Bankruptcy Archive » August, 2011

Bankruptcy - August, 2011

218 articles

• Tavern On The Green To Sell Mark For Use Outside NYC
• Innkeepers, Cerberus Trial Over Dead $1B Deal Set For Oct.
• Madoff Trustee Trims Maxam Fraudulent Transfer Suit
• Lehman Wants Giants Stadium To Produce Goldman Docs
• Calif. Appeals Court Revives Claims Against Ex-Fremont GC
• Sun Sets On Gov't-Backed Solar Power Co.
• AmFin Creditor Says Ch. 11 Plan Is Too Opaque
• BNY Mellon Seeks Bondholders' Vote In Real Estate Ch. 11
• US Power Unit Wins Approval Of Final Liquidation Plan
• Trustee Objects To Yellow Pages Publisher's Ch. 11 Plan
• Bankrupt Drug Tester Can Avoid Inova Lien: 8th Circ.
• Boeing Rips Alabama Aircraft's Proposed Ch. 11 Sale
• Madoff Trustee Wants More Defendants In $59B Kohn Suit
• Rothstein Trustee Goes After Hedge Fund Heads For $40M
• Raser Technologies Wins Approval Of Ch. 11 Plan
• Lehman Disclosure Statement Wins Judge's Blessing
• 'Real Housewife' Ch. 11 Plan Seeks To Fund $7M Verdict
• Bankrupt Movie Investor Sues Ex-Atty For Sharing Info
• Deficient Amended Complaint — Denied
• Innkeepers Sue Cerberus, Chatham Over Dead $1B Deal
• Bancorp Blasts Releases In AmFin Ch. 11 Plan
• Bryan Cave Battles $100M Malpractice Suits
• Dreier Trustee Settles Ponzi Claims For $40M
• Bankruptcy Judge OKs $6M Circuit City Patent Sale
• Handful Of Borders Leases To Go To Books-A-Million
• Trial Over 'Yu-Gi-Oh!' Royalties Kicks Off
• Ex-Kaye Scholer Atty Says Indictment May Prejudice Jury
• Bankruptcy Claims Trading Orders: Who Is Watching?
• Private Equity Firm Offers $30M For Point Blank Assets
• Gas Partnership Trustee Hits Goldman With $10M Loan Suit
• Radio Host Sues Over Citadel Bankruptcy Filing
• US Trustee, Creditors Object To Raser Ch. 11 Plan
• Developer Wins OK To Pursue $600M Defamation Suit
• Presidio Tech Objects To Evergreen Stalking Horse Plan
• Fraud Suit Against Ex-SemGroup CEO Sent To State Court
• Weighing UK Pensions Regulator's Moral Hazard Powers
• Madoff Hits Banks, Funds With $45M Clawback Claims
• NY Court Backs Injunction In Midland Reinsurance Row
• 'Housewives' Star Wins Stay In Dispute Over Proceeds
• Madoff Trustee Seeks $20.6M From Delta Bank
• Ex-Lehman Execs Seek Coverage Of $90M Settlement
• Law Firms Want Coudert Claims Out Of Bankruptcy Court
• Tribune Settles Labor Dispute With Paper Hawkers
• Raser's Ch. 11 Plan Strips Creditors Of Rights: SEC
• Case Study: In Re Village At Camp Bowie
• Borders Consultant Can Charge Legal Expenses To Estate
• Ex-LandAmerica Workers Drop Suit Over Plan Management
• Dreier Trustee Settles With 2 Ponzi Victims For $26M
• CTS Fights US Trustee's Bid To Throw Out Ch. 11
• Deutsche Bank Launches New Suit Over $8B Tribune Buyout
• Nebraska Book Wins Approval Of Ch. 11 Statement
• Israeli Bank Strikes $58M Deal With Lehman
• Ener1 Hit With Class Suit Over Failed Car Investment
• DBSI Trustee Launches Attack On Hundreds Of Brokers
• Caribe Media Ch. 11 Plan Gives Lenders Control Of Co.
• JPMorgan Hits Developer With $13M Suit Over Project Loan
• Judge Keeps FDIC In $10B Suit Over WaMu Loans
• Alabama Aircraft Lines Up Ch. 11 Sale To Kaiser
• Auditors Dodge $200M Mirabilis Malpractice Suit
• Creditors Balk At Westin Owner's Ch. 11 Statement
• GM Ch. 11 Judge Backs Away From $450M Union Feud
• Chemtura Settles Coal Tar Pitch Claims For $4.7M
• Nortel Wins Approval Of $158M Sale To Genband
• Paul Hastings Lures Shearman Bankruptcy, Financing Pro
• Lehman Settles $4.5B Claim With London Objector
• FTC Shutters Bogus Texas Debt Reduction Co.
