Bankruptcy Archive » May, 2012

Bankruptcy - May, 2012

216 articles

• GE, Law Firm Put Up $32.5M To Duck Petters Clawback Suits
• Dewey Trustee Names Creditors, Ex-Partners Committees
• Dynegy Holdings Rips Intervening Investor As 'Nuisance'
• Getty Petroleum Creditors Call For Liquidation
• Madoff Trustee Goes After $212M From Credit Suisse, Others
• RG Steel Folds Into Ch. 11 After 1 Year Of Operation
• Union Pacific Must Aid In $214M Superfund Deal, Asarco Says
• Nebraska Book Turns Final Page On Ch. 11 Case
• Ex-Dewey Attys, New Firms May Regret Shotgun Weddings
• Settlement Empowers AES Eastern's $240M Plant Sale
• Yellowstone Resort Founder Presses Plan To Sue Ex-Atty
• Bankrupt NJ Hospital Sues To Delay Provider Pullout
• Insurer Must Face $31.6M Madoff Claims In Bankruptcy Court
• Ex-Hogan Lovells Atty's $2M Travel Scam Ends At Jailhouse
• Resolving The Circuit Split On Credit Bidding
• Streamlining Swaps Litigation
• Calif. Snubs Bill To Revamp Prebankruptcy Process For Cities
• Futures Watchdog Seeks To Rein In Customer Cash Transfers
• Dewey Atty Optimistic About Bankruptcy's Run
• Rough Road Ahead For Dewey Attys In Cutthroat Job Market
• American's Antitrust Trial Against Ticketing Firm Delayed
• Tribune's $7B Reorganization Plan Is On Track, Attys Say
• Madoff Trustee Seeks $77M From Credit Agricole, Others
• ResCap Wants Ex-Officers, Affiliates Spared From MBS Suits
• High Court Backs Lenders' Power To Credit Bid In Ch. 11
• Minn. Firm Ducks Hedge Fund's Fraud Suit Over Polaroid Assets
• The Art Of Acquiring Distressed Natural Gas Assets
• Dewey Faces Tough Battle For Creditor Recovery
• Dewey & LeBoeuf Files For Bankruptcy
• SP Newsprint Gets $5M Secrets Suit Against Employees Stayed
• Coudert Ruling Spells Trouble For Firms With Dewey Gains
• Top Banks Look To Take Raser's Short-Selling Suit Federal
• WaMu Noteholders Still Want In On $10B Deutsche Bank Suit
• SEC Advises High Court To Leave Madoff Investor Suits Alone
• AMR Judge Urges Airline, Unions To Cut A Deal
• Law Firms Can't Dodge Coudert Unfinished Business Claims
• Syms Ordered To Reopen Ch. 11 Talks With Creditors
• The Importance Of Hall V. United States
• Would-Be NYC Condo Owners Head To Ch. 11
• Dental Center Manager Gets Green Light For Sale To Lenders
• Judge OKs Lehman Ex-Execs' $90M Payout To Investors
• ACE Objects To Hostess' ADR Plan For Tort Claims
• Tronox Atty Grills Kerr-McGee Adviser On Spinoff Plans
• Gibson Dunn Grabs Stutman Bankruptcy Pro In LA
• Evergreen Trustee Says Ex-Director Doomed Company
• Frontier Insurance Denied Approval Of Rehabilitation Plan
• US Trustee Rips Stalled Solyndra's $3M DIP Loan Request
• Pilots Can't Appeal AMR Ruling Straight To 2nd Circ.
• Jeopardized By Cherryland: Bankruptcy Remote Financings
• Nebraska Book Gears Up For Ch. 11 Confirmation
• Syms Creditors Look To File Competing Ch. 11 Plan
• Dewey Atty Moves Persist Amid Pay Delays In Dodgers Ch. 11
• White House Orders Gov't Agencies To Take Data Mobile
• Open Range Trustee Seeks Damages From PE Lender
• Irell Bankruptcy Pro Decamps For Greenberg Traurig
• AMR Officer Says Unions Not Alone In Facing Cuts In Ch. 11
• NY Corporate Attys File $1M Suit Over Soured Partnership
• Facing Greater Fraudulent Transfer Liability
• Allied Systems Hopes To Transport Forced Ch. 11 To Ga.
