Bankruptcy Archive » October, 2013

Bankruptcy - October, 2013

283 articles

• New Stream Fraud Charges Should Not Be Nixed, Feds Say
• Haynes And Boone Settles Ex-Client's $10M Atty Fee Suit
• PE-Backed Oil Co. Gets Interim OK For $16M DIP Loan
• Patriot Coal Looks To Pursue $576M Ch. 11 Exit Financing
• Dewey & LeBoeuf Domain Name Sells For $210K
• Land Developer Blames Arkansas Bank For Ch. 11
• Pitfalls And Misconceptions Of Cayman Company Shares
• Bankrupt Ormet Lines Up Extra $10M DIP To Fund Wind Down
• MF Global Sues JC Flowers, Investors Over $20M Dividends
• Brazilian PE Fund To Acquire OGX Natural Gas Unit
• Suntech Will Contest Involuntary Ch. 7 Filing In NY Court
• Batista's Oil Firm OGX Files For Bankruptcy In Brazil
• Taylor Bean Says PwC's Negligent Audits Missed Fraud
• Astros, Comcast Strike Truce In Row Over Network's Ch. 11
• Oil Exploration Co. Seeks To Sell Assets Under Ch. 11
• Legal Demand Is Up — How Are Law Departments Managing?
• Canadian IT Firm Xchange Wins Interim Stay In Ch. 15
• Madoff Trustee OK'd To Seek Out $8B In Customer Funds
• Texas Group Seeks $60M Cleanup Bond For Luminant Mine
• A Guide To The Ch. 11 Initiating Process
• Deals Rumor Mill: Berkshire, Blackstone, BlackBerry
• K-V, Secured Lenders Reach $5M Deal To End Interest Row
• US Air, AA Ready To Defend Merger Deal In Trial, Atty Says
• Paving The Way For The Next Financial Meltdown
• Ally Settles Feds' Mortgage Suits, Records $170M Charge
• Investors Fire Back At PwC In MF Global Securities Suit
• Anderson Slams Publishers' Bid For Antitrust Counterclaim
• Xchange Technology Group Seeks Ch. 15 In Delaware
• Duke Should Face Fraud Claims Over Crescent Ch. 11: Trustee
• Norwegian Co. Allowed To Stay In Boeing $350M Contract Suit
• Dewey, Proskauer Win Bid For $8.8M In MF Global Fees
• Harbinger Can't Sue Dish Chairman, But LightSquared Can
• Green Field Gets Interim OK For $30M Bankruptcy Loan
• Testing Co. MedLab Gets Interim Nod For $5M DIP
• UAW Challenges Detroit's Bid For Bar Date
• Ormet's Ch. 11 Wind-Down Plan Put On Hold
• Wal-Mart Suit Part Of Biscayne Asset Sale, 11th Circ. Says
• MedLab Seeks Ch. 11 Amid Medicare Reimbursement Cuts
• Creditors Want Say In American-US Airways Antitrust Suit
• 9th Circ. Says Asbestos Law Bars Insulation Co.'s Ch. 11 Plan
• New Bankruptcy Fee Guidelines Won't Hurt Attys' Paydays
• Fracking Co. Enters Ch. 11 With Plan To Restructure Debt
• Dewey Liquidating Trust Hit With $50M Malpractice Suit
• 2nd Circ. Releases Lehman From Securities Class Action
• Canned Vegetable Co. Files For Ch. 11 Reorganization
• Schulte Scores $21M Payday For Quigley Bankruptcy Work
• Bankrupt Hotel Owner Lands $5.5M Bid For NJ Property
• CFPB Clears Things Up For Mortgage Servicers
• Squire Sanders Hit With Ouster Bid In ArmorWorks Bankruptcy
• US Trustee Wants Ormet Bankruptcy Converted To Ch. 7
• Calif. Agencies Say San Bernardino Suit Is Unconstitutional
• Chicago Spire Creditors Want Ch. 11 To Stay In Del.
• Hotel Employment Co. Gets Interim Nod For $7M DIP Loan
• Ponzi Schemer Starr's Ch. 7 Trustee Sues Luxury Condo Co.
