Bankruptcy Archive » October, 2012

Bankruptcy - October, 2012

228 articles

• 2 Faegre Baker Lawyers Appointed To Bankruptcy Bench
• Garlock Wants Asbestos Claimants Barred From Injury Case
• Krones Inflated $184M Le-Nature's Deal, Marshall Says
• Auto Parts Co. Escapes Chrysler Defect Indemnity Suit
• Unsecured Dewey Creditors Want Ex-Partners Committee Gone
• Judge OKs $500M Indy Downs Sale To Rival Centaur
• Bankrupt Vertis Blasts Creditors For 'Hold-Up' Tactics
• Creditors Of Landmark Chicago Hotel End Loan Repayment Row
• DiamondJacks Casino Owner Floats Restructuring Plan
• Peregrine Ch. 7 Trustee To Subpoena Auditor, Other Firms
• Inspiration Biopharmaceuticals Files For Ch. 11, Seeks Buyer
• Capital Woes Push Nova Financial Into Chapter 7 Liquidation
• Barnes & Thornburg Adds Jones Day, K&L Gates Attys
• American Pilots Say AMR Could Seal Deal By Giving Ground
• Fisker Fights A123's Bid To Terminate Battery Contract
• Hawker's New Ch. 11 Plan Ditches Jet Product Line
• MF Global's UK Administrator Seeks Ruling On Claims Values
• FDIC Appeal Tossed In Imperial Bankruptcy Suit
• San Bernardino To Defer CalPERS Payments Amid Ch. 9 Woes
• Dewey Presses Judge To Disband Ex-Partners Committee
• Wells Fargo, PNC Object To ResCap Business, Loan Sales
• NewPage Asks Bankruptcy Judge To OK $850M Exit Financing
• A Landmark UK Ruling Affecting Foreign Bankruptcy Judgments
• Bergstein Film Library Suit Stuck In Bankruptcy Court
• Bankrupt A123 Seeks Approval Of $50M Loan From Wanxiang
• Lenders Rip Chicago Developer's Ch. 11 Plan, $195M Sale
• ResCap MBS Plaintiffs Want Docs Protected Following Sales
• Bankruptcy Judge Rejects American West's Ch. 11 Plan
• 6th Circ. Revives Bankrupt Ex-Worker's Wet Seal Bias Claim
• Tanker Co. Hit With Investor Class Action Over Debt Issues
• UK Competition Regulator Probes Eurotunnel's €65M Ferry Buy
• BioTech Firm Says Heller Ehrman Patent Gaffe Cost It $100M
• First Place Financial Files Ch. 11 To Aid $45M Bank Sale
• Ignorance Is Not Bliss: 'Sham Affidavit' In 9th Circ.
• Fisker, Others Seek Changes To A123 Bankruptcy Auction
• Key Bankruptcies Focused On Valuation, Credit Bids: Experts
• Bankrupt Solar Co. That Got DOE Loan Faces Criminal Probe
• Fontainebleau Contractors Trump Lenders, Nev. Court Rules
• Verizon, US Bank Wrap First Phase Of Idearc Spinoff Trial
• Harbinger Fires Back At Suit Over $3B LightSquared Deal
• Dewey, Fifth Third Trade Shots Over Office Furniture Sale
• Van Gilder Insurance's Ex-CEO Indicted For Insider Trading
• Cynergy Wants Creditor Sanctioned For Discovery Delays
• Bankruptcy Pros Examine 'Hot' Unsecured Lender Issues
• Dewey Ex-Partners Committee Fights Against Dissolution
• Berkshire Lays Down $1.5B For ResCap Loan Portfolio
• Ferrovial Puts Madrid Toll Road Into Bankruptcy
• Ex-Verizon CFO Testifies $9.9B Idearc Spinoff Was Not 'Sneaky'
• Allied Creditors Can't Delay Hearing For NY Proceeding
• One-Stop Debt Is Smoother, But Untested In Bankruptcy Court
• Delta Petroleum Trust Sues To Escape $10M In Banker Fees
• Hostess Pension Plans Attack Bankruptcy Settlement Offer
• San Bernardino Workers Say City Didn't Haggle With Creditors
• NY Separate Entity Rule Upheld In Foreign Assets Row
• FDIC Can't Score JPMorgan Docs In $10B Deutsche Bank Suit
• Retired Coal Miners Sue Peabody, Arch Over Patriot Spinoff
• Elpida Patent Pledge OK'd Amid Discord Over Micron Sale
• Ocwen's $3B Bid For ResCap Servicing Biz Tops Nationstar
• Oilsands Investors Go After Execs In $136M Overvaluation Suit
• Sun Capital Ditches Pension Fund's $4.5M Claims
• AstraZeneca Affiliate Running Factory Cleanup Enters Ch. 11
• Some 6th Circ. Employers May Be Owed FICA Tax Refunds
• American Laser Wants Ch. 11 Converted To Ch. 7
• Article 9 Foreclosure Sales: A Win-Win In Calif.
