Bankruptcy Archive » June, 2014

Bankruptcy - June, 2014

301 articles

• Energy Future, Creditors Spar Over $1.9B DIP Loan
• Bankrupt Ormet Fails To Win OK For $47M In Asset Sales
• Argentina Euro Bondholders Seek Exemption From US Courts
• Puerto Rico's New Debt Law Usurps Congress, Funds Say
• Brazilian Dairy Co.'s Trustee Cleared To Root Out US Assets
• High Court Rejects Appeal On Stanford Receiver's Powers
• Telecom Holding Co. MIG Files For Ch. 11 Again
• Kelly Hart, Beard Kultgen Say RE Co.'s Ch. 11 Axes Suit
• WARN Claimants Say Fisker's Ch. 11 Plan Shortchanges Them
• Howrey Trustee Wins Judge's Blessing Of $4M Clawback Deal
• Daimler Unit Sues Chrysler Ch. 11 Trust Over Tax Deal
• Judge Affirms Morrison's $4.2M Award For ResCap Fees
• High Court Rejects Madoff Trustee's Bid To Sue Big Banks
• RI Law Firm Strikes $4.4M Deal To Exit 38 Studios Row
• 4th Circ. Says Ch. 11 Plan's 3rd-Party Release Won't Fly
• Ind. Appeals Court Boots Suit Over Townsquare Radio Buys
• Optim Coal Supplier Balks At 'Gag Order' In $60M Sale Plan
• Ex-Dewey Worker Says DA Plays 'Fast and Loose' With Facts
• Bankrupt Ormet Lands $25M Buyer For Aluminum Plant
• LightSquared Lands Bankruptcy Deal But Ergen Is Still Out
• Bankrupt Quantum Foods Allowed To Access Old Plant
• Detroit Signs Labor Deal With Largest Union
• LBI Trustee Seeks Approval Of $3B Unsecured Creditors Fund
• Trustee Targets MedLab Ch. 11 Plan For Excessive Protection
• Excess Cash Drives Hedge Funds To Feast On Distressed Cos.
• Detroit Bankruptcy Judge Rejects Demand For Art Details
• Argentina's $539M Bond Payment Voided By Judge
• 4 Things Every Law Firm Should Do Upon A Cyberbreach
• Don't Cry For Argentina — But Do Take Note
• IBRC Blasts Developer's Bid To Review Fla. Mall Sale Plan
• Lyondell D&Os Clinch Key Holdings In Excess Coverage Row
• Landowners For Scrapped Vegas Hotel File For Ch. 11
• G&E Lures Brown Rudnick Pro To Lead Its Bankruptcy Group
• Quantum Foods Says Buyer Had Cops Throw Them Out
• Weil, Debevoise, Others Could Get $372M In AMR Bankruptcy
• Falcone's Exit Portends Peace For LightSquared
• Edison Mission Wins Approval Of $23M Retiree Settlement
• Energy Future Creditors Want 3rd Circ. To Review $4B Deal
• Receiver Can't Stop Pa. Parking Authority Union Arbitration
• Argentina Must Pay Debtholders Amid Deal Talks, Judge Says
• SDNY Weighs In On Battle Between 363(f) And 365(h)
• What To Do When Opposing Counsel Is A Jerk
• US Trustee Says Fresh & Easy Ch. 11 Plan Needs Work
• Puerto Rico Proposes Debt Restructuring For Agencies
• Understanding The Automatic Stay In Bankruptcy
• Revstone Gets Thumbs Up To Sell $13M Stake In Canadian Unit
• TelexFree Investors Target Banks, Attys Over $300M Losses
• AIG Settles With Freedom Industries Over Spill Coverage
• Sen. Wants Bankruptcy Option For Some Student Borrowers
• Jones Day In TM Battle With EFF Over Detroit Parody Website
• Tax Sale Certificate Buyer Owns Tax Lien, NJ Justices Say
• UN Agency Blasts US Justices' Rulings In Argentina Bond Row
• Dewey Judge Approves $4.5M WARN Settlement
• Longview Judge Keeps $59M Credit Fight In Ch. 11 Case
• EFH Noteholders Object To $1.9B DIP Plan
• Hedge Funds Blast Argentina's Bid For Stay In $1.5B Debt Row
• Magazine Wholesaler Can Fund Ch. 11 Using Cash Collateral
• Genco Bankruptcy Judge Promises Ruling By Next Week
• Container Shipping Co. Nautilus Docks In Ch. 11
• DC Circ. Revives US Airways Pilots' Bid For Class Cert.
