Bankruptcy Archive » June, 2013

Bankruptcy - June, 2013

263 articles

• Judge Not Biased By Anna Nicole Smith Bankruptcy: 9th Circ.
• KIT Digital Reaches $6M Deal To End Securities Class Actions
• Rothstein Victims Want $72M TD Bank Deal In District Court
• Bankrupt Hardware Chain Orchard Can Hold Liquidation Sales
• MF Global Judge Rips $40M Defense Cap Request
• Reader's Digest Ready To Close Book On 2nd Bankruptcy
• IGPS Creditors' Committee Says Ch. 11 Loan Budget Too Low
• Mercantile Bancorp Deposits Itself In Ch. 11
• Rotech Equity Holders Lose Bid To Hire Valuation Firm
• Archer & Greiner Snags Bankruptcy, Enviro Litigation Pros
• US Bank Urges Dewey Judge To Allow $8M Equipment Claim
• Brooke Corp. Founder Pleads Guilty To Deceiving SEC
• Weil Layoffs Show New Market Pressures Cut Deep
• Major TMT Creditor Says Ch. 11 Case Filed In Bad Faith
• ResCap Would Have Won On $3B Ally Claims, Examiner Says
• Covanta, Harrisburg Reach Deal Over $22M Loan Default
• Deloitte Escapes Suit Over Diagnostic Ventures' Collapse
• Edison Energy Wants JP Morgan To Explore Ch. 11 Sale
• CFTC Sues Corzine Over MF Global Downfall
• Bankrupt Ala. County Reaches Deal With Lenders
• Lehman Trustee, Luxembourg Affiliates End $13B Dispute
• Bankrupt Highway Tech Gets Nod On $8M Branch Sales
• TD Bank Wins Round In Rothstein Discovery Fight
• Judge Greenlights AMR Airport Leases, New Aircraft
• Game Co. THQ Wants $4M Tattoo IP Claim Out Of Ch. 11 Vote
• Anadarko Seeks To Stall ATP's Oil Field Abandonment
• Bankruptcy Court Bungled Damages Owed, 7th Circ. Says
• Lehman Creditors' Attys' Fees Unfair, US Trustee Says
• Revstone's $54M Sale Of Nondebtor Units In Limbo
• Prommis' Foreclosure Service Unit Joins Ch. 11 Case
• Pali Co-Founder Sues For $5.5M In Damages From Coup
• Pfizer To Pay $964M In Quigley's Approved Ch. 11 Plan
• Madoff Trustee Not Unlike Ordinary Bankruptcy Trustees
• Bankrupt Real Estate Investors On Hook For $9M Loan Default
• ResCap's $2B Ally Deal Approved, Examiner Report Unsealed
• US Judge Approves Micron's $2B Takeover Of Elpida
• An Exploration Of Lending And The Bankruptcy Code
• 'Repo' Claims Aren't Protected By SIPA, Judge Rules
• MF Global Won't Challenge Firm $40M Cap On Attys' Fees
• Sly Stone Wants Ex-Manager's Bankruptcies Junked
• US Trustee Protests IGPS Plan For Ch. 11 Sale
• 'Pink Slime' Meat Co. Gets Nod On Creditor, Worker Deal
• Kodak Gets Judge's OK To Solicit Votes For Ch. 11 Plan
• 5 Tips For Trial Lawyers In Bankruptcy Court
• Judge Likes Tune Of Wayne Newton Museum Ch. 11 Plan
• Broadcaster Slips Into Ch. 11 After $47M Jury Verdict
• Rothstein Trustee Cannot Halt Versace Mansion Lawsuit
• MF Global's Corzine May Face CFTC Enforcement Action
• What To Know About The Common Interest Privilege
• Scooter Store Gets Nod For Ch. 11 Auction In August
• More BigLaw Layoffs Expected After Massive Weil Cuts
• Beef Supplier Challenges 'Pink Slime' Co.'s WARN Deal
• Bankrupt Oncology Centers Reveal $125M Offer On The Table
• McGuireWoods Picks Up Ex-Winston & Strawn Bankruptcy Pro
• ResCap Balks At Credit Union's $200M In Claims
• Supreme Court Spurns Pfizer Asbestos Liability Fight
