Bankruptcy Archive » April, 2012

Bankruptcy - April, 2012

205 articles

• MF Global Customer Can't Block Execs From $30M Coverage
• Judge Drops Madoff Trustee's Claims In 4 Clawback Suits
• UBS Unit, Others Want $2B Madoff Clawback Suit Nixed
• PwC Appointed As Receiver For Developer City Site Estates
• Robinson & Cole Slams Thelen Trustee's Fee Claim
• LightSquared $2B Talks Extended As Falcone Rumors Persist
• Hedge Fund Sues CDC Software Over Alleged Smear Campaign
• Buffet Chain's Creditors To Vote On Ch. 11 Plan
• Supreme Court Frees Verizon, JPMorgan From Spinoff Suit
• Kodak Wins Approval For $13.5M Retention Bonus Plan
• Madoff Feeder Liquidator Urges 2nd Circ. To Back Ch. 15
• PFF Bancorp Wins Court's OK For Liquidation Plan
• Shipper Marco Polo Gets More Time To File Ch. 11 Plan
• Trustee Asks High Court To Let Nortel Pension Fight Proceed
• Ramifications Of Greenville Lafayette V. Eligin
• Betsey Johnson To Refashion Finances In Ch. 11
• Bankruptcy Judge OKs 4Kids' $10M Sale Of 'Yu-Gi-Oh' Rights
• Dynegy Lashes Out At Creditor's 'Overbroad' Subpoenas
• AMR Rep Says $230M In Flight Attendant Cuts Non-Negotiable
• Kerzner Unloads Atlantis Resorts In $2B Restructuring
• HHS Has Final Say On Medicare Device Coverage: 4th Circ.
• LightSquared Bankruptcy Could Spell Harbinger Head's Ouster
• TV Provider Capitol Receptive To $11M Bankruptcy Sale
• Hotel Co. Protests WisDOT's Attempt To Seize Property
• Buyer, Beware: Pitfalls Of Purchasing Bankrupt Assets
• AMR Negotiator Says Union Cuts Are Necessity, Not Choice
• Standard Chartered Hit With $330M Madoff Clawback Suit
• Ally Says ResCap Could Be Headed For Bankruptcy
• Prudential's $27M Suit Over Ethanol Plants' Sale Lives On
• Case Study: In Re Crane
• Cruise Line Execs Demand Defense Coverage For DOJ Claims
• Indy Downs Pursues Sale, Ch. 11 Plan On Dual Track
• Syms Examiner Report A Boondoggle, Shareholders Say
• Operationalizing Law Department Performance Metrics
• LSP Energy Sues BNY Mellon To Skirt $80M Bond Penalty
• Real Estate Developer Mountain Property Heads Into Ch. 11
• NewPage Creditors Get Extra Time To Look Into $1.7B LBO
• Baker Donelson Adds 2 Real Estate Partners In Orlando
• AMR Witnesses Quizzed On Ch. 11 Alternatives In Union Row
• 50 Cent Says 'No Sale' To Bankrupt Protege Young Buck
• Smith Gambrell To Pay $11M To Settle Ponzi Negligence Case
• Sheppard Mullin Adds Corporate Pro From Cadwalader
• Judge OKs $685M Payout To MF Global Customers
• Research Co. Makes Peace With FDA Over Suspect Drug Tests
• AMR Exec Says Union Contracts Must Go To Save Airline
• Trustee Slams Kodak's $13.5M Retention Bonus Plan
• Senate Republicans Blast Regulators On MF Global
• Pricing Risk: Contracting With A SIFI
• MF Global To Face Joined Customer, Investor Suits
• NewPage Creditors Blast Effort To Block $2B Buyout Probe
• Goldman Sachs Seeks To Squash $147M Capmark Suit
• Power Co. Bicent Looks To Refinance $500M Under Ch. 11
• Thornburg Trustee Ordered To Arbitrate $19M Goldman Suit
• Judge Approves New Stream's Creditor-Backed Ch. 11 Plan
• AMR Takes On Airline Unions In Day 1 Of Court Battle
• MF Global Customers Want JPMorgan Forced To Return Funds
• River Road Makes Case Against Credit Bidding In High Court
• Graceway's Ch. 11 Plan Gets Nod As Judge Quells IRS Worries
• Lehman, Barclays' $3B Contract Fight Hits District Court
• 'Brilliant' Dewey Ch. 11 Gambit Could Save Firm
• Delta Petroleum Shareholders Drill Execs With New Suit
• Hostess, Unions Push Back Ruling On Labor Agreements
• Ernst & Young Settles Tax Shelter Case
• Ala. High Court Backs Broad Ch. 9 Reading In Win For County
• Buyer Beware: 363 May Not Absolve Successor Liability
• FDIC Overestimated 2011 Bank Failure Losses, GAO Says
• US Airways Strikes Deal With AMR Unions In Merger Ploy