• Claims Purchasers Beware: Your Vote Might Not Count
• Ex-ShengdaTech CEO Blocking Fraud Probe, Suit Says
• Temple-Inland Crippled GFG Spinoff, Trustee Says
• KBW Shorted Clients' Shares, Hastened Failure: Suit
• Indianapolis Downs Blasts Ex-GM's Compensation Claims
• Taylor Bean Trustee Fires Off 200 Suits Over Transfers
• Lehman Trustee Hits RBS With $345M Contract Suit
• Dreier Clients Same As Ponzi Investors, 2nd Circ. Told
• GSC Employee Wants D&O Policy To Cover SEC Defense
• Perkins & Marie Delays Ch. 11 Deadline For Creditor Talks
• Sprint Fails To Nix Liens On TerreStar's FCC Licenses
• Inner City Media Hit With Involuntary Ch. 11 Petition
• Cerberus, Chatham Kill $1.1B Innkeepers' Hotel Deal
• Ex-Kaye Scholer Partner Rips False Oath Charge
• Whither Bankruptcy Court Jurisdiction After Stern?
• Tribune Settles Claims Over Workers' Benefits For $32M
• Activists Seek To File Amicus In Picard's JPMorgan Case
• Madoff Trustee, Mets Showdown Could Go Before Jury
• Capmark's Ch. 11 Plan Gets Green Light
• ShengdaTech Files For Ch. 11 Amid Securities Scandal
• Bankruptcy Appeals Panels Muddy Ch. 11 Landscape
• Yellow Pages Publisher Strikes $4M Deal With Bain & Co.
• Qimonda Settles GE Unit's Lease Claim For $15M
• Madoff Fund, Banks Fight Over $3.1B In Clawbacks
• Baker Botts Nets $123.4M For Asarco Bankruptcy
• A Debtor-Friendly View Of Safe Harbors
• Bingham Can't Strike Dodgers Owner's Malpractice Claims
• Ex-Chicago Sun-Times Parent Wins Ch. 11 Plan Approval
• WaMu Creditors Blast Investors' Bid To Tap Legal Whiz
• Madoff Feeder Fund Sues 5 Cos. To Recoup $18M
• Specialty Products Won't Give Up Asbestos Discovery Bid
• Cerberus Can't Blame Paul Hastings For $55M Loss: Atty
• Protecting The Ordinary Course Of Business Defense
• Enron Creditors, Lay's Widow Fight Insurer Over Fees
• IndyMac Insurers Fight Coverage For $355M Theft
• Madoff Trustee Amends $2B Complaint Against UBS
• Evergreen Solar Cleared To Use Lenders' Cash Collateral
• $5M WR Grace Asbestos Settlement Gets Final Nod
• Barzel Settles Superfund Bankruptcy Claim
• GM Says Bankruptcy Bars Impala Warranty Suit
• Lehman OK'd To Hire Commercial Loan Portfolio Manager
• Judge Approves Cadence Innovation Liquidation Plan
• Case Study: In Re Flamingo
• Icahn, Las Vegas Casino End Tropicana Trademark War
• NM Hospital Seeks Ch. 11 As Malpractice Suits Loom
• 5th Circ. Backs Payment Of Asarco Auction Costs
• Bankrupt Ethanol Co. Wins $230M In Getty Contract Fight
• Lehman Ch. 11 Statement Devoid Of Basic Info: Creditor
• Lender Slams Racino For 'Slow Playing' Ch. 11 Case
• Merchandiser Can't Compel Dodgers In Contract Decision
• Covington, Katz Get OK To Settle Heller Suits For $8.5M
• Debt Crisis: What's Happening In Europe?
• Madoff Investors Can't Collect Fake Profits: 2nd Circ.
• Thorp Reed Adds Bankruptcy Muscle With New Del. Office
• River Road Takes Blocked Asset Sale To High Court
• A&P, OfficeMax Strike Deal In Exec Poaching Suit
• Fifth Third Bank Seeks Sanctions In Ch. 11 Pizza Fight
• Bankrupt Paper Recycler Wins Cash Collateral Lifeline
• Texas Rangers Sue Ex-Owner Over Real Estate Deals
• Bondholders Back Evergreen Solar Ch. 11 Sale
• Philly Papers Settles Superfund Claim
• Ambac: An Investor's Lifeline
• Judge Hands $21.4M Loan To Bankrupt South Edge
• Colonial Execs, Investors Settle Fraud Suit For $10.5M
• Recycler Manistique Papers Folds Into Ch. 11
• Ala. County Pushes Toward Deal Over $3.2B Bond Debt
• WaMu Investors Can't Form Committee For $337M Claims
• 5th Circ. Says Trustee Can Pursue Hidden Ch. 7 Asset
• Miller Energy Overvalued Alaskan Oil Assets, Investor Says
• Anderson Slams Creditors' $75M Claims Against Insiders
• Lehman Ch. 11 Plan Faces Objections Over Lack Of Info
• Progressive Challenges Ponzi Bank's Settlement Claims
• 'Real Housewife' Creditor Says Ex Is Holding Up $7M Deal
• St. Vincent's $34M Sale Of Nursing Home OK'd
• Harry & David Wins OK Of Ch. 11 Plan After PBGC Deal
