Bankruptcy Archive » May, 2013

Bankruptcy - May, 2013

286 articles

• Portrait Co.'s Trustee Gets Green Light For Ch. 7 Auction
• Howrey Adversary Suits Target Verizon, Dozens Of Others
• Battle For K-V Pharma Amps Up As Silver Point Boosts Offer
• State, Federal NECC Tort Cases To Join Meningitis MDL
• AMR Blasts Trustee's Disclosure Statement Objections
• Rothstein Trustee Says Versace Mansion Suit Violates Stay
• Bankruptcy Judge Blasts Allied's Proposed $33M Loan
• ATP Sale Shirks $153M In Enviro Liability, Anadarko Says
• Creditor Tries To Save Winston & Strawn From DQ
• LightSquared Lands Exit Financing Deal With Jefferies
• Lehman Investors Get $640M Fraud Suit Sent To State Court
• Reader's Digest Nears Ch. 11 Exit With $27M FTC Claim Deal
• Top Wireless Cos. Take Over DC Subway Project In $2M Deal
• Dewey Bankruptcy Judge Approves $19.5M Settlement
• Bankrupt Revstone Gets Green Light For Aluminum Biz Sale
• Bankrupt Traffic Co. Shed Workers Without Notice, Suit Says
• Tribune Shareholders Can't Kick Buyout Clawback Suits
• Dorsey & Whitney Partner Named Minn. Bankruptcy Judge
• RG Steel Creditors Argue For Right To Sue Renco Chief
• Panamanian Trump Hotel Developer's Ch. 11 Plan Gets Nod
• Texas Firms' Fees Slashed $1.4M In 'Nightmare' Tech Case
• Thelen Clawback Properly Nixed, Seyfarth Tells 2nd Circ.
• AMR Judge Greenlights Union Integration, FAA Deals
• Choate Hall Moves To Toss Investor Suit Over Botched Deal
• Gas Co. Wants $120M Claim Ahead Of Arcapita Unit Investors'
• Top US Scrubs Retailer Enters Ch. 11, Eyes Asset Sale
• Procurement: The Hidden Path To Maximizing Profits
• Westchester Hospitals Enter Ch. 11 To Expedite $54M Sale
• Satcon Supplier Makes $6M Asset Bid In Last-Minute Deal
• Judge Permits Patriot Coal To Scuttle Union Contracts
• K-V Investor Group Bumps Up Ch. 11 Offer To $275M
• McGuireWoods Atty Sued Over Contract Breach In Island Deal
• Lehman Trustee Pushes 2nd Circ. To Reverse Barclays Win
• Understand Your Options For Exit Financing
• White & Case Can't Rep Electric Car Co. Coda In Ch. 11
• Judge Pushes Kodak, Ricoh To Set Patent Dispute Aside
• CORRECTED: Disclosure Statement OK'd In Rothstein Firm Bankruptcy
• Bankrupt K-V Settles Texas Medicaid Fraud Suit For $3M Claim
• Allied Creditors Look To Regulate Use Of $15M D&O Policy
• Rotech Shareholders Seek To Undo $30M DIP Order
• Bankrupt ATP's Board Sued Over $1.5B Note Exchange
• LifeCare Settlement Approval Paves Way For Carlyle Sale
• Trump-Brand Developer's Ch. 11 Plan Hits Snag
• Arcapita Seeks $175M Bankruptcy Loan From Goldman Sachs
• GM Defends $367M Hedge Fund Deal In Bankruptcy Fight
• Coda Defends White & Case's Role In Ch. 11 Proceedings
• Citibank Can't Get Clarification On Argentina Bond Injunction
• GMX Retention Plan Asks Too Little Of Workers, Creditors Say
• 4th Circ. Says Fallen Co. Can't Seek $161M In Wachovia Funds
• Primcogent Files Ch. 11 In Feud With Fat-Zapping Laser Maker
• Ch. 7 Trustee Can't Stall His Removal Over Improper Billing
• Bankrupt Lender, Developers Settle $36M Loan Fight
• US Trustee, Banks Slam AMR Bankruptcy Exit Plan
• KidsPeace Gets OK To Continue Operations In Ch. 11
• Allied Seeks Permission For Asset Auction, New DIP Loan
• US Calls On High Court To Snub Pfizer Asbestos Case
• Tribune Co. Objects To Late Rep.'s $20M Ch. 11 Claim
• PBGC Wants Firm Stake In Revstone Aluminum Unit Sale
