Bankruptcy Archive » October, 2009

Bankruptcy - October, 2009

242 articles

• Court Approves Examiner In Lyondell Ch. 11
• Hayes Lemmerz Reaches Deals With Unions, PBGC
• GPX Trustee Balks At Exec Bonuses
• Ch. 11-Bound CIT Group Strikes Deal with Icahn
• Sovereign Balks At Terms Of Taylor Bean DIP Funding
• Philly Papers' Ch. 11 Sparks 1st Amendment Battle
• American Home CFO Loses SEC Discovery Feud
• UK High Court Plugs Up Creditor Waterfall Clauses
• Lehman Asks To Restructure Real Estate Loan Terms
• Delphi Worker Protests Pension Loss Before Senate
• Visteon Seeks Approval For $150M DIP Package
• JPMorgan Blasts Stay Request In Freedom Ch. 11
• Judge Gives Nod To Bayou Disclosure Statement
• Ion Plan Supplement Fleshes Out Post-Ch. 11 Details
• Geithner Faces Down 'Too Big To Fail' Bill Critics
• Young Must Disclose Pension Liabilities: PBGC
• Homebuilder Violated Credit Agreement: JPMorgan
• Pacific Energy's Cook Inlet Sale Hits Speed Bumps
• House Panel Advances Credit Rating Bill
• Developer California Coastal Files For Ch. 11
• Insurers Found Liable In New Century Blast Fax Spat
• SIPC Has Pledged $534M To Madoff Victims: Trustee
• Adams & Reese Subpoena Quashed In Conflict Suit
• Judge Approves $75M In DIP Cash For FairPoint
• Guess Founder's Ex-Workers Put Him Up For Ch. 11
• Lyondell Gets Court OK To End Exec Benefits
• Students Reach $130M Deal With Pilot School Lender
• Muzak Ch. 11 Disclosure Statement Wins Approval
• Leaving Insurers On Hook Despite Cesser Clauses
• Equity Committee Pushes For New Tronox DIP Package
• Judge Refuses To Toss Le-Nature's Trustee Suit
• Blaming Chinese Tire Duties, GPX Files Ch. 11
• NHL To Get Bankrupt Coyotes' Assets For $140M
• PEI Seeks Halt Of Skadden Fees In Hartmarx Ch. 11
• Ex-Thelen Partners' New Firms Acquired Thelen: Suit
• DBSD Plan, Debt-For-Equity Swap Gets Green Light
• Key Deals In Hand, SemGroup Wins Plan Approval
• FairPoint Enters Ch. 11 After Striking Deal With Lenders
• Judge Lets Deutsche Bank Open Taylor Bean Books
• Product Liability Claimants' GM Sale Appeal Draws Fire
• 3rd Circ. Lets Hartford Off Hook In D&O Coverage Suit
• Sprint, Dish Object To Financing In DBSD Ch. 11 Plan
• Real Estate Collapse Sends Capmark To Ch. 11
• Finlay Noteholders Oppose Creditors' Discovery Bid
• SemGroup Judge OKs Deals As Ch. 11 Exit Nears
• ITC To Fight Spansion Stay Order
• Fleetwood Seeks To Fend Off Formaldehyde Claimants
• Ex-SemGroup Exec Settles SEC Insider Trading Suit
• Plaintiffs Seek To Limit Colonial Use Of $15M Policy
• Visteon Moves to Sell Nissan Parts Plants To Haru
• VeraSun Gets Final Approval For Liquidation Plan
• KB Toys Lead Suit Settlement With Calif. Gets OK
• California Bank Opposes Meruelo Bid To Hire DLA Piper
• LandAmerica Tries To Cast Off Insurance Action
• Metavante Loses Bid To Stay $6M Lehman Swap Ruling
• Davis Wright Settles Sunwest Ponzi Scheme Litigation
• Court Refuses Equity Committee In Spansion Ch. 11
• Long-Bankrupt Congoleum Renews Ch. 11 Proposal
• Linens 'N Things Noteholders Can't Block Gardere Fees
