Bankruptcy Archive » March, 2013

Bankruptcy - March, 2013

261 articles

• Dreier Trustee Makes $3.5M Deal With Patriot
• Prana Studios To Pay $1M For Bankrupt Rhythm & Hues
• Wells Fargo Says RG Steel Creditors' Suit Doesn't Hold Up
• Sullivan & Cromwell Aids Colony's $70M Recap Of LodgeNet
• Vitro Takes Nondebtor Release Ban To Supreme Court
• Universal Health Care Faces WARN Act Suit From Ex-Workers
• Kaye Scholer Says GSC Can't Seek Sanctions After Settlement
• Tribune Slams Bond Trustees' $13M Reimbursement Bid
• Synergy Auditor Should Have Caught $1B Fraud, Suit Says
• 5 Tips For Doing Real Estate Deals In Bankruptcy Court
• Rothstein Trustee Wants Creditors' Counsel Fee Deals
• 5th Circ. Says Bankruptcy Court Erred In Nixing WARN Act Suit
• Verizon Must Pay $2.85B Idearc Debt, US Bank Says
• Patriot Coal Bondholders Demand Appointment Of Trustee
• Stanford Investors Go To Bat For $300M SEC, Antiguan Deal
• Union Pacific Off The Hook For Superfund Cleanup Fees
• Q&A With McKool Smith's Hugh Ray
• The Disappearing Act Of Ch. 11 Business Cases
• Stockton Case Could Rule Out Ch. 9 For Other Cities
• JPMorgan's $546M Deal For Ex-MF Global Customers Gets Nod
• Consortium Withdraws $280M Bid For Vodka Maker CEDC
• Proskauer, Hunton, Chadbourne Attack Antiguan Stanford Deal
• Bankrupt A123 Seeks To Keep $125M Mich. Tax Credits
• Government Joins Attacks On MF Global's Ch. 11 Plan
• 5th Circ. Ruling Clarifies Supreme Court's Till Decision
• Journal Register Gets Thumbs-Up For $120M Asset Sale
• Lenders 1st In Line For Payout From $21M Vegas Property Sale
• Baker Botts Wins $5.2M In Asarco Bankruptcy Fee Fight
• Big M Creditors Balk At Lowenstein Sandler Fee Request
• Dewey Gets $1.6M In Paul Hastings Unfinished Business Deal
• Q&A With Gibbons' Karen Giannelli
• Litigation Support At A Crossroads
• Nortel Lays Out Battle Plan For $7.3B Cash Fight
• Pricey Land Complicates Options For Ailing NYC Hospital
• $20M Digital Domain Flop's Pitfalls Remain: Fla. Report
• Ch. 7 Trustee Seeks Power To Revive Solar Co.'s Operations
• AMR Judge OKs US Airways Merger, But Not $20M CEO Bonus
• San Bernardino Sues To Stop Calif. From Withholding Revenue
• Q&A With Adams And Reese's Hank Shelton
• Jones Day Picks Up Cadwalader Restructuring Partner
• Former Dodgers Owner's Ex Scores Answers From Blackstone
• Virgin Media Hit With $100M Suit Over Turnaround Services
• CORRECTED: Am West Pilots Want Arbitrator's Seniority List Enforced
• AmFin Needn't Turn Over $195M Tax Refund To FDIC
• Otelco Takes First Step Toward Ch. 11 Restructuring
• FLSA Liabilities Transfer in Buyouts, 7th Circ. Says
• Future Eurozone Bank Rescues Will Follow Cyprus Model
• The 5 Litigators Sure To Drive Judges Mad
• Bankrupt Broker Penson Gets $10.5M For Tech Wing
• Argentina Denied En Banc 2nd Circ. Review In Bond Case
• Chartis Excess To Wind Down For Parent AIG's Sake
• US Trustee Won't Relent In Attack On $20M AMR Exec Bonus
• Allianz Gutted Defunct Insurer Magnolia, Fla. Says
• Vodka Maker Not Ready To Toast A1's Restructuring Deal
• Greenberg Traurig Says Stanford Deal Imperils Law Firms
• Holland, Fenwick Resolve Ex-Howrey Matters With Trustee
• Revel Looks To Slash $1B In Debt With Ch. 11 Plan
• Journal Register's $120M Asset Sale Nears Finish Line
• Q&A With Baker Donelson's Tim Lupinacci
• How To Structure A HoldCo Loan In The Energy Industry
• Lehman Sues Credit Agricole Over $34M Terminated Swaps
• Ch. 7 Trustee OK'd To Run Coupon Co. Ahead Of Auction
• 5 Tips For Making It Rain
• MF Global Plan Under Fire By Sapere Wealth, US Trustee
• $410M Madoff Deal Should Go Forward, Attys Argue
• WR Grace Sues Teledyne Over Chemical-Process Patent
• Tampa Firm Sues Ex-Managing Partner For Cover-Up
• Otelco Enters Ch. 11 But Plans On A Short Stay
• Q&A With Ober Kaler's Thomas Rafferty
• Paper Co. Pays $3M In FERC Power Grid Manipulation Suit