• White & Case Can't Rep Coda In Ch. 11, US Trustee Says
• AIG Unit Dodges Some Empire Land Defense Costs
• The Importance Of Morning Mist
• Patriot Coal Can Subpoena Docs For Peabody Spinoff Probe
• Q&A With Polsinelli's Christopher Ward
• Highway Tech Looks To Unload Equipment Quickly In Ch. 11
• School Specialty Gets Ch. 11 Plan Confirmed
• Full Speed Ahead For Bankrupt PE-Owned Ohio Printers
• 9th Circ. Relieves Broke Law School Grad Of Student Debt
• Trustee Says 'Girls Gone Wild' Founder Can't Stop Ch. 11
• FDIC Wins Malpractice Suit Against Law Firm Over $5M Loan
• China Natural Gas Demands Toss Of Involuntary Ch. 11
• $22M Sale Of Bankrupt Big M's Assets Gets Judge's OK
• LeClairRyan Adds Litchfield Cavo Finance, Bankruptcy Atty
• Grant Thornton Settles With Allianz In $1B Winstar Fraud Row
• Atty Says Dewey Claims Hearing Delay Would Be Abusive
• Bankrupt REIT Gets $50M In Deal With BlackRock, Lenders
• Q&A With Squire Sanders' Traci Rollins
• ResCap Gets $2.1B From Ally To Settle Creditor Claims
• I Would Do Anything For Confirmation, But I Won't Do That
• $211M In Borders Gift Cards Worthless After Ruling
• Chem Rx Bosses Ask 2nd Circ. To Toss $106M Clawback Suit
• PE-Owned Ohio Printers Seek Ch. 11 As Buyer Looms
• Atari Seeks OK For Plan To Sell Off Assets Piece By Piece
• Convenience Store Supplier Cooper-Booth Enters Ch. 11
• Orrick Loses Bid To Flip Heller Ehrman Fraud Transfer Ruling
• Elpida Aims To Seal $2B Micron Sale With Final Plan Approval
• Contrasting 363 And Out-Of-Court Sales
• Traffic Safety Co. Hits Ch. 11 Looking To Liquidate
• KIT Digital's $25M Ch. 11 Deal Delayed By Equity Group
• 3rd Circ. Sides With IRS In Majestic Star Casino Tax Dispute
• Q&A With Jenner & Block's Vincent Lazar
• Lehman Sells $4.2B In Claims Against Brokerage Unit
• Feds Oppose Settlement Behind $320M LifeCare Sale
• KidsPeace Opts For Ch. 11 Amid $100M In Pension Plan Costs
• A Twist In Terminating German Commercial Agreements
• Dreier Investors Say Profits Weren't Part Of Ponzi Scheme
• BNY Mellon Win In Lyondell LBO Case Upheld By NY Court
• Watchdog Report Faults CFTC Head's MF Global Recusal
• Revel Finishes Restructuring, Exits Ch. 11
• O'Melveny Lures Another Cadwalader Bankruptcy Attorney
• House Panel Advances Asbestos Trust Transparency Bill
• Nortel's British Retirees Fight Objection To $1.3B In Claims
• Ex-Digital Domain CEO, Directors Hit With Investor Suit
• WaMu Noteholders Can't Join $10B Fight, DC Circ. Says
• Deals Rumor Mill: Dish, Alere, Raytheon
• Q&A With Patterson Belknap's Dan Lowenthal
• Oreck Reaches Deal With Creditors On Expedited Asset Sale
• Former DBSI Brass Deny Ponzi Scheme Charges
• 'Girls Gone Wild' Subsidiary Cleared For Ch. 11
• Howrey Looks To Pursue Claims Against Dewey, Cooley, MoFo
• Specialty Products Judge Pegs $1.1B For Asbestos Liability
• AMF Bowling To Merge With Bowlmor Under New Ch. 11 Plan
• Former Battery Maker A123 Gets OK For Liquidation Plan
• Equipment Co. Ahern Secures $415M Bankruptcy Exit Loan
• 3 Ex-Saab Execs Arrested In Sweden For Tax Evasion
• Q&A With Arent Fox's Aram Ordubegian
• Arcapita Urges Judge To Subordinate $120M Sale Claims
• FDIC Loses Fight Over $30M In Imperial Capital Bankruptcy
• Bankrupt Norse Holding Land Hostage, Suit Says
• Wayne Newton Museum Developer Files Ch. 11 Plan
• Harrisburg Demonstrates Danger Of Public Statements
• Skadden Should Be Denied $4M Atty Fee, Radnor CEO Claims