• Barnes & Thornburg Adds Exec Compensation Pro In Chicago
• Chinese Solar Co. Gets Approval On Bid For Suntech Assets
• Whitehaven Wants Restructuring After Snafus At $735M Mine
• Biz Groups Add To Swelling Support For AA-US Airways Deal
• ABC Learning Highlights Important Ch. 15 Principles
• Stroock Faces $80M Malpractice Suit Over Soured Loan Deal
• PE Firm Beats Bus Driver's Employment Suit
• Chicago Spire Developer Wants Ch. 11 Moved To Ill.
• NYC Ballet Appointed To NYC Opera's Creditor Committee
• Hedge Funds Can't Look Into $1B Lehman Claim Sale
• Senior Lenders Sue Cengage Over $430M Withdrawal
• Hotel Staffing Co. Enters Ch. 11 With PE-Backed Sale Plan
• Bankrupt Grocer Fresh & Easy Gets Go-Ahead For Auction
• Bankrupt 'Life Of Pi' Studio Gets Nod For $1M Worker Deal
• Lehman Judge Disses FHFA's Bid For $1B Claim Priority
• Lehman Says Giants Stadium Owes $100M Over Swap Deals
• Privacy Concerns Nix Bankruptcy Sale Of Dating Site Data
• BigLaw Tells Judge Not To OK Dewey & LeBoeuf Probes
• Nirvanix Gets Green Light For Twin Ch. 11 Sales
• FDIC May Have Selfish Motives For Rare D&O Guidance
• CalPERS Appeals San Bernardino's Bankruptcy Eligibility
• Bankrupt Miami Casino Sets Sights On Asset Sale
• Howrey Strikes Settlement With Ropes & Gray
• Mayors Urge DOJ To Allow AA-US Airways Merger
• Harrisburg Controller Can't Stop City's Restructuring Plan
• Brazilian Bank Files For Ch. 15 Protection
• Cammareri Bakery, Of 'Moonstruck' Fame, Hits Ch. 11
• Lehman Loses Bid For Setoff Of $2B Citi Claim
• FHFA Joins Opposition To ResCap Ch. 11 Plan
• How To Comply With Local Ch. 11 Procedural Guidelines
• Proskauer, Dewey Allegedly Highballed Fees In Ch. 11 Case
• Visteon Retirees Can Keep Fighting For Benefits, Judge Says
• Rockets Support Comcast Network Ch. 11 In Split From Astros
• Creditor Probe Of Revstone Unit OK'd By Judge
• DMX Ruff Ryding Through Ch. 11, Bankruptcy Watchdog Says
• Covington, Shearman, Kirkland End Howrey Rows For $2M
• Bankruptcy Judge Tells MSR To Rework Secured Lender Deal
• Detroit Retirees Say City Illegally Cut Health Benefits
• Genetics Testing Co. Seeks Out Ch. 11
• Botched Mediation Warrants Sanctions, Alma Tells 6th Circ.
• Deals Rumor Mill: BlackBerry, Beechcraft, Goldman Sachs
• Boutique Firm Shakes Appeal In Investor Malpractice Suit
• How To Handle D&O Coverage In A Bankrupt Co.
• Bankrupt Exide Agrees To Extend Injury Claims Deadline
• $13B JPMorgan Deal Could Complicate Big Bank Resolution
• Bankrupt MSR Hotels Gets Nod For IP Asset Auction
• Insurers, Mortgage Lender Challenge ResCap Ch. 11 Plan
• Bank Holding Co. DIP Request On Hold Amid Creditor Worries
• American Airlines Unions Can't Undo Consolidation: 7th Circ.
• FHFA Wants $1.2B Lehman Claim Handled Out Of Bankruptcy
• GM, Nova Scotia Bondholders' $1.5B Deal OK'd, Fees Denied
• Canadian Energy Co. Lone Pine Granted Ch. 15 Protection
• How To Prepare Witnesses To Make (Not Break) Your Case
• 172 Madison: A Firm Warning To Potential 'Bad Boys'
• Trade Group Urges 2nd Circ. To Block Trustee's Suits
• Bankrupt Longview Power Fights To Tap $59M Credit Line
• Astros May Strike Out In Bid To Ax Network's Forced Ch. 11
• Detroit Needs To Hand Over Jones Day Docs, Union Says
• Kohn, Madoff Family Members Freed From $49M UK Suit
• Baker Botts Reps NRG In $2.6B Bankrupt Edison Mission Buy
• Publishers In Anderson Price-Fixing Suit Seek Counterclaim
• Ex-NASA Contractor Can't Stay Iran Embargo Case: 4th Circ.