• Justices To Hear Bankruptcy Case Challenging Stern's Scope
• Secret Pursuit Of Asbestos Bankruptcy Claims Must End
• Weil Gotshal Hired In Calif. Ch. 9 Cases After Winston DQ
• Committee Wants Revstone Units In Ch. 11 Before Sale
• Evergreen Oil Names Clean Harbors As Stalking Horse
• 7th Circ. Affirms Toss Of $17M Mayer Brown Malpractice Suit
• Rothstein Victims Say TD Bank Evidence Must Be Heard
• Kodak Scores Deal To Avoid Enviro Liabilities
• Smucker False Ad Plaintiff Can Recover Fees, Judge Rules
• Korean Cargo Company Seeks Ch. 15 To Stay Afloat
• Ship Seizures Push TMT Group Into Bankruptcy
• 'Free And Clear' Means Free And Clear
• Blackstone Pays $10M To End $1B Extended Stay Buyout Suits
• Judge OKs Settlement Over Miami Investor's Rothstein Claims
• Skadden Can Collect Disputed $4M Fee In Radnor Ch. 11
• Credit Suisse Feels The Heat Over Solar Energy Co.'s Ch. 11
• Shook Hardy Wants Atty Evals Nixed In Ponzi Scheme Suit
• Kodak Gets OK For $650M Imaging Spinoff To UK Retirees
• Defense Firms Quiet Victors In $30B Madoff Ruling
• Dewey Judge Signs Off On $17M In Legal Fees
• Solyndra Lien Fight Must Stay in Delaware, Judge Says
• Tousa Wins 1st Approval Toward Liquidation
• Putnal V. SunTrust May Upset Addison Precedent
• 2nd Circ. Limits SIPA Trustee Power In Madoff Case
• GAO Says American-US Air Tie-Up Would Restrain Competition
• Kodak Secures Up To $895M In Loans For Ch. 11 Exit
• Allied Wins $33.5M Replacement Loan Over Yucaipa Protest
• Lenders Ask Judge To Hold LightSquared To Deal Terms
• No Asbestos Indemnification For Bankrupt Co.: NJ High Court
• Introducing The Parties To A DIP Financing
• US Air, American Execs Defend Merger Against Senate Grilling
• ArmorWorks Ducks Into Ch. 11 To Ditch Investor Suit
• 2nd Circ. Sets Up Hurdle For Asset-Freeze Hearings
• Trustee Doesn't Have Backstreet's Back On Ch. 11 Claims
• Patriot Coal In Ch. 11 Plan Talks With Hedge Funds
• Mayer Brown Settles Claims It Aided $1.5B Refco Fraud
• Kodak Captures $406M In Equity Financing For Ch. 11 Exit
• Specialty Products Wants $1B Asbestos Appeal In 3rd Circ.
• Howrey Settles With Dickstein, Novak Druce, Wilson Sonsini
• Bankrupt Hardware Chain Orchard Gets Nod For $176M DIP
• Verizon Finishes Off Creditor Suit Over $9B Idearc Spinoff
• Rothstein Trustee Wants Investors' Evidence Excluded
• OnCure Gets $25M Bankruptcy Loan Greenlighted For Now
• Laser Co. Plans To Use Litigation Profits To Pay Creditors
• Bank-Holding Cos. Can Benefit From TAAs In Bankruptcy
• Whyte V. Barclays Follows The 546 Safe Harbor Trend
• Rotech Equity Holders Lose Bid To Hire Moelis As Adviser
• Tribune Could Owe $500M In Taxes On Cubs, Newsday Deals
• Lenders Up Cash Bid By $10M For ATP Oil Assets
• Mexico's Maxcom Mulls Prepackaged Ch. 11 With Creditors
• Bankrupt Insurer Ducks Congoleum Asbestos Coverage
• Tousa's Liquidation Plan Needs Redo, US Trustee Says
• Reader's Digest Affiliate Seeks Extension To File Ch. 11 Plan
• Hardware Store Chain Plans $205M Sale To Lowe's In Ch. 11
• JPMorgan Wins $15M From Meritage In Project Loan Suit
• 'Naked' Liens Don't Open IRAs To Creditors: 6th Circ.
