Bankruptcy Archive » June, 2012

Bankruptcy - June, 2012

214 articles

• Maclaren To Cover Claims Against Its Bankrupt Distributor
• Judge Limits Bankrupt Ala. County's Use Of Sewer Revenues
• Fox Rothschild Builds Up Muni Debt Practice
• Law360's Global 20 Firms Open Up New Frontiers
• Grubb & Ellis Allows Cleanup Workers' 9/11 Suits To Proceed
• Hilton, MSR Begin Trial Over Luxury Resort Management
• Big Banks' Living Will Summaries To Be Released Tuesday
• Case Study: In Re Loop 76
• Calif. Prebankruptcy Law Gets Test Run In Stockton Ch. 9 Case
• Madoff Trustee, Tremont Shake Challenge To $1B Deal
• 5th Circ. Extends Block On Vitro Debt Collection Efforts
• NY Judge Signs Off On State Takeover Of FGIC
• American Airlines' New Labor Agreements Get Go-Ahead
• Travelers Must Cover $375M Asbestos Deals, 2nd Circ. Hears
• Abound, Recipient Of $400M DOE Loan, To Enter Bankruptcy
• US Trustee Says Dynegy's Disclosure Filing Is Light On Info
• Frenville — Gone But Not Forgotten In The 3rd Circ.
• Kodak Shareholders' Bid For Equity Committee Blocked
• Pilots Union OKs Tentative Deal With American Airlines
• Buchanan To Pay $60M To Settle Adelphia, Investor Claims
• Ruden McClosky Reiterates Buyer's Ch. 7 Objections
• Living Wills Give Banks A Chance To Uncover Own Weak Spots
• Judge Approves Buffets Restaurants' Ch. 11 Plan
• Bankrupt Northstar Gets Go-Ahead To Auction Assets
• Trustee In $500M DBSI Ponzi Scheme Sues Broker-Dealers
• NY Town Claims $13M Shortfall In GM Superfund Deal
• CBS Off Hook In Kansas Facility Cleanup
• Solar Trust Gets Green Light For $20M Asset Sale
• When Your Insurer Goes Bankrupt — And No One Tells You
• Stockton, Calif., Takes Historic Plunge Into Bankruptcy
• Harrisburg Fights To Wrest Financial Control From State
• Insurers Say WaMu D&O Coverage Suit Is In Wrong Court
• Dykstra Enters Plea Agreement In Bankruptcy Fraud Case
• Ruden McClosky Asset Buyer Balks At Ch. 7 Switch
• PE Firm Versa Seeks Info On Rival's Bid For Chopper Parts Co.
• Contractor Says NY Developer Owes $11M For Unpaid Work
• Arcapita Gets OK For Layoffs, Employee Incentives In Ch. 11
• AFA Foods Cleared To Sell 2 Meat Plants For $12M
• Joint Venture To Convert Petroplus Refinery Into Terminal
• 4Kids Gets Amped-Up 'Yu-Gi-Oh!' Asset Sale Approved
• Case Study: In Re Northern Mariana Islands Retirement Fund
• Hunton Will Face Gas Co.'s $50M Suit In Federal Court
• Kodak Licensees Balk At Proposed Patent Sale Process
• Cinram Units Enter Ch. 15 In Del. As Part Of $82M Sale
• JPMorgan Pays $4M To End WaMu Mortgage Kickback Suit
• Environmentalists Want Stay Exception For RG Steel Appeal
• Ritz Camera Gets Interim DIP Ahead Of Ch. 11 Auction
• Tronox Expert Says Co. Was Bankrupt At Time Of IPO
• High Court Won't Hear Row Over Nortel's $3B Pension Shortfall
• Supreme Court Snub Paves Way For $8B Madoff Payout
• NextEra Bids $10M For Bankrupt Solar Trust Project
• Kodak Officers Win Access To $25M In Insurance Funds
• 'Jacob The Jeweler' Files $12M Suit Against Jailed Adviser
• New Pension Rule May Help AMR Land A Deal With Pilots
• Newpage Sued Over $2B Meadwest Purchase Contract
• Madoff Trustee To Appeal Two-Year Clawback Limit
• NewPage Retains Control Over Ch. 11 Plan Amid Creditor Row
• Dewey Committees Seek OK On Info-Sharing Procedures
• Judge Approves $40M Deal In Lehman MBS Class Action
