Bankruptcy Archive » October, 2011

Bankruptcy - October, 2011

224 articles

• Both Ch. 11 Plans Nixed, Tribune Threatened With Trustee
• Wells Fargo Sticks Up For $70M Friendly's DIP Loan
• Too-Big-To-Fail Banks Not Too Big For A Living Will
• MF Global Comes Out Swinging At 1st Bankruptcy Hearing
• Beacon Power Enters Ch. 11 Dragging DOE-Backed Loan
• Bankruptcy Protections Cover Qimonda's US Patents
• Sbarro Gets OK To Assume Retail Leases, Saving $4M
• Takefuji Gets OK For Plan To Repay 20% Of $20B Debt
• Wayzata To Take Reins Of Perkins, Callender's After Ch. 11
• Honigman Helms BlackEagle's $23M Deal For Lumber Co.
• Madoff Feeder Seeks $919M From Investment Manager
• PPI Gets Go-Ahead For Reorganization
• Locke Lord Settles For $1.3M In Morgan & Finnegan Suit
• Oil Co. Investors Ask High Court To Chuck Ch. 11 Ruling
• Judge Knocks Attys' Forecast For $3B GM Claims Hearing
• 'Real Housewife' Pumped Up Assets In Ch. 11 Plan: Film Co.
• Arbitrator, Counselor Named In Wilmington Diocese Ch. 11
• Ambac, Other Private Cos. Slam Harrisburg Ch. 9 Bid
• Sun Capital's $36.6M Bid For Body Armor Co.'s Assets OK'd
• Baker Donelson Brings On Heller Draper Bankruptcy Pro
• Struggling Saab Sold To Chinese Cos. For $142M
• RE Manager Fights Liability In Jameson Inn Bankruptcies
• 4Kids, Lehman Reach Deal In $36M ARS Dispute
• Developer South Edge Gets Green Light For Ch. 11 Plan
• Rothstein Trustee Sues Firm's GC For $38M
• 'Real Housewife' Submits Amended Ch. 11 Plan
• SEC, Investor Flak Drives Nine MBS Hedge Funds To Ch. 11
• Lehman Receives $224M Payout In Innkeepers Deal
• Harrisburg Mayor Looks To Pay Prepetition Claims
• Grappling With Preservation Of Claims Post-Confirmation
• Lehman, Danske Bank End $1B Claims Feud Over Loans
• Former Le-Nature's Consultant Gets 10 Years For Fraud
• Iconix Grabs Sharper Image From PE Duo For $66M
• Madoff Trustee Targets HSBC Unit In $86M Clawback Suit
• Insurer Fights Lyondell D&O Coverage In Buyout Suit
• Insurers, Others Fight Rothstein Ch. 11 Consolidation
• JPMorgan Slammed Over Use Of $700M Lehman Collateral
• Broadstripe Creditor Gets OK To Vote On Ch. 11 Plan
• Bankrupt Ministry Taps University For $50M Cathedral Buy
• Contractor For 9/11 Lighting Tribute Seeks Ch. 11
• No Receiver For National Lampoon In Suit Over $9M Fraud
• Brooke Clawback Suit Remains In Bankruptcy Court
• Covanta Energy Says Pa. Capital Can't Seek Bankruptcy
• Lehman Plan Gets OK From Creditors With $160B In Claims
• 2nd Jameson Inns Unit With Colony Debt Seeks Ch. 11
• Convicted Le-Nature's CEO Ordered To Repay $661M
• Lyondell Directors Fire Back At Stock Option Clawback
• AmFin Financial Wins Approval Of Ch. 11 Plan
• Ambac, IRS In Talks To Resolve $807M Tax Claims
• Anderson Creditors Win Bid To Sue Affiliates
• Former Bankruptcy Judge Joins Morgan Lewis In NY
• FDIC Seeks $127M From Mutual Bank's Ex-Directors
• Colony Asks Judge To Nix Jameson Inns Unit's Ch. 11
• Body Armor Co. Settles Defective Vest Claims For $1M
• 3rd Circ. Puts Away Garment Industry Antitrust Suit
• MLB Told To Give Docs To Dodgers Before Key Hearing
• A&P Gets OK For $1.3B Personal Injury Claims Process
• Tribune Investors Want Deutsche Clawback Suit Tossed
• Another Blow To Triangular Setoff In Bankruptcy
• Real Estate Fraudster Cops To Conspiracy In $70M Deal
• Capmark Sues Goldman For $147M In Preference Claims
• JPMorgan Wants Parts Of $6B Lehman Claim Fight Hidden
• Dodgers' Unsecured Creditors Join Rally Against TV Deal
• Lehman Ends Loan Spat With Developer SunCal
• Mets Owners Fight Madoff Trustee's Clawback Cap Appeal
• Dykstra, Feds Want Fraud Trial Pushed To March
• Evergreen Asks Judge To Allow Stalking Horse Bid
• Resort Group's Ch. 11 Deal With MetLife Stirs Dissent
• Power Co-Op SME Enters Ch. 11 Amid Cash Crisis
• Former Giordano's Owner Objects To Liquidation Plan
• Can A Privacy Policy Hinder Liquidation Of Assets?
