Bankruptcy Archive » September, 2012

Bankruptcy - September, 2012

196 articles

• ConocoPhillips, BP Sued Over SemGroup's $600M Oil Deal
• Tribune Wants Examiner To Stay On Records Duty
• Meister Seelig Settles Suit Over $413M 'Mini-Madoff' Scheme
• House Republicans Say Geithner Must Produce Delphi Docs
• Kodak Seeks More Time To Craft Restructuring Plan
• Hawker's $763M FCA Claims Not Dischargeable, Relators Say
• Trustee, Ex-Dewey Partners Object To Bonus Plan
• Cargo Carrier Southern Air Touches Down In Ch. 11
• Lynyrd Skynyrd's Las Vegas BBQ Joint Files For Ch. 11
• Bankrupt Vmark Lands $51M Bid For Assets From Printing Co.
• Metro Fuel Heads To Ch. 11 With Hopes Of Sale
• Elpida Pledges Patents To Back $51M Apple Supply Deal
• ResCap Bondholders Drop Backing Of Ch. 11 Plan
• Allocating Acquisition Financing Risk In PE Buyouts
• Assured Guaranty Calls $1B Lehman Suit A Stretch
• Insurer Says Policy Doesn't Cover CDC In PE Firm Row
• Bankrupt Vestin Unit Seeks Green Light On $55M Hotel Sale
• Elpida, US Creditors Spar Over Court Liaison Appointment
• Giants Want Docs From Lehman In $300M Stadium Dispute
• Vitro Claims Bondholders Revealed Restructuring Secrets
• Truck Makers Can't Appeal Transmission Antitrust Ruling
• LA Limousine Co. Parks In Ch. 11 After Arbitration Loss
• Woongjin Scuttles $1.1B Coway Unit Sale
• Arcapita Seeks Green Light On $150M DIP Package
• Eva Longoria's Defunct Co. Fights Ch. 7 Conversion
• Old-Chrysler Creditors Ask 2nd Circ. To Revive Daimler Suit
• 6th Circ. Nixes Most Of Ex-Chrysler Execs' Benefits Suit
• Get-Rich-Quick Salesman Files For Ch. 11 After $479M Fine
• MSR Resort Gets OK For $1.5B Stalking Horse Deal
• US Fidelis Exec Gets 8 Years For $71M Refund Scheme
• ResCap Creditors Seek Docs On $9B RMBS Settlement
• Case Study: In Re Ashapura
• Joint Venture To Pay $37M For 'Titanic' Effects Firm
• International Media Group Seeks Switch To Ch. 7
• Solyndra To Auction Factory, HQ With $90M Stalking Horse
• Bankrupt K-V Fights Hologic Bid To Reacquire Makena Rights
• Homeowners Fight For Own Committee In ResCap Ch. 11
• Patriot Coal Execs Hid Costs Of $45M Cleanup, Investor Says
• Making AFAs Work By Leveraging Project Management
• Calif. Judge Eyes Dismissal In Bergstein's Law Firm Suit
• Oregon Hits Back At WaMu Over $29M Tax Claim
• AGs' Dodd-Frank Fight Could Point Way For Further Protests
• Madoff Trustee Argues Morrison Won't Nix Foreign Suits
• MF Global Ch. 11 Trustee Wants $8M From Energy Trader
• Patriot Coal Wants Out Of Sales Deals With Parent
• 8th Circ. Tosses $13M Suit Over UnitedHealth Intermediary
• ConocoPhillips Seeks Permission To Examine Getty Sites
• Ex-Solyndra Landlord To Get Part Of $13M Claim In Ch. 11 Pact
• Dewey Ex-Partners' $71M Clawback Deal Remains In Limbo
• Another Calif. City Eyes Fiscal Emergency To Speed Up Ch. 9
• AES Eastern Brings In $2M For Shuttered Power Plants
• 'Titanic' Effects Firm's Hastened Sale Plan Gets Court OK
• Ally Ordered To Turn Over Saab Loan Docs In Bankruptcy Row
• Inner City Wants Shareholder Suit Over IP Sale Dismissed
• Bulletproof Vest Maker Reaches $3.6M Deal In FCA Suit
• Hostess Wants OK To Reject CBAs With Bakers Union
• Peregrine Trustee Gets OK To Return $123M In Customer Funds
• Dewey's $70M Ex-Partner Clawback Deal On Hold
• LSP Energy's $286M Power Plant Sale To SMEPA Gets Nod
• US Bank Denied Quick Victory In AMR Collateral Row
• Tackling Rights Of Trademark Licensees In Bankruptcy
• Reddy Ice Settles In Ice Price-Fixing MDL
• Chevron, Dynegy Settle Cherokee Contract Fight For $3M
• Bankrupt Indy Downs Books Rival's $500M Purchase Bid
• FDIC Likely To Pounce On GOP Insurer Insolvency Bill
• WL Ross Gets OK To Buy Lehman's $110M Stake In Navigator
• Bankrupt Arcapita Floats Settlement With 6 Senior Managers
• Waste Co. Hits Ch. 11 With Up To $200M In Assets, Debts
• Hussey Employees Likely Not Entitled To Bonuses, Judge Rules
• Dewey Answers Objections To $71M Plan On Eve Of Hearing
• NJ Developer Objects to Lennar's 'Bad Faith' Ch. 11 Claims
• 'Pink Slime' Co. AFA Forges Deal With Creditors In Ch. 11
• KPMG Loses 2nd Bid To Nix Advanta Shareholder Class Action