• Lyondell Creditors Want Broad Mandate For Examiner
• A Closer Look At ASM Capital V. Ames
• Court Orders Trump To Disclose Casino Investments
• NY, Tavern On The Green Spar Over Name Rights
• FDIC, Treasury Say Goodbye To 'Too Big To Fail'
• Pilgrim's Pride Ch. 11 Plan Heads To Stockholders
• 3rd Circ. Rejects Finova Group Equity Holders' Appeal
• AFG Loses Bid To Amend A&R Malpractice Suit
• Parties Bridle At Altering $24M Chrysler Settlement
• Loan-To-Own Deals Tricky, But Not Impossible: Attys
• Dow Can Fight Ruling On Payments By Trace Int'l
• Nortek Enters Ch. 11 With Plan To Chop $1.3B In Debt
• Bankrupt Satellite Co. Launches Outer Space Dispute
• AIG Faces More WL Home Product Liability Suits
• Trustee Wants More Info On Reader's Digest Funds
• Google Seeks Bilked Funds From Eddie Bauer Sale
• Tricom Set To Exit Ch. 11 After Plan Gets OK
• Merrill Cries Foul Over Fees In Fred Leighton Ch. 11
• Del. Diocese's Ch. 11 First-Day Motions Approved
• Linens Noteholders Clash With Gardere Over Budget
• Arent Fox Settles With Builders Over Defense Fees
• RH Donnelley Set To Solicit Votes On Ch. 11 Plan
• Bankruptcy Court Greenlights Union Arbitration Fight
• Asyst Gets Green Light To Probe Asset Sale
• BofA Rails Against Meruelo's Cash-Sharing
• Coyotes Sponsor Seeks Rule 2004 Probe In Ch. 11 Case
• Ion Creditors Want Cyrus Suit Out Of District Court
• Court To Divvy Up Disputed $2M Executive Risk Policy
• Samsung Appeals Stay Order In Spansion Ch. 11
• Bankrupt Developer Pens Deal With Redwood Capital
• Tropicana Recasts $200M Sale Of Atlantic City Casino
• Metaldyne Buyer Says BDC Appeal Of Sale Spurious
• Sprint To Appeal Nixed $1.9B Claim In DBSD Ch. 11
• Velocity Express Equity Holder Balks At ComVest Sale
• Pilgrim's Pride Could Get $1.65B In Financing
• Chrysler, GM: Courts Extend Law On Sales
• Trustee OKs $48M In Fees For Old Carco Ch. 11
• WaMu Plan Managers Seek Appeal In ERISA Action
• Lehman Europe Plans $90B Claim Against Other Units
• Creditors' Language Added To RH Donnelley Ch. 11 Plan
• Chrysler Dealers Lose Bid To Appeal To 2nd Circ.
• Trustee Objects To TMST Employee Incentive Plan
• Grupo Mexico's Bid For Asarco Hits Snag
• Lehman Brothers Sharpens SunCal Reorganization Plan
• Stallion Oilfield Files For Ch. 11 With Lender Support
• VeraSun Plan Doesn't Protect Grain Growers: Liberty
• Freedom Paper Carriers Appeal OK Of Cash Collateral
• Lehman Creditors Blast Brokerage Sale To Barclays
• Indalex Creditors Win Ch. 7 Conversion Bid
• Del. Diocese Seeks Ch. 11 Amid Sex Abuse Claims
• Chemtura Stockholders Want More Say In Ch. 11
• Calpine Rival Prevails In $9.7M Flying J Credit Sale
• Court Says Champerty Can't Curb Debt Buyers' Rights
• Nortel Gets Green Light To Sell Assets
• Ex-Worker Hits WL Homes With WARN Class Action
• How To Pull Off A Deal As A Stalking Horse Bidder
• Charter Says Ch. 11 Plan OK'd
• BofA To Take In 60% Of 6 Tarragon Property Sales
• Bills In Lehman Bankruptcy Cross $400M Mark
• Judge Grants Bankrupt Mall Group $57.5M In Bonuses
• Lyondell Creditors Join Bid To Nix $1B In Enviro Claims