• Winston & Strawn Faces DQ Bid In Calif. City Bankruptcies
• Bankrupt Smelter Says $130M Sale Kept It From Liquidating
• Credit Agricole Slams Lehman's $34M Terminated-Swaps Suit
• Rise Of The Machines — Predictive Coding Goes Mainstream
• Capitol Bancorp To Sell Subsidiary Banks Under New Plan
• Patriot Coal Can Pay $7M In Bonuses Despite Union Protest
• Q&A With Herrick Feinstein's Stephen Selbst
• Aussie Gambling Co. Must Face Suit Over Fontainebleau
• Pittsburgh Corning's Ch. 11 Asbestos Plan OK'd After 13 Years
• GMX Senior Lenders Offer $338M In Stalking Horse Bid
• Pioneer Loses Bid To Delay Arbitration In ATP Lease Row
• McKesson Beats Chem Rx Trustee's $10M Clawback Suit
• Homebuilder Tousa Eyes Liquidation Amid Sluggish Market
• Orrick Wants Heller Ehrman Clawback Ruling Revisited
• Powerwave's Ch. 11 Sale Approved After Creditors Strike Deal
• Dewey Ch. 11 Was Like Hitchcock's 'The Birds,' Atty Says
• Detroit's Plan May Endanger Bondholders, Moody's Says
• Kodak Seeks Green Light On $650M Imaging Biz Spinoff
• Q&A With Morrison & Foerster's Gary Lee
• What's In Store For E-Discovery In Bankruptcy?
• LandAmerica Trustee Sues To Erase PE Firm's $10M Claim
• Tokyo Court Nixes Creditor Appeal Of $2B Elpida-Micron Deal
• Monitor Co. Creditors Seek To Claw Back $2M From Landlords
• Powerwave Creditors Say Ch. 11 Sale Leaves Co. With Nothing
• Nortel's US Unit Moves To Ax European Claims
• TLO Director Balks At $6M Bankruptcy Loan From CEOs
• Shearman Snags 3 Weil Attorneys For London PE Team
• Revel's Ch. 11 Plan Gets NJ Casino Regulator's Nod
• 'Girls Gone Wild' Founder Says Marketing Co. Isn't Subsidiary
• Goldman Bests Fortress In Arcapita Bank Loan Battle
• Q&A With Irell & Manella's Jeffrey Reisner
• Fla. Judge Holds Off On Ch. 7 Option For Rothstein Firm
• Understanding The Process For Initiating Ch. 11
• US In Talks With Switzerland, Japan On Bank Wind-Down Plans
• Ruden McClosky's Buyer Cleared To Collect On Client Lien
• Lehman Agrees Citi Can Make $1.2B Claim Over Forex Deals
• Rotech Bondholders Want Baker & McKenzie Fees Capped
• AMR Wins Right To Sell $215M Tulsa Bonds
• FDA Tells DC Circ. KV Drug Compounding Wasn't A Priority
• Dissident Quigley Creditors Now Support Ch. 11 Plan
• Rotech's $30M DIP Loan OK'd Over Shareholders' Objections
• Fortress Says $350M Loan To Arcapita Beats Goldman's Offer
• US Trustee, Capstone Throw Last Punches In GSC Ethics Row
• Trustee Wins Supreme Court Fight Over Debt Relief Bar
• Bankrupt Electric Car Co. Aims To Recall Sedan Airbags
• Q&A With Goulston & Storrs' Doug Rosner
• Bankrupt School Specialty Says Equity Committee Not Needed
• Haynes And Boone Can't Shift Howrey Feud To DC Court
• Pension Fund Tells 1st Circ. PE Cos. Are Businesses
• How The Fed's Stress Test Rules Mitigate Systemic Risk
• Reader's Digest Says Ex-Workers Misused Business Info
• ResCap Keeps Examiner Report Sealed With Ally Deal
• Rothstein Victims Say Ch. 11 Plan Lets TD Bank Off Hook
• Synagro Ch. 11 Auction OK'd After Stalking Horse Bid Grows
• Dewey Judge Delays $19M Deal Ruling Over Claims Dispute
• GSC Trustee Defends Handling Of Kaye Scholer Ethics Deal
• MSR Seeks lP Asset Sale While Dodging Fund Suit In Ch. 11
• Vodka Maker's Ch. 11 Plan OK'd Despite Shareholder Protest
• Revel Casino's Reshuffle Secures Nod From Bankruptcy Court
• Ex-Gersten Savage Bankruptcy Atty Sues Over Unpaid Wages