• CFTC Reauthorization Bill OK'd Over White House Opposition
• 'No Bankruptcy' Clause Rejection Has Broad Implications
• $18.5M In Fees OK'd For Dreier Bankruptcy Trustee, Attys
• Vision Care Co. Hits Ch. 11 After Aggressive Buys
• Magazine Wholesaler Hits Ch. 11 Amid Print Readership Slump
• 3rd Circ. Rejects Challenge To Coastal Ch. 11 Plan
• EFH Senior Bondholders Sue Junior Group To Protect $432M
• Federal-Mogul Bankruptcy Trust Wins $9.3M Asbestos Verdict
• Asbestos Plaintiffs Object To Garlock's Claim Deadlines
• Bankrupt Brookstone Gets Nod For Ch. 11 Plan, $174M Sale
• Argentina Wants Breather On Bond Orders To Start Deal Talks
• Coldwater Creek Gets OK To Solicit Creditors On Ch. 11 Plan
• Ex-Dewey Brass Says Insurance Deal Bars Misconduct Claims
• 10th Circ. Favors Pepsi, Union Pacific In Asarco CERCLA Row
• ResCap Judge Tells Ally Mortgage Claimants To Back Off
• Treasury Ordered To Detail Role In Delphi Pension Cuts
• District Courts Now Have Broad Discovery Discretion
• RG Steel, Severstal Bury Disputes With $30M JV Pact
• 3rd Circ. Kills Cobalis Suit Over Hedge Fund Scheme
• Brazilian Judge Clears Lupatech's $300M Bankruptcy Plan
• Judge Won't Strike Agent's Testimony In $169M Fraud Suit
• Kid Brands Gets Interim Nod For $49M DIP Loan In Ch. 11
• Dolan Co. Shareholders Can Revisit Split Of $3.2M Settlement
• Judge Confirms Mont. Power Co-Op's Chapter 11 Reorg Plan
• Australia's Octaviar Prevails On 2nd Bid For Ch. 15 Relief
• Mich. Gov. Signs Bills Committing $195M In Aid To Detroit
• The Ongoing Analysis Of Stern, Arkison And Their Progeny
• Bankrupt Quantum Foods Gets Nod for $12M Asset Deal
• Bankrupt Natrol Can Pay Employees, But Trustee Bid Looms
• Toymaker Kid Brands Files Ch. 11, Plans To Sell Business
• Atlantic City's Revel Casino Gambles On Second Bankruptcy
• Ormet To Auction Aluminum Plant With $15M Stalking Horse
• Consumers Want TRW To Indemnify Chrysler Defect
• Bankrupt Ski Club Founder Must Pay $187.5M Loan Balance
• Lehman Brothers Cleared To Fully Refund Secured Creditors
• MF Global Judge Keeps $20M J.C. Flowers Suit Alive
• Female Powerbrokers Q&A: Williams Mullen's McCarroll
• Equity Begets Flexibility For 1st Circ. Secured Creditors
• Smartphone Forensics: Tips From The E-Discovery Trenches
• Argentina Ruling Doesn't Address Non-FSIA Discovery Limits
• UK-Based LLP Partners Now Enjoy More Protections
• Optim Energy Floats $60M Stalking Horse Bid For Coal Plant
• PE Firm Gets ArmorWorks Majority Stake In New Ch. 11 Plan
• Harbinger's Falcone, Others Resign From LightSquared Board
• JPMorgan's Claims Pared In Commonwealth CDO Row
• MF Global Trustee Says Most Customer Claims Are Complete
• NY Judge Slams Argentina's Efforts To Avoid Paying $1.4B
• Debtor Can 'Strip Off' Mortgages In Ch. 20, 11th Circ. Says
• Detroit Unveils 'Hybrid' Pensions To Ease Benefit Burdens
• San Bernardino, CalPERS Reach Interim Deal On Ch. 9 Plan
• Creditors Blast Detroit Bid To Take Judge On Tour Of City
• Deals Rumor Mill: Oracle, T-Mobile, GE
• Female Powerbrokers Q&A: Bush Seyferth's Cheryl Bush
• Female Powerbrokers Q&A: Davis Wright's Kelli Sager
• The Role Of The Best-Interests Test In Reorganization
• Argentina Taking Steps To Circumvent $1.4B Bond Ruling
• Merrill Must Face Trusts' RMBS Buyback Suit, Court Says
• 3rd Circ. Gives Claimants 2nd Shot In Debt Collector Row
• Mt. Gox's Chapter 15 Bid Wins Texas Judge's Approval
• Behind The Scenes At Dewey, Docs Reveal Race Against Time