• JPMorgan Ducks Claims In Lehman's $9B Suit Over Transfers
• White House Security Contractor Seeks Ch. 11 Protection
• SNP Bankruptcy Court Can't Challenge French Holdings: Judge
• Madoff Trustee Seeks To Bar 3rd-Party Suit In Luxembourg
• FGIC Gets Quick Ch. 11 Exit With Plan Confirmation
• Rising Star: Kirkland and Ellis' Adam Paul
• NewPage Creditors Tap Cerberus For Insider Trading Info
• Chevron Says Bankrupt Co-Developer Can't Sell Solar Projects
• Indy Downs Can't Run From $17M Casino Contract, IP Claims
• Tough Times And Tax Bombs: Coping With COD Income
• Northern Mariana Islands Pension System Files For Ch. 11
• Rising Star: Davis Polk's Elliot Moskowitz
• Bankrupt US Fidelis Settles WARN Suit For $1.4M
• MF Global Trustee Plans To Pursue $700M In UK Suit
• Judge Won't Toss $35M Suits Between Hedge Fund, Oil Firm
• Judge Taps Mediator In Nortel Worker Benefits Dispute
• Lexington Asks For $10M Limit In Rothstein Ponzi Suit
• Court Backs $35M Asbestos Claim Denial By Bankrupt Insurer
• Judge Defers Decision On Kodak Equity Committee
• Reddy Ice Makes $1M Deal In Shareholders' Cartel Suit
• Docket Diving: Strategic Uses Of Online Docket Info
• Bankrupt Paper Co. Seals $12M Sale To Watermill Group
• Rising Star: Kramer Levin's Douglas Mannal
• Extracting The Thorn(burg) In SEC's Side
• Ally Financial Mortgage Unit Overdue On Bond Payment
• Jersey City Waterfront Developers Sink Into Ch. 11
• Getty Bankruptcy Judge Punts Bank Row To Del.
• WR Grace To Pay $2M For Texas Asbestos Cleanup
• Dewey Defectors, New Firms Could Become Clawback Targets
• ELNY Liquidation Plan Gets Nod Over Beneficiaries' Protests
• Aventine Settles $48M Adversary Suit Against Supplier
• Tribune's $7B Ch. 11 Plan Cleared For Creditor Vote
• Fairfield Funds Liquidator Seeks $130M In 5 New Suits
• Retirees Win Right To Form Committee In Kodak Bankruptcy
• BGC Closes Grubb & Ellis Sale To Form Real Estate Giant
• Dan Marino Charity Has Rothstein Cash, Trustee Says
• Ambac Backed $856M In Bad MBS Due To Merrill's Tricks: Suit
• Teamsters Fight Hostess Ch. 11 Proposal With Rival Plan
• Altering The Leveraged Lending Landscape
• Rising Star: Cadwalader's Peter Friedman
• CMGT Trustee Asks 7th Circ. To Revive Mayer Malpractice Suit
• Dodgers' Ch. 11 Plan, $2B Sale Waved Home
• Judge Unites 300 Madoff Suits For Ruling On Stern Impact
• Rising Star: Dewey & LeBoeuf's Philip Abelson
• Kodak Retiree Committee Bid May Be Wolf In Sheep's Clothing
• Cetero Gets Nod To Auction Assets In Ch. 11
• Case Study: In Re Dynegy Holdings
• Greenberg Traurig Ducks ReoStar Energy Conspiracy Claims
• PE Firm Snags Spanish Video Game Co. Out Of Bankruptcy
• Ex-Synergy CEO Arrested In $750M Bank Fraud Scheme
• Collection Co. Seeks Probe Of Movie Gallery
• Nebraska Book Co. Can Begin Shopping Ch. 11 Plan
• Orrick, Others Best Claims Over Coudert's Retiree Benefits
• Dynegy Examiner Resists Subpoena For Redacted Report Parts
• The Achilles' Heel Of Restructuring Greece
• Club Founder's Claims Are Attack On Ch. 11 Plan, Attys Say
• Bankrupt CDC Corp. Settles $63M IPO Row With Evolution
• Insurers Push For $15M Burn Coverage Deal Over BB&B Gripe
• Chicken Co. Set For Auction With $72M Stalking Horse Bid
• St. Vincent's Seeks Return Of Bills It Paid On Eve Of Ch. 11
• $685M Payout To MF Global Customers On Hold
• Reddy Ice Enters Ch. 11 With Plan To Acquire Arctic Glacier
• Dippin' Dots Proposes $12.7M Asset Sale To Exit Bankruptcy
• BNY Mellon, JPMorgan, Others Can Appeal Ala. County Ch. 9
• Beacon Power, US Settle $6.6M Ch. 11 Fee Fight
• Kodak Rails Against Investors' Call For Equity Committee
• Fox Sports Affiliate Objects To Dodgers' Ch. 11 Plan
• Bondholders Scoop Up AES Eastern Power Plants For $240M
• Lehman Set For Record $22.5B Initial Creditor Payout
• Insurers Want Details On Pittsburgh Corning Ch. 11 Plan