• Calif. Assembly To Take Up Contested Municipal Bankruptcy Bill
• Hundreds Of Proposed Parties Barred From DBSI Ponzi Suit
• MF Global Customer Again Fails To Block $30M Coverage
• Grassley Criticizes FCC, White House Over LightSquared
• Best Practices For Corporate Social Responsibility
• Dewey, Ex-Partners Hire Counsel As Bankruptcy Looms
• Anderson Affiliates Can't Remove $100M Clawback Suit
• Houghton Mifflin Wins Access To $400M Loan
• TSA Stores, ACE American Fight Prince Sport's Licensing Deal
• 2 NYC Luxury Hotels Check In To Prepack Ch. 11
• Zell-Owned Co. Fights Tribune Ch. 11 Plan Over $225M Claim
• Corzine Made $8.5M In 2011 Before MF Global Collapsed
• Saul Ewing Swipes Bankruptcy Partner From Tydings
• Judge Clears Way For St. Vincent's Ch. 11 Plan Vote
• Adams And Reese Grabs Bankruptcy Partner For Tampa Office
• Paralegals Say Bankruptcy Firm Withheld Overtime Pay
• Houghton Mifflin Opens Page To Ch. 11
• Buyers Beware: Avoidance Risk Travels With Debt Purchases
• Key Bank, HSBC Get Adelphia Hockey Loan Claims Nixed
• Dewey Gears Up For Possible Bankruptcy As Partners Dwindle
• AMR Judge Sets Ruling Deadline As Unions Present Case
• JPMorgan Hands $168M In Collateral To MF Global Trustee
• DLA Piper Asks To End $17M Malpractice Suit in Licensing Deal
• WaMu Noteholders Can't Weigh In On $10B Deutsche Bank Suit
• Insurer, Manufacturer Trust End $5M Asbestos Coverage Row
• 3rd. Circ. Revives Owens Corning Shingles Class Action
• Allied Systems Faces Forced Ch. 11 Over $53M PE Default
• Silver Legacy Casino Pushes Chips Into Ch. 11
• Stagecoach Pays $134M For Part Of Bankrupt Coach America
• Implications Of Sterling Chemicals V. Evans
• Madoff Trustee Claws Back $29M In Trotanoy Settlement
• Dynegy Investor Targets Board Over $1.7B Asset Transfer
• Short On Cash, WorldSpace Seeks Ch. 7 Conversion
• Tronox Says Ex-Kerr-McGee General Counsel Knew Of Fraud
• GM Speeds Out Of OnStar Analog MDL
• Cetero Purchased By Creditors In $80M Stalking Horse Deal
• Mediation Board Tries To Boot American Airlines Union Suit
• Jones Day Bankruptcy Pro To Oversee Tribune Litigation Trust
• Seeking Clarity On Credit Bidding
• Don King's Co. Sends Rothstein Clawback To District Court
• Nonunion AMR Employees Can't Fend Off Wage Change
• Pinnacle Judge Approves $74M DIP Loan From Delta
• IBM Demands Sanctions For CEO No-Show In Antitrust Row
• Case Study: In Re Hartford Computer Hardware
• Specialty Products' Asbestos Creditors Float Ch. 11 Plan
• ABN Amro, Other Madoff Funds To Get Review By NY Judge
• Suit Over DLA Piper Fees Will Stay In Bankruptcy Court
• Harrisburg City Council Can't Revive Ch. 9 Bid In 3rd Circ.
• LightSquared Scores Access To $15M In Cash On 1st Day
• Tronox Trial Opens With Tales Of Doomed-To-Fail Co.