• American Airlines Creditor Wants Probe Into $2B Debt Swap
• Trustee Fights Dewey's Bid To Disband Ex-Partner Committee
• Analysts Say Idearc Was Strong Enough For $9B Debt
• Bankrupt A123 Unveils $4.2M Bonus Plan For Top Brass
• International Paper To Pay $80M To End GFG Trustee's Suit
• Circuit City, Chi Mei Settle LCD Price-Fixing Claims
• Bankrupt Ala. County Sued Over $4M Inmate Health Care Deal
• Lehman Unit Seeks Coverage In $15M SunCal Bankruptcy Fight
• AA Has No Grounds To Review Union Ruling, 5th Circ. Hears
• MF Global Trustees Get WARN Act Case Shut Down
• Liberty Claims Law Firm At Liability Coverage Limit
• Judge Says No Dice To ResCap Homeowners Committee
• Bankrupt LightSquared Gets Incentive Plan OK
• Nondischargeable Debts: Some Lies Matter More Than Others
• Lyondell MTBE Claimants Object To $450M Settlement Plan
• Indy Downs Fights For $500M Sale, Ch. 11 Plan
• Developer Eyes Ch. 11 Exit With $195M Chicago Property Sale
• K-V Pharma Reaches $7.5M Deal With Zydus Pharma
• Wells Fargo Can't Nix Bondholder Suit Over Lender's Default
• Haskell Sues Travelers, Others For Cleanup Coverage
• Arcapita, Standard Chartered Reach Deal Over $100M Financing
• FDIC Wants $900M Suit Over Guaranty MBS In State Court
• Dewey Retirees To Appeal $71.5M Clawback Deal Approval
• Corzine Sees No Fraud In 'Confident' MF Global Statements
• Legal Industry Trends: Lawyer Salaries And Job Growth
• Tanker Co. Mulls Ch. 11 Following Tax, Loan Issues
• Solyndra Gets Green Light For Ch. 11 Plan Over US Objection
• Bankruptcy Trustee's Avoidance Rights Are Nearly Limitless
• Verizon Can't End US Bank Trial Over $9.9B Idearc Spinoff
• Hedge Fund Creditors Criticize AMR For Lack Of Transparency
• Ally Blasts Saab's Ch. 11 Plan, Will Devise Alternative
• Arcapita Eyes $150M DIP Deal By Tuesday
• Bankruptcy Judge Denies Probe Of NJ Hospital Sale
• Creditor Questions Mervyn's $166M Settlement With PE Firms
• Patriot Coal Seeks 6 More Months To File Ch. 11 Plan
• Dewey, Insurer Agree On $7M Soft Cap For Defense Costs
• In Re Texas Rangers: Lenders Strike Out
• A View From Inside The Litigation Finance Market
• Satcon Gains Access To Cash Collateral In Ch. 11 Case
• Verizon Official May Be Called To Court For US Bank Trial
• Saab's North American Unit Delivers Ch. 11 Liquidation Plan
• Chinese Firm Renews Pursuit Of Bankrupt Battery Co. A123
• ResCap Judge OKs 2nd Try At Employee Incentive Plan
• MSR Creditor Seeks New Sale In Light Of Anti-Competition Pact
• Hawker To Emerge As Stand-Alone Co. After Failed $1.8B Sale
• Consider A Receiver For Your Restructuring And Turnaround
• Bankrupt San Bernardino Gears Up For CalPERS Face-Off
• Solyndra Battles IRS In Court Over Ch. 11 Plan
• US Bank Expert Slams Verizon's Data In $9.9B Idearc Deal
• Rule Gives FDIC Power Over Contracts With Failed SIFIs' Units
• Prudential's $27M Suit Over Ethanol Plants' Sale Headed To Trial
• Solar Power Converter Satcon Technology Enters Ch. 11
• Asbestos Victims Urge 2nd Circ. To Overturn $510M Loss
• Corporate Bankruptcy Budgets To Get A Boost In 2013, GCs Say
• 2nd Circ. Favors Appellees Under Equitable Mootness