• Calif. Lawmakers Blast Claims Deadline In Exide Bankruptcy
• Fed Gov. Urges Bankruptcy Code Changes For Failed Banks
• Unions Say Detroit Can't Show It's Insolvent
• Dewey's Internet Domain Name On The Auction Block
• Forex Hedge Fund Seeks Ch. 11 Amid Market 'Deterioration'
• ATP Deepwater Asset Sale Gets Final Nod From Judge
• Ex-Dechert Bankruptcy Pro Joins Morgan Lewis In NY
• Detroit's Cash Flow Improves As City Ceases Debt Payments
• Texas AG Seeks To Block Transfer Of Dating Site's User Info
• Bankrupt Ormet Gets Nod For PBGC Pension Takeover
• Bionol Trustee Settles Claim Over $165M Construction Deal
• Former Hostess Co. Settles Bad Bread Suit With Utah Bakery
• Dewey Estate Reaped $11M In Recoveries Since July
• Tex. Holding Cos. Get Bidder For Dallas Bank, Seek Ch. 11
• SEC Argues For Broader Power Over SIPC Liquidation
• MF Global Execs Say Trustee Can't Sue If Customers Get Paid
• Revstone Unit OK'd To Probe Creditor In Bankruptcy Battle
• Sullivan & Cromwell Hires DOJ Vet To Run Appeals Group
• Comcast Urges Judge To Preserve Houston Network's Ch. 11
• Workers Seek $40M In Wages From Bankrupt Rural/Metro
• Dems Pressure DOJ To Drop AA-US Airways Deal Challenge
• Edison Mission Ch. 11 Doesn't Bar Enviro Action, Judge Told
• LCD Makers Look To Trim Circuit City Antitrust Claims
• How To Negotiate A Ch. 11 Plan Support Agreement
• Reed Smith Can't Shake EquiHome Malpractice Suit
• Dental Trustee Sues To Recover $1M From King & Spalding
• 2nd Circ. Frees Deloitte From $300M Malpractice Suit
• Savient Gets Nod To Fund Ch. 11 Sale With Cash Collateral
• Seyfarth Shaw Sued Over Giordano Ch. 11 Advice
• AMR Judge Greenlights $785M In Secured Aircraft Financing
• Mich. Says Funding State Court In Detroit Is City's Problem
• Merger Review May Be A Moving Target During Shutdown
• Revel Sued By IDEA Boardwalk Over Bar, Nightclub Lease
• Excel Maritime's Creditors Get OK To Probe Affiliate
• Savient Pharmaceuticals Files For Ch. 11, Plans $55M Sale
• US Bondholders Attempt To Force Suntech Into Ch. 7
• 2nd Circ. Frees JPMorgan, BofA Of Fabrikant's Fraud Case
• ResCap Slams Bondholders' Bid For Higher Payout
• Moore & Van Allen Nabs Puerto Rico Bankruptcy Pro
• Collateral Clash Will Be Heart Of ResCap Interest Trial
• Furniture Brands Gets Nod For $140M DIP, Employee Bonuses
• US Blasts Retirees' Attempt To Thwart Detroit Bankruptcy
• Detroit Bankruptcy Court Continues Operating Amid Shutdown
• The Best Question To Ask Your Potential Outside Counsel
• Penthouse Publisher Gets OK For $500M Restructuring Deal
• Investors Tell 2nd Circ. Not To Revive $143M Barclays Suit
• Bankruptcy Courts Do Have Power To Decide State Law Issues
• Owners To Sell Off Queens Building To Lenders In Ch. 11
• $105M Personal Communications Sale Gets Green Light
• Trustee Wants Bankrupt NJ Hotel Owner's Auctioneer Tossed
• NJ Ruling Protects Insureds From Insolvent Carrier Gaps
• $51M Stalking Horse Bid For AgFeed's China Units Wins OK
• NY AG Defends $410 Merkin Settlement At 2nd Circ.