• Madoff Trustee Sues Abu Dhabi Wealth Fund For $300M
• When Tribal Gaming Goes Sour
• NexBank Escapes $7M Judgment In Orix Contract Suit
• Shearman & Sterling Ducks Suit Over Client's Lost Loan
• Havoco Loses Bid To Revive ICG Coal Contract Fight
• Nortel Settles ERISA MDL For $21.5M
• Taber Estes Adds Ciardi Bankruptcy Atty
• Ambac Gets More Time To Negotiate With Tax Creditors
• Ill. AG Calls For Ban On 'Napalm'-Like Fuel Gel
• Crystal Cathedral Creditors Seek To Force Sale
• Lehman Trustee Fights Citigroup's Bid To Nix $1.3B Suit
• Borders Wins OK To Auction Off Website, Trademarks
• Sbarro Ch. 11 Plan Would Slash Debt By 73%
• Noninsider Debt Claims Can Be Equity, 5th Circ. Says
• Deutsche Bank Ends Suit Over $8.5B Tribune Buyout
• Palm Harbor Plan Yields Up To 21% For Creditors
• Stay Lifted In H&R Block, Jackson Hewitt False Ad Row
• Lehman Brokerage Customers May Be Paid By Spring
• Borders Agrees To Change Lease Sale Bidding Process
• FDIC Says BofA Lacks Standing In $1.8B Taylor Bean Suit
• Bank Austria Wins Dismissal Of Some Madoff Claims
• Bankruptcy Court Jurisdiction — Cut To The Core
• Creditors Push For Harry & David Ch. 11 Deal
• SEC Scores Injunction Against Convicted Ex-Mayor
• Barclays Seeks Dismissal Of $500M Lehman Bonus Suit
• Ala. County Floats Truce To $3.2B Bond Standoff
• State Street, Lehman Reach Deal On Loan Repurchases
• Dodgers Get $150M DIP Loan From MLB
• JPMorgan, Lehman Spar Over Where $8.6B Case Belongs
• Judge Greenlights Jackson Hewitt Ch. 11 Plan
• McDermott Snags Kirkland Energy Transaction Pro
• DOJ Ends WaMu Probe With No Criminal Charges
• ConocoPhillips Sued Over Unpaid Oil Lease Revenues
• Business Bankruptcies Down 13 Percent Last Year
• Lehman Escapes Jury Trial In $200M Loan Repayment Suit
• 11th Circ. Denies Ex-Mayor's Bribery Conviction Appeal
• Challenging Secured Creditors' Liens In FCC Licenses
• Lyman Lumber To Sell Assets After Ch. 11 Filing
• Dodgers Seek Court Approval For $150M Loan From MLB
• Giordano's Owners Target Advisers In $128M Suit
• Judge Clears Dewey, Young Conaway As Dodgers' Counsel
• FDIC Endorses Washington Mutual's Ch. 11 Plan
• Catholic Order Settles Abuse Cases For $25M
• PSEG Units Can't Appeal Dynegy Restructuring Ruling
• Sheppard Mullin Sued Over Hedge Fund Failure
• Lehman Settles $20B In Claims With Asian Affiliate
• Ark. Attorney Cops To $47M Ponzi Scheme
• Property Group Needs Relief From Lehman Stay: 9th Circ.
• PPI Gets OK For Creditors To Vote On Ch. 11 Plan
• Lehman's European Arm Blasts Trustee's $9B Decision
• IBM Hit With Antitrust Suit Over Mainframe Resales
• Qimonda Strikes $35M Deal In WARN Act Suit
• Extended Stay Bankruptcy Trust Wants To Move LBO Suits
• WaMu Seeks OK For Pair Of Securities Settlements
• Meridian Mortgage Founder Cops To $100M Fraud
• ML Servicing's Greenberg Suit Sent Back To State Court
• Case Study: In Re Seda France
• Erstwhile Innkeepers Bidder Can't Reap Extra Fees
• Health Plan Cos. Take $2.4M Hit In Marketing Fraud Case
• Heller Slams CB Richard Over $3M Real Estate Claim
• Creditors Blast Anderson's Tolling Agreement Bid
• Financial Firms, PwC Fight Claims Over Colonial Fraud
• Deloitte Says Actrade Suit Imperils Class Settlement
• JPMorgan, UBS Try To Kill $21B Madoff Claims
• Trico Wins Confirmation Of Ch. 11 Liquidation Plan
• Appraisal Co. Slams FDIC Suit Over WMI Losses
• Cohmad Can't Shake Madoff Trustee's $245M Suit
• Pfizer Unit Wants $65M More For Asbestos Ch. 11
• Bundesbank Loses Bid For Control Of $4.1B Lehman Notes
• Westin Owner's Ch. 11 Plan Would Inject $30M In Hotels
• Fox Sports Fights Blackstone's Work On Dodgers TV Rights
• Barclays Ups Lehman Asset Appeal To $2.8B
• Raser Gets OK For Creditors To Vote On Ch. 11 Plan
• Manatt Insurance Group Snags Gilbert Founding Partner
• Union Debts Drive RI City Into Ch. 9 Bankruptcy
• PSEG Units Fight Dynegy's $2B Restructuring Deal
• Bankrupt Dutch Shipper Wants $1.2M To Stay Afloat