• Marco Polo Survives Lenders' Bid To Sink Ch. 11 Case
• FTN, Sentinel Trustee Settle Bribery Case For $38.5M
• Old Chrysler Liquidators Reach Deal Over Wis. Plant
• Bankrupt Casino Rips Committee Adviser's $1.5M Fee
• Report Raises American Airlines Ch. 11 Fears
• Trump Lines Up $170M Deal For Bankrupt Miami Resort
• Judge Approves Innkeepers' $1B Deal With Cerberus
• Picard Slams Madoff Son's Appeal Bid In $198M Suit
• Case Study: Whittle Development V. Branch Banking
• Administrator Tries To Scuttle Saab's Swedish Insolvency
• TD Bank Gets RICO Claims Dumped In Rothstein Fraud Suit
• Giordano's Gets $26M Stalking Horse Bid For Restaurants
• $45M In Tax Refunds Belong To BankUnited: Judge
• Ex-Brooke CEO Suit Stays In Bankruptcy Court For Now
• Sprint's $110M Payback Claim Flawed: DBSD
• Vitro Bondholders Deny Breaking Confidentiality Pacts
• Jameson Inn Unit With Colony Debt Checks Into Ch. 11
• Le-Nature's CEO Gets 20 Years For $668M Fraud
• Poultry Producer Cagle's Slips Into Ch. 11
• 2 Madoff Clawback Suits Head To District Court
• North Street Puts Up $70M To Keep Saab Parent Afloat
• What To Do When Your Borrower Files Bankruptcy
• Pa. Gov. Authorizes Takeover Of Strapped State Capital
• Lehman Takes Aim At BNY Mellon Over Derivatives Deal
• Dodgers Score Protective Discovery Order In Ch. 11
• Judge OKs Lehman, BofA's $4.5B Claims Reduction Deal
• Rothstein Trustee Seeks $10M From Jeweler
• Chef Solutions Cleared To Sell Assets At Auction
• Hussey Copper Auction Plan Greenlit After Surprise Bid
• Broke Anderson Wants 2nd Circ. To Revive Antitrust Suit
• Bankruptcy Judge OKs $32M Deal In Tribune's ERISA Suit
• Innkeepers, Cerberus Reach $1B Deal Over 64 Hotels
• Case Study: In Re Marcal Paper Mills
• Film Co. Wants Ch. 7 For 'Real Housewives' Star
• Ex-Thelen Partners Object To Ch. 7 Trustee's $5M Deals
• Dodgers Balk At Season Ticket Holders' Committee Bid
• Judge OKs Marco Polo Deal To Wipe Away $48M Claim
• Fry's Electronics Seeks $65M From Ex-VP Over Kickbacks
• WR Grace Seeks Merger Of 60 Bankrupt Units
• Blavatnik Balks At Lyondell Trustee's $300M Claim
• Pa. Senate Moves Toward State Takeover Of Capital City
• FTC Clears $265M Bid For Bankrupt Dallas Stars
• Ex-Le-Nature's CEO Deserves 20 Years For Fraud: US
• Floundering Graceway Wins OK For Asset Auction
• Judge Opts For Solyndra Restructuring Officer, Not Trustee
• $4.5B Nortel IP Deal Still Under DOJ Review: Microsoft Exec
• JPMorgan Ousts Squire Sanders In South Edge Bankruptcy
• Law Firm Accused Of Misrepresenting Ch. 7 Fees
• Security National Real Estate Loan Units Enter Ch. 11
• Spanish Peaks Resort To Be Sold In Bankruptcy
• McCourts Make Deal As Dodgers Bankruptcy Clash Looms
• Brown Rudnick Snags DLA Piper Bankruptcy Chair
• Ex-Le-Nature's CEO Argues For Lenient Fraud Sentence
• Madoff Investors Seek Status To Access Victim Funds
• Fed Adopts 'Living Wills' Rule For Riskiest Cos.
