Bankruptcy Archive » April, 2013

Bankruptcy - April, 2013

289 articles

• Nortel, Disabled Workers Await Final OK On $25M Deal
• Borders Gift Card Holders Push To Revive Refund Claims
• Republic Airways Plans To Offload Frontier By Summer
• Reader's Digest Can Start Collecting Votes For Ch. 11 Plan
• Ampal Creditors, CEO Back Trustee's Bid To Liquidate
• Crying Fraud, Banks Seek Ch. 7 For Specialty Lender
• Q&A With Perkins Coie's David Neff
• Bondholders Slam ResCap's Foot-Dragging On Ch. 11 Plan
• Inside The Latest Make-Whole Claim Case
• Bear Stearns Settles $100M HomeBanc Adversary Suit For $3M
• Kodak To Settle $2.8B Claim With Imaging Biz Spinoff
• Developer Accused Of Filing Ch. 11 To Ditch $45M Judgment
• Bankrupt Battery Co.'s Creditors Look To Nix $28M GM Claim
• Bankrupt Rotech Seeks To Sack Equity Committee
• PE Firm Navigation Hit With WARN Suit Over Bankrupt Unit
• Yellow Pages Publishers Get Go-Ahead For Ch. 11 Merger
• Bankruptcy Filings Down 14% Over Past Year
• Miners Protest Benefit Cuts In Patriot Coal Bankruptcy
• Charter Communications' Ch. 11 Plan Stays Out Of High Court
• Q&A With Faegre Baker's Jay Jaffe
• Ambac Set To Exit Bankruptcy After $102M IRS Deal Gets Nod
• LifeCare, Creditors Reach Deal Backing $320M Carlyle Sale
• $135M ATP Royalty Suits Belong In District Court, Judge Says
• K-V Lenders Slam Creditors' Objections Over Plan Statement
• AMR Seeks $3.25B In Financing To Pad Ch. 11 Exit
• Deals Rumor Mill: Onex, First Reserve, Mechel
• GMX Investors Blast $50M Ch. 11 Loan As Unfair
• NY Giants Again Seek Lehman Docs In $300M Stadium Row
• Parsing The 4th Circ. Stance In Campbell V. Hanover
• Arcapita Bank Gets OK To Solicit Creditors' Votes For Plan
• Q&A With Robinson & Cole's Michael Enright
• Biosolid Recycler Synagro Wins Approval Of $30M DIP
• Greenberg To Pay $5M To End Heller Ehrman Malpractice Row
• Liberty Medical Settles $40 Million Feud With Alere
• Willkie Farr Skirts Suit Over $100M Extended Stay Penalty
• Kodak Securities Fraud Suit Underdeveloped, Judge Says
• Asarco Says It Didn't Waive Cemex Claim In $19M Cleanup Row
• US Trustee Takes Issue With Bankrupt Atari's Exec Bonuses
• NY Top Court Takes Up Post-Judgment Policy Exclusion Bid
• Carter Ledyard Malpractice Suit Tossed In Appeals Court
• $2.8B Vegas Hotel's Lenders, Contractors Near Ch. 7 Deal
• $19M Claim Put To Bed In River Road Hotel Bankruptcy
• Ambac Keeping Mum On End Of Board Nominee Crony Dispute
• Overseas Shipholding's $94M Military Contract Approved
• Q&A With Choate's John Ventola
• AMR Could Face $18M In Claims Over Boarding Pass Patents
• Applying Absolute Priority Rule — Broad Vs. Narrow Views
• Nortel Units Spar On Discovery In $7B Liquidation Row
• Bankrupt School Specialty Gets Disclosure Statement OK'd
• Report Tackles Unique Questions Of Bankruptcy Ethics
• Bankrupt Atari In Talks To Sell Off Assets
• Lehman Wins Greenlight For Settlement With Swiss Unit
• K&L Gates Adds 2 From Jackson Walker, Haynes And Boone
• Carlyle's Synagro Seeks Ch. 11, But $455M Sale In Works
• 'Girls Gone Wild' Founder Threatened Workers, Trustee Says
• Q&A With Proskauer's Mark Fennessy
• Considering Disclosure Issues And Proof Of Claim Filing
• Howrey Avoids Suits As Deal With Holland, Fenwick OK'd
• MatlinPatterson Can't Slip WARN Suit From Former Investment
• TD Bank Loses Bid To Keep Rothstein Suit In Bankruptcy Court
• $4M Patriot Coal Deal Will Trim Retiree Health Benefits
• Time Fails In Anderson Sanctions Bid Over Disputed Meeting
• Bankrupt 'Life Of Pi' Visual Effects Firm Hit With Wage Suit
• Inherited IRAs Not Exempt From Bankruptcy Claims: 7th Circ.
