Bankruptcy Archive » January, 2013

Bankruptcy - January, 2013

219 articles

• Elpida Bondholders Fight Back Against Patent Deal Approvals
• MF Global Deal Greases Return Of Customers' Millions
• Powerwave Lender's Cash Grab Prompted Ch. 11, Atty Says
• Coudert's Claims Slashed In $9M Peabody Contract Row
• The US View Of Non-US Regulatory 'Bail-In' Powers
• Bankruptcy Court OKs $298M ResCap-Fannie Mae Settlement
• Hawker Nears End Of Bankruptcy As Judge OKs Pension Deal
• Morgan Lewis Advises Apollo On $410M Twinkies Bid
• Former Peregrine CEO Gets 50 Years For $100M Fraud
• 2nd Circ. Lets Daimler Off Hook In $4B Chrysler Feud
• Judge OKs School Specialty's $50M DIP Despite Objections
• JPML To Mull Novel Bankruptcy Shift In Meningitis Cases
• 2nd Circ. Backs Algonquin's Stake In $11M Malpractice Award
• Distributor Returns Fire As Battle With Vivaro Heats Up
• Revstone Chairman Takes Issue With Creditors' Counsel
• The Latest Opinion On Asset Sales Under Section 363
• Kodak Strikes Deal To Use Lens System Trademarks
• Bimbo Urges Halt To DOJ-Ordered Sara Lee Sale
• Metro Fuel Ch. 11 Case Running On Fumes, Bank Says
• School Specialty Creditors Say $50M DIP Is For Lender's Gain
• Private Equity Team Offers Hostess $400M For Twinkies Brand
• PBGC Says RG Steel Parent Hid Deal To Duck $97M Bill
• ResCap To Close $3B Mortgage Biz Sale By Mid-Feb.
• UK Watchdog Clears E&Y Over Lehman Client Funds Audit
• Judge OKs $3B Deal Handing Aussie TV Co. To 2 PE Firms
• Judge OKs Bankrupt Telecom Co.'s $36M Verizon Settlement
• Tomato Grower Enters Ch. 11 To Sprout Asset Sale
• CORRECTED: Vivaro Sues Distributor For $1.1M Over Missed Payments
• Kaye Scholer Admits 'Mistakes Were Made' In GSC Disclosures
• US Clears Chinese Co.'s $257M Bid For Bankrupt A123
• Fiesta Holdings — Or Is It Siesta Holdings?
• Bankrupt Satcon Opens Auction To Partial Bids, Liquidators
• Little Debbie Maker Offers $27.5M For Hostess' Drake's Brand
• Ex-WaMu Exec Seeks $1.3M From Liquidating Trust
• AA Workers Would Get Pay Raise In US Airways Merger
• LodgeNet Checks Into Bankruptcy With Official Ch. 11 Filing
• Judge Freezes Assets Of Execs Tied To Meningitis Outbreak
• Encouraging Signs For Leveraged Loans In 2013
• Low Sales Push Wireless Co. Powerwave Into Ch. 11
• Ex-Dewey Partners Forced To Share Lucrative IP Client
• NY AG Slams Madoff Trustee's Delay In Fighting $410M Deal
• No Clear Disclosure? No 3rd-Party Release In Ch. 11
• Bankrupt School Specialty To Sell Assets To PE Firm
• Peregrine CEO's Ex-Wife Got $2.5M In False Funds: Trustee
• Allied Creditors Move To Bury Owner Yucaipa's Claims
• 2nd Circ. Lets A&P Check Out Of Transport Co. Layoff Claims
• BNY Mellon Can't Dodge Bondholder Suit Over $8M Settlement
• Dewey Rings Up $7.1M Settlement With Italian Affiliates
• $390M Stalking Horse Bid For Hostess Bread Biz Gets OK
• Nortel Mediation Hits Dead End, Leaving $9B Untouched
• Bankrupt Laser Co. Battles Bid To Force Liquidation
• Taxable COD Income Now More Likely In Restructurings
• Telecom Co. Appeal Late, Despite Missed Notice: 2nd Circ.