• Bankrupt Pipe Maker Gets Interim Nod For $11.5M DIP
• 2nd Circ. Asks Del. High Court To Rule On Doc Authorization
• Maselli Warren Wins Attys' Fees In Bankruptcy Fight
• Brookstone Ch. 11 Plan Ducks $1.6 Million IRS Debt
• Deal To Preserve Detroit Art Collection Gets AG's Approval
• Energy Future Bondholders Seek Make-Whole On $2.2B Refi
• Ex-Madoff Accountant To Plead Guilty, Prosecutor Says
• Heller Ruling May Be Knockout Punch Against Jewel Claims
• Film-Focused Hedge Fund Aramid Enters Bankruptcy
• Meyer Suozzi Atty To Oversee Fallen J&M Bankruptcy's Ch. 7
• Dewey Brass Says Judge Misread Law In $35M Note Fraud Suit
• Still The Fastest Justice Anywhere
• Female Powerbrokers Q&A: Proskauer's Monica Shilling
• Female Powerbrokers Q&A: Levine Sullivan's Gayle Sproul
• Argentina's Creditors Still Face Tough Battles In Bond Row
• Steptoe Bankruptcy, Finance Crew Leaves For Trial Boutique
• Cleary, Argentina May Face Blowback If Country Defaults
• Mont. Power Co-Op Close To Securing OK For Reorg Plan
• Diplomacy Given Short Shrift In Argentina Discovery Ruling
• Pipe Maker PSL-NA Seeks Bankruptcy With Plans To Sell
• Quebec Seeks $377M From Bankrupt Railway For Fatal Crash
• Bankrupt Glacial Energy Gets Nod For $32.8M Sale
• Bankruptcy Law360 Is Now On Twitter
• Howrey Creditors Sue Over Alleged Trustee Conflict
• High Court Won't Hear Scottie Pippen's Defamation Suit
• 'Stern Claims' Remain Hazy Despite High Court Ruling
• Female Powerbrokers Q&A: Steptoe & Johnson's Flanery
• Female Powerbrokers Q&A: Nexsen Pruet's Marguerite Willis
• Supreme Court Denies Argentina's Appeal In $1.4B Bond Row
• High Court Allows Broad Discovery In Argentina Bond Fight
• Detroit Inks Deals With Bondholders, Union In Bankruptcy Row
• Dolan Co., Bayside Balk At Bid To Amend Ch. 11 Confirmation
• Ex-Dewey Client Manager Was Key To Fraud Scheme, DA Says
• Momentive To Revise Plan Statement After Trustee's Objection
• Rothstein Feeder Fund Lied To Get Coverage, Insurers Say
• Edgenet Noteholders Seek To Convert Case To Ch. 7
• Lehman Must Pay $10M In Fight Over Miami Hotel Contract
• NetBank Asks High Court To Review FDIC Tax Refund Dispute
• CFTC Rebuked For US Bank Discovery Delay In Peregrine Row
• Lehman Sues Merrill Lynch Over $21M Swaps Transfers
• MSR Resort Subsidiary Settles $59M Five Mile Dispute
• US Trustee Blasts Glacial Energy's Ch. 11 Settlement
• Bank Regulators Finalize Stricter Tax Refund Guidance
• Female Powerbrokers Q&A: Sterne Kessler's Eldora Ellison
• Female Powerbrokers Q&A: Ogletree Deakins' Melissa Bailey
• A Close Look At Overriding Royalty Interest Transactions
• Heller Case To Arm Hiring Firms In Clawback Fights
• Coldwater Creek's Disclosure Statement Sent Back To Kitchen
• $55M Amerindo Judgment Not Headed For A Quick Appeal
• Event Rentals Lobs Ch. 11 Plan To Divvy Funds From Biz Sale
• Belgian Insurer Ethias OK'd To Amend Restructuring Plan
• FBOP Can't Grab $265M Bank Tax Refunds, FDIC Says
• Detroit Retirement Fund Tells Members To Back Ch. 9 Plan
• Penn National Can't Keep Iowa Riverboat Casino Afloat
• Refco Suit Over $8M Stake In Cantor Unit Gets Trimmed
• Bankrupt James River Gets OK For $4M Exec Bonus Plan
• DLA Piper Should Be Ousted From Casino Ch. 11, Trustee Says
• Deals Rumor Mill: Siemens, Imperial Tobacco, Amaya
• IRS Says Lehman Bankruptcy Plan Risks $400M Tax Claim
• New Suit Over Olive Oil Purity Targets Bankrupt Co.'s Owners
• Dewey & LeBoeuf To Pay $4.5M To Settle Suit Over Layoffs