• Ch. 7 Surcharge Appeal Taken Up By High Court
• Creditors Balk At Capitol Bancorp's Plan To Sell Off Banks
• WR Grace Bankruptcy Plan Favors Company, 3rd Circ. Told
• BofA Denied Interim Appeal Of FDIC, Taylor Bean Ruling
• PE-Owned Printing Co. Gets OK For $20M DIP Package
• 'Pink Slime' Maker Reaches New Bankruptcy Settlement
• Developer Barred From Bankruptcy For Gaming System
• Embassy Suites Operator To Sell Off Hotels In Ch. 11 Plan
• Akerman Senterfitt Hit With $4.6M FDIC Malpractice Suit
• Lehman Trustee Trims $8.5M Off Affiliate's Claim
• Medical Services Co. Enters Ch. 11, Citing Medicare Woes
• How Flexible Flyer Slipped Past The WARN Act
• 2nd Circ. To Review Class Cert. In Madoff Feeder Fund Suit
• KIT Digital Disclosure Statement, $25M Support Deal OK'd
• Great Wall Gets Nod To Buy Satcon Assets In $6M Deal
• Bankrupt Exide Sues Calif. Regulator Over Plant Shutdown
• Pearlman Victims To Get 4% Of Losses Under Ch. 11 Plan
• Texas High Court Won't Review $2M RE Malpractice Claim
• GAO Rejects Beechcraft's Protest Of Air Force Contract
• Lehman Derivative Litigation Still Looms Large
• Yucaipa Slams Revisions To Allied's $33.5M Loan, Sale Plan
• Detroit To Halt Debt Payments As Part Of Restructuring
• Sealing The Deal: Weil Reps Lehman In $4B Claims Sale
• ResCap Examiner Report Should Be Unsealed: US Trustee
• Dreier Creditors Fight $10M Claim From Ex-Partner In Calif.
• Nearly All Asbestos Claimants Back New Quigley Ch. 11 Plan
• Rothstein Feeder Fund Trustee Defends $72M TD Bank Deal
• Winston & Strawn DQ'd From San Bernardino Bankruptcy
• Stockton Bankruptcy Judge Slings Sharp Words At Assured
• DLA Piper Shakes Malpractice Claim In Broke Hospital's Suit
• Corzine Objects To $200M 'Loan' In JPMorgan, MF Global Deal
• Bankrupt ATP Gets OK To Abandon Oil Lease, Access Cash
• Rotech Gets OK To Seek Votes On Ch. 11 Plan
• Sony, Nikon Skeptical Of Kodak's $650M Spinoff Plans
• 3 Tips On How To Prepare For The New Ch. 11 Fee Guidelines
• Birdsall Firm Cops To Pay-To-Play Scheme
• AMR Gets Green Light To Buy Back $1.2B Bonds
• Bankrupt Atari Wins Approval To Dump Assets Bit By Bit
• Thelen Can't Claw Back Hourly Fees, NYC Bar Tells 2nd Circ.