• Chicago Spire Developer Hit With Forced Ch. 11 Petition
• Court Urged To Let DOJ Veil Sources From AA, US Airways
• New York City Opera In Talks Over Merger Possibility
• Bankrupt OSG To Sue Former Attys Over Faulty Advice
• Patriot Coal Secures Funding For Ch 11. Exit
• Md. Military Equipment Manufacturer Files For Ch. 11
• French Bankruptcy Shields Modeling Agency From Default
• Stradley Ronon Can't Dodge $200M Malpractice Suit
• Longview Power Postpones Ch. 11 Fight With Contractors
• ATP Unit Objects To Anadarko Oil Field Clean-Up Deal
• Bankrupt IPC's $25.4M Sale To Universal Protection Approved
• Fulbright Can't Shake Malpractice Suit Over Petters Scheme
• Downey Financial Trumps FDIC In $374M Tax Refund Tussle
• Bayou Group Judge OKs $5.3M Deal With Goldman Sachs
• Trustee Slams Furniture Brands' Employee Incentive Plan
• Astros Want Involuntary Ch. 11 Filed By Comcast Axed
• Creditors Approve Bankrupt Ala. County's Ch. 9 Exit Plan
• $950M Solar Conspiracy Suit Is 'Baseless,' Chinese Co. Says
• Bankrupt Coda Gets Preliminary Nod For WARN Settlement
• Reconciling Foreign Bankruptcy Law With US Policy
• AT&T Objects To Terms Of Bankrupt Partner's $105M Sale
• ResCap Judge OKs $2M Bonus For Restructuring Chief
• Madoff Trustee Seeks High Court OK To Pursue Big Banks
• The Importance Of Examining Reasons For Restructuring
• Union Drops Bid To Intervene In Suit Over $14B Airline Merger
• 4 Ch. 11 Proposals Up For A Vote In LightSquared Bankruptcy
• Revstone Rips Womble Fee Request In Fight With Creditors
• County's Late $1M Tax Claim Denied In Tribune Ch. 11 Case
• Bankruptcy Stay Continues Against Anglo Irish Bank Suit
• Le-Nature's Ex-CEO Says Inept Atty Caused 20-Year Sentence
• Early Turbulence Won't Ground DOJ's Airline Merger Fight
• 5th Circ. Revives Bus Co.'s School Contract Bias Suit
• Detroit Given 35 Days To Deal With Pending Tort Claims
• Nortel Units Ask 3rd Circ. For Arbitration In $7.5B Cash Dispute
• How To Insulate Your PE Firm From WARN Act Liability
• Chadbourne Nabs Winston's Municipal Bankruptcy Duo
• Ex-Sentinel Exec Admits To Role In $500M Customer Scam
• Journal Register Set To Liquidate As Judge OKs Plan
• Let's Really Consider The Idea Of A 2-Year Law Degree
• Curt Schilling To Hold Estate Sale Amid Suit Over $75M Loans
• Embassy Suites' Ch. 11 Plan Approved With Changes
• Cengage Defends Claim To Textbook Copyrights
• Drastic Changes To Sentencing Guidelines On Horizon
• Bankruptcy Law Allows Debtors' FDCPA Claims, 3rd Circ. Says
• Trustee Slams K&L Gates As $500M Malpractice Tiff Reignites
• Ex-Coda Workers Say Ch. 11 Plan Gives Free Pass To PE Firm
• Ex-Mortgage Co. CEO Wants Taylor Bean Fraud Case Tossed
• Corzine, Ex-MF Global Execs Renew $10M Defense Request
• Justices Won't Hear Absolute Priority Dispute In Castleton
• LightSquared Says Ch. 11 Plans Leave Investors In The Dark
• THQ Sues Zuffa, EA Over Rights To UFC Video Game
• NYC Opera's Ch. 11 Is A Cautionary Tale For Arts Community
• $950M Suit Blames Chinese Solar Cos. For US Rival's Demise
• To Skirt Ch. 11, GCs To Spend More On Restructuring In 2014
• Despite Ch. 9, Monoline Insurer Must Pay Old Bonds
• Bankrupt Anglo Irish Bank Seeks To Stay US Fraud Suit