• Sun Capital Escapes WARN Act Claims In Bankruptcy Court
• Hedge Funds Lose Bid To Appoint Trustee Over Patriot Coal
• Howrey Fires Off 4 More Suits Over Unfinished Business
• Q&A With McKenna Long's Gary Marsh
• Detroit's $15B Debt Load Portends Grim Future, Report Says
• Ex-Dewey Partner Settles Loan Dispute With Citibank
• Trustee's Objection Leads To Peregrine Class Action Stay
• Lehman Mulls Selling Piece Of $14B Claims Against Brokerage
• Ex-Dewey Execs Say Brown Rudnick Has Ch. 11 Conflict
• Atari Asks For More Time To Assemble Asset Sale
• AMR Ends FAA Violation Allegations With $25M Claim
• Q&A With Richards Kibbe's Michael Friedman
• A Tale Of 2 Burdens Of Proof In Ch. 11
• Tech Co. TLO Enters Ch. 11 After Founder's Death
• Harbinger Can't Shake 'Nil' Valuation Of Fallen Bank Stake
• Synagro's Top Creditor Offers To Fund Longer Ch. 11 Sale
• Jones Day Joins Rush Into Hot Miami Legal Market
• Texas Firms Face Steep Cuts In 'Nightmare' Tech Case
• 'Girls Gone Wild' Trustee Wants Subsidiary In Bankruptcy
• Paulson Puts MSR Hotel REIT In Ch. 11 To End 'Terrorization'
• Perkins Coie Adds Blank Rome Bankruptcy Pro In LA
• Rothstein Trustee Amends TD Bank Shield Order In New Plan
• 5th Circ. Upholds Sanctions On Group Suing Bankrupt Lothian
• Hearing On ATP's $691M Asset Sale Pushed Back
• Heller Ehrman Settles Legal-Fee Fight With Ex-Refco Exec
• Noteholders Back Trump Hotel Developer's Ch. 11 Plan
• Q&A With Burr & Forman's Mike Hall
• AMR Judge OKs $3B Financing, Holds Off On $15M Fee Dispute
• Maker Of Skinny Water Slips Into Bankruptcy
• Paul Hastings Settles BankUnited Avoidance Action
• 'Girls Gone Wild' Founder Accused Of Offshore IP Fraud
• Texas Firms Duel Over Fees In Wake Of 5th Circ. Ruling
• FDIC Tightens Squeeze On Failed Bank Execs
• Jeweler's $6.3M Claim Tossed In Filene's Basement Bankruptcy
• K-V Pharma Gets More Time To Hammer Out Ch. 11 Plan
• US Trustee Calls Foul On Atlantic City Casino's Ch. 11 Plan
• Bankrupt Big M Drops Auction As Rival's Bid Stands Alone
• Dewey Trustee Accuses Ex-CFO Of Holding Up $19M Deal
• Nuts And Bolts Of Negotiating Forbearance Agreements
• Q&A With Pachulski Stang's Laura Davis Jones
• Trustee Wants Universal Health Care To Move To Ch. 7
• Hyperlocal Online News Co. Enters Ch. 11 In NY
• Credit Suisse, Other Lenders Pay $691M For ATP Assets
• Rotech DIP Hearing Delayed Upon Shareholder Objections
• Nortel Judge Finds Appeal 'Frivolous' in $7.5B Cash Row
• Virgin Islands Law Firm Hit With Rothstein Clawback Suit
• Cadwalader's Bankruptcy Co-Chairs Jump Ship To O'Melveny
• Yarway Sues To Shield Parent Tyco From Asbestos Claims
• Citibank Wants $141M From Barclays For Lehman Losses
• Oreck Sweeps Into Ch. 11 In Hopes Of Finding Buyer
• AMR Defends $10M Financing Fees Against Trustee Protest
• Lehman Brothers To Sell Ritz-Carlton Hawaiian Resort
• ResCap Wins Plan Extension To Keep Ch. 11 Control
• Q&A With Bilzin Sumberg's Scott Baena
• Chartis Partly Escapes Suit Over Losses On $103M Hotel Loan
• Spotlight On Affiliated Lender Provisions And Debt Buybacks
• Bankrupt Developer Has Slim Odds In $11M Feud, Judge Says
• ResCap Creditors Fight CFO Testimony In RMBS Trial
• Ex-Am West Pilots Want US Airways Seniority Row Kept Alive
• Otelco's Prepack Plan OK'd After Quick Stint In Ch. 11
• 9th Circ. Favors Substance Over Form In Fitness Holdings
• Ex-Waffle House Parent Can't Get Back Dividend: 11th Circ.