• United Can't Dodge DHL's Pricing Claims, 2nd Circ. Hears
• Catch Me If You Can: How To Serve Foreign Defendants
• Solyndra Trustee Says Lien Fight Should Stay In Delaware
• Ch. 11 Fee Rules Still Vex Bankruptcy Attys
• ResCap Urges 2nd Circ. To Block Feds' Suit
• Miners Union Says Patriot Coal Ditched Labor Talks
• An Evaluation Of Valuation In 363 Sales
• Rothstein Assets Not Subject To Forfeiture, 11th Circ. Says
• US Trustee Says Revstone Can't Keep Creditor Deal Secret
• Mortgage Co. Says Reed Smith Neglected Fraud Suit Coverage
• ResCap Gets Court Approval To Pay $1.1B Ally Debt
• Icahn To Raise Funds For Federal-Mogul Recap
• US, Canada Reach Agreement On Winding Down Big Banks
• Circuit City Settles LCD Price-Fixing Claims Against Sharp
• Fortress Strikes $25M Deal For Failed Electric Car Co. Coda
• US Can't Halt Payouts From LifeCare's $320M Sale To Carlyle
• National Envelope Lands $67.5M Loan To Keep From Folding
• US Says States, Banks Aren't Harmed By Dodd-Frank
• Marinas International Divisions Sail Into Ch. 11
• Howrey Creditors May Subpoena Arent Fox, Arnold & Porter
• Auto Parts Manufacturer Parks Subsidiaries Into Ch. 7
• Idearc Execs Strike $34M Deal To End Investors' Fraud Claims
• Exide Gets A Boost From Approval Of $500M Bankruptcy Loan
• Arcapita Bank Judge Greenlights Ch. 11 Plan
• Excel Maritime Plans To File Ch. 11 Amid Industry Woes
• DOJ Comes Out Swinging In New Bankruptcy Fee Guidelines
• PE-Owned Dairy Co. Fetches $7.4M at Ch. 7 Auction
• Justices May Shift US Courts' Role In Global Arbitration
• 2nd Circ. Walls Off Favored Path To Early Excess Coverage
• Kodak Disclosure Statement Lacks IP Info, Tech Cos. Say
• Budget Impasse Puts ATP Bankruptcy Financing At Risk
• Battery Maker Exide Looks To Recharge In Ch. 11
• Judge Nixes $3B Lawsuit Against GM Over Saab Bankruptcy
• ResCap Again Urges Approval Of $1B Ally Payout
• As The Web Kills Mail, Envelope Maker Hits Ch. 11 Again
• Ex-Saints Players, Coach Settle Investor Fraud Claims
• Distressed Investing In Cyprus: The Cyprio Bank Bail-In
• Tousa Insurers To Pay $67M To End Suit Against Directors
• Bankrupt Arcapita Gets Initial OK For $175M Goldman Loan
• 'Conduit' Banks Can Trigger Ch. 11 Safe Harbor, 2nd Circ. Says
• ResCap, FGIC Reach Deal To Slash $5.5B Bankruptcy Claim
• Top Court Will Review $185M Arbitration Award Reversal
• AES Liquidating Trustee Launches $20M In Avoidance Suits
• JP Morgan, BNY Mellon Want Class Bid Denied In Bond Row
• Howrey Creditors Target Arent Fox, Others Over Unfinished Biz
• Judge Won't Give Idearc Creditors Jury Trial In $9.9B Suit
• CalPERS Fights To DQ Winston & Strawn In Calif. Bankruptcies
• MF Global Customers Seek $40M Cap On Attys' Fees
• TMG, Northwood Ink $122M Deal For Key Transbay Site
• SEC Can't Jump-Start JPMorgan Pay-To-Play Suit
• CORRECTED: Madoff Trustee Rips Judge Over Merkin Deal
• K-V Judge Signs Off On Investors' $275M Plan
• Arcapita's $95M Standard Chartered Deal Clears Ch. 11 Snag
• Pallet Co. IGPS Wins $12M DIP Loan, Sets Stage For Sale
• Deloitte Not To Blame For Insurer's Collapse, Judge Rules
• Kodak Stock-Drop Plaintiffs Want Say On Ch. 11 Plan