• Tyco Unit Yarway Enters Ch. 11 Saddled With Asbestos Claims
• $80M Ruling For IndyMac Insurers Too Broad, 9th Circ. Hears
• AMR's Antitrust Deals With Orbitz, Travelport Win Approval
• Kaye Scholer, US Trustee Eke Out $1.5M GSC Settlement
• Dewey Reaches $19.5M Settlement With Ex-Chairman, Insurer
• FDIC's Strategic Capital MBS Suit Ruled Time-Barred
• MF Global Trustee Sues 'Grossly Negligent' Corzine
• Q&A With Bracewell's Robert Burns
• Law Firms Must Devote More Resources To Data Security
• School Specialty Hearing Delayed By Ch. 11 Plan Changes
• Greed Drove CIBC To Back Failed $45M Oil Well, Court Told
• Creditor Fails To Thwart Developer's Future Bankruptcy Filings
• Revived Coupon Co. Sells For $17.6M in Ch. 7 Auction
• Deloitte Not Liable For Mortgage Execs' Fraud, 9th Circ. Says
• AMR Frequent Flier Suit Tossed In Bankruptcy Court
• Vodka Distributor's Ch. 11 Plan Draws Fire From Investor
• Kyocera To Pay Kodak $5M To Settle All Patent Claims
• Jackson Walker Picks Up 2 Bankruptcy Pros In Dallas
• Beechcraft Can't Halt $428M Afghan Contract For Bid Protest
• Q&A With Mintz Levin's Rick Mikels
• GMX Accused Of Hijacking Bankruptcy With $50M Loan
• Trade Secrets Row Pushes Aviation Parts Co. Into Ch. 11
• Deals Rumor Mill: Tribune Co., TPG, Billabong
• Tribune Bond Trustee Fires Back at Reimbursement Objections
• TD Bank Argues Against Remand Of Rothstein Investor Case
• Aetna Needn't Pay $13M Owed By Processor: Texas High Court
• Wilbur Ross Says Results-Based System Can Curb Ch. 11 Fees
• Ampal Trustee Wants To Convert Bankruptcy To Ch. 7
• Ex-Schlotzsky's Brass Can't Sue Haynes and Boone: 5th Circ.
• Conexant Gets OK For Ch. 11 Disclosure Statement
• A Must-Read For 'Repo' Counterparties
• Universal Health Care Appointed Ch. 11 Trustee
• Howrey Creditors Say Haynes And Boone Is 'Forum Shopping'
• Wilmington Trust Seeks ResCap Judge's OK To Sue Ally
• Yellow Pages Publisher Breached License, Photo Agency Says
• Skadden Attys To Testify In $1B LyondellBasell Suit
• In Pippen Defamation Suit, 7th Circ. Considers Recklessness
• Ricoh Sues Kodak In Bankruptcy Court Over Printer Patents
• Q&A With McCarter & English's Joseph Lubertazzi
• Legal Notices In Bankruptcy: To Read Or Not To Read?