• Fortress-Owned GateHouse Media Enters Debt Talks
• Gordon Brothers Lifts UK Blockbuster Unit Out Of Bankruptcy
• Dewey's Ch. 11 Liquidation Plan Takes Effect
• Jenner & Block Fee Request Too Vague, Tribune Trustee Says
• Bankrupt Coupon Company Draws Bid From Founders' Son
• $11B AMR, US Air Merger Backed By Creditor Committees
• Bankrupt Dairy Co. Secures $5.5M Stalking Horse Bid
• Wynn Wants Trustee To Take Over 'Girls Gone Wild' Ch. 11
• Shutterfly Sues Kodak Over Photo Book App
• Reader's Digest Gets DIP Loan Nod, Submits Ch. 11 Plan
• Howrey Trustee Slams Latest Bid To Sue Equity Holders
• Q&A With Hodgson Russ' Richard Weisz
• Bankruptcy Rising Star: Cadwalader's Zachary Smith
• Bankrupt Aluminum Smelter Melts Opposition to $90M DIP
• IP Asset Co. Seeks Ch. 11 With Up To $100M In Liabilities
• NJ Hospital Trustee Blames Losses On Exec Negligence, Fraud
• Journal Register Judge Axes Last Union Protest To $120M Sale
• Sealing The Deal: O'Melveny Gets Pilots On Board AMR Deal
• Allied Creditors Get OK To Pursue $57M Suit Against Yucaipa
• Howrey Trustee Delays Launch Of Ex-Partner Lawsuits
• House Panel Head Delays Vote On Asbestos Trust Reform
• Judge Questions ResCap Bid To Stop Foreclosure Reviews
• Porter Hedges Dodges $1M Suit Over Client Conflict
• Suntech Restructuring Begins Amid Talk Of Chinese Takeover
• BP, Tanker Co. Call Truce In Shipping Venture Fight
• Q&A With Quarles & Brady's John Craiger
• 7 Reasons To Do Pro Bono Work
• On The Verge Of Fraudulent Transfer Litigation
• Rising Star: Kirkland's Edward Sassower
• Rothstein Trustee Makes Push For Controversial Exit Plan
• Boeing Ducks Part Of Suit Over $1.1B Air Force Bid
• Picard Can't Stop $80M Fairfield Investor Deal, Judge Says
• Bankrupt Revstone, Creditors Reach Truce In CRO Feud
• Sealing The Deal: Weil Gets $11B AMR Merger Off The Ground
• Lehman Pays $45M To End Coverage Battle Over Dicey MBS
• Dilworth Paxson Opens In NY With New Bankruptcy Partner
• Q&A With Thompson Hine's Bill Schrag
• Thelen Trustee Sues Ex-Equity Partner Over Excess Pay
• Reader's Digest Creditors Blast $105M DIP Loan
• Suntech Faces Bankruptcy After Banks Balk At $1.1B Default
• JPMorgan Deal Frees Up $546M For Ex-MF Global Customers
• Rothstein Trustee Rips 'Inflammatory' Creditor Objections
• Hostess' $800M Sale Of Twinkie, Bread Brands Approved
• Bankrupt Yellow Pages Makers Keep Merger On Track
• Rising Star: Davis Polk's Brian Resnick
• Turnpike Bankruptcy Ended $37M Bond Obligations, ACA Says
• Brown Rudnick Stymied In Contempt Bid For Ampal Execs
• Union Dispute Has Journal Register Judge Mulling $120M Sale
• Affymax Mulls Bankruptcy After Anemia Drug Recall
• Q&A With Sheppard Mullin's Carren Shulman
• Constitutionality Of The PTAB After Stern V. Marshall
• Mortgage Processor Prommis Seeks Sale in Ch. 11
• Rising Star: O'Melveny's Andrew Parlen
• High Court Urged To Broadly Apply Debt Relief In Bankruptcy
• US Trustee Balks At Bankrupt OSG's $14M In Bonuses
• Q&A With Dechert's Michael Sage
• Madoff Costs BNY Mellon Unit $219M As Attys Wait On Payday
• Yellow Pages Publishers Enter Ch. 11 To Seal Merger
• AMR CEO's $20M Severance Pay Draws US Trustee Challenge
• What Litigators Must Know About Va.'s 'Rocket Docket'
• Weapons Training Co. Advanced Interactive Hits Ch. 7
• United Ch. 11 Bars DHL Antitrust Suit, 2nd Circ. Told
• Judge Narrows Lehman Suit Over $1.4B Assured Guaranty Fee
• Deloitte Liable For Mortgage Execs' Fraud, 9th Circ. Told
• Aluminum Smelter's $90M DIP Slammed By PBGC, Creditors
• Hostess Rips Unions' Objections To Upcoming Asset Sales
• Rising Star: Jones Day's Lisa Laukitis
• Bankrupt Patriot Wants $150M Cut From Union Contract
• Q&A With Anderson Kill's Todd Duffy
• McKee Foods To Snag Hostess Drake's Brand With $27.5M Bid
• FDA Says It Caved To Politics In Clearing ReGen Implant
• Tribune Trustee Wins Control Of $46M Clawback Suits
• Detroit Looks To Jones Day Atty To Rescue City