• Case Study: In Re Zais Investment Grade
• House Committee Releases DOE Solyndra Loan Memo
• Ex-Empire Land CEO Wants Paul Hastings Off Ch. 7 Case
• FDIC's $48M Imperial Claim To Stay In Bankruptcy Court
• Madoff Feeder Fund Sues Citi Unit, Others For $143M
• Madoff Trustee Wants $5.2M From Jewish Charity
• Creditors Seek To Pursue Anderson Affiliates For $70M
• Bankrupt Glassmaker Attacks $99M Bondholder Demand
• Harrisburg Mayor, Pa. Blast Ch. 9 Petition
• Case Study: Picard V. Katz
• Judge Approves $120M In Old GM Ch. 11 Legal Fees
• Chemical Co. Can't Raise Retiree Premiums: 5th Circ.
• Ambac Says $800M Tax Row Threatens Reorganization
• The Enforceability Of Capital Commitments
• Resort Founder Loses Bid To Sue Credit Suisse, New Owner
• PBGC Vows To Fight For Friendly's Pension Plan
• Judge Will Hear Ex-Le-Nature's CEO's Bid To Cut Damages
• Judge Halts Cayman Lawsuit Against Madoff Trustee
• Hussey Copper Bankruptcy Deal Chills Competition: Bidder
• Wham-O Reaches Deal With Heller Ehrman Over Unpaid Fees
• Solyndra Blasts Efforts To Appoint Ch. 11 Trustee
• Squire Sanders Wants Ruling On Meritage Representation
• Radio Station Operator Wins Ch. 11 Conversion
• Essex Equity Fights Lehman Bid To Release D&O Insurers
• Dodgers Deny McCourt Is Subject Of Gov't Probe
• Frost Brown Adds Bankruptcy Partner From Taft Stettinius
• TerreStar Gets Go-Ahead For $98M Deal With Lenders
• Restructuring To Outstrip Bankruptcy In '12, GCs Predict
• Case Study: In Re Lemington Home For The Aged
• $310M Incinerator Debt Drives Pa. Capital Into Ch. 9
• Creditors Scuffle Over Discovery Bid In Anderson Ch. 11
• Innkeepers Trial Over Nixed $1B Deal Delayed Again
• Madoff Trustee Decries Limit On Recovering False Profits
• Resort Group Reaches Bankruptcy Truce With MetLife
• Broadband Co. Can Borrow $4M To Fund Ch. 11 Sale: Judge
• Garlock Can't Access Past Asbestos Bankruptcies: Judge
• Proskauer Nabs McDermott Bankruptcy Pro
• Manufacturer Tries To Halt Solyndra Sale Over $13M Deal
• MLB, Dodgers Trade Blows In Fight Over Team Control
• Innkeepers, Cerberus Talks Stall Trial Over Dead $1B Deal
• Diamond McCarthy Atty Tapped To Lead Howrey Ch. 11
• NJ Judge Tapped For WaMu Ch. 11 Mediation
• Learning From Recent Insider Preference Cases
• Yellowstone Trustee Loses Bid To Raise $40M Judgment
• South Edge Closes In On Ch. 11 As Investors Settle
• Envelope Maker Still Seeking To Put Own Stamp On Ch. 11
• Insurer Can't Dodge Damages In Moldy RV Suit: 1st Circ.