• Hostess Judge OKs Pension Plan Settlements
• Struggling Pa. Capital Settles SEC's Securities Fraud Suit
• Q&A With Ezra Brutzkus Gubner's Corey Weber
• Birdsall Trustee Convinces Judge To Consider Sale
• ResCap Sues UMB, Wells Fargo Over Lien Value
• FDIC Looks To Gut BofA's $2B Suit Over Taylor Bean Fraud
• Equity Holders Say Rotech DIP Loan 'Perverts' Ch. 11 Process
• US Trustee Fights $15M Fee For AMR's Financial Advisers
• 'Girls Gone Wild' Trustee Gets Subpoena Power
• Bankrupt Electric Car Co. Gets Nod On $5M DIP Loan
• K-V Pharma Will Pursue Investors' Alternative Ch. 11 Plan
• NY Judge Ships BofA's Fontainebleau Project Doc Spat To Fla.
• Lehman Sues To Slash Syncora's $1.3B Mortgage Note Claim
• Q&A With Much Shelist's Jeff Gansberg
• Dewey Execs Say $20M Settlement Leaves Firm Vulnerable
• Bankrupt Satellite Radio Co. To Pay $2.4M To Settle Fraud Suit
• School Specialty Creditors Appeal $24M 'Make-Whole' Penalty
• Planned ATP Lease Sale May Create Enviro Hazards, Feds Say
• The Role Of Del. LLC In Asset Protection Strategy
• Bridgestone Asks Judge Not To Drop Coach America's Ch. 11
• Unsecured Creditors Given Go-Ahead To Probe Atari
• Struggling Movie Rental Business Checks Out Of Chapter 11
• VPR Creditors Say CEO's Missteps Warrant Ch. 11 Trustee
• Old GM Judge Nixes Trust's Bid For $13.5M In Cleanup Costs
• Q&A With Hughes Hubbard's Christopher Kiplok
• Lehman Says Intel Wrongly Kept $1B In Swap Deal Collateral
• How To Run Team Meetings In Complex Cases — Part 2
• Appeal In $7.5B Nortel Cash Feud Sent Directly To 3rd Circ.
• Hostess CEO's Anti-Union Talk Shows Silence Can Be Golden
• Portrait Studio Co. Seeks Ch. 7 After Abrupt Closures
• $84M Claim Against Haynes & Boone Dismissed
• Bankrupt Weapons Training Co. Gets OK For Sale Procedures
• 2nd Circ. Upholds Kodak's $24M Win In Patent Licensing Row
• Kodak Reveals Plans For Life After Ch. 11
• Q&A With Pachulski Stang's Robert Feinstein
• Examining Assignments For The Benefit Of Creditors
• Trump-Brand Developer Hits Ch. 11 With $220M In Debt
• Fillmore Capital Sues Capmark Over $220M Miami Mall Loan
• How To Run Team Meetings In Complex Cases — Part 1
• Experian Must Drop LFG Suit As Judge Mulls Sanctions
• Banks Sued For $200M Over Retiree Village Loans
• Electric Car Co. Files Ch. 11, To Sell Unit To Fortress
• Energy Investment Co.'s Bankruptcy Case Converted To Ch. 7