• Genco Defends Ch. 11 Plan As Equity Holders Keep Attacking
• Adopt Value Or Be Left In The Ash Heap Of History
• High Court Says Inherited IRAs Fair Game During Bankruptcy
• REBUTTAL: The Power Of The Penny (Of Equity)
• Female Powerbrokers Q&A: Bryan Cave's Chris Cesare
• Female Powerbrokers Q&A: Gordon & Rees' Leslie Benitez
• Judge OKs Revstone's $13M Sale, But GM Still Has Objections
• Heller Ehrman Can't Grab Attys' Unfinished Biz Profits
• Dietary Supplement Co. Natrol Enters Ch. 11
• Defunct Builder's CEO Slammed With $27M Fraud Verdict
• Mich. AG Looks To Avoid Questioning On Selling Detroit Art
• The Hidden Costs Of Spreadsheets In Risk Management
• GSE's Ch. 11 Disclosures Win Judge's Nod
• SIPC Pushes For Review Of Madoff Clawback Claims Ruling
• Energy Future Bondholders Urge Judge To Stall Key Deal
• Bankrupt MedLab Gets Nod For $5.5M Unit Sale
• Understanding Valuation In Section 363 Sales
• High Court Frees JPMorgan From Madoff Trustee's Petition
• Female Powerbrokers Q&A: Gardere's Kim Yelkin
• ResCap Objects To $1M In 'Unnecessary' Morrison Cohen Fees
• Female Powerbrokers Q&A: Proskauer's Margaret Dale
• Longview Gets Stay On $825M Insurance Policy Suit In Calif.
• Banks Back Bid Against Cert In Madoff Trustee Suit
• Bankrupt Ormet Seeks Auction For Ohio Plant With $15M Bid
• Energy Future Seeks OK On $11M Texas Tax-Refund Deal
• Bankrupt Edgenet Gets Nod For $8M Sale To Former Execs
• UK Finalizes Post-Lehman, MF Global Client Asset Rule Fixes
• Coldwater Creek Creditors Again Attack Bankruptcy Plan
• 3rd Circ. Clarifies Lien Enforcement On Bankrupt Homeowners
• Dewey Trustee Says Ex-Officers Ripped Off Firm
• Gold Mining Company Veris Files Ch. 15 To Shield US Assets
• 8th Circ. Ruling Is Big Win For Nondebtor Trademark Licensees
• Female Powerbrokers Q&A: Rutan & Tucker's Kathy Jenson
• Female Powerbrokers Q&A: Thacker Martinsek's Martinsek
• Cengage To Pay $68M Bankruptcy Fees To Kirkland, Others
• Fisker Estate Gets OK To Send Ch. 11 Plan To Creditors
• Questions Left Unanswered In High Court's Arkison Ruling
• Edwin Watts Golf Gets Nod For Ch. 11 Disclosure Statement
• CoinLab Backs Mt. Gox's Ch. 15 Bid, With Conditions
• High Court Ducks Chance To Define Bankruptcy Courts' Power
• Lawyers Weigh In On High Court's Arkison Ruling
• EU Council Backs New Cross-Border Bankruptcy Regulations
• Dolan Co. Wins Ch. 11 Nod, Settles With Shareholders
• The Purpose Of Proposed Rule 37(e)
• Ex-DBSI Prez Says Evidence For $169M Fraud 'Insufficient'
• Judge Postpones Detroit Bankruptcy Trial Until August
• Sycamore Closes $2.5B Fund, Nabs Coldwater Creek Brand
• Coldwater Creek Gets OK For $2.5M Exec Compensation Plans
• Female Powerbrokers Q&A: Michael Best's Kerryann Minton
• Female Powerbrokers: WhatleyKallas' Edith Kallas
• High Court Maintains Check On Bankruptcy Judges' Powers
• Energy Future's $5.4B DIP Package Approved In Ch. 11
• MF Global Wants To Cap Claims By Corzine, Other Ex-Execs
• 8th Circ. Overturns Rulings On Hostess License Transfers
• Pfizer Wins 3rd Straight Asbestos Case Over Quigley Products
• Allens Bankruptcy Judge Converts Case To Ch. 7
• Genco Equity Holders Blast Bankruptcy Plan
• Madoff Trustee Seeks OK To Appeal Clawback Claims Ruling
• Government Pushes Court To Toss China Natural Gas Ch. 11
• Female Powerbrokers Q&A: Waller's Katie Stenberg
• Female Powerbrokers Q&A: Husch Blackwell's Hanaway
• Beginning Of The End Of Picard's Madoff Miracle?
