Bankruptcy Archive » July, 2013

Bankruptcy - July, 2013

265 articles

• Scooter Store Gets Nod To Continue Ch. 11 Under Own Power
• Akerman Attorney Tapped For Rothstein Ch. 11 Liquidation
• Tousa Asks For Approval Of Amended Ch. 11 Plan
• Business Bankruptcies Down 30% Over 2012, Report Says
• Porter Hayden Strikes $21M Deal Over Asbestos Coverage
• Broker Penson Gets Nod For Ch. 11 Liquidation Plan
• $4M Bank Loan May Belong To Bankrupt Title Co.: 6th Circ.
• Excel Maritime Creditors Say Rival Plan Is In The Works
• Detroit Retirees Bash Proposed Committee Selection
• Sun Capital Ruling Exposes PE Funds To Pension Liabilities
• ResCap Suit Over Mortgage Servicing Deal Tossed In NY
• Kodak CEO To Stay On After Bankruptcy To Find Successor
• Black Diamond, Spectrum Top Yucaipa In Allied Debt Fight
• Bankrupt Revstone Unit Unveils Pact With Chrysler, GM
• Freddie Mac Attacks ResCap, FGIC Bankruptcy Deal
• Cantor Fitzgerald, US Bank Take On AMR Ch. 11 Plan
• Lehman Unit To Face Aetna's $49M Suit, Appeals Court Rules
• Detroit Ch. 9 Judge Sets March Deadline For $18B Debt Plan
• Bankruptcy Court Decision Not 'Advisory,' 3rd Circ. Rules
• ResCap Bondholders Lose Bid To Dismiss Company's Attys
• 'Real Housewives Of NJ' Stars Released On Bond
• Kodak Equity Committee Still Unnecessary, US Trustee Argues
• Understanding The Contents Of A Chapter 11 Plan
• $3M Fee Request Questioned In Journal Register Ch. 11
• Agfeed Equity Holders Blast $79M Stalking Horse Sale Plan
• Revstone Creditors Buck Hiring Of Jacobs, Much Shelist
• Future Claims Rep Sanctioned In American West Ch. 11
• VPR Creditors Say PE Owner's $50M Claim Must Be Redefined
• 'Girls Gone Wild' Creditors Say Wynn Settlement Is Unfair
• Yucaipa Settles Allied Creditors' Suit In $58M Deal
• MF Global Trustee Again Asks Judge To Ax WARN Suit
• Patriot Coal Can Pay Hedge Funds $2M In Rights Offering Deal
• 'Real Housewives Of New Jersey' Stars Hit With Fraud Claims
• 11th Circ. Revives Funding Claims Over Failed Casino
• Mich. AG Will Defend Retirees In Detroit Ch. 9 Case
• Lehman Unit Not Owed Coverage In $15M RE Suit
• Deloitte Loses Appeal Of MG Rover Conflict Ruling
• Coming To America: Sharia-Compliant DIP Financing
• Depot Deal Removes Stumbling Block To $39M iGPS Sale
• Norse Energy Gets Nod On Plan To Sell NY Drilling Rights
• Dewey Trust Demands Docs From DLA Piper, Winston, Others
• Powerwave Gets Nod For $1.5M Credit Bid For Remaining IP
• Bankrupt Life Uniform Secures Strategic $23M Sale
• Bankrupt Ala. County To Pay $4.5M To IRS
• GMAC To Pay $230M In Fed Foreclosure Deal
• Miami Exec Wants Conviction Tossed In $40M Investor Scheme
• Obtaining Ch. 15 Provisional Relief Just Got Harder
• Sly Stone Can't Quash Ex-Manager's Bankruptcy Cases
• Rainmaker Q&A: Pachulski's Jeff Pomerantz
• US Fights Bid To Close Delphi Bankruptcy Cases