• Calif. Ruling Protects Brokers From Disgruntled Outsiders
• Dewey Reaches Deal With BofA On $1.6M Microsoft Claims
• Grupo Mexico Pulled Back Into Insurer's $12M Asbestos Suit
• MF Global Judge Axes 'Frivolous' $35M Claim
• $1.2B Project Developer Accused Of Collusion With Creditors
• Bankrupt Revel Casino Gets $250M To Stay In The Game
• Cantor Fitzgerald Gets Hedge Fund Investors' Claims Pared
• Q&A With Choate's Doug Gooding
• PE Firms Swoop On KIT Digital In Prepack Bankruptcy
• Lehman Hits FHLB Cincinnati With $64M Suit Over Swaps
• How To Reposition Your Bankruptcy Practice
• Nortel Units Appeal Venue Decision In $7.3B Asset-Sale Feud
• Big M Creditors Denied Access To Privileged Docs
• Kodak Wins Extension To File Exclusive Ch. 11 Plan
• Deals Rumor Mill: CVC Capital, Hulu, SolarWorld
• DLA Piper Settles $22.5M Suit Over 'Churn That Bill' Emails
• Bankrupt Battery Maker Sheds $125M In Claims
• Indicted Placement Agent Accuses Apollo Of Pay-To-Play
• Ex-FBI Agent, Solyndra CRO Named 'Girls Gone Wild' Trustee
• D&L Energy Seeks Ch. 11 As Legal Woes Grow
• Liberty Medical Can't Reject $40M Asset Deal, Judge Says
• TD Bank Likely To Win Stay Of Rothstein Investors' Suits
• LFG Trustee Wants Experian Sanctioned For Conflict Claim
• Ex-Sen. D'Amato Denied $1M Claim In Rothstein Bankruptcy
• Q&A With Foley & Lardner's Doug Spelfogel
• Ex-Connaught Workers Win Cert. In WARN Class Action
• Patriot Coal Wants Disclosure From Combative Hedge Funds
• Understanding Where And When To File A Claim
• Delta To Land Pinnacle Airlines After Ch. 11 Plan Approval
• US Bank Wrongfully Foreclosed On LA Skyscraper, Suit Says
• Bankrupt Mortgage Processor's $1M Exec Bonus Plan OK'd
• 2nd Circ. Lets Madoff Feeder Fund Deflect Suit Amid Ch. 15
• Dynegy Settles $1.6M Shareholder Class Action
• Scooter Store Gets Nod On $10M DIP Over Trustee's Protest
• 'Milestone' Lehman Deals Will Pay Out $15B To Customers
• Bankruptcy Exclusion Bars $103M Hotel Claim, Chartis Says
• AMR Shareholders Could Recover $1.4B Under Ch. 11 Plan
• Kaye Scholer Says Fund's Claims Imperil Deal In GSC Row
• Jefferson County Judge Halts $378M JPMorgan Coverage Suit
• K-V Creditors Say Alternative Plan Is In The Works
• Q&A With Thompson Hine's John Isbell
• Federal Standard For Successor Liability Applies To FLSA
• Energy Future Holdings Proposes Ch. 11 Restructuring
• Scooter Store Enters Ch. 11 Amid Medicare Billing Probes
• Bankrupt Revstone Seeks To Sell Aluminum Forging Biz
• Madoff Trustee Loses Bid To Block $410M Deal
• Birdsall Cuts $3.6M Deal With NJ On Ch. 11, Forfeiture
• Canadian Oil Field Co. Enters Ch. 15 After Earnings Backtrack
• Dodgers Owner's Ex Barred From Bankruptcy Mediation Docs
• Big Banks Must Give Global Exposure Info In 'Living Wills'
• Kodak To Haul In $210M In Sale Of Document Imaging Biz
• Q&A With Katten's Craig Barbarosh
• Developer OK'd To Examine Bankrupt Ranch Land Manager
• Patriot May Face $1B Claim If It Exits Pension Plan, Court Told
• Cyprus Bailout: Potential Recourse For Lost Investments
• Assured Disputes Bad-Faith Ruling Over Stockton Bankruptcy
• FINRA Says John Thomas Bilked Investors, Bullied Reps
• Liberty Medical Creditors Say $40M Asset Deal Should Stay Put
• Dodgers Try To Keep Mediation Docs From Former Owner's Ex
• Canadian Telemarketer Seeks Ch. 15 Protection In Del.