• Under The Hood Of In Re Motors Liquidation
• Credit Suisse To Pay $400M To End Nat'l Century Fraud Suits
• Cargo Carrier Southern Air Cleared For Takeoff From Ch. 11
• Ponzi Victims Slam Rothstein's $72M Ch. 11 TD Bank Deal
• Lehman UK Creditors Could Get $1B After Appeal Win
• AMR Seeks Ch. 11 Extension To Finish $11B American Deal
• Q&A With Debevoise's Natasha Labovitz
• Revstone Head Linked To Restructuring Officer Pick, GM Says
• American Airlines Settles Antitrust Feud With Travelport
• Bakers Union Fights Hostess Cake Buyers Over Jobs
• Entertainment Coupon Book Publisher Turns To Ch. 7
• Lehman Lands 'London Whale' Deposition In JPMorgan Row
• Bankrupt A123 Cuts Estimated Creditor Recoveries By Half
• Q&A With Orrick's Roger Frankel
• Are Tribal Corps. Eligible For Bankruptcy Protection?
• Heller, Howrey Clawbacks Make Firms Rethink Ex-Partner Hires
• Penson Ch. 11 Plan Unfairly Favors Bondholders: Creditors
• Dynegy's Plan To Liquidate 4 Units Wins Judge's OK
• MSR Lender Can't Fight Wealth Fund's $1.5B Asset Bid
• Lehman Rips JPMorgan Bid To Halt 'London Whale' Deposition
• Stanford Receivers Settle Row Over $300M In Overseas Assets
• Stay Doesn't Affect Property Transferred By Fraud: 10th Circ.
• Bankruptcy Can't Stop Student Loan Collections: 6th Circ.
• FDA Promoted Illegal Compounding, KV Tells DC Circ.
• Solyndra Hurt By Competition, Not Collusion, Chinese Cos. Say
• AMR Judge OKs Aircraft Deal With Republic Airlines
• EEOC Bias Case OK Despite JPMorgan Worker's Ch. 7 Slip
• Judge Revives $26M Clawback Suit In Mortgage Ponzi Case
• Q&A With Quinn Emanuel's James Tecce
• Mining Co. Asarco's $80M CERCLA Contribution Suit Paused
• Apollo Takes The Cake With $410M Twinkies Bid
• Stillwater Runs Deep For Investment Redemptions
• Howrey Trustee Goes After Ex-Partners For Millions
• Fisker Questions A123 Ch. 11 Plan, Citing $139M Claim
• Natural Gas Co. Wants Trustee For Arcapita Subsidiary
• 6th Circ. Says $3B Dow Deal Requires Authorization Of Credits
• Attys Pull Back The Curtain On AMR, US Airways Deal
• 3rd Circ. Upholds Le-Nature Exec's 15-Year Sentence
• Ex-Dewey Staffers Can Move Ahead With WARN Class Action
• Q&A With Loeb & Loeb's Walter Curchack
• Geokinetics Enters Ch. 11 To Slash $300M Bond Debt
• Picard Loses Intervention Bid In Fairfield Investor Row
• $135M ATP Royalty Deals Off-Limits From Creditors, Suits Say
• Pali Co-Founder Targets Jenner & Block Over Fraud
• Ex-Dewey Partners Make Case To Keep 2011 Bonuses
• 5th Circ. Stirs The Artificial Impairment Pot
• US Wants Lifecare Ch. 11 Sale Nixed Over $24M Tax Bill
• Law360 Names Top Attorneys Under 40
• Beechcraft To Protest $427.5M Air Force Contract
• AstraZeneca Affiliate Wants Ch. 11 Nixed Due To Cost
• Rapid-American Enters Ch. 11 To Handle Asbestos Claims
• Battle Over $7.3B Nortel Cash Won't Be Sent To Arbitration
• Ex-R-G Execs Can't Duck FDIC's $417M Bank Collapse Suit
• Q&A With WilmerHale's Andy Goldman
• RG Steel Sets Framework For $100M In Clawback Suits
• Ex-Princeton Review Owner Wins OK For Ch. 11 Exit Plan
• Ex-Tribune Execs Say Trustee Can't Grab $46M Clawback Suits
• US Trustee Challenges Fee Requests In Hostess Ch. 11
• Pilots Union Row Threatens American-US Airways Merger
• LodgeNet, DirecTV To Partner Up Under Approved Ch. 11 Plan
• Nortel Units Spar Over Venue For $7.3B Bankruptcy Feud
• The Latest On Lehman
• Former Madoff Exec Claims Prosecutors Gutted Legal Fund
• Ex-Loeb & Loeb Partner Says Firm Stiffed Him On Pay
• United Western Bank Can't Overturn OTS' Seizure
• Pinnacle Closer To Joining Delta As Ch. 11 Plan Outline OK'd
• Stradley Says It Didn't Botch $200M Taylor Bean Loan Terms
• Q&A With O'Melveny's Suzzanne Uhland
• Mich. Seeks Jurisdiction Over A123's $100M Tax Break Transfer
• NY AG Says Madoff Trustee Can't Stall $410M Deal
• 'Wild Card' Bankruptcy Exemption Applies To Cars: 9th Circ.