• Hawker Whistleblowers' $2.3B FCA Suit Nixed As Untimely
• Graphics Co. Wants IP Claim Set At $62M In THQ Ch. 11
• Detroit Judge Will Embrace Complexity Of Historic Ch. 9
• MF Global, JPMorgan Strike Recovery Deal
• Maxcom Aims To Quickly Restructure $200M In Debt In Ch. 11
• Handy Hardware Secures Ch. 11 Plan, Sale To PE Firm
• DHL's Antitrust Suit Will Hurt United Debtors, 2nd Circ. Told
• NECC Insolvency Ruling Will Pave Way For 3rd-Party Suits
• Harrisburg Avoids Ch. 9 With $345M Restructuring Deal
• Rainmaker Q&A: Bradley Arant's Kay Bains
• Syncora To Take Over Bankrupt Detroit Tunnel Operator
• Evaluating Who May File A Ch. 11 Plan
• Revstone Unit Metavation Gets OK For $9.5M DIP
• Sun Capital PE Funds Count As Businesses, 1st Circ. Says
• 5th Circ. Revives Refining Co.'s Challenges To Ch. 11 Plan
• Exide Wins Final Approval Of $500M DIP Over Enviro Objections
• PMI Wins Confirmation Of Ch. 11 Reorganization Plan
• Detroit Bankruptcy Judge Halts State Court Challenges
• Cengage Looks To Continue Exploring Apax Debt Buy
• Printing Co. Gets OK On Ch. 11 Plan, $19M Sale To Rival
• Sealing the Deal: Skadden Saves Vodka Co. From Liquidation
• UK's Top Court Says Lehman Pension Funds Aren't Prioritized
• 3rd Circ. Nixes Challenge To WR Grace Reorganization Plan
• Creditors May Collaborate To Avoid Borrower Default
• 500 Days Of The Revised Removal Statutes
• Mexico's Maxcom Seeks Ch. 11 Protection
• 'Girls Gone Wild' Fights Ch. 11 Trustee Deal With Wynn
• Rainmaker Q&A: Linklaters' Sabrena Silver
• Bankrupt iGPS Wins Nod For $39M Sale Despite Fierce Flak
• Joining Revstone In Ch. 11, Unit Plans $25M Sale
• MSR, Five Mile Trade Jabs Over IP Assets From $1.5B Sale
• Federal Courts In Dire Straits Under Sequestration, Senate Told
• Corzine Says Business Judgment Rule Trumps MF Global Suit
• Bankrupt Smelter Can Cut Operations As It Awaits Utility Ruling
• Powerwave Ch. 7 Creditor Objects To Proposed IP Sale
• With Lender Plan Filed, LightSquared Told To Continue Talks
• Calif. Ch. 9 Cases Will Guide Detroit On Eligibility Issues
• How They Won It: Skadden Scores For UniCredit At 2nd Circ.
• Electric Car Co. Better Place Seeks Ch. 15 Protection
• Bankrupt Rotech Lines Up $358M In Exit Financing
• Ch. 11 Buyer Targets Debtor's Insurers For Cleanup Costs
• Patriot Coal Investors Slam Execs' Bid To Ditch Fraud Suit
• Calls For Policy Fix Grow As NY Rulings Limit Trustee Power
• For Jones Day, The Pressure Is On To Save Detroit
• Hostess Can Auction Remaining Assets, Judge Says
• CIBC Dodges $77M Suit Over Failed Oil Well
• Mercantile Bancorp Securities Holders Blast $22M Sale Plan
• LightSquared Prepares For Rival Reorganization Plans
• Detroit Bankruptcy Judge Won't Delay Proceedings
• Liberty Mutual Pays $2.1M To Settle Surety Bond Row
• 5 Tips For Independent Directors Of Public Cos.