• Highway Technologies' Creditors Press For Ch. 7 Conversion
• How To Secure Your D&O Liability Insurance Lifelines
• AMR Inks Cash-Saving Lease Deals In Advance Of $11B Merger
• Tribune Asks Judge To OK Fee Mediation With Bond Trustees
• Highway Technologies Seeks To Sell Off Branches For $5M
• Bankrupt Pallet Co.'s $12M DIP Loan Bid Put On Hold
• China Natural Gas Director Fires Back At Bid To Ax Ch. 11
• 5th Circ. Says Co. Must Forfeit Land To Fulfill $173M IRS Claim
• LightSquared Judge OKs Pursuit Of Jefferies Exit Loan
• CDC Trust Sues AIG Over $9M In D&O Coverage
• UK Antitrust Watchdog Blocks Eurotunnel's Ferry Plan
• Mediators, Expand Your Tool Kit In Complex Litigation
• Bankrupt Ariz. Developer Seeks Creditor's Legal Bills
• PMI Group Gets Green Light To Seek Votes On Ch. 11 Plan
• Berkshire Hathaway Fights ResCap's Bid For $1B Ally Payout
• Downey Financial's $374M Tax Refund Deal OK'd In Ch. 7
• Jefferson County Debt Deal Won't Translate To Other Ch. 9s
• Ahern Rentals Ch. 11 Plan Gets Green Light
• NJ Hospital Gets Go-Ahead For Liquidation Plan
• Andrews Kurth Welcomes Back Bankruptcy Pro
• Pallet Co. Plans Quick Ch. 11 Sale To PE Group
• LifeCare Says US Can't Freeze Funds From $320M Carlyle Deal
• CFTC Hits US Bank With Suit Over $215M Peregrine Fraud
• Embassy Suites Group Shouldn't Get Ch. 11 CRO: Trustee
• Bankrupt Rotech Protests Equity Committee's Bifferato Hire
• Analyzing Ch. 15 Recognition Motion And Provisional Relief
• New Howrey Lawsuits Target 2 European Firms, Ex-Partners
• Jefferson County Reaches $1.8B Deal To End Ch. 9
• Edgewater V. HIG Demonstrates Article 9 Sale Standards
• Trustee Slams $25M Bid For Bankrupt Electric Car Co. Unit
• Fla. Developer Agrees To Pay $30M To Settle Ch. 11 Feud
• Dynegy Ch. 11 Plan Gets Nod Over Investor's Objections
• Triad Guaranty Seeks Ch. 11 Amid Shareholder Suit
• Vorys Picks Up Bankruptcy Expert From Andrews Kurth
• Sly Stone's Ex-Manager Seeks Ch. 11 Relief In Royalties Row
• Conexant Set For Speedy Ch. 11 Exit After Plan Wins Nod
• Cozen Lands 8 Hinshaw Attys For New Minneapolis Office
• 2nd Circ. Lets Excess Insurers Off Hook In D&O Liability Spat
• Majestic May Prompt 3rd Circ. 'Property Of Estate' Review
• Howrey Creditors Stake Claim To Profits From IP Client
• AMR Cleared To Solicit Votes For Ch. 11 Plan
• 'Girls Gone Wild' Creator Rips Subsidiary's Ch. 11 Filing
• Russian Partner Can't Dodge $350M Boeing Suit Over JV
• FRCP Amendments Could Change Discovery As We Know It
• Birdsall Creditors Back Liquidation Amid Pay-To-Play Woes
• Bankrupt Smelter Ormet Gets OK For $130M Sale To PE Firm
• Haynes And Boone Can't Ax Ex-Client's $10M Legal Fee Claim
• AstraZeneca Unit's Ch. 11 Case Gets The Ax
• Skadden Denies Collusion, Seeks $4M Fees In Radnor Ch. 11
• AMR To Continue Frequent Flier Program With Citibank
• Bankrupt Hardware Wholesaler Seeks Sale To PE Firm
• 'Real Housewives Of NYC' Star Gets Bankruptcy Trustee
• Brazilian Power Cos. Bid $1.5B For Bankrupt Utility's Units
• PwC, Citco Tell 2nd Circ. $80M Madoff Fund Deal Is Unfair
• MF Global, BofA Reach Deal On $4M Bankruptcy Claim
• Maxygen Says It Will Liquidate, Pay Off Shareholders