• Rothstein Investors Fight To Boot TD Bank Row To State Court
• Grubb & Ellis' Liquidation Plan Gets Green Light
• US Airways Pilots Sue To Stop Challenge To $11B AMR Merger
• Southern Air Ch. 11 Plan Could Shortchange Gov't, US Says
• First American Can't Duck Suit Over Lehman RE Loan
• $85M Default Risk Keeps K-V Pharma Ch. 11 Plan On Schedule
• Union Dispute Over $56M A&P Store Sales Stays Put
• Q&A With Paul Weiss' Alice Eaton
• 2nd Circ. Junks Ex-Lehman Director's $20M Severance Suit
• Sun Capital Saves Chunk Of UK Bed Seller From Bankruptcy
• MF Global Plan Backers Reach $275M Truce With JPMorgan
• Ex-Kirkland Partner Pleads Guilty To $2M Tax Scheme
• Venable Taps Bankruptcy Pro To Head New Del. Office
• Thelen Suit In Limbo As 2nd Circ. Mulls Unfinished Business
• Dewey Strikes $1.6M Deal With Paul Hastings, Ex-Partners
• 3rd Circ. Nixes Boeing's Appeal Of Alabama Aircraft Sale
• Debtor's Counsel, Be Careful Who You Help
• Ambac Seeks To Block Board Member Accused Of Cronyism
• DOJ After More Info On $11B American, US Airways Merger
• $1.2B Baltimore Project Developer Granted Ch. 11
• ResCap Scores Extra 60 Days For Ch. 11 Plan Exclusivity
• Orrick Nabs Top Appellate Atty From DOJ In Washington
• Nortel Freed From New Bankruptcy Disclosure Rules For Now
• Q&A With Arnold & Porter's Lisa Fenning
• Tribune Bond Trustees Seek $13.2M For Investigating LBO
• San Bernardino Wants To Turn Down Union Contracts
• Garlock Wins Access To Asbestos Bankruptcies On Appeal
• ResCap, Bondholders Spar Over Plan Talks, Filing Period
• Investors Fail To Halt Lehman's $16B Archstone Sale
• Va. Retirement Home Aims To Slash $84M Debt In Ch. 11
• Vitro Ends Creditor Feud With $235M Bond Deal
• Coudert Liquidator Sues States, DC Over Unclaimed Funds
• Attys Blast NY AG's Objection To $41M Fee In Madoff Action
• Hostess Bakery Sale Would Skirt Enviro Rules, US Says
• Q&A With Skadden's Ken Ziman
• Kodak Agrees To Raise $600M For Ch. 11 Exit
• High Court Asked To Consider Class Attys' Fee Notices
• Bankrupt Chipmaker Conexant Wins Access To $15M DIP
• K-V Creditors Ask Judge To Delay Ch. 11 Plan Hearing
• PBGC To Bridge $46M Gap In Revstone Unit's Pension Plan
• American Suzuki's Ch. 11 Plan Wins Approval
• MSR Resort Judge Won't Stay Plan Confirmation
• Bankruptcy Judge Blesses Thelen Partner Settlements
• ResCap Creditors Sue UMB Bank, Wells Fargo Over Liens
• Q&A With Quinn Emanuel's Susheel Kirpalani
• Strategy Savvy From Strategic Growth's Mile High Bank Buy
• Ryan International Gets OK For Ch. 7 Conversion