• MF Global Execs Can Tap Insurance For Defense Costs
• Rothstein Accountant's Insurer Must Hand $10M To Trustee
• Medical Product Maker HemCon Files For Ch. 11
• Tribune Ch. 11 Judge Resolves Creditor Allocation Disputes
• One Madison Park Developers Win Approval Of Ch. 11 Plan
• Madoff In-Law Joins Chorus Asking To Move Clawback Suits
• Mortgages Ltd. Officers To Get $3.7M From D&O Insurer
• Dodgers Owner's Ex-Wife Wants Payday From Bankrupt Team
• Paying It Forward: Lehman's Impact On MF Global
• Car Warranty Co. Owner Admits To $71M Fraud
• Bank Austria Says Picard Can't Aim Tort Claims At 3rd Parties
• Bankrupt Ala. County Accuses BNY Mellon Of Swiping Funds
• 8th Circ. Grounds Ex-Northwest Pilots' ERISA Age Claims
• Hostess Slashes Some Execs' Pay To $1 After Raise Flap
• Creditors' Protest Late In $16M Taylor Bean Settlement
• $140M Judgment Ordered For Convicted Meridian Founder
• Reddy Ice To Hand Stake To Centerbridge In Ch. 11
• Sino-Forest Hit With Canadian Securities Action
• Fleetwood Settles $60M RV Insulation Suit On The Cheap
• Coping With Commercial Leases In Bankruptcy
• SC High Court Affirms Mortgage Co. Exec's Fraud Sentence
• Dodgers Look To Exit Bankruptcy By End Of Month
• Rothstein Fund Trustee, Insurers Want Hand In Deposition
• Fairfield Sentry Liquidator Seeks $2.6M In 7 Latest Suits
• Schiff Hardin Adds Brownstein Bankruptcy Pro In San Francisco
• McGuireWoods Wants Broke Hospital's Malpractice Suit Tossed
• UBS, Others Ask 2nd Circ. To Bury $30B Of Madoff Claims
• JPMorgan, MF Global Trustee In Talks Over Missing Funds
• Ex-US Fidelis Owners Charged With Lifting $71M From Co.
• BDO Seidman Settles Investor Suit Over Le-Nature's Loan
• Dynegy Creditor Demands To See Redacted Parts Of Report
• Harbinger Head Pondering Bankruptcy For LightSquared
• US Trustee Slams Releases In Graceway Ch. 11 Plan
• 5th Circ. Says Debtor Lost Right To Sue Tyson For Bias
• Gingrich Health Care Think Tank Heads Into Ch. 7
• Wives Of Madoff Sons To Face Suit Over $115M Payouts
• Teamsters Cream Hostess Over Exec Pay Scam Allegations
• Predictive Coding — Cost Savings If Investment Is Made
• Vertrue Blames Online Marketing Regs For Ch. 11 Filing
• Ex-TWA Pilots Push To Uphold Union Agreements With AMR
• DOE Rushed Treasury Review Of $535M Solyndra Loan: Report
• Madoff Feeder Liquidator Seeks $65M In Latest Round Of Suits
• Dewey Continues To Bleed Partners
• Kodak Seeks Retiree Committee, Sinks Bid To Cut Benefits
• Dynegy, Creditors Reach Deal Over Bankrupt Subsidiary
• JPMorgan To Pay $20M For Alleged Misuse Of Lehman Funds
• Analyzing Catalyst For A New Breed Of Ch. 15 Cases
• DirecTV Sues Tribune Over Scuttled Broadcast Agreement
• NewPage Creditors Seek More Time To Probe $2B LBO
• Singer Co. Ex-Head Faces Suit Over Mansion Mortgage
• Atty Says 'Pink Slime' Maker's Sale May Not Cover Debt
• Online Marketer Velo Lands $5M DIP Deal In Newly Filed Ch. 11
• 9th Circ. Won't Rethink Win For Thorpe's Ch. 11 Foes
• IRS Objects To Graceway's Ch. 11 Plan Over Setoff Rights
• Phelps Dunbar Bulks Up Tampa Office With Bankruptcy Hires
• 7th Circ. Revives Lancelot Trustee's Auditor Malpractice Suit
• 2nd Circ. Revives Anderson News' Publisher Antitrust Suit
• Sole Bidder Versa Capital Cleared To Buy United Retail
• Hundreds Want Madoff Suits Out Of Bankruptcy Court
• Solar Millennium Units Seek Ch. 11 Amid Project Funding Woes
• Reddy Ice Says It's Struggling To Stay Afloat
• LandAmerica, Lloyd's Take Another Crack At $38M Deal
• Garment Industry Price-Fixing Suit Denied High Court Review
• Sino-Forest Shareholder Floats Restructuring Plan
• MF Global Customer Seeks To Appeal Loss Of Priority Bid
• AFA Foods Files For Ch. 11 Amid 'Pink Slime' Media Barrage
• Pinnacle Sent Into Ch. 11 By Airline Industry Headwinds
• Coudert Brothers — Lessons For Litigators