Bankruptcy Archive » November, 2012

Bankruptcy - November, 2012

222 articles

• Bankruptcy MVP: Kirkland's Paul Basta
• Picard Moves To Stop $80M Fairfield Settlement
• Law360 MVP Awards Go To Legal Top Guns From 52 Firms
• Giddens Reaches $600M Deal With German Lehman Unit
• Supreme Court Review Sought In Philly News Co. Ch. 11 Claim
• Lenders, Others Appeal WR Grace Reorganization Plan
• Journal Register Seeks OK For Stalking Horse Bid
• AMR Seeks Another Ch. 11 Plan Exclusivity Extension
• Solar Co. Satcon Spars With Lenders Over Ch. 11 Deal
• Hellas Hit With Suits Seeking $455M In Unpaid Notes
• Judge Won't Rule Yet On AMR's Bid To Dismiss Class Suit
• Hostess Wins Judge's Final Blessing For Wind-Down
• Dewey Creditors Win Right To Pursue Ex-Executives
• IRS Says Solar Trust's Ch. 11 Plan Denies Its Setoff Rights
• Wis. Says NewPage Ch. 11 Plan Shirks Cleanup Duties
• Cramdown For Real Estate Lenders — Improbable Nightmare?
• How Healthy Is Your Law Firm? Time For A Stress Test
• Lender Wants AstraZeneca Affiliate's Ch. 11 Case Tossed
• Kodak Nets $830M Exit Financing Offer
• High Court Won't Delay Union Vote For AA Workers
• 5th Circ. Upholds Ban On Nondebtor Releases In Vitro Case
• Dykema Gossett Picks Up Bankruptcy Pro For LA Office
• Freedom Debt Buyer Wants French Bank To Foot Defense Bill
• McGuireWoods Says Hospital's Malpractice Suit Still Falls Flat
• Dewey Creditors Defend Right To Pursue Ex-Executives
• Hawker Indenture Trustee Says Ch. 11 Plan Unconfirmable
• CalPERS Looks To Sue San Bernardino Over Missed Payments
• Ex-Military Brass Protest A123 Sale To Chinese Buyer
• In Israel, Expect More From Foreign Buyout, Distressed Funds
• Feds, Trustee Say Southern Air's Plan Disclosure Lacks Info
• Megachurch Founder's $5M Claims Slashed In Bankruptcy Court
• Bankrupt Vertis Gets Nod For $4.3M Employee Bonus Plan
• Judge OKs Vertrue's Ch. 11 Plan Disclosure Statement
• Trico Lenders Seek Contempt Order In $65M Loan Dispute
• Patriot Coal Ch. 11 Case Moved From NY To Mo.
• Ex-CalPERS Official Can't Move SEC Suit To Bankruptcy Court
• Effects Co. Investor Can Challenge $70M Bankruptcy Claim
• Lyondell Unit, Cleanup Site Owner Spar Over Bankruptcy Claim
• Mexican Judge Says Vitro Bondholder Qualms Lack Merit
• San Bernardino OKs $26M In Cuts, CalPERS Payment Deferral
• Commodity Customers Seek Subpoena Of MF Global Execs
• Hostess Union, Pension Fund Want Ch. 11 Trustee
• Don't Underestimate The Scope Of A Bad Boy Guaranty
• Ex-Owner, Texas Rangers Agree To Settle RE Projects Row
• Argentina Bondholders Fight Injunction In 2nd Circ.