• Judge Rejects $4M Flat Fee For Evergreen Adviser
• Gores' $30M Bid Leads Point Blank Ch. 11 Sale
• In Solyndra Fallout, House Republicans Seek DOE Loan Docs
• Lothian Bankruptcy Deal Survives Shareholder Challenge
• Attracting Private Investment In EU Bank Recapitalization
• Attorneys At Work: A Flexible Notion Of Plagiarism
• Madoff Trustee Wants $47M From ABN Amro, Nomura
• Goldman Unit Sued For Nixing $385M Lehman Property Deal
• Innkeepers Creditors To Join Trial Over $1B Hotel Deal
• DOE Loan Official Resigns After Solyndra Collapse
• Bankrupt Friendly's Owner Gets Green Light For $50M Loan
• Bankrupt Chicken Processor Townsends Jumps To Ch. 7
• Rural Internet Co. Enters Ch. 11 After Bandwidth Drought
• Nonprofit Contractor Can't Reverse USDA Suspension
• Madoff Feeders' Ch. 11 Plans Cleared For Creditor Vote
• Troubled Power Plants Face Uncertain Future
• Insurer Must Pay Bankrupt Manufacturer's Asbestos Claims
• Judge Nixes WaMu Bid To Limit Mediation On Ch. 11 Plan
• $65.4M Ruling In IPO Suit Sends CDC Corp. To Ch. 11
• Judge Won't Review Specialty Products Discovery Denial
• Bankrupt Chef Solutions Gets Go-Ahead To Borrow $9M
• Banks In $59B Madoff Suit Push To Kill Racketeering Claims
• New Claims Can't Save Lehman ERISA Suit: Judge
• GSC Trustee Files Amended Ch. 11 Plan After $235M Sale
• B&N Opt-Out Notice Borders On Opaque: Privacy Official
• Dodgers Not Likely To Probe MLB Teams' Dealings: Judge
• Akin Gump Grabs Haynes and Boone Pro For Texas Office
• 8th Circ. OKs Forced Ch. 7 For Filing-Happy Oil Co.
• SNR Denton Welcomes Bankruptcy Partner From Dickstein
• Bond Insurer Ambac's Ch. 11 Plan Moves Forward
• Unfriendly Economy Drives Friendly's Owner Into Ch. 11
• Madoff Victims To Get $312M In First Recovery Checks
• Landry's Unit Takes On Eva Longoria's Steakhouse For $1M
• WaMu Pushes For Quick Approval Of Latest Ch. 11 Plan
• Mortgage Exec Presses SC High Court For Acquittal
• Ex-Motown Head Says He Kept Copyrights After Asset Sale
• Insurer Denied Fast Win In Allied Coverage Suit
• Orrick Snares 5 Deals, Bankruptcy Pros
• Paper Co. NewPage Wins $600M DIP Loan
• Food Prep Co. Seeks To Carve Off Assets In Ch. 11
• Judge OKs $32M In Exec Bonuses At Bankrupt Tribune
• Mexican Chain Owner Real Mex Aims For Sale In Ch. 11
• Bankruptcy Judge Won't Move $10M Kutak Malpractice Suit
• Retired Judge To Mediate Dodgers' Ch. 11 Fight With MLB
• Judge Stands Behind Yellowstone Club's Ch. 11 Plan
• MetLife, Midland Oppose Resort Co.'s Deal With Singapore
• Banks Try To Kick Marco Polo Bankruptcy Out Of US Court
• Pilgrim's Ordered To Pay $26M For Price Manipulation
• Barnes Bay Creditors Cleared To Sue In Anguilla
• Mining Co. Can't Get High Court Hearing On Ch. 7 Appeal
• Case Study: In Re Washington Mutual