• AHM Settles WARN Class Action For $6.5M
• Pacific Energy Finds Buyer For Alaska Assets
• Treasury Balks At $33M Fees In Old Carco Ch. 11
• K&L Gates Nabs Sonnenschein Bankruptcy Pro
• Feds Greenlight JBS' $800M Pilgrim's Pride Deal
• Dayton Superior Eyes Oct. 26 Ch. 11 Emergence
• Fendi Cries Foul Over $70M Filene's, DSW Deal
• Bankruptcy Litigation Swell Tugs On Corporate Budgets
• Magna Spurs Sale Of Pimlico Race Track
• Deal With Chairman Extends Charter's Time In Ch. 11
• Bankrupt Auto Supplier Seeks To Continue Volvo Suit
• Heller Settles With Former Employees For $19.7M
• Citicorp, Other Lenders Must Disgorge $403M To Tousa
• Lehman Seeks First Data Docs In Swap Agreement Spat
• Fremont Shareholder Pitches Competing Ch. 11 Plan
• Limited Financing Forces Creativity In Restructuring
• Philadelphia Newspapers Appeals Asset Sale Denial
• Farella Braun Nabs Howard Rice Bankruptcy Guru
• Calpine Aims For Flying J's $9.7M Emission Credits
• Bank Workers Fight WaMu Over Retirement Assets
• ChipMOS Can Foreclose On Bankrupt Spansion's Chips
• Understanding The Metavante Decision
• Circuit City, Insurers Reach Deal On Hurricane Claims
• Crusader Energy To Sell Texas Oil & Gas Assets
• Tribune's Cubs Sale OK'd In 2nd Bankruptcy Case
• LandAmerica Disclosure Statement Garners Court OK
• Freedom Made Shady JPMorgan Fees Deal: Creditors
• Homeowner Group Can Sue Developer After Stay Lifted
• Fremont Equity Holders Bash Bids For More Plan Info
• What Are Courts Doing With 'Negative Equity'?
• Fred Leighton Plan Settles Merrill, Family Claims
• Creditors' Plan Would Hand Young To Noteholders
• Cubs File For Ch. 11 As Part Of Sale to Ricketts
• Fremont Creditors Shun Tardy Disclosure Qualms
• BofA Appeals Approval Of Taylor Bean, FDIC Loan Deal
• PBGC Loses Bid For Access To Freedom Documents
• Lehman Gets Green Light To Present SunCal Plan
• Trustee Balks At Filene's Basement Deal
• Adams & Reese Loses Bid To Speed Hearing
• GM, Tengzhong Reach Deal On Sale Of Hummer Brand
• JPMorgan, Banks Settle Lender Claims For $100M
• Creditors Slam Freedom's $7M Bonus Bid
• Philly Papers Asset Sale To Local Interests Nixed
• Madoff Trustee Ratchets Up Claim Against Feeder Fund
• Examiner Appointed In Fontainebleau Case: Report
• Insurer Wants Evidence Barred In Firm's $75M Claim
• Sea Launch Creditors Challenge Boeing's Top Status
• 'Fulcrum' Deals Rising To Prominence, Experts Say
• Trump Casino Lender Appeals Exclusivity Ruling
• Renew Creditors, Bondholders Object To 'Rushed' Sale
• Six Flags Pens $3M Deal With New Orleans
• Atty Calls E-Filing In Bankruptcy Court Anti-Competitive
• Court OKs Sun-Times Asset Sale To Investor Group
• Rival Disclosure Statements Approved In Trump Ch. 11
• Golf Shaft Maker True Temper Files For Ch.11
• Visteon's Bid For $8.1M Top Officer Bonuses Rejected
• Edge Petroleum 1st-Day Motions Ready It For Sale
• $150M In Hand, Reader's Digest Set To Turn Page
• Chemtura To Get Its $9M Securities Settlement Back
• Stallion Oilfield Services Preps For Prepack Ch. 11
• Le-Nature's Trustee, BDO Spat Heads To Arbitration