• Ark. Baker Joins Pursuit Of Bankrupt Hostess
• Examiner Delays Report On ResCap's $750M Deal With Ally
• Ex-Credit Union Exec Gets 14 Years For Massive Loan Scheme
• Sale Of First Place Bank Cleared For December Auction
• A123 Wins Final OK For $50M DIP Loan From Wanxiang
• Lehman Brothers Reaps $6.5B In Archstone Sale
• NY Entitled To $11.5M For GGP Loan Default, 2nd Circ. Hears
• Tronox, Kerr-McGee Tie Off Monthslong Trial Over Spinoff
• Dewey Files Wind-Up Plan As Ex-Chair Rips 'Personal Attacks'
• Ex-Hostess Employee Brings WARN Act Class Action
• AMR Seeks Pension Change Under New Treasury Rule In Ch. 11
• Oil Tanker Co. Investor Launches Class Suit Over Statements
• 6th Circ. Reinvigorates Stern V. Marshall Debate
• Heller Ehrman Skirts $100M Malpractice Claim Over IP Mishap
• Monitor Group's Ch. 11 Auction Pushed To January
• Treasury Decries Wilbur Ross' $45M Bid For First Place Bank
• Open Range Settles With US Over Axed $267M Stimulus Loan
• US Trustee Questions Intent Of Vertis' Employee Bonus Plan
• Madoff Trustee Goes After Banks Before 2nd Circ.
• Foster Poultry Sues Bankrupt Rival Over Trademark Deal
• Carey Limousine Fights To Keep Ch. 11 Case In Delaware
• Hostess Now Set To Begin Wind-Down With Judge's OK
• Judge OKs RG Steel Retention Pay Over Ex-Workers' Outcry
• Texas Judge Upholds $12M Asarco Asbestos Deal Challenge
• UK Insolvency Judgments — A Retreat From Universalism
• Effects Co. Investors Say Unlawful Penalty Doubled Debt
• Hostess, Bakers Union Fail To Reach A Deal
• 34 Years In, Ch. 11 Is Different, Not Dead: Panelists
• Monitor Group, Creditors Spar Over Speed Of Ch. 11 Sale
• Judge Blocks Patent Claims During Elpida Bankruptcy
• Judge Will Not Broaden Lehman Investor Claims For Now
• Fund Seeks To Stem $61M MSR Default Interest Payment
• Vornado Unit Says Guaranty Binds DSW To Filene Lease
• Exploring The Limits Of A Ch. 11 Discharge
• Saul Ewing Nabs Bankruptcy Pro For NJ Office
• Disabled Employees Say Bankrupt Nortel Targeting Benefits
• Madoff Feeder Fund Seeks $70M In New Clawback Suits
• 4th Circ. Urged To Prevent Bankruptcy-Voided IP Licenses
• Despite Tokyo Case, Elpida IP Deals Held To US Standard
• Calif. Judge Dismisses Mammoth Lakes Ch. 9 Bankruptcy
• 2nd Circ. Asked To Kill Madoff Feeder's Caribbean Bankruptcy
• Dechert Calls Coudert Suit Over Paris Office Deal 'Specious'
• Yellowstone Club Founder Can't DQ Bankruptcy Judge
• Judge To Sign Off On 2 Key ResCap Sales Worth $4.5B
• Gourmet Grocer Demands Continental Cover Burn Claims
• Feds Want 30 Months For Dykstra Over Bankruptcy Fraud
• Yucaipa Loses Bid For Greater Control Of Allied's Debt
• Kodak, CVS End Row Over Kiosk Money, Extend Agreement
• Hope For Hostess As Judge Orders Mediation With Union
• PMI Inks Deal To Split $2.2B In Tax Assets With Subsidiary
• Creditors In $485M Ponzi Scheme Want Broker Fees Returned
• Citigroup Reaches $435M Deal To End Lehman Dispute
• Ampal-American Trustee Objects To Brown Rudnick's Terms
• 546(E) Protects Contracts Beyond The Usual Safe Harbor
• Better Communication In Labor Feud Might Have Saved Hostess
• FHA's $16B Shortfall Adds Urgency To Mortgage Policy Fight
• Hostess Brands Look Appetizing To Rivals, PE Firms
• Syms Rips Cushman's $1.25M Termination Fee Request
• Pinnacle Judge Keeps Pilots Union Ruling Under Wraps