• Atty's Bottle Of Wine Apology Not Enough To Stop Sanctions
• RIM Can't Shake Kodak Patent Claims, Judge Says
• SEC Opens Inquiry Into Bankrupt Calif. City
• NY Appeals Court Tosses Vitro's Suit Against Creditors
• Verizon Exec Defends Idearc Spinoff In US Bank Trial
• Car Battery Co. Files Ch. 11 To Ease $125M Sale To JCI
• US Demands Solyndra Tax Break Docs Before Key Hearing
• Bankrupt Trident Lays Out Plan To Divvy Up $79M In Cash
• Lear Says Bankruptcy Kills Car Parts Price-Fixing Suit
• Patriot Coal OK'd To Seek Extension On Enviro Deadlines
• Stuy Town Tenants Seek Bondholder Help In Speeding Sale
• FHFA Denied Quick Discovery Of ResCap Docs In MBS Row
• WR Grace Cuts $2M Deal To End Asbestos Insurance Battle
• Security National Units Seek Ch. 11 Vote With New Disclosure
• Calif. Investors' Lehman Collapse Suit Moves Forward
• US Bank Opens Trial Over Verizon's $9.9B Yellow Pages Split
• Prudential's Suit Over $200M Ethanol Plant Sales Pared
• Dewey Wants Authority To Collect $154M From Ex-Clients
• UK Fraud Office Nixes Probe Into Icelandic Bank Collapse
• The Treasury's Harder Look At Developer Fees
• Solyndra Fires Back At IRS Over Ch. 11 Plan Tax Breaks
• Developer Of Failed Wayne Newton Museum Files Ch. 11
• Ruden McClosky Bankruptcy Plan Gets Green Light
• Vertis Locks In $150M DIP Package Ahead Of Planned Sale
• $415M For Merkin Deal Is Not Madoff Estate Property: NY AG
• Solyndra Lobs Cartel Allegations At Chinese Solar Cos.
• Deutsche Drops BofA, Others From Tribune LBO MDL
• Blogger Asks 9th Circ. To Void Obsidian's $2.5M Verdict
• Judge Won't Toss $42M Madoff Feeder Clawback Suit
• Daffy's Urges Confirmation Of Ch. 11 Plan Over Objections
• Dechert, Others Can't Weigh In On K&L Gates Malpractice Case
• Time, Others Warn Supreme Court Of Twiqbal Threat
• Ex-Partners Committee To Appeal Dewey Clawback Ruling
• Ex-Rangers Owner Blasts JPMorgan Expert In Bad Deal Suit
• Kodak Kickstarts Ch. 11 Plan Talks With Creditors
• Akin Gump Lands Corporate Aces From Haynes And Boone
• Indy Downs Creditors Say $500M Sale Isn't In Good Faith
• 'Pink Slime' Meat Co. AFA's Creditor Settlement Gets Nixed
• Peregrine Forex, Metals Clients To Sue Over Funds, Atty Says
• MF Global Inc. Trustee Earns Nod To Process 7,000 Claims
• Hostess Ch. 11 Plan Shuts Out Unsecured Creditors, Cuts Pay
• Dewey Asks For Dissolution Of Ex-Partners Committee
• Diocese In Abuse Scandal Files Malpractice Suit Over Ch. 11
• Moody's Review May Not Hamper Calif. Cities' Credit Access
• Kodak, Retirees Come To Terms On Benefits' End
• Vertis' 3rd Trip Through Ch. 11 To End In $259M Sale
• Allianz Insurers' $69M Plant Insulation Deal Left Intact
• IRS Says Solyndra's Ch. 11 Plan Is Ploy To Skirt Taxes
• TerreStar Networks Parent's Ch. 11 Plan Confirmed
• Fashion Co. Connaught's Ch. 11 Plan OK'd After $22M Sale
• Trial On ResCap's $9B RMBS Deal Pushed To January
• Peregrine CEO To Stay Jailed Before $100M Fraud Sentencing
• Arcapita Gets 2 More Months To File Ch. 11 Plan
• Dewey's $71M Ex-Partner Clawback Deal Wins Court Approval
• Dewey Criminal Probe Gains Steam But Hurdles Remain