• Energy Future Gets Nod For $4.5B DIP Financing
• Dreier Bankruptcy Trustee, Attys Seek $18M In Fees
• Brazil's Banco Cruzeiro Seeks Ch. 15 Relief In Miami
• 38 Studios Trustee Launches Slew Of Clawback Suits
• 5 Ways To Make Your DIP Hassle-Free
• The Harsh Result Of High Court Refusal To Hear BofA Case
• Heller Ehrman Wants Clawback Of Attys' Unfinished Biz Profits
• 8th Circ. Won't Reopen Patriot Coal Workers' Exposure Claims
• Keys To Successful Legal Outsourcing
• Atty Liable In Hospital Takeover Scheme, Panel Rules
• Coldwater Creek Blasts 'Reckless' Creditor Ire Over DIP Loan
• Pushback Against Asbestos Bankruptcy Trust Abuse May Grow
• Female Powerbrokers Q&A: Brown Rudnick's Louise Verrill
• Female Powerbrokers Q&A: Duval & Stachenfeld's Terri Adler
• Bankrupt Revstone To Sell Stake In Canada Unit For $13M
• Writing Judge's Order Doesn't Give Atty Immunity: 9th Circ.
• Simplexity Beats Fifth Third Bid For Ch. 7 Conversion
• NY Judges Grill Lawyers On Unfinished Business Profits
• Ex-DBSI Exec Can't Retrieve Assets Despite Dropped Charges
• North Texas Bancshares Wins Ch. 11 Confirmation
• How Bitcoin Will Bring About A Legal Practice Revolution
• Puerto Rico's Municipal Debt Landscape Continues To Evolve
• Dewey Trustee Wants Clawback Row Kept In Bankruptcy Court
• Garlock Hid Evidence In Asbestos Suits, Court Told
• AMR Judge Axes Class Action Over Pilot Seniority
• Gibson Dunn Adds Bankruptcy Pro To LA Practice
• Female Powerbrokers Q&A: Hanson Bridgett's Linda Klamm
• Female Powerbrokers Q&A: Akerman's Mary Carroll
• A Primer On 13-Week Cash Flow Projections
• Depo Of Ex-RI House Speaker OK'd In 38 Studios Row: Report
• Chinese Investors Team Up In $173M Bid For Brookstone
• Energy Future Says $9.9B DIP Is Crucial To Ch. 11 Plan
• Dechert Abandoned Sensitive Docs To Coudert, Court Told
• GSE Environmental Approved For $45M Bankruptcy Loan
• 'Girls Gone Wild' Trustee Wants Founder Held In Contempt
• Coldwater Creek Landlords Balk At Lease Sale Timeline
• How To Control Your Law Firm's Real Estate Costs
• Detroit Must Defend Legality Of Plan As Senate OKs Funding
• SEC's Dewey Fraud Suit Halted Amid Criminal Case
• 5 Insights From Nationwide Chief Legal Officer Pat Hatler
• Female Powerbrokers Q&A: Fross Zelnick's Barbara Solomon
• How The Bankruptcy Code Applies To LLCs
• Credit Bidding Is Alive And Well In Delaware
• Ex-Edgenet Execs Get Breathing Room For Ch. 11 Auction Bid
• Coldwater Creek Gets Nod For $1.7M Exec Bonus Plan
• Rakoff Hits Refco, Ex-Officials With $670M Fraud Judgment
• Youth Apparel Co. Ecko Gets Judge's OK For Ch. 11 Sale
• Simplexity Says Fifth Third Bid To Force Ch. 7 Falls Short
• Energy Future's Ch. 11 Financing Takes More Creditor Fire
• 1st Circ. Suspends RI Atty Who Filed Fraudulent Docs
• OGX Bondholders Looking To Fight Bankruptcy Plan
• Judge Had Conflict In Wis. Archdiocese Case, 7th Circ. Hears
• IRS Fights To Keep Tax Penalties From Bankrupt Co.
• Moore Capital Sues Lehman Over $20M Swap Dispute
• Female Powerbrokers Q&A: Sugarman Rogers' Chris Netski
• Female Powerbrokers Q&A: Benesch's Megan Mehalko
• Indicted Dewey Leaders Want SEC Fraud Case Halted
• OSG Bankruptcy Highlights Usefulness Of Rights Offerings