog Settles With Fremont For $37M
• Trustee Says Dechert Has Conflict As Crunch Counsel
• Property Tax Collectors Object To GM Financing
• 11th Circ. Upholds Sanctions Against Crowell Partner
• WCI Objects To Bid For Drywall Class Cert.
• Dozens Object To Lehman's Claim Cutoff Motion
• Bally Cuts Exit Deal To Reduce Debt By Over $660M
• Bidless EZ Lube Asks To Assume Property Leases
• Linens 'N Things Liquidation Plan OK'd
• Lenders Get Tropicana Casino In $200M Bargain
• Madoff Victim Challenges Trustee's Claim Valuation
• Falling Demand Sends MagnaChip Parent Into Ch. 11
• Creditors Beware: Choose Your Words Carefully!
• WCI Opposes Bid For Chinese Drywall Committee
• 8th Circ. Reverses Ruling On Sale Of Farmland Plant
• KB Toys Blasts Creditors' Derivative Claim
• GM Bondholders To Fight Restructuring Plan
• Asarco Strikes Deal Over Idaho Mine Cleanup
• Chemtura Negotiates Deal To Reduce Antitrust Fines
• Bankruptcy Judge Tells Delphi To Open Up Bidding
• GGP Malls Ignoring Cash Collateral Order: Lenders
• TI Denies Having Contract With Bankrupt Visteon
• Bankruptcy Expertise A Boon For Plaintiffs Firms
• Charter Objects To Certification Of Overtime Class
• Hayes Lemmerz Wants Unions To Cut Retiree Benefits
• PBGC Moves To Take Over Milacron Retirement Plan
• Las Vegas Developer Enters Ch. 11, Attacks Lenders
• Delphi Gets Initial OK For $250M In GM Financing
• Charter Shareholder Demands Equity Committee
• Trustee Calls Anchor Blue Outlet Sale 'Troubling'
• Bankruptcy Court OK's $30M Sun-Times, Hollinger Deal
• Tousa Creditors Say Directors Wrongly Piled On Debt
• Beatty Seeks Green Light For Dick Tracy Suit
• Fiat Closes Chrysler Deal After 42-Day Bankruptcy
• Former Lehman Clients Ask For $190M In ARS Suit
• Lyondell Debtor Settles With Insurers Closing Shop
• Lehman Examiner Calls Out E&Y Over Audit Subpoena
• Eddie Bauer Could File For Ch. 11: Report
• Crescent Files For Ch. 11 To Revamp Capital Structure
• Court Won't Expedite Hearing For GM Bondholders
• Bowater Closure Bid Spurs Union Worries Over CBAs
• US Bank Joins Fight Over Hayes Lemmerz DIP Deal
• WCI Communities Submits Ch. 11 Rebuilding Plan
• Sen. Seeks Pay For Rejected GM, Chrysler Dealers
• Banks Object To Tricom's Plan, Disclosure Statement
• Wayzata Appeals Foamex Sale To MatlinPatterson
• $10.3M Flying J, Contractor Settlement OK'd
• Axed Tribune Exec Wants Stay Lifted For Class Action
• DirecTV Loses Bid To Dismiss Charter Attack Ads Suit
• Travelers Loses Bid For $33M From Bankrupt Builder
• High Court Clears Way For $2B Chrysler Sale
• Spansion, Samsung Revive Flash Patent Fight
• GGP, Creditors Defend Malls' Place In Bankruptcy
• Daimler, Chrysler Pension Truce Wins Approval
• Supreme Court To Hear Bankruptcy Law Challenge
• 3 More Execs To Be Added To $362M SemGroup Suit
• JPMorgan Wins Defunct Bank's $17M In Stock
• Chrysler Sale Hits Roadblock In Supreme Court
• LandSource Creditors Push For Ch. 7 Conversion
• Lehman Secures $200M Mortgage Deal
• Trustee Objects To Releases For Chrysler Officers
• Value City Creditors Want Look At Ex-Owner's Books