• Penthouse Publisher Dodging $3.5M Bill, Financial Co. Says
• Citi Fights Lehman's $2B Provisional Setoff Of Claims Bid
• Liberty Medical Asks For SJ In $69M Whistleblower Claim
• Bankrupt Nirvanix Gets Nod For $1M DIP, Plans Asset Sales
• Citizens Slam Ala. County Bankruptcy Plan Over Sewer Rates
• The Best Cyberdefense Is A Good Offense
• Greystar Enters UK Market With Student Housing Buy
• Honey Supplier Groeb Strikes Ch. 11 Deal With Peak Rock Unit
• $186M Yukos Capital Award Upheld In Oil Loan Row
• Okla. AG Urges DOJ To Approve $14B AA-US Airways Deal
• Jones Day's Detroit Contract Capped At $18M
• Too Late To Oppose Harrisburg Recovery Plan, Receiver Says
• A Test Balloon For Section 546(e) Interpretation
• Dell Financial Rips Proposed $1M DIP In Nirvanix's Ch. 11
• OnCure Gets Green Light For Reorganization Plan, $125M Sale
• Deloitte Settles Suits Over Taylor Bean Audits
• Thelen Trustee Nets $1.2M In Ex-Partner Settlements
• Flintkote Keeps Asbestos Coverage Disputes In Arbitration
• AMR Seeks $785M In Financing Secured By Aircraft
• Considerations Before Counseling During Deposition
• Trendy LA Nightclub Slides Into Ch. 11, Blames Landlord
• Bank Tax Refunds: FDIC Wins Again
• New York City Opera Enters Ch. 11, Plans To Wind Down
• Honey Processor Files Ch. 11 Amid Smuggling Allegations
• Biggest Banks Say They Won't Need Bailouts If They Fail
• LightSquared Seeks Delay Of Harbinger's $2B GPS Brawl
• Spyker Seeks To Revive $3B Suit Against GM Over Saab Sale
• Fletcher Trustee Says Fund Money Used For Dakota Bias Suit
• Axis Sues To Duck Coverage Of $600M Casino Contract Row
• ThinkFilm Judge Asked To Step Aside Amid Prostitution Rumor
• Union Backs AA-US Airways Deal In Bid To Enter Suit
• Detroit Retirees May Pursue Ruling Over Extra Checks
• Delta Petroleum Execs Shake Securities Fraud Class Action
• KPS' $280M Stalking Horse Bid For Furniture Brands OK'd
• Next 3 Weeks Will Shape Miami Casino Bankruptcy
• Parsing The Case Against 'New American Airlines'
• 5 Tips For Leveraging Experts To Optimize Client Value
• The Pros And Cons Of Prepackaged Bankruptcy
• Disney Loses Appeal For Broad License To 3-D Patent Rights
• ResCap Seeks $2M Bonus For Chief Restructuring Officer
• Elliott Management Pays $1B For Lehman European Claim
• Cloud Storage Co. Nirvanix Seeks Ch. 11 Bankruptcy Relief
• AgFeed Judge Nixes Bid For Ch. 11 Examiner To Probe Fraud
• Texas AG Drops Antitrust Challenge To US Airways-AA Merger
• Employers May Reap Windfall In High Court FICA Case
• Personal Communications Creditors Seek To Probe Lenders
• Grocery Chain Aims For Quick Ch. 11 Sale To Yucaipa Unit
• Avison Young Says Grubb & Ellis Broker Hires Were Kosher
• Bankrupt MSR Trounces Five Mile In $59M Loan Fight
• Shutdown Status Of Top 7 Gov't Antitrust Cases
• 5 Tips For Bankrupt Cos. Looking To Sell Assets
• MSD Performance Gets Nod For Ch. 11 Sale Plan, Funding
• Don't Conflate Shutdown And Debt Ceiling Challenges
• Perkins Coie Adds Another Partner To Dallas Office
• Limited Defenses Available Against FDIC As Receiver
• DOJ Can't Delay Airline Merger Trial Despite Shutdown
• US Government Shuts Down As Funding Fight Goes Nowhere
• BigLaw Braces For Revenue Hit In Federal Shutdown