Bankruptcy Archive » July, 2009

Bankruptcy - July, 2009

213 articles

• PBGC To Assume $153M Of Metaldyne Pension Plan
• WARN Suit V. Sun Belongs In District Court: 3rd Circ.
• Sentinel Trustee's BoNY Suit Lacks Standing: Judge
• Hayes Lemmerz Can Resume Dispute With Barnes
• Bankrupt Asyst Reaches Deals To Sell Off Assets
• EMC Security Deposits — Adequate Protection?
• Southwest Makes Competing Bid For Frontier Assets
• Sportsman's Warehouse Ch. 11 Plan Wins Court OK
• Wells Fargo Objects To GM's Bid To Dump Leases
• Lear Scores $500M DIP Loan Despite Competing Offer
• Sapa Must Divest Facility To Acquire Indalex: DOJ
• Creditor Objects To Lehman's $625M Aurora Deal
• Pliant Aims To Gain Creditors' Favor With New Plan
• Judge Approves Delphi Sale Plan
• American Home Bid To Revive Lehman Suit Fails
• Chemtura Creditors Take On Citibank Over Transfers
• GM Gets OK For Union Retiree Benefits Deal
• Objections Pile Up In Asarco Chapter 11 Plan Debate
• Lehman Took $41.5M In Collateral: Lending Agency
• McDermott Fires Back In Malpractice Suit Over Stocks
• PBGC Objects To Metaldyne Chassis Asset Sale
• Satellite Shutdown Shoots ProtoStar Into Ch. 11
• Asarco, Other Ch. 11s Spark Debate Over Cleanups
• SIPC Trustee Sues Ruth Madoff For $45M
• Settlement OK'd In Dispute Over WaMu Savings Plan
• Pliant's Senior Lenders Fight Vote On Apollo Plan
• Setting Precedent: Lessons From Chrysler
• Failed Debt Deal Forces Station Casinos Into Ch. 11
• Q&A With Choate Hall's Douglas Gooding
• SEC Sues 4 Over $197M Mortgage Lending Scheme
• WaMu Gets OK To Proceed With JPMorgan Probe
• Metaldyne Wins Switch Of Stalking Horse Bidder
• DIP Group Backs Delphi Sale To Lenders
• DBSD Disclosure Statement Wins Court Approval
• Auto Task Force Chief Defines Post-Bankruptcy Goals
• US Trustee Takes Issue With Asyst IP Hires
• Lender Pushes Ch. 7 For Steve & Barry's Owner
• Magellan Snags Flying J's Pipeline In $350M Deal
• Metaldyne Turns Sights To $78M Asset Sale To HHI
• Delphi Retirees Focus Pension Fight On PBGC Suit
• Hayes Lemmerz Seeks Court Input On Indenture Spat
• GGP, Spurned DIP Lenders Reach $2.75M Deal
• MagnaChip Creditors Balk At Proposed Asset Sale
• Ericsson Wins Nortel Wireless Assets For $1.1B
• Chemtura Seeks To Stall $2.8M CERCLA Suit
• Tronox Creditors Target JPMorgan Over Spinoff Debt
• Tips For A Well-Drafted Arbitration Clause
• CIT Group Puts Pressure On Bondholders
• Some Airlines May Be Headed Into Sunset: Experts
• General Growth's Extension Bid Raises Hackles
• Bid To Axe Phillips Nizer In GM Building Spat Denied
• Delphi Retirees Seek Answers From Auto Task Force
• Calif. Lawmakers Fight To Save Toyota-GM Plant
• Six Flags Asks Creditors To Take Stock In Ch. 11 Plan
• Dayton Ch. 11 Plan Aims For Long-Term Stability
• Q&A With Kirkland & Ellis' Richard Cieri
• Ritz Camera Wins Approval For Asset Sale To RCI
• Chrysler Judge Lifts Stay For Talks In 2 Appeals
• Obama Unveils Rules For Systemic Risk Regulation
• CIT Bond Advisers Back Prepackaged Bankruptcy
• Orrick Loses Sanctions Bid V. Whiteford, Energy Co.