• Trustee Balks At Attys' Fee Requests In MF Global Ch. 11
• ResCap Judge Approves Up To $7.8M In Bonuses
• DC Circ. Wary Of WaMu Noteholders' Bid To Join $10B Fight
• Turnover Under Ch. 15: In Re AJW Offshore
• Rothstein Judge Puts The Brakes On Trustee's Ch. 11 Plan
• Meningitis Plaintiffs' Litigation Team Named In NECC Case
• Taylor Bean Ex-Honcho Owes Insurer $1M, 4th Circ. Rules
• Ally Could Be On Hook For $25B, ResCap Creditors Say
• Q&A With Troutman Sanders' Dan Chambers
• Judge Says AMR Can't Pay $20M CEO Bonus
• NY AG Loses Renewed Bid For $150M Of E&Y's Lehman Fees
• DBSI Bosses Charged With Lying About Firm's Finances
• Old GM Pays $5.5M In Final Enviro Settlement
• Disabled Nortel Workers Seek Distribution Of $28M Deal
• Satcon Trustee Gets Nod To Jump-Start Operations
• Grant Thornton Escapes Suit Over Parmalat Fraud
• Defunct Pfizer Unit Ends Appeal Of $8.7M Asbestos Verdict
• ResCap Judge Leaves $8M In Bonuses Up In The Air
• A Lesson In Drafting Make-Whole Provisions
• Godwin Lewis Picks Up Glast Phillips Bankruptcy Pro
• Bankrupt Patriot Coal Offers Miners' Union 35% Stake
• Girls Gone Wild Can't Block Trustee In Ch. 11
• Attys Anxious For Clarity On Stern May Be In For Long Wait
• Q&A With Pillsbury's Deryck Palmer
• Tribune Bond Trustees Don't Deserve $13M In Fees, US Says
• Rothstein Trustee Fights Creditor Bid For Ch. 7 Switch
• Reader's Digest Judge OKs $6M Sale Of Nordic, French Units
• Timely $5M DIP Deal Allows Powerwave To Extend Ch. 11 Sale
• Feds Want Subpoena Over Versace Mansion Quashed
• Reader's Digest Creditors Want Part Of $5.8M Euro Sale
• Student Loans Can Be Discharged In Bankruptcy: 7th Circ.
• Calif. Waste Oil Co. Evergreen Slides Into Ch.11
• Trustee Objects To $22M Bid For Mandee, Annie Sez Owner
• MSR, Paulson Execs Sued Over $59M Debt, Bankruptcy Sale
• Q&A With Seyfarth's Jason DeJonker
• Bankrupt Pemco Settles Workers' WARN Act Suit
• Lyondell Judge Axes Highland Contract Suit Against UBS
• National Union Sued Over $40M Coverage In Negligence Row
• A Look At Claim And Interest Treatment Under Ch. 11
• Judge Spikes Investor Appeal of Abitibi's Ch. 11 Plan
• Medical Equipment Firm Wins $30M DIP Financing
• Goldman Beats Capmark's $147M Clawback Suit
• Blackstone Ducks Questions From Frank McCourt's Ex
• ResCap Fires Back At US In Defense Of $8M In Bonuses
• Rothstein Creditors Gambling On Litigation, TD Bank Says
• Brown Rudnick Hits West Coast With SoCal Boutique Purchase
• Cerberus Buys Irish Waste Management Co. From Receiver
• Kaye Scholer Threatened With Trial In GSC Ethics Row
• NJ Appeals Birdsall's Access To $3M In Frozen Assets
• Hostess Gets Approval To Sell Drake's, Bread Brands
• NY Bankruptcy Veteran Named Ampal's Ch. 11 Trustee
• Q&A With Baker Donelson's Jan Hayden
• Satcon Lender Questions Ch. 7 Trustee's Recovery Plan
• Howrey Creditor Can't Target Equity Holders In Class Action
• $102M IRS Deal Moves Ambac Closer To Exiting Ch. 11
• FDIC Fires Back At PwC's Bid To Dodge $1B Negligence Suit
• Canadian Rival Offers $22M For Bankrupt Big M
• 5th Circ. Blocks Contractor Claims Against Bankrupt Hospital
• Birdsall Ch. 11 Trustee Tapped Amid Pay-To-Play Scandal
• Lehman Investors Want $640M Fraud Suit Back In State Court
• Patriot Coal Creditors May Take Part In Labor Hearing
• Accounting Firm Sanctioned For Holding Ponzi Schemer Docs
• Vodka Maker CEDC Hits Ch. 11 To Shed $665M in Debt
• Winston Violated Duties To Lancelot Funds, 7th Circ. Hears
• Asbestos Attys Debate Bankruptcy Trust Disclosure Bill In Pa.