• Dreier Trustee Demands Ex-IP Head, Partners Cough Up Funds
• Atari Gets New DIP Lender As Judge Blasts Prior Deal
• 5th Circ. Snubs Challenge To Lothian Bankruptcy Deal
• Dewey Judge Skeptical Of Firm's Push To Toss Layoff Suit
• Dems Want Private Student Loan Discharges In Bankruptcies
• Ex-CEO Of DVI Unit Ducks Securities Suit Over Bankruptcy
• Fannie Won't Block $3B Rescap Sale After $298M Settlement
• Lehman Investors Win Class Cert. Against Ernst & Young, UBS
• Bankrupt Game Maker THQ Scores $71M By Splitting Assets
• AMR Gets OK On Purchase Deals With Boeing, Airbus, Others
• Kasowitz Defends Fees Request In Dewey Ch. 11 Case
• Marketing Co. Vertrue Scores OK For Ch. 11 Plan
• Ex-Howrey Workers Win Class Cert. In WARN Act Case
• Hostess Creditors Say Breakup Fee Promises Too Much Dough
• Bankrupt ATP Seeks To Unload Its Deepwater Properties
• Sterlite Sued Over Legal Fees From Failed $2.6B Asarco Deal
• Wayne Newton Wants To Float Plan For Bankrupt Developer
• LandAmerica Trustee Seeks OK On $58M Sale
• A123 Creditors Can't Bar JCI From $5.5M Breakup Fee
• Judge Dents Claims That Verizon Overvalued $10B Spinoff
• Hilco UK Buys Up Bankrupt Music Retailer HMV's Debt
• Apollo-Led Group Ready To Unwrap Twinkie Bid
• Ex-Peregrine CEO Stole $215M From Investors, Feds Say
• Dewey Says Ex-Workers Cutting Corners With Layoff Suit
• 7th Circ. Unpierces The Veil: Command Video V. Roti
• Zacky Farms Kept In Family Hands With $31.6M Auction Sale
• Nortel Settles Benefits Feud With Disabled Employees
• Relators With $2B FCA Claim Object To Hawker Ch. 11 Plan
• Game Over For Atari As Arcade Giant Enters Ch. 11
• Ex-Princeton Review Owner Seeks Ch. 11 To Restructure Debt
• Vertrue Urges Judge To Confirm Ch. 11 Reorganization Plan
• Stradley Ronon Can't Preempt Sovereign's Malpractice Suit
• Kodak Dodges Pricey Payout In SC Pollution Settlement
• Bankrupt RG Steel's Creditors Take Aim At Renco Chief
• Judge Greenlights Hostess Deal To Pay ACE Insurance Debt
• JPMorgan, Trustee Object To Dewey Bankruptcy Fee Claims
• Greenberg Traurig To Mediate Heller Ehrman Malpractice Suit
• Putting The Stockton Bankruptcy In Perspective
• Wilson, Prince Settle Tennis Net Patent Fight
• MF Global Execs, PwC Call Investors' Case Flimsy
• Tribune Plans To Drop Most Clawback Suits Against Execs
• Grocery Chain Beats Antitrust Suit Over Produce Restrictions
• Hawker Judge Tells Attys To Inform Retirees On PBGC Deal
• Citibank Denied Win In Ex-Dewey Partner Loan Fight
• Bankruptcy Group Of The Year: Akin Gump
• How Bankruptcy Can End Environmental Cleanup Obligations
• American Airlines' $1.5B Financing, Debt Repayment OK'd
• Elpida Patent Deals OK'd Over Bondholder Objections
• Pinnacle's Liquidation Fears Fade As Financing Arrives
• Lehman Looks To Free Funds By Paring $565M US Air Claim
• ResCap $130M FHA Loan Sale Proceeds, But Protests Linger
• Geokinetics Plans Ch. 11 Filing To Shed $300M Bond Debt
• Mayer Tells 7th Circ. 'Absurd' Malpractice Suit Rightly Nixed
• Ex-Thelen Partner Clawback Deal Paves Way For More Pacts
• OSG Wants Actions Against Execs Halted During Ch. 11
• Bankruptcy Group Of The Year: Weil Gotshal
• FASB Calls For More Disclosure On Repurchase Deals
• Bankrupt Miami Condo Works Out Deal With Unit Owners
• Kodak Pushes Court To Ax Kyocera Infringement Claims
• Ritz Camera Heads To Ch. 7 After Failing To Sell Assets
• In Re Zota's Place In The 363 Sale Debate