• Rainmaker Q&A: Pachulski's Bradford Sandler
• Bankrupt Pallet Co. Says $39M PE Sale A Square Deal
• Detroit's Bankruptcy Will Trump State Law Challenge
• Detroit's Bankruptcy Filing Ruled Unconstitutional
• Top 4 Conflicts Detroit Will Face In Bankruptcy
• National Envelope's $68M DIP Loan, Lender Deal Get OK
• Trustee Blasts Ch. 7 Bid In Mont. Power Co-Op Case
• Judge Boots US Objections To PMI's Ch. 11 Plan
• Conergy Plans To Sell Brand To Fla.-Based Kawa Capital
• NECC Victims Seek To Sue Others For Meningitis Outbreak
• Detroit Bankruptcy Will Be A Clinic For Struggling Cities
• 5 Things Real Estate Pros Must Know About Bankruptcy
• Bankrupt TMT Dodges Creditors' Bad Faith Complaints
• TLO Wants Founder's $40M Pruco Life Insurance Policy
• Law360's Global 20 Firms Blaze New Trails Worldwide
• TPG Wins Sanctions In Hellas Notes Case
• Bankrupt Arcapita Makes Push For $365M Subsidiary Sale
• Cross & Simon Attorney Accused Of Malpractice
• Tide Gas Wins Bid To Halt $120M Arcapita Claim Fight
• Synagro Can Seek Votes For Ch. 11 Plan To Tweak $465M Deal
• Detroit Becomes Largest US City To File For Ch. 9
• Reader's Digest Parent Reaches $5M Settlement With Mosaic
• US Not Sold On Kodak's Enviro Cleanup Deal With NY
• Aventine Sues 3 Ethanol Producers Over Soured Contracts
• Rainmaker Q&A: Lindquist & Vennum's Kevin Costley
• US Trustee Knocks Ex-OnCure CEO's Severance In Ch. 11
• NJ Pol's Bankruptcy Trustee Calls For His Arrest
• Lukoil To Pay $93M To Settle Getty Transfer Claims
• 10th Circ. Won't Let Mahalo Directors Skirt Debt-Shifting Suit
• Dewey Liquidating Trustee Collects $100M Since March
• Lehman's Deal With Luxembourg Unit Over $13B Wins Nod
• Bankruptcy Auction For Versace Mansion Gets Judge's Nod
• Revstone's $54M Nondebtor Unit Sale Won't Involve Court
• Rothstein Ch. 11 Plan OK'd As TD Bank Dispute Resolved
• US Air, American Offer EU Concessions In $11B Merger Plan
• Shipping Futures Trader Files For Ch. 15 In New York
• Back To Basics: Obtaining Court Approval Of DIP Financing
• 3 Resolutions To The Cross-Claim Conundrum
• Bankrupt Smelter Can Seek Better Power Deal, Court Says
• Exide's $500M Bankruptcy Loan Has Enviro Risks, EPA Says
• Bankrupt Hog Farmer AgFeed Takes Step Toward $79M Sale
• THQ Gets Ch. 11 Plan Confirmed, $4M Tattoo Claim Pared
• Refco Sues Cantor Over $8M Stake In Drained Tech Assets
• 2nd Circ. Won't Revive Feeder Fund Suit Over Madoff Losses
• Stockton Bankruptcy — A Battle With No Winners?
• 'Girls Gone Wild' Trustee Deal Reduces Wynn's $31M Claims
• MSR Slams Five Mile's Objection To $2M DIP
• K-V Pharma Gets Judge's Nod To Collect Ch. 11 Plan Votes
• 11th Circ. Upholds Nucor Win In Antitrust Suit
• Rainmaker Q&A: Greenberg Traurig's Nancy Mitchell
• Bankrupt Hardware Chain Gets Nod For $177M DIP
• AgFeed Industries Files For Ch. 11, Citing Hormel Award
• GAO Nixes Protest Of Rotech's $68M Home Oxygen Contract
• Saab's U.S. Unit Gets Nod For Ch. 11 Liquidation Plan
• Grant Thornton To Pay $10M In Winstar Fraud Settlement
• Miami-Area Businessman Convicted In $40M Investor Scheme
• Monitor Co. Seeks To Wrap Up In Ch. 7
• 2nd Circ. Remands ResCap Appeal Of FHFA's MBS Suit
• Rotech Says Equity Holders' Delay Would Pad Attys' Bills
• WR Grace Settles Patent Suit Over Propex Concrete Fibers
• JPMorgan Must Produce More Docs In WaMu Bondholder Suit
• US Trustee Rips Latham's Retainer In OnCure Ch. 11
• Lehman Officials Dodge Employee Stock Action In 2nd Circ.