• GGP Lenders Seek Examination Of 42 Malls
• Hayes Lemmerz Creditors Protest $100M DIP Deal
• Asbestos Claimants Fight To Be Heard In GM Case
• Chrysler Says Parts Supplier Holding Tools Hostage
• Doubts Raised Over Forever 21 In Gottschalks Ch. 11
• Asarco Gets Green Light On $1B Enviro Settlement
• Fiduciary Duties And Insolvency: Limiting Liability
• 2nd Circ. OKs Chrysler Sale With Window For Appeal
• Trustee Balks At Tronox Employee Incentive Plan
• GM Announces Plans To Sell Saturn To Penske
• AbitibiBowater Gets Final OK For $206M In DIP Cash
• US Trustee Objects To Aleris' Bid To Hire Deloitte
• Caraustar Gets OK To Pay Creditors, Borrow $25M
• Sen. Grills FINRA On Ex-Lehman Analyst's Claims
• Bancorp Agrees To Buy American Home Bank
• Asbestos Group Balks At Harbinger's Asarco Plan
• Pliant's Creditors Challenge Blanketing Lien Claims
• Noble Sues Pacific Energy Over $1.1M Oil Deal
• The Benefits Of Shutting Down A Corporation
• $70M Spansion, Samsung Patent Deal Rebuffed
• Creditors Protest White Energy's Collateral Plan
• $128M Lehman Pension Deal Gets Green Light
• Greenberg Traurig Probed Over Work For Heller
• Lehman Unit Sues Insurer Over $166M In CDS
• CORRECTED: Plaintiffs Want Stay Lifted For Chrysler's $55M Appeal
• Katten Lures Bankruptcy Partner From Morgan Lewis
• Penthouse Malpractice Claims V. Pachulski Revived
• Trustee Objects To PPI Holdings' Tax Adviser Pick
• Foley & Lardner Partner Heads To Commerce Dept.
• NBA, NFL, MLB To Weigh In On Coyotes Bankruptcy
• Saul Ewing Lures 7 Buchanan Ingersoll Attys
• Chemtura Sues Supplier Over Frozen Shipment
• Smurfit-Stone Sued Over Defunct $15M Property Deal
• PBGC Fights To Protect Filene's Pension Plan
• Ark. Town Seeks $29M Over Idle Pilgrim's Pride Plant
• Deutsche Loses Out On $47M From Genuity Ch. 11
• Teamsters Threaten Strike If Star Trib Nixes Pension
• GM's Salaried Retirees Seek Official Representation
• GM Scores $33B DIP Cash, Plus Buyer For Hummer
• Force Chrysler To Comply With Lemon Laws: Groups
• Pacific Energy Creditors Blast DIP 'Scheme'
• Skybus, Ex-Workers Move To Settle WARN Action
• $2B Chrysler Sale Spat Heads Straight To 2nd Circ.
• Americas Mining Ups Offer Amid Asarco Bidding War
• RH Donnelley Can Tap $300M In Cash: Judge
• GM Ch. 11 Judge Finds Himself In The Spotlight
• WaMu Shareholders Ask Again To Form Committee
• Insurer Objects To Grupo's Asarco Plan Disclosures
• GM, Chrysler Execs Defend Dealership Cuts
• Section 363 On Steroids
• Delphi Strikes Deals To Sell Assets, Exit Ch. 11
• Indiana Funds, Chrysler Battle Over Appeal
• Bank Of NY Appeals Lyondell DIP Order
• Section 363 Sales: Who Doesn't Like A Bargain?
• GM's Bankruptcy Lures Top-Tier Legal Talent
• MetLife Wants 10 General Growth Ch. 11 Cases Nixed
• Caraustar Enters Ch. 11 As $190M In Debt Looms
• Obama Takes Early Shots At GM Dissidents
• Transmeridian Centers Liquidation Plan On Ufex Sale
• Marathon Oil Sues Pacific Energy Over Drilling Costs
• Fremont $10M Settlement With Mass. Approved
• Lehman, Deutsche Bank CDS Transfer Terms OK'd