• AA Pilots See $522M Silver Lining In Eyed US Air Merger
• RG Steel Sues To Wind Up Coke Fuel Joint Venture
• Wiley Rein Picks Up Bankruptcy Vet From Dickstein Shapiro
• NJ High Court Tackles Post-Ch. 11 Asbestos Coverage Row
• Bankruptcy Practice Group Of The Year: Morrison & Foerster
• JCI Cites Free Speech In $5.5M Feud With A123 Creditors
• Ex-GSC Workers Want Trustee Booted For Cloaking His Ties
• Dorsey & Whitney Nabs 5 Bankruptcy Pros From Boutique Firm
• CORRECTED: Omega Looks To Sell Assets After Judge Halts Settlement
• Ex-Rangers Owner, JPMorgan Call Truce In Creditor Dispute
• Canadian Judge Acquits Ex-Nortel Execs Of Accounting Fraud
• Hostess, Insurers Propose Deal Over Policy Collateral
• Pinnacle Gets 90 More Days To File Chapter 11 Plan
• Insurer Ducks Duty To Indemnify Lender In $100M Project Row
• Justices Invite SG's Opinion In Pfizer Asbestos Case
• Bankruptcy Group Of The Year: Kramer Levin
• Flowers Foods Puts Up $390M For Hostess Bread Biz
• Texas Hardware Wholesaler Seeks To Retool in Ch. 11
• Broker Penson Worldwide To Finish Liquidation In Ch. 11
• McDreamy's Charm Didn't Taint Tully's Auction, Judge Says
• Monitor Co. Gets Judge's Thumbs-Up For $116M Deloitte Sale
• Creditors Take The Lead In Offering 1st MF Global Plan
• DC Circ. Denies Shutdown Benefits To Mine Co. Workers
• Asarco Keeps DuPont, Others In $150M Mine Cleanup Suit
• Nonunion Retirees Shafted In Hawker Deal, Court Told
• Bankrupt Amcore To Pay $3.3M To Settle ERISA Suit
• NY Bankruptcy Boutique Folds Into DelBello Donnellan
• Kodak's $525M Digital Imaging Patent Sale Gets Green Light
• US May Object To Proposed $130M ResCap Loan Auction
• Ex-Construction Manager Wants In On Waterscape Settlements
• Fairfield Sentry Can't Undo Sale Of $230M Madoff Claim
• 2nd Circ. Won't Send Argentina Bond Contract Issue To NY
• US Calls Foul On MSR Resort's Ch. 11 Plan
• Insurers Can Proceed With MF Global Appeal Over $141M Loss
• Clawback Deals In Planned $116M Monitor Sale Irk Creditors
• 2nd Circ. Mulls Travelers' Exit From $510M Asbestos Deals
• Harrisburg Council Members' State Takeover Suit Nixed
• Bankruptcy Group Of The Year: Jones Day
• Kodak Trustee Slams Nixon Peabody's Unexplained Billing
• Exide Loses Bid To Reclaim Battery Mark From EnerSys
• Court Weighs Reviving $1M Porter Hedges Malpractice Suit
• Creditors Rip Monitor Group's $6M Cash Collateral Request
• OpenGate's Golden Guernsey Dairy Files For Ch. 7
• Harbinger Fights LightSquared Lenders Over $264M Loan
• Revstone Creditors Get OK To Investigate Chairman
• Shearman Dodges Malpractice Suit Over Bad Investment
• Roetzel Adds To Fla. White Collar, Creditors' Rights Teams
• Apollo May Bid For Hostess Snack Business
• SEC Sues KPMG Execs Over Bungled TierOne Audits
• Lehman Stresses Tax Exemptions Amid $6.5B Archstone Sale
• Judge Nixes $1.6M Bonus Plan For Bankrupt Satcon
• FCStone Ordered To Return $15.6M Sentinel Payout
• Company Planning Trump Tower in Philly Files Ch. 11
• Suit Claiming Kodak Hid Bankruptcy Plans Reopened
• Nokia, Nintendo Object To Kodak Patent Sale Order
• Howrey Creditor Defends Bid To Bring Alter Ego Claims
• DOJ Wants Trustee In Meningitis Pharmacy Bankruptcy
• Ex-MF Global Customers Lose Bid To Depose Corzine, Others
• Dykema Opens Minneapolis Office With IP, Corporate Focus
• Colonial Auditor Wants FDIC's $1B Malpractice Suit Axed
• Banks, Bondholders Fight Argentina Injunction In 2nd Circ.