• 11th Circ. Backs Broad Fraudulent-Transfer Liability
• ResCap To Cease Funding $1.7B In Home Equity Credit Lines
• AES Rips Utility For Protesting $240M Power Plant Sale
• K&L Gates Malpractice Suit Over Le-Nature's Scam Revived
• 3rd Circ. Says Ch. 11 Collateral Value Can't Be Hypothetical
• Teamsters Victorious In Hostess Contract Fight
• Ruden McClosky Says It Already Paid $4.6M Wells Fargo Debt
• LightSquared Ch. 11 Won't Halt Falcone Fraud Claims
• RSUI Looks To Sink BankUnited Execs' D&O Policy Claims
• Gaia, Starwood Invest $22.5M In Multifamily Portfolio
• LightSquared Seeks Ch. 11 As Lenders Tighten $1.7B Noose
• Solyndra Says Ch. 7 Looms Without $3M Extra DIP Financing
• Greenberg Traurig Enters Warsaw With 50 Dewey Defectors
• Ally Puts ResCap Rumors To Rest With Prepack Ch. 11
• LightSquared Taps Milbank In Big Test For Firm
• US Airways Greets AMR Merger Exploration With Open Arms
• Lothian Oil Creditor Takes Jurisdiction Row To 2nd Circ.
• KPS Capital Cooks Up Bid To Buy Hostess
• Dynegy Creditor Loses Bid For Full Access To Report
• Solar Trust Gets Green Light To Auction Assets In Ch. 11
• Judge Sides With Hilton In MSR Property Management Row
• Steelworkers Object To Pinnacle's $74M DIP Deal With Delta
• Reorganized Del. Diocese To Fund $64M Laity Pension Plan
• Circuit Split? Mirant Vs. Adelphia
• Dewey Loses Another Leader, Calif. Partners Open New Firm
• Bankruptcy Judge Won't Let Capitol Pull Plug On Customers
• Houghton Mifflin To Slash $3B Debt In Prepack Ch. 11
• Appeals Court Says Vitro Units Owe Interest On $1B Debt
• Former Raytheon Unit Gets $3.5M Judgment Overturned
• Chem Rx Trustee Blames Bankruptcy On $162M LBO
• Dewey Partners Likely To Face Wrath Of Creditors
• Judge Rules A&P Can Keep NJ Storefront Dark
• FDIC Wind-Down Plan Won't Be Pretty, But Just May Work
• Bankrupt NJ Developer Sues Partner Over 'Invalid' Deed
• Kodak Sells Off Special Effects Unit, Reignites Shutterfly Feud
• Madoff Feeder Fund Liquidator Seeks $7M In 3 New Suits
• PBGC Urges Teamsters, Hostess To Mind ERISA In Deal
• Bankrupt Tennis Line Prince Scores $15M Licensing Deal
• Judge Delays Wage-Change Ruling For AMR Agents
• 'Pink Slime' Meat Co. AFA Sued For Canning Workers
• Where Rubber Hits Road: Examples Of Alternative Fees
• DirecTV Denies Blame For Capitol Infrastructure Ch. 11
• Judge Keeps $80M Refco Trustee Suit In Bankruptcy Court
• Dykstra Pleads Not Guilty To Bankruptcy Fraud Charges
• NY Tower Developer Wins Approval For Bankruptcy Exit Plan
• McDermott Names New Head Of International Restructurings
• Dynegy Escapes Most Subpoenas In Fight Over Trustee
• Shutterfly Pans Kodak's Request To Resume Patent Suits
• A Call To Arms — 365(n) And Trademark Licensees
• Cash-Strapped USPS Relents On Rural Post Office Cuts
• Bankruptcy Filings Down 13% Over Previous Year
• Anadarko Released From Tronox Fraudulent Transfer Claim
• Simon Property Challenges Betsey Johnson's Liquidation Sales
• Laramie Cleared To Sponsor Delta Petroleum's Ch. 11 Plan