• Deal In Hand, Wheel Maker Accuride Rolls Into Ch. 11
• JPMorgan Gets OK To Intervene In WaMu's FDIC Suit
• Thornburg Sues Former Execs To Recover Funds
• Equity Manager Pushes For 11th-Hour Sun-Times Bid
• EZ Lube Creditors Keep Probing Leveraged Buyout
• Hayes Lemmerz Creditors Try To Shred Ch. 11 Plan
• Judge Signs Off On Pliant, Apollo Ch. 11 Plan
• 1031 Tax Group's Ch. 11 Plan Gets Green Light
• Cynergy Lenders Balk At $21M Transfer To Harris
• Trustee Joins Calls For Lyondell Chapter 11 Examiner
• WilmerHale Withdraws From SEC Reserve Fraud Suit
• Delphi Exits Ch. 11 In Lenders' Hands
• Circuit City PTO Claims Get Priority Status: Court
• Judge Opens Door To Patent Suit Against Lear
• Ciena Pays $521M For Nortel Optical, Ethernet Assets
• Freedom Creditors Blast Houlihan Lokey Involvement
• Plastech Trustee Launches Dozens Of Payment Suits
• Madoff Judge Postpones Ruling On LA Investor
• Building Materials' Creditors Balk At New Disclosure
• Bankruptcy Partner Returns To Munger Tolles & Olson
• JPMorgan Escapes WaMu ERISA Action
• Trump, Noteholders Up Their Bids In Ch. 11 Pitches
• Bankruptcy Court Can't Hear Suit Against WaMu: JPMC
• AIG CDS, Lehman Fight Over Big-Dollar Swap Contract
• Trade Publisher Questex Falls Into Chapter 11
• WCI Asks Court To Block Drywall Class Action
• Wachovia, Wells Fargo Object To Woodside Plan
• Ciena May Be Latest Buyer In Nortel Asset Offload
• 2nd Circ. Won't Revive Wachovia RICO Case
• PwC Offers New Asset Return Plan For Lehman UK
• Creditors Get Little Recovery In Northeast's Plan
• Interlake Denied Injunction In Summit Contract Spat
• Insurers Fall Short in Congoleum Appeal
• PCA, Hartford Deal Sets $12M Aside For Tort Claims
• Patent Suit Ends After Lupin Acquires Antara Rights
• Greenberg Brings Back Bankruptcy Vet From Dewey
• Delhaize Makes $425M Bid For Bulk Of Bi-Lo's Assets
• Sea Launch, XM Settle Satellite Launch Contract Spat
• Allen & Overy Adds Counsel From Skadden, Sullivan
• $1.4M Deal Approved In Visteon Graphite Antitrust Suit
• Trustee Seeks $200M From Madoff Clan
• Samsung's ITC Case Against Spansion Stayed
• Weinstein Seeks Dorsey's Attorney Fee Info
• Q&A With Cadwalader's John Rapisardi
• Asbestos Claimants Blast GM Unit's Bid For Stay
• EC Blesses GM's Delphi Acquisition
• BDC Says It Got Short Shrift In Metaldyne Asset Sale
• Lyondell Hit With New Noteholder Suit Over Merger
• Edge Petroleum Ducks Into Ch. 11 For Quick Sale
• PE Firm Puts Up Rival Six Flags Ch. 11 Plan
• CIT Aims To Cut $5.7B In Debt, But Ch. 11 Still Looms
• Post-Petition Application Of UCC 2-609
• Water District Can't Remand MTBE Case: 2nd Circ.
• US Shipping Partners' Ch. 11 Plan Wins Judge's OK
• Madoff Trustee Says Charity Investor Was No Victim
• McKool Starts Up Houston Office, Bankruptcy Practice
• Calif.'s $130M WR Grace Asbestos Case Revived
• Judge Nixes $1.9B In Sprint Claims In DBSD Ch. 11
• Bankruptcy Judge Rejects Bid To Move NHL's Coyotes
• EPA Flays Lyondell Over Cleanup Obligations
• ProtoStar Ch. 11 Plan Looks To Auction Off Satellites