• Dreier Trustee Nets Clawback Deal Over Penthouse Payments
• Sovereign Strikes $9M Deal In Ocala Fund Transfer Suit
• RG Steel Goes After $100M In Flurry Of Clawback Suits
• US Trustee Wants Kaye Scholer Booted From GSC Bankruptcy
• Homeowners Want Stay Lifted To Sue WL Homes Insurers
• THQ Reaches 11th-Hour Deal For Ch. 11 Sale
• Madoff Clawback Suits Must Stay In Bankruptcy Court
• Dewey Judge Gives Disclosure Statement The Green Light
• Outten, Blum Collins Spar To Rep Howrey Class In WARN Suit
• JPMorgan Wants FDIC Coverage In WaMu Bondholder Suit
• 3-D Patent Bankruptcy Sale Halted For Disney Appeal
• BNY Settlement Notices Left Investors In The Dark, Judge Says
• Skadden, Tennenbaum Capital Sued In Bankrupt Radnor's Sale
• Clothing Retailer Big M Files For Ch. 11 In NJ
• Supreme Court Won't Review Medicare Reimbursement Denials
• Magazine Publishers' Antitrust Appeal Declined By High Court
• Nortel Hasn't Justified $1.8M Worker Bonuses, Trustee Says
• Bankrupt Arcapita Sells UK Senior Housing Portfolio To HCR
• Game Maker's Plans For Speedy Sale Snubbed By Judge
• Mass Gov. Proposes Overhaul To Compounding Oversight
• FDIC Suit Over $108M In Countrywide MBS Has Legs: Judge
• JPMorgan Faces Sanctions In US' Madoff Probe
• Kyocera Sues Bankrupt Kodak Over Camera, Printer Patents
• Clifford Chance Defeats Diagnostic Ventures Securities Suit
• Patrick Dempsey Bests Starbucks With $9M Offer For Coffee Co.
• How Traveling Structures Work In Leveraged Finance
• Borders Trustee Looks To Recover Millions In Lawsuit Blitz
• Junior Lenders Object To Proposed Omega Settlement Deals
• Disney Asks Judge To Freeze 3-D Patent Bankruptcy Sale
• Former Dodgers Owner's Ex-Wife Can't Depose Blackstone Exec
• Dewey Judge Postpones Approval Of Disclosure Statement
• Cleary Gottlieb Blasts Subpoena In $1.4B Argentina Debt Suit
• Pinnacle Asks Judge To OK $52M Deals With Pilots, Delta
• Lehman's Bad Faith Claims Stick In Fidelity Coverage Row
• Creditors Blast Bankrupt Game Maker THQ's Sale Plan
• Ex-Dewey Dubai Partners Cut Clawback Deal
• Insurers Can't Arbitrate Hostess' Collateral Request
• Nortel Reaches $67M Deal In Retiree Benefits Feud
• Release Bars $4M Award In Energy JV, Texas Court Says
• Firm Dodges $2M Malpractice Claim Over Botched RE Deal
• 10th Circ. Has Left Less Static For Secured Creditors
• LodgeNet To Enter Ch. 11 With $60M Recapitalization Deal
• Bankruptcy Courts To Quiet Down In 2013 But Not For Long
• Law360 Selects Top Practice Groups Of The Year