• Peregrine CEO's Son Boldly Blames US Bank For Father's Fraud
• VC Fund Sues Bankrupt Investment Co. Over $32M In Loans
• LightSquared Lenders Seek Right To Pursue Harbinger Claims
• JPMorgan Defends Dewey's $71M Clawback Plan
• US Court Extends Oversight Of Micron's $2.5B Elpida Buy
• United Retail Group's Ch. 11 Plan Confirmed After Sale
• US Fidelis Head Gets 3 Years For $70M Refunds Fraud
• Case Study: In Re 785 Partners
• Gibraltar Agrees To $65M Deal To Skirt Rothstein Claims
• Heller Ehrman Settles $1M Fee Dispute With Ex-Client
• Ex-Howrey Attys Brace For Potential Clawback Suits
• Vorys Adds Spencer Cain Bankruptcy Pro In Houston
• Citibank Denies Conspiring Against Dewey Partners
• Failed Ch. 7 Sparks $4.4M Malpractice Suit Against Porzio
• Former Argo Digital Execs Accused Of Defrauding Investors
• Centaur Gaming Bids $500M For Indy Downs Racino
• Peregrine CEO Admits $100M Scam, Stays In Jail
• 5th Circ. Affirms Class Cert. In Countrywide Loan Fee Suit
• US Trustee Fights Patriot Shareholders' Committee Bid
• Pfizer Tells High Court Bankruptcy Law Protects Parent Cos.
• Hostess To Ask Judge To Enforce New CBA With Bakery Union
• Lehman Wants $2B JPMorgan Derivative Claims Trimmed
• Frequent Fliers Say American Airlines Cut Miles Rewards
• Bucking The Trend With Rule 9019 Settlements
• 6th Circ. Says FDIC Can't Recover $765M In AmFin Dispute
• Judge Backs Cap On Attys' Fees For Barnes Bay Bankruptcy
• GOP Reps. Pass 'No More Solyndras' Bill To Nix Energy Loans
• K-V Gets Judge's OK To Use Cash Collateral To Boost Biz
• Pinnacle Moves to Scrap Pilot, Flight Attendant Contracts
• Broadview, High River Pare Conflicts Over Prepackaged Ch. 11
• 2nd Circ. Revives $2M Delphi Bankruptcy Claim Suit
• WaMu Liquidating Trust Wants $29M Ore. Tax Claim Junked
• GAO Says Picard Not Biased When Assessing Madoff Claims
• Case Study: Onkyo Electronics V. Global Technovations
• Kodak Mothballs Patent Sale, Weighs Licensing Instead
• 'Whoomp (There It Is)' Producer Wins $2M In Copyright Suit
• Ex-Dewey Leaders Object To Proposed $71M Clawback Deal
• A Primer On Alternative Fee Arrangements
• McGuireWoods Dodges Bankrupt Hospital's Malpractice Suit
• Judge Won't Put Clock On Ala. County To Submit Ch. 9 Plan
• Peabody Seeks To Toss Coudert's $9M Lobbying Clawback Suit
• Ex-Tribune Examiner Urges Judge To End Retention Period
• Broke Qimonda Seeks Stay On Altis Suit Over Shared IP's Sale
• Peregrine CEO To Await $200M Fraud Sentencing As Free Man
• Neogenix — A Cautionary Tale
• Conditional DIP Package Buoys 'Titanic' Effects Firm
• Calif. Pension Overhaul Won't Save Cities From Ch. 9
• Trustee Objects To Builder American West's Ch. 11 Plan
• MF Global Trustees Deny Layoffs Stepped On WARN Act
• 2 New American Airlines Union Deals Earn Judge's Approval
• Hunton & Williams Adds CFPB Atty To DC Office
• Peregrine Trustee Holds Off On Plan To Return $123M In Funds
• Ex-Madoff Controller To Plead Guilty, Prosecutors Say
• Awaiting 2nd Circ. Spin On Bankruptcy Claims Trading
• Bankrupt Battery Maker's Execs Hid Debt Woes, Suit Says
• Clean Burn Trustee Wins Ch. 7 Conversion
• Deloitte's Counterclaims Stand In Actrade Securities Case
• 9th Circ. Cans WaMu Workers' Pay Claims Against FDIC
• Ally Rips Saab Creditors' Discovery Bid As 'Harassment'
• Judge Queries Patriot Coal Bankruptcy Venue-Switch Request
• Calif. Inks $15M Deal Over Workers' Comp. Firm's Collapse
• Miss. County Says $286M LSP Sale Will Lead To Tax Losses
• 'Titanic' Effects Firm Enters Ch. 11, Plans Sale
• American Airlines Asks 5th Circ. To Block Union Vote
• Omega Creditors Blast Exclusion From Ch. 11 Plan Talks
• Peregrine CEO Admits To $200M Fraud, Inks Plea Agreement
• $1.6B Nev. Project Developers Sue Lender Over Land Ownership
• Judge Threatens To Bump ResCap RMBS Hearing To 2013
• New Challenges For Real Estate Restructurings
• KPMG Can't Get Fraud Suit Over Rangers Audit Tossed
• Ritz Camera Enters Liquidation After Failing To Find Buyer
• Health Contractor Strikes $30M Deal In Wells Fargo Loan Suit
• Tribune Creditors Can't Appeal $1.5B Bond Order: 3rd Circ.