• Union Says Private Creditors Hog Solyndra Ch. 11 Dollars
• Sunnyslope Bankruptcy Case: Bad News For Secured Lenders
• Rising Feed Prices Have Poultry Co. Cooped Up In Ch. 11
• Litigation Privilege Doesn't Block Malpractice Claims, Court Says
• Mervyn's Creditors Land $166M Deal In PE Buyout Suit
• AMR Bankruptcy Judge Mulls Pilots' Contract Stay Bids
• Indy Downs CEO Gets OK To Examine Winning Bidder's Docs
• Kirkland Can't Duck Indalex Suit Over $76M Dividend Fraud
• WARN Class Wants 'Pink Slime' Bankruptcy Turned Into Ch. 7
• 4Kids Ch. 11 Plan Eyes Full Payout For Unsecured Creditors
• Caterpillar Fights Bid To Move Patriot Ch. 11 Case
• Lehman Reaches Blockbuster $38B Deal With European Unit
• Conoco's $205M MF Global Row Moved From Bankruptcy Court
• Grubb & Ellis Faces $30M Suit Over Office RE Scheme
• Judge Dismisses WaMu Trust Suit Against D&O Insurers
• Mogul Forces Trial In Suit Over Film Co. Takeover, Bankruptcy
• 4th Calif. City Braces For Bankruptcy Amid Budget Woes
• Arcapita Defends Ch. 11 Extension Bid After Lenders Object
• 2nd Circ. Tells Court To Hear Bankruptcy Appeal In Dante Case
• Lehman Units End $6B Row With $550M Allowed Claims
• Dewey Judge Says $72M Clawback Ruling Should Come Soon
• Contec Gets Nod For Ch. 11 Plan That Cuts Debt By 85%
• Will Dodd-Frank End Up In Supreme Court?
• Vitro Squares Off With Bankruptcy Plan Objectors In 5th Circ.
• Stroock Adds Partner With Banking Background In LA
• Hostess Gets Nod To Implement New CBAs On Unions
• Peregrine CEO's Guilty Plea Accepted By Judge
• Commercial Bankruptcies Slip 22% in 2012, ABI Reports
• FDIC Asks DC Circ. To Kill MBIA's IndyMac Suit Revival Bid
• Travelers Urges 2nd Circ. To Uphold $510M Asbestos Win
• Dewey Backs Off Contentious Exec Bonus Plan
• 5th Circ. Gives Go-Ahead To American Airlines Union Vote
• Broadview Ch. 11 Plan Earns Nod Despite High River Protest
• US Bank Can't Limit Evidence In Verizon Spinoff Trial
• Omega Creditors Get Nod To Solicit New Bidders For Assets
• Creditor, Others Challenge 'Pink Slime' Co. AFA's Settlement
• Ruden McClosky Client Wins $5M Verdict In Malpractice Case
• Aramid To Dodge Claims In Bergstein Film Loan Suit
• US Trustee Wants Plastech Ch. 11 Converted To Ch. 7
• Ally Objects To ResCap's Proposed Deal With Nationstar
• Chartis Sued Over $25M In Airline Bankruptcy Losses
• Wells Fargo, Others Say Forced Bankruptcy Suit Lacks Facts
• Broadview Urges Confirmation Of Prepack Ch. 11 Plan
• DLA Piper Malpractice Suit Killed By Lack Of Expert Testimony
• NewPage Seals Accord With Creditors On Ch. 11 Plan
• Ex-IndyMac CEO Settles Final Securities Claim With SEC
• Hedge Fund Group Backs Lehman Trustee's Appeal Over Sale
• Southern Air Gets Thumbs-Up For $12.5M DIP Loan
• Anschutz Can't Dodge Asarco Suit Over $80M Mine Cleanup
• WaMu Bondholders' Suit Over 'Fire Sale' To JPMorgan Pared
• LightSquared FCC Filing Buys It More Time To File Ch. 11 Plan
• Trustee Urges High Court To Question CMS Payment Decisions
• High Court Refuses To Hear Insurer's Bankruptcy Arbitration Bid
• Hobgoblins Return To Haunt Bankruptcy Claims Traders