• Dreier Judge Tells Cochran Firm To Yield Docs Or Face Fine
• GCs Name Law Firms With Top Shelf Brands
• Ritz Camera Relapses Into Bankruptcy
• UK Watchdog Clears E&Y Over Lehman Audits
• AMR Labor Contract Ruling Delayed
• When Excess Carriers Walk A Mile In An Insured's Shoes
• Apple Says Bankruptcy Court Can't Handle Kodak IP Row
• Houghton Mifflin's Prepack Ch. 11 Plan Gets Green Light
• Creditors Convince RG Steel To Extend Sale Process
• Indy Downs Wins Approval Of Amended Dual-Track Ch. 11 Plan
• 9th Circ. Backs Pro-Creditor View Of Ch. 7 Collateral
• Restructuring Corporate Bonds: A Menu Of Options
• Sbarro's Bankruptcy Case Ends After 1 Year
• Defunct Bank's Holding Co. Files For Bankruptcy
• Ruby Tuesday Franchisee Heads To Ch. 11
• Greenberg, Quarles To Pay Ponzi Investors $88M In Settlements
• Pilots Union Shoots Down American Airlines' Last Offer
• Dynegy Holdings Expects Parent To Join Its Ch. 11 Case
• LightSquared Creditors Balk At Joining Committee
• Dewey Bankruptcy Advisers Seek Quick Deal With Partners
• US Fidelis Co-Owner Admits Role Again In $70M Fraud
• Forshey Taps Weil Bankruptcy Ace To Head Dallas Office
• Madoff Client Immune To Securities Class Action, Judge Says
• In Re Vitro — Clarity Pending
• Prince Scores Court Approval For $74M Licensing Deal
• Asarco Wants $220M Settlement Nixed, Claims EPA Erased Docs
• RG Steel Creditors Slam Timeline For Mill 'Fire Sale'
• Garlock Asbestos Claimants Denied Privileged Docs
• IBM Reseller's Attys Sanctioned In Monopoly Case
• Inside The 2nd Circ. Approach To Anderson News
• Nationstar, Berkshire Hathaway Named ResCap Stalking Horses
• Kodak Wants Apple Claims Tossed So Patent Sale Can Proceed
• 5th Circ. Upholds Halo's Ch. 11 Stay Exemptions
• Lehman Creditors Drop Suit After Quizzing Geithner
• RG Steel Creditors Cry Foul Over Asset 'Fire Sale'
• Ex-Empire Land CEO, Attys Escape Sanctions In Ch. 7 Row
• Lichtenstein Sues Willkie Over $100M Extended Stay Penalty
• UK's Fraud Office Misfires In Search Of Major Prosecution
• Judge Orders Examiner Appointment In ResCap Bankruptcy
• NewPage Creditors Disagree On How To Break Ch. 11 Deadlock
• LandAmerica Insurers To Pay $36M Over D&O Claims
• Colonial Bank Execs Pay $2.5M To Dodge ERISA Claims
• Solyndra To Score Extra DIP Financing, File Ch. 11 Plan
• Judge OKs $7.8M Settlement For Hispanic Madoff Investors
• Bankrupt NewPage Cuts New Deal With Unions
• BrightSource Bids $10M For 500-MW Solar Trust Plant
• Northstar USA Gets Thumbs-Up For $9M DIP Lifeline
• US Fidelis Co-Owner Cops To Insurance, Consumer Fraud
• ResCap Fights Berkshire's Bid For Stalking Horse Status
• Dykema Picks Up M&A, Bankruptcy Ace From K&L Gates
• Former Taylor Bean Exec Gets 5 Years For Role In $3B Fraud
• Massey Unit Wants $32M Suit Over Coal Supply Pact Removed
• Tronox Witness Says Kerr-McGee Misstated Liabilities
• New Ownership Claim Clouds Bankrupt Co.'s Planned Plant Sale
• PBGC Rips RG Steel Over $70M Pension Shortfall
• Ceragenix Whistleblower's Malpractice Suit Shut Down
• Northstar Aerospace Files Ch. 11, Stalking Horse Bids $70M
• MF Global Trustee Inks $175M Deal With CME Group
• Morgan Stanley Returns $67M MBS Row To Federal Court
• Dewey Agrees To Scrap Pension Plans In Deal With PBGC
• Dreier Trustee Wants Cochran Firm Sanctioned
• Is Your Trademark License Assignable In Bankruptcy?