• Las Vegas Developer Settles $50M Suit With Shareholders
• Calling Card Co. Vivaro Open To Buyout After Ch. 11 Filing
• Former IndyMac CEO Dodges SEC's Risk-Weighting Claims
• MSR Creditors Settle, Allow $1.5B Stalking Horse Auction
• CFTC Pushes For Delay In Returning $123M In Peregrine Funds
• Safe From Avoidance: Electricity Requirements Contracts
• Marketing Co. Sues Ropes & Gray Over Shareholder Fallout
• Ex-Thelen Partners Deserve Hardship Settlements: Trustee
• Bankrupt Ariz. Developer Faces Scrutiny Over Ranch Land
• Producer Wants Judge To Say He Owns 'Whoomp! (There It Is)'
• 'Soft Dollar' Claims — Not Protected By SIPA
• Pa. Gov. Blasts Suit Challenging Harrisburg's Takeover
• Journal Register's $22.5M DIP Loan Gets Conditional OK
• Bankrupt Hawker Seeks OK For $2.9M Land Sale To Wichita
• Illegal Swaps Cost Bankrupt Ala. County $372M, Residents Say
• Feds Poised To Fight Solyndra Ch. 11 Plan Over Tax Breaks
• FSA Considers Customer Fund Changes In Wake Of MF Global
• Feds Object To Builder American West's Ch. 11 Plan
• GSC Lender's Defamation Claims Nixed In Asset Sale Row
• Bondholders Can Depose Elpida Rep In $2.5B Micron Sale Feud
• Saab Creditors Demand Info On Ally's $61M Claim
• RI City Gets Green Light For Ch. 9 Plan
• CIT Must Face Tyco's $190M Tax Claim, 2nd Circ. Says
• Hologic Asks To Pursue Makena Claims Against K-V Pharma
• LightSquared Lenders Object To $6M Incentive Plan
• US Trustee Rips $14M Fees In American Airlines Union Deals
• San Bernardino Approves Emergency Budget
• Verso Paper Ends Talks To Acquire NewPage
• Creditors Want ResCap Held To Ch. 11 Talks
• Judge Passes On Examiner, Taps Trustee For Fletcher Int.
• Herrick Feinstein Nabs Ex-Chadbourne Partner In Newark
• Ex-Dewey CFO Finds New Job At Fla.'s Greenspoon Marder
• Wilmington Sues To Recover $50M Casino Project Guarantee
• Thelen Ruling Could Kill Dewey's Unfinished Biz Strategy
• MF Global Trustee's Claims Assignment Deal Wins Judge's Nod
• Court Gives Dynegy Green Light To Exit Bankruptcy
• Peregrine Trustee Gets OK For GC Salary Boost
• JPMorgan Gets Partial Win In $13M Meritage Contract Suit
• Solyndra Reveals Up To $341M In Tax Breaks
• News Publishing Co. Journal Register Pressed Into Ch. 11
• Case Study: PNC Bank V. LA Development
• GE Capital, Other Lenders To Pay $145M For Paper Recycler
• Ex-Bergstein Atty Escapes $50M Suit Over Bankruptcies
• American Airlines Cleared To Reject Pilot Contracts
• Ex-Kirkland Partner Will Try To Whittle Tax Fraud Case
• Seyfarth Shaw Shakes Thelen Trustee's Clawback Suit
• US Trustee Counters Patriot Coal's Bid To Keep Venue
• MF Global Trustee Wants 2nd Trustee's Claims Reassigned
• NY AG Eyes Transfer In Suit Challenging $410M Merkin Deal
• Debtors May Not Be Able To Keep The KEIP