• Suit Against McGuireWoods Stays In Kansas
• Dewey & LeBoeuf Flayed For Midway Director Fees
• BoNY, Creditors Oppose Lyondell DIP Changes
• Canon Balks At Ritz Camera Asset Sale To RCI
• Secured Lenders Blast Energy Partners Ch. 11 Plan
• A Case For Strategic Use Of Re-Examination
• Judge OK's $286M Eddie Bauer Sale To Golden Gate
• Creditors Claim Magna Heads Threw Co. Under Bus
• Age Bias Action Fails To Scale Tribune Ch. 11 Stay
• Camera Rolls For Beatty's Dick Tracy Deposition
• Young Broadcasting Asset Sale Gets Court's OK
• Q&A With Faegre & Benson's Michael Fisco
• Lyondell Creditors Get OK To Sue Over Basell Buyout
• Grupo Unit Appeals $1.4B Ruling In Asarco Case
• Locke Lord Denied As TXCO Ch. 11 Special Counsel
• Retirees Seek TRO In Delphi, PBGC Deal Over Plans
• Steve & Barry's Owner Protests Conversion Attempt
• DOI Balks At Pacific's Shedding Of Alaska Assets
• $3B Cash Injection May Not Keep CIT From Falling
• Frontier Rejection Of Teamsters Contract Overturned
• Fireman's Fund To Appeal Asarco Insurance Deal
• Q&A With Baker & Hostetler's Joe Hutchinson
• Delphi Creditors Vote Against Asset Sale
• Trustee Balks At Star Tribune Disclosure Statement
• MSG Unit Fights For $7.6M In WaMu Theater Spat
• Class Wins Cert. In Syntax Securities Fraud Action
• Battle Rages On Over Cleanup At Texas Equistar Plant
• Investors Say CIT Lied About Risks
• Nortel Taps Cleary Gottlieb For $475M Avaya Sale
• Trustee Objection Likely Won't Ground Frontier Plan
• Spansion Balks At Bid For Equity Holders Committee
• Creditors Oppose Pliant Bid To Block Apollo Plan
• SemGroup, Managers Reach Deal On Ch. 11 Plan
• New Century Tries To Rescue Nixed Liquidation Plan
• Creditors Seek Block On Lyondell Exec Payouts
• Insurer Risks In Light Of Chrysler, GM Bankruptcies
• US Shipping Deal With Blackstone, Cerberus OK'd
• Court Lets Chrysler Clarify Lemon Law Rules
• PBGC Takes Over Nortel's Underfunded Pension Plan
• Spansion Noteholders Frown At King & Spalding Hire
• $36M Trade Secrets Verdict Rushes Luna Into Ch. 11
• Delphi Workers, Retirees Sue Over Pension Threats
• Chrysler Can Seek Appeal Of $18M Judgment
• WCI Strikes Deal To Create Drywall Claimant Trust
• Charter's Unsecured Creditors OK Ch. 11 Plan
• Limiting Trustee Remedies In Lien Avoidance Actions
• House OKs Plan To Keep GM, Chrysler Dealers Open
• Golden Gate Capital Wins Eddie Bauer For $286M
• WL Homes Bondholders Object To Asset Sale
• Provident Creditors Seek Hearing In SEC Ponzi Suit
• JPMorgan, WaMu Forum Feud Escalates
• AbitibiBowater Seeks To Settle CAA Violation Claims
• Delphi Bondholders Object To Proposed Asset Sale
• Without Cash, CIT Teeters Toward Bankruptcy
• Accredited Settles Investor Securities Suit For $22M
• Trustee Balks At TXCO's Bid To Retain Locke Lord
• Insurers Object To LandSource Ch. 11 Plan
• Fleetwood Housing Assets Sale Set For $29M
• USW Sues Bankrupt Equistar Over Severance Benefits
• Fabrics Estate's Disclosure Statement Approved
• Nutritional Sourcing Disclosure Statement OK'd
• Nortel's Latin American Unit Joins Others In Ch. 11
• Anderson Kill Snags New Bankruptcy Head
• Hedge Funds' Bid To File Rival Lehman Plans Thwarted
• Provident Creditors Fight To Be Heard In Ponzi Suit
• Creditors Win Bid To End Fremont Plan Exclusivity
• LSI Fights Ch. 15 Stay Of ITC's Qimonda Probe
• Chinese Drywall Claimants Challenge WCI Ch. 11 Plan
• Sharper Image, Davis Polk Settle Legal Fees Dispute
• Tricom Disclosure Statement Gets Court Approval
• Flying J Asks Court To OK Merger, DIP Financing
• Frontier Sale Gets OK In $109M Republic Deal
• Auto Parts Maker Contech Converts To Ch. 7
• CBA Extends Quebecor Right To Change Policy: Court
• Toys R Us Looks To Protect IP In KB Toys Case
• Auto Slump Forces Supplier JL French Into Ch. 11
• Ford, GM, Creditors Blast $80M Visteon Bonuses
• Verizon Seeks Room For Patent Claims In Charter Plan
• Anadarko, Kerr-McGee Sued Over Tronox Spinoff
• Pliant Appeals Denial Of Exclusivity-Period Extension
• SEC Says Charter Plan Protects Chair From Liability
• Economy, Labor Troubles Push Bashas' Into Ch. 11
• Tube Maker RathGibson Files Prepackaged Ch. 11
• Deal Between GM, Delphi Gets Judge's Approval
• Bankruptcy Judge OKs CDX Affiliate's Ch. 11 Plan
• EPA Initiates Finance Rules For Hardrock Mining Cos.