• Corus Trustee Targets Ex-Execs Over Demise
• Lenders Eye Vitro Appeal On Cross-Border Debt Obligations
• Judge Won't Enforce Vitro Mexican Plan's Nondebtor Releases
• Atty Gets SK Foods Malpractice Suit Sent To District Court
• Judge Lets American Block Union Vote Over NMB Protest
• All Eyes On How NY Will Treat FGIC Policyholders
• Ex-Dewey Partner Files $7M Fraud Suit Against Firm Execs
• $19M Dewey Budget OK'd As It Seeks Deal With Partners
• Madoff Investor Calls On 2nd Circ. To Oust Trustee
• An Overview Of 1st-Out Revolvers
• Bankrupt LightSquared Gains Access To $190M From Lenders
• Kodak Judge Won't Say Apple Doesn't Own Patents
• Ex-EpsteinBeckerGreen Partner Targeted For Petters Clawback
• Bankrupt Saab Will Go Electric Under Asian Buyers
• Case Study: In Re Lower Bucks Hospital
• US Airways Eyes Antitrust Approval As Key To AMR Merger
• Judge Waives Lingering Objection To WR Grace Ch. 11 Plan
• Picard May Be Betting The Farm In Calif. AG Fight
• Pemco Cleared To Sell Assets To Singapore Co. For $50M
• Car Hauler Allied Systems Secures $20M DIP Package
• $9B Claim To End ResCap-Investors RMBS Fight
• NewPage Aims To Block Creditor Suit Over Purchase Of Rival
• Bankruptcy Court Can't Hear Madoff Suits: Barclays, Others
• KB Toys And The Trade Claims Playing Field
• McDermott Boosts Restructuring Group With DLA Projects Ace
• Kodak Floats Bidding Procedures For Patent Auction
• Debt Settlement Co. Gets Suit Over Fees Sent To Arbitration
• Car Transporter Allied Systems Driven To Ch. 11
• ResCap's $2.3B Mortgage Unit Sale Plan Draws Scrutiny
• Law Firms Sued For $2.3M Over Dumped Lease In Merger
• Syms Resorts To Mediation To Break Impasse On Ch. 11 Plan
• BrightSource Eyes 500-MW Solar Trust Plant In Ch. 11 Auction
• Ambassadors Execs Get Defense Coverage In DOJ Fight
• Pushing For Stricter FCM Controls Post MF Global
• Ambac Investor Asserts Right To Challenge $33M Settlement
• Struggling Savient Swipes Creditors' Bid To Appoint Receiver
• Foreign Madoff Defendants To Get Hearing In District Court
• Bicent Power Wins Approval of Ch. 11 Disclosure Statement
• Ropes & Gray Aids HIG Buy Of Bankrupt Arctic Glacier
• Bank Not Liable For Client's ERISA Fraud, 6th Circ. Says
• Case Study: In Re Heritage Highgate
• Tribune Judge Expects To Rule On Ch. 11 Plan In July
• $1.3M Wrongful Firing Verdict For Ex-Fremont Exec Stands
• Tribune Co. Approaches Finish Line In Marathon Ch. 11
• Ex-All Star's Game Co. Seeks Ch. 7 After $75M Loan Default
• Dykstra Strikes Out In Bid To Dodge Criminal Charges
• Garlock Asbestos Committee Can't Act As Trustee
• Madoff Trustee Says Calif. AG's Suit Is Illegal
• Equity Reaps $150M From Lehman's $1.6B Archstone Stake Buy
• Inner City Investor Sues Parent Over 'Bogus' IP Suit
• Sounding The Safe Harbors Of Section 546(e)
• Banks Cry Foul On Dewey's Move For Cash Collateral
• Sovereign Claims Stradley Ronon Botched Taylor Bean Loans
• Madoff Trustee Launches $800 Million In Clawback Suits
• Law Firm Fights To Quash DBSI Ponzi Scheme Suit
• WR Grace To Pay $20M To Settle Mont. Asbestos Claims
• Velo's $3M Key Employee Incentive Plan Gets Judge's OK
• Kodak Noteholders Want To Grill Execs Over IP Mistakes
• Preempting Insurance Policy Anti-Assignment Provisions
• Bankrupt Franklin Credit Holding To Sell Mortgage Unit
• MF Global Claims Against Ex-Affiliates Top $3B, Trustee Says
• Barclays Wins Big In Trustee Row Over Lehman Assets
• MBIA Stakes Claims To IndyMac MBS Losses In DC Circ.
• Pfizer Boosts Quigley Asbestos Funds In New Ch. 11 Plan
• Brown Rudnick To Represent Dewey Creditors Committee
• Germany's Solar Millennium Seeks Ch. 15 Protection
• Berkshire Requests Examiner In ResCap Bankruptcy Case
• Pittsburgh Corning Blasts Insurers' Discovery Request
• House Democrats Urge AMR To Play Ball On Union Vote
• Ala. Residents, Pols File $1.6B Claim In County's Bankruptcy
• How To Escape The Recent 9th Circ. Cramdown Craze
• Dewey Attys Find New Homes At Blank Rome, Wiggin, Cullen
• Stockton, Calif., Empowers City Manager To Seek Bankruptcy
• MF Global Report Reignites Debate Over Corzine
• RG Steel Secures $15M Stalking Horse Bid For Ohio Plant
• Apple Wants Kodak Patent Fight Out Of Bankruptcy Court
• Car Transport Co. Can't Shuttle Ch. 11 Case Out Of Del.
• Clean Burn Plan OK Despite NC Tax Concerns, Trustee Says
• AMR Says Airline Must Drop Union Contracts To Survive
• Latham Atty's No-Show At Fee Reform Meeting Irks DOJ
• When Your Oil And Gas Operator Goes Bankrupt
• Delta Petroleum Trustee Objects To $1.5M Breakup Fee
• Ceragenix Atty Sued Over Whistleblower's Ouster
• PBGC Asks NY Court To Terminate Dewey Pension Plans
• Tronox Witnesses Look To Build Contamination Case
• RG Steel Scores Critical $18M DIP Package
• Pemco Creditors Seek To Recover 'Fraudulent' Fees
• Power Co. Bicent's Creditors Rip Ch. 11 Plan For Lack Of Info
• CFTC Lobs Creditor Claim At MF Global Amid Investigation
• Graceway Trustee Slams Distributor's Bid To Cut Debt
• NewPage Wants Suit Over $1.7B LBO Kept Under Wraps
• Calif. Assembly OKs Bill To Retool City Prebankruptcy Process
• Case Study: Wagamon V. Dolan