• Tribune Poised To Exit Ch. 11 After FCC Approves Licenses
• K-V Pharma Wins 3 More Months To File Ch. 11 Plan
• Hostess To Liquidate After Spoiled Bankruptcy Efforts
• GOP Sens. Rip US Over $1M Given To A123 During Bankruptcy
• Ally Gets Month To Submit Rival Plan For Saab Bankruptcy
• US Airways Pilots Union Wants Info On Possible AMR Merger
• IRS Says It's Owed $3M In Security Co. Bankruptcy
• Union Urges Court To Block RG Steel Employee Payments
• Don't Forget Your Creditors After Sandy
• Howrey Trustee Objects To Class Action Against Ex-Partners
• ArcelorMittal Gets $450M To Exit S. African Mine Venture
• IRS Pension Rule Change Will Resonate Well Beyond AMR Case
• Trustee Wants Telemarketer's Bankruptcy Bumped To Ch. 7
• SEC-CFTC Merger Pushed In Wake Of MF Global
• $90M Sale Of Solyndra Factory, HQ To Seagate Gets Clearance
• Patriot Coal Gets 6-Month Extension To File Ch. 11 Plan
• Cash-Strapped American Laser Converts To Ch. 7
• Hostess Threatens Liquidation If Strike Continues
• Hotel Wants Chance To Make Up Missed Mortgage Payment
• Madoff Relative Loses Standing Defense To Clawback Suit
• WARN Class Asks Judge To Deny AFA Exclusivity Extension
• Nanya Can End DRAM IP Case Against Elpida, ITC Judge Says
• NewPage Creditors Demand Docs On Cerberus Deal
• Marathon Withdraws Bid To Probe AMR Debt Swap
• House Republicans Blame Corzine For MF Global Collapse
• Barclays' $8M Suit On Hold As Ex-Soccer CEO Seeks Ch. 15
• Kodak Wins 2nd Extension Of Ch. 11 Exclusivity
• Oil Shipper Overseas Shipholding Enters Bankruptcy
• FDIC Liable For MBIA's IndyMac MBS Losses, DC Circ. Told
• Dewey Wants Bonus For Dodgers Bankruptcy Work
• Argentina Wants 2nd Circ. To Revisit $1.4B Payout Order
• Kodak Scores New $793M Deal To Grease Bankruptcy Wheels
• Delta Petroleum Trustee Slams Akin Gump's $1M Fee Request
• MF Global Commodities Customer Can't Get Priority Status
• McDermott Lures Ex-DLA Piper Restructuring Partner
• ResCap Unit GMAC Hit With Suit Over Servicing Agreement
• Advisers Defend Work On Troubled Harrisburg Incinerator
• Terra Verde Pays Bankrupt Lender $45M For Calif. Development
• The Importance Of The 5th Circ. Vitro Holding
• Dewey Creditors Seek Right To Sue Ex-Directors
• Bakers Union Strike Spells End Of 3 Hostess Bakeries
• AMF Bowling Again Spins Into Ch. 11
• Allied, Yucaipa Want First-Lien Fight Settled In Del.
• Solar Trust Creditors Challenge German Parent's $211M Claim
• Monitor Secures $15M DIP, Seeks Quick Sale To Deloitte
• Argentina Must Obey US Court Order To Pay $1.4B, Judge Says
• Fletcher Ch. 11 Trustee Wins Subpoena Power
• New IRS Rules Allow AMR To Freeze Pilot Pension Plans
• Kodak Ducks Claims It Misled Investors On Road To Ch. 11
• Nanya Drops Elpida ITC Patent Suit In Light Of Micron Deal
• France OKs Eurotunnel's €65M English Channel Ferry Buy
• Ally, ResCap Agree To Hand Loan Files Over To FHFA
• Movie Effects Maker For Disney, Marvel Gets Asset Sale OK
• Saab Says Liquidation Plan By Ally Would Be Unnecessary
• Barclays Wins Dismissal Of $143M Unfair Transfer Fee Suit
• Elpida, US Creditors Debate IP Deals That Tokyo Court OK'd
• Bankruptcy Filings Drop In 2012, But Attys See More Ahead
• Monitor Enters Ch. 11 With Deloitte As $116M Stalking Horse
• Fannie Mae Says $3B ResCap Deal Has Left It In Dark