• Woodside Group Gets Disclosure Statement Approved
• WCI Communities Faces Flak Over Latest Ch. 11 Plan
• Trustee Backs Coyotes Owner's Bid For NHL Docs
• Chrysler Wants Continued Stay Of $55M Appeal
• GM, Chrysler Highlight Growing 363 Sale Trend
• Kellwood May Head For Ch. 11: Report
• Calpine Creditor Fights Back In Contract Feud
• Milacron Creditors Step Up Challenge Of $175M Sale
• Apollo Files Rival Restructuring Plan For Pliant
• Q&A With Edwards Angell's Jeanne Darcey
• Q&A With Thompson & Knight's Rhett Campbell
• NHL Blasts Coyotes Discovery Bid As Stall Tactic
• Ritz Camera Landlords Object To Bidding Procedures
• Judge OKs Syntax-Brillian Liquidating Plan
• MagnaChip Creditors Blast Cash Collateral Plan
• WaMu Blasts JPMorgan 'Forum Shopping' Bid
• GM Expected To Announce Exit From Ch. 11
• Q&A With McKenna Long's John G. McJunkin
• Brobeck Plan, Ch. 7 Trustees Spar Over $4M Claim
• Judge OKs Bankrupt Gas Co.'s $29M Asset Sale
• Pepper Hamilton Beefs Up Bankruptcy Group
• Supplier Balks At Renew's Bid To Pay Severance
• Lehman Racks Up $263M In Professional Bills
• Lear Gains Access To Cash Collateral
• GM Salaried Retirees Lose Bid For Ch. 11 Committee
• Journal Register Ch. 11 Plan Wins Approval
• Quality Stores LBO Payouts Exempt From Suits: Court
• CCS Medical Files For Ch. 11 With Prearranged Plan
• Steve & Barry's Creditors Sue Actress Parker's Firm
• Court OKs Eddie Bauer Financing Deal
• Judge Denies Appeal, Stay Of GM Sale Order
• EEOC, Chemtura Race Bias Suit Tossed
• With Lenders' Nod, Lear Files Prepackaged Ch. 11
• HSBC Takes Aim At Bally's Disclosure Statement
• Fortunoff's Remaining IP Assets Sold For $2M
• Equistar Accused Of Passing Buck On Plant Cleanup
• PBGC Balks At Nutritional Sourcing Liquidation Plan
• Suits Against Philly Papers Halted In Ch. 11 Case
• FTC Blesses $650M Nortel Sale To Nokia Siemens
• GM Tort Claimants Push For Appeal Of Sale Order
• Mortgages Ltd. Trustee Slams Greenberg's Fee Bid
• Battle For Asarco Continues With 6th Amended Plan
• Superior Offshore CEO Asks To Sue AIG Over Bad Loan
• Hawaiian Telcom Denied More Time On Ch. 11 Plan
• GM's Asset Sale Accelerates Past Objections
• AASI Trust Sues MetLife Over Ex-CEO's Life Insurance
• Jones Day Scores Another Kirkland Bankruptcy Atty
• Contech Seeks Ch. 7 Conversion
• Hayes Lemmerz Pitches Plan To Give Lenders Control
• Seat Maker Lear Reveals Plan To Restructure Debt
• Discovery Over For Credit Suisse In Ponzi Case: Judge
• Court Allows Rival Plan In Pliant Bankruptcy
• Lehman Creditors Ask To Curb Probe Of Barclays Sale
• Ion Media Gets Green Light For $150M DIP Package
• US, Vt. Reach $26M+ Cleanup Deal With G-I Holdings
• WaMu, JPMorgan Still Fighting Discovery Battle
• $33M Midway Sale To Warner Bros. Gets Green Light
• Perfect Storm: Law Firm Insolvencies, Jewel V. Boxer
• Pacific Energy Wins Approval For Alaska Sale
• Car Seat Maker Lear Buckles Up For Prepack Ch. 11
• Trial Ordered Over JPMorgan Role In Enron Dispute
• Arent Fox Nabs Bankruptcy Pro For Growing LA Office
• Chrysler Seeks To Clarify Lemon Law Provision
• Coal Co. Objects To CDX Gas Disclosure Statement
• Accredited Home Sale To Vericrest Gets Judge's OK
• Transmeridian, United Energy Reach Ch. 11 Plan Deal