• IGPS Ch. 11 Auction Floor Too Low, Say US Trustee, Ex-CEO
• Nortel Judge Enlists Examiner To Oversee Fee Requests
• UK Floats New Client Money Rules For Collapsed Firms
• Korean Shipper Wins Ch. 15 Recognition From US Court
• National Envelope Signs Up Support For $68M DIP, Sale Plan
• Creditors Denied Standing To Sue Capitol Bancorp Officials
• Bankrupt ResCap Seeks Approval To Jettison Fla. Property
• KIT Digital Creditors Join Opposition To Ch. 11 Plan
• $50M Vegas Casino Project Suit Kept Alive By Judge
• 10 Personal Liability Pitfalls For Directors And Officers
• US Airways Shareholders Bless $11B American Merger
• Rainmaker Q&A: Paul Hastings' Michael Fitzgerald
• San Bernardino Bond Creditors Support City's Ch. 9 Case
• Int'l Units Fight THQ Ch. 11 Plan Reclassifying $107M Claims
• Sly Stone's Ex-Manager's Bankrupt Cos. Fire Back
• MSR Slams Five Mile's Bid To Convert Bankruptcy To Ch. 7
• Rothstein Firm's Exit Plan OK'd After Settlement With Victims
• Fox Rothschild Adds Retired Bankruptcy Judge To NJ Office
• Reader's Digest Outlines Latest Restructuring Plan
• Ampal Trustee Says CEO Must Be Included In Bankruptcy
• Bankrupt Coach America Settles Bridgestone's $1M Tire Claim
• Eckert Seamans Snags Philly Bankruptcy, RE Pro
• Creditor Suit Against Bergstein Stays In Bankruptcy Court
• Regulators Say Dodd-Frank Rulemaking Nearing Finish Line
• NY Electronics Packaging Co. Seeks Ch. 11 After $100M Loss
• Bankrupt Birdsall Seeks Liquidation Under Ch. 7
• Reinsurer Wants $100M Back After 'Falsified' Storm Report
• 9th Circ. Nixes Radical Bunny Execs' Appeal In SEC Suit
• Bankrupt Smelter Says Utility Deal Not A Contract
• NY Real Estate Co. Enters Ch. 11 After $51M Court Loss
• Revised $635M ATP Asset Sale Wins Judge's Initial OK
• Equity Committee Says KIT Digital Plan Should Be Rejected
• Weil's Expenses Draw Objection From Blockbuster Trustee
• Ship Co-Owner Wants Excel Maritime's Docs On Interest Sale
• Five Mile Says MSR's Bidding Plan Wastes IP Assets
• Jones Day, Dechert Deny They Owe Coudert Partner Profits
• Where Repo And 'Customer' Claims Differ Under SIPA
• European Bank Resolution Plan Sets Up Fight With Germany
• Kodak Shareholders Renew Bid For Equity Committee
• Dissecting Strategic DIPs
• 5th Circ. Tosses ERISA Action Against Idearc Execs
• Battle Brews Over Trustee For Versace Mansion Bankruptcy
• Ex-TMST Execs Can't Escape SEC Fraud Suit
• PMI's Ch. 11 Plan Aims To Avoid Tax Bill, US Atty Says
• Bankrupt Houston Hardware Co. Seeks To Slash $18M Claim
• Goldman, Bayou Creditors Head To Mediation Over $21M Claim
• $3M Alsol Cleanup Suit Not Barred By Ch. 11, EPA Says
• If You Assign Your Plan Vote — Mean It
• China Natural Gas Drops Fight Against Bankruptcy Case
• Investors' Fraud Suit Against RVue Execs Sent To Fla.