• Ampal Judge Rejects CRO Deal, Wants Trustee Appointed
• Home Medical Co. Checks Into Ch. 11 After Spinoff Struggle
• Liberty Mutual Sues Contractor's CPA Over $50M Losses
• Q&A With Cooley's Jay Indyke
• Howrey Trustee Targets Haynes, Hunton In Latest Suits
• The Intersection Of National Security And Bankruptcy
• Europe's Madoff Losers Tell 2nd Circ. Cases Belong In US
• DOJ Official Pushes For Trustee In Fla. HMO Bankruptcy
• Ambac Creditors Will Stay Out Of Board Member Fight
• US Airways Says Seniority Dispute Belongs In Arbitration
• Q&A With Bryan Cave's Lloyd Palans
• MF Global Liquidation Plan Gets Court Approval
• Hilco's PE Unit Rescues Music Chain HMV
• More International Insolvencies Test Limits Of Ch. 15
• BofA Slams Real Estate Group's 'Labyrinthine' Ch. 11 Plan
• Damning Report Aside, MF Global's Corzine May Walk
• PE Cos. Aren't Businesses Under ERISA, 1st Circ. Hears
• TD Bank Reveals $52M In Secret Rothstein Settlements
• Hostess Union Pulls Objections To Upcoming Asset Sales
• Bankruptcy Judge Rips ATP Over Late $3M Royalty Payments
• ResCap Can't Justify $8M Employee Bonuses, US Trustee Says
• Ampal CEO, Creditors Battle For Control In Ch. 11
• Q&A With Sheppard Mullin's Ori Katz
• Insurer Skirts Coverage For $20M Fremont Mortgage Loss
• US Bank Can't Get $23M From Bankrupt Trump Tower Builder
• Corzine Sank MF Global, Trustee Says
• 2nd Circ. Takes Up Fight Over $1.5B AMR Financing
• Reader's Digest Wants To Shed More European Assets
• Lehman Wraps Up Last Major Bankruptcy Dispute
• NY High Court Won't Revive Vitro Suit Against Hedge Funds
• Ex-Shearman Client Loses Bid To Revive Malpractice Suit
• Nanya Infringed Elpida's DRAM Patents, ITC Judge Finds
• Macquarie, Keba Say ATP Still Owes Them $3M In Royalties
• US Airline Union, Ex-Am West Pilots Postpone Seniority Row
• Q&A With Godfrey & Kahn's Tim Nixon
• How Lawyers Benefit From Early Neutral Evaluation
• Argentina Creditors Must Reply To Payment Plan: 2nd Circ.
• Stockton's Ch. 9 Plan A Test Case For Coping With CalPERS
• Patriot, Creditors Want More Docs On Peabody's Spinoff
• Gov't Fails To Nix Carlyle's $320M Hospital Group Buy
• Daffy's Gets Approval For Ch. 11 Plan
• Nortel Wins Approval For $67M Retiree Benefit Deal
• Haynes And Boone Wants Court To Hear Howrey Profit Row
• Arnstein & Lehr Hit With $5M Suit Over Bad Ch. 11 Advice
• MF Global Blasts 'Meritless' Ch. 11 Plan Objections
• Q&A With Epstein Becker's William Barron
• Rothstein Bankruptcy Plan Too Sweet To TD Bank, Feds Say
• Recession Not 'Extraordinary' Enough For Revising Ch. 11
• Revstone Seeks Extra Time To File Exclusive Ch. 11 Plan
• Judge Lets Stockton, Calif., Proceed With Ch. 9 Filing
• Co. Indicted For Pay-To-Play Hiding Behind Ch. 11: NJ AG
• Trustee's Rothstein Interview Notes Off Limits, Judge Says
• American Airlines Ends Antitrust Battle Against Orbitz
• Girls Gone Wild Tries To Block Ch. 11 Trustee
• Q&A With Foley & Lardner's Jill Nicholson
• Reader's Digest To Net $5.8M In Sale Of French, Nordic Units
• Costner's 'Robin Hood' Suit Steals From The Poor: Film Co.
• A Narrow Interpretation Of Section 546(e)
• Cooley Defends Fees In Big M Bankruptcy
• Low Gas Prices Drive GMX Resources To Bankruptcy