• Marco Polo To Liquidate Under Proposed Ch. 11 Plan
• Insurers Rip Pittsburgh Corning's Ch. 11 Asbestos Trust
• Provident Creditor Fights Trustee's $31M Clawback Suit
• Vitro: Defining 'Manifestly Contrary' To US Policy
• Delta Petroleum Securities Fraud Plaintiff Blasts Stay Bid
• Energy Conversion Calls Off Ch. 11 Auction For Lack of Bids
• NewPage Creditors Seek Court Approval To Sue LBO Lenders
• Treasury Says It Would Back Bankruptcy Plan For ResCap
• $540M Debt Swap Gives Hedge Fund Majority Stake In Barneys
• 6th Circ. Won't Revive Ex-Northwest Pilots' Age Case
• Investors Denied $435M MBS Claim In WaMu Bankruptcy
• Seyfarth Says Thelen Trustee Win Would Make Ex-Attys 'Toxic'
• Nassau Broadcasting's $48M Radio Station Sales Get Clearance
• Bankrupt Arcapita Bank Allowed To Pay Workers, Vendors
• Wives Of Madoff Sons Face $57.5M Unjust Enrichment Claims
• Awaiting 6th Circ. Clarity On Chrysler Dealers' Appeal
• Barton Still Applies To Bankruptcy Trustees, 3rd Circ. Says
• USPS Objects To Senate Bill Blocking Branch Closures
• Bankrupt Tribune Gets Green Light For Up To $45M In Bonuses
• Hawker Beechcraft Scores Access To $400M DIP Facility
• Continental Asks High Court To Mull Arbitration In Thorpe Case
• Hostess Wins OK To Drop Contracts With Bakers Union
• Law360 Names Top Female Trial Attorneys
• Ceragenix Attacks Ousted Exec's $10M SOX Complaint
• Will SLVs Hold Water In Shipping Bankruptcies?
• Former Lehman Execs' $90M Deal With Investors Hits Delay
• Lancelot Trustee Sues Katten Over Conflict Of Interest
• Aircraft Co. Hawker Beechcraft Descends Into Ch. 11
• Kodak Wants To Lift Stay In IP Suit Against Shutterfly
• NewPage Seeks More Time For Ch. 11 Plan Amid Creditor Row
• Borders Agrees To $44M Unsecured Claim For Penguin
• Rep. Calls For Independent Counsel In MF Global Probe
• American Airlines Sues To Block 10,000-Worker Union Vote
• General Maritime Set To Sail Out Of Ch. 11
• WaMu Liquidator Fights Investors' $435M Claim In MBS Suit
• Predictive Coding — Putting The Cart Before The Horse
• MF Global Customer Challenges Execs' Defense Coverage Bid
• MMR Sues To Claim 50% Stake In Bankrupt Solar Project
• Newly Launched Bankruptcy Boutique To Specialize In Ch. 7
• Sharper Image Fights Attys' Bid To Up Fees In Gift Card Row
• Getty Realty Takes Back 787 Gas Stations
• Dippin' Dots Sale Approved, Over Creditor Objections
• Case Study: In Re Northstar Development
• Chadbourne Lures Dundas Insolvency Ace In London
• 3rd Circ. Lets Federal-Mogul Move Policies To Asbestos Trust
• 9th Circ. Firsts: Equitable Mootness And Arbitration
• Kodak's Naming Rights To Theater Go To Dolby
• GM Trust To Hand Over $39M For NY Superfund Cleanup
• BofA Slams Bid To Group Cases Over $2B Casino Financing
• Adelphia Witness Calls $149M Stock Buyback A Ripoff
• Prince Sports Faults Into Ch. 11, Serves Plan To Cut Debt
• Bicent Power Files Ch. 11 Plan To Address $500M Of Debt
• Hendrix Estate's $2M Suit Stalled By Film Producer's Bankruptcy