• Hostess Union To Fight Judge's Rejection Of Labor Contracts
• Shearman & Sterling Shirked 'Lawyering Duties,' Client Says
• How Auditors Can Better Predict Bankruptcy
• US Bank Says American Airlines Must Pay To Refinance
• WR Grace Says Propex Concrete Fibers Violate Patents
• Bankrupt A123 Cleared To Auction Assets As Interest Mounts
• Former Chem Rx Execs Dodge Trustee's Suit Over 2007 Buyout
• American Suzuki's $45M DIP Loan Agreement Gets Approved
• Dewey Gets Green Light To Subpoena Clients Over Unpaid Fees
• Mosaid Seeks To Sue Bankrupt Elpida Over DRAM Patents
• Boutique Investment Bank ThinkEquity To Liquidate In Ch. 7
• Arcapita Gets OK For $125M DIP Loan From Fortress
• Trustee Balks At $4.2M Bonuses For A123 Execs
• Yellowstone Investors Slam Challenge To $26M Settlement
• Suit Over Tribune LBO May Disrupt Markets, Shareholders Say
• 11th Circ. Nixes Colleges' Challenge Of Celotex Asbestos Deal
• Look Before You Leap At Capital Commitments As Collateral
• Judge Junks American Airlines Suit Against NMB Union Ruling
• Kodak Gets Go-Ahead To End Retiree Benefits
• PE-Backed Big Island Carbon Files For Ch. 7 In Del.
• Madoff Investors Settle For $80.3M Against Fund Managers
• NewPage Cleared To Send Ch. 11 Plan To Creditors For Vote
• Pa. Power Plant Funding Entity Hits Ch. 11 With Debt Plan
• Goldman Sachs, Others Want $900M Guaranty MBS Suit Nixed
• Time Says Anderson Lied About Meeting In Antitrust Suit
• US Objects To Ocwen's $3B Bid For ResCap Servicing Biz
• Citing Sandy, Quigley Seeks More Voting Time For Ch. 11 Plan
• US Suzuki Distributor Skids Into Bankruptcy Amid Low Sales
• Bankrupt RG Steel Secures $4.4M Bid For W.Va. Plant
• Texas Rangers Want Ex-Owner Forced To Unveil Capital Sources
• New Ch. 11 Fee Standards May Be Big Burden For Little Return
• WaMu Noteholders Don't Belong In $10B Suit, DC Circ. Told
• Wanxiang Cleared To Loan $50M To Bankrupt A123
• PwC Added To MF Global Securities Class Action
• Mission West Inks $1.3B Deal To Sell All Properties
• High Court Wants US To Weigh In On Arbitrators' Authority
• FDIC Hits Colonial Bank Auditors With $1B Negligence Suit
• Megachurch Founder Seeks $5M in Bankruptcy Court Claim
• Bankrupt AFA Foods Fights Proposed Switch To Ch. 7
• Hostess, Unions Win Judge's Blessing For 'Integral' Deals
• Mervyn's Creditors' $166M Deal With PE Firms Gets OK
• Asbestos Committee Can Join Garlock Personal Injury Case
• Circuit City Resolves LCD Price-Fixing Claims Against LG
• Fellow Creditors Slam Yucaipa's Role In Allied Systems Ch. 11
• Cheap Natural Gas, EPA Regs Claim Another Coal Mine
• Dan Marino Charity Can Keep Rothstein Money
• A123, Wanxiang Deal Raises Security Concerns, Geithner Told
• Trademark Licenses Are Executory Contracts In Bankruptcy
• American Airlines Parent AMR Rips Probe Into $2B Debt Swap
• IRS Appeals Solyndra Ch. 11 Plan Over PE Tax Breaks
• MF Global Trustee Dealt Blow in UK Repo Fight
• Howrey Equity Holders Targeted In Adversary Suit
• Judge OKs Vertis' $150M DIP Financing, Bid Procedures
• Kodak Creditors Want To Pursue Claims Against Debtholders
• RI Sues Banks, Ex-Baseball Star Over $75M In Biz Loans
• Wanxiang Aims To Take Lead At A123 Bankruptcy Auction
• Japanese Court Approves Micron's $2.5B Bid For Elpida
• Pointers For PE Firms — Post Sun Capital ERISA Ruling
• Mapping The Pre-Election Landscape