• Contract Allows For $6.5B Archstone Sale, Lehman Says
• Rotech Equity Holders Allowed To Hire Financial Expert
• Rothstein Victims Slam $30M Fee Request By Trustee Counsel
• Oreck Family Loses Bankrupt Vacuum Co. To Rival
• Insurer Challenges Detroit's Plan To Halt Debt Payments
• Utility Wants Bankrupt Smelter Kept From Altering Energy Deal
• Bankrupt Zacky Farms Settles Rival's Trademark Claims
• Flowers Foods Gets Fed OK For $360M Hostess Deal
• Ark. Bank Co. Enters Ch. 11 With $16M Recapitalization Offer
• Worldwide Energy Seeks Ch. 11 Protection
• Feds Seek 2 Years In Prison For Ex-Kirkland Partner's Fraud
• Bankrupt Hardware Co. On Track To Be Scooped Up By Lowe's
• Silver Point Seeks Full Interest Payment In K-V Bankruptcy
• Morgan Lewis Hires Finance Team From Gide Loyrette
• ResCap Plan Offers Some Recovery To Unsecured Creditors
• MF Global, JPMorgan Deal Unlocking $1B Gets Judges' OK
• Envelope Maker's Trustee Can't Pin Downfall On Principals
• Exide Bankruptcy Loan Shirks Enviro Liability, Texas Says
• Unigene Claims $64.2M Liabilities In Ch. 7 Petition
• Rothstein Victims Blast $72M TD Bank Deal, Exit Plan
• EU Lawmakers Want Banks' Trading Split From Deposits
• Five Mile Wants MSR Hotels' Bankruptcy Converted To Ch. 7
• Drafting And Negotiating Extraordinary Provisions
• Ex-SemGroup CEO Can't Dodge Limited Partners' Fraud Suit
• 3rd Circ. Asked To Nix $1B Specialty Products Asbestos Appeal
• Consumers Say AMR-US Airways Merger Cripples Competition
• Ex-CEO Of Bankrupt Scooter Store Wants Legal Fees Covered
• Fairfield Trustee Loses Bid To Undo $230M Madoff Claim Sale
• Fed, FDIC Release 4 Banks' 'Living Will' Outlines
• Grocery Chain Belle Foods Seeks Ch. 11 Protection
• 9th Circ. Upholds Strict Deadline For Bankruptcy Filings
• Bankrupt Exide Can Keep Battery Recycling Plant Open
• Patriot Coal Close To Deal With Miners Union
• Textbook Publisher Cengage Enters Ch. 11 In NY
• Orchard's Ch. 11 Auction Plan Chills Competition, Lender Says
• Allied Exec Bonus Plan Would Pay $3M If Sale Tops $200M
• Excel Maritime Docks In Ch. 11 With Lenders' Backing
• ATP Oil Unit Can't Dodge Discharge Concealment Suit
• Rotech Investors Say Judge Erred By Nixing Financial Expert
• AGs Join DOJ Probe Of Planned American, US Airways Merger
• ICP Hedge Funds Seek Ch. 15 Protection In NY
• Mercantile Bancorp Draws Flak With $22M Stalking Horse Deal
• CORRECTED: Thelen Trustee Settles With Ex-Partners Over Unfinished Biz
• IndyMac Execs Can't Tap $80M In D&O Coverage, 9th Circ. Told
• 24 Patton Boggs Defectors Land At Holland & Knight
• The Brains Behind Bullock V. BankChampaign
• IGPS Auction Plan Gets Nod, But Judge Wary Of Price
• Kodak Seeks Voting Extension For Ch. 11 Plan
• Ala. County's $1.2B Debt Reduction Plan Stings JPMorgan
• ResCap Noteholders Say $1.8B Claim Must Be Allowed
• Ex-Akerman President To Join Carlton Fields In Miami