Bankruptcy Archive » July, 2014

Bankruptcy - July, 2014

293 articles

• Longview Wants $825M Policy Fight Kept In Bankruptcy
• OPINION: Lawyers Should Think In Terms Of Big Data
• GM Sued Over Pre-Bankruptcy Deaths, Injuries
• BofA Can't Bill Bankrupt Firm Owners For $60M Award: Judge
• Argentina Blames US For Debt Talks Failure, Denies Default
• Dewey Trustee Demands Back Fees From Music Producer
• Zodiac Pool Wades Into Ch. 15 After $1B UK Restructuring
• Coal Producer New World Resources Seeks Ch. 15 Shelter
• Guggenheim Faker Can't Toss $1.7M Award Through Ch. 7
• 6th Circ. Rules Breast Implants Are Tissue Expanders
• Dechert Can't Recover Tapes From Coudert Paris Takeover
• Momentive Can't Use Ch. 11 Plan to Dodge Taxes, Feds Say
• Tardiness Does Not Warrant Equitable Subordination
• AMR Bankruptcy Case Lawyers, Advisers See $375M Payday
• Dreier Judge Turns Down Bid For Jailed Founder's Testimony
• Schiff Hardin Atty Takes $1.2M Heller Ehrman Claim To Trial
• $1.75M Exec Bonus Plan OK'd In Bankrupt Revel Casino Sale
• Bankrupt Natrol Gets Nod For Cerberus Settlement
• Bankruptcy Judge Keeps GM Ignition Switch Case On Pause
• Detroit Pensioners Face Moment Of Truth On Ch. 9 Appeals
• BofA Says Its Ch. 11 Plan For Real Estate Group Is Best
• 4 Chinese Solar Panel Cos. Seek Novel Ch. 15 Protection
• Lehman Trustee OK'd For 1st Unsecured Creditors Refund
• Failed Philly Casino Venture Wins Ch. 11 Plan Approval
• Securities Discovery Ban Hinges On Subpoena Date: 9th Circ.
• Argentina Headed To Default After Debt Talks Collapse
• Suit Over Anglo Irish Bank Overcharges Won't Be Heard in NY
• Thelen Trustee Mulls Friendlier Deals For Holdout Partners
• Death Rattle For Unfinished Business Claims?
• Bondholders Make 11th-Hour Bid To Stop Argentine Default
• Bankrupt Ship Co. CEO Casts $100M IP Suit Over Vessel Sale
• Dewey Brass Can Ask 8th Circ. To Toss $35M Note Fraud Suit
• Lehman Trustee Erases Ex-Broker's $5.5M Arbitration Claim
• Jones Day, Others Take Aim At $20M Howrey Clawback Claims
• $150B Forfeiture Claims May Delay Madoff Aides' Sentencing
• EU Approves $260M Aid For Struggling Polish Airline LOT
• Suit Alleging Shareholder Caused ProxyMed Bankruptcy Is Cut
• Detroit Audit Finds City Was Insolvent Prior To Bankruptcy
• Convicted CFO Agrees To Pay $1.7M Back To Bankrupt Co.
• Love Culture Calls Insider's E-Commerce Sell-Off A 'Ruse'
• Chase Beats Rocker Rundgren's Mortgage Suit In 9th Circ.
• Garlock Claimants Call Foul Over $125M Asbestos Liability
• Withholding Taxes Can't Be Dumped In Bankruptcy: NJ Court
• Pa. GC To Hire Outside Counsel For Foxwoods Casino Case
• Soldiers' Consumer Debt Cleared In Rome Finance Shutdown
• How To Successfully Get Engaged By A Cayman Liquidator
• 'Girls Gone Wild' Founder Says Judge Can't Jail Him
• Pipe Maker PSL NA Gets Final Nod For $11.5M DIP
• Detroit Ch. 9 Plan Calls For Monitor With Subpoena Power
• Plant Insulation Reorg Plan Flouts 9th Circ., Insurers Say
• Lehman Can't Subordinate CMBS Fraud Claims In Ch. 11
• Argentina Gets OK For Bond Payments On Technicality
• Developer Goes After Attys For Bungled Foreclosure Defense
• Fisker Ch. 11 Plan To Disburse Sale Proceeds Gets OK
• Fontainebleau Lenders Say D&O Deal Will Harm BofA Suit
• Heller Ehrman Objections To Costs In Clawback Suits Tossed
• McGuireWoods Beats Hospital's Suit Over Suspect LBO
• $800M Asbestos Deal Will Let Specialty Products Exit Ch. 11
• SDNY Weighs In On Third-Party Releases In Bankruptcy
• Diacetyl Plaintiffs Ask High Court To Review 3rd Circ. Ruling
• Bankrupt Kid Brands Seeks To Get $1.35M For IP From Rival
• GSE Gets Nod For Ch.11 Plan With $173M Debt-For-Equity Deal
• 2nd Circ. Nixes Berger & Associates' Fee Clawback Bid
• Tech Co. Wants Ex-Antonelli Lawyer Around For Patent Trial
• Ambac Finalizes Bond Settlement Ahead Of Detroit Plan Trial
• 11th Circ. Extends FDCPA To Bankruptcy Proofs Of Claim
• Nortel's US Arm Strikes $1B Bondholder Interest Cap Deal
• Dewey Trustee Sues LCN Capital For Back Fees
• Ex-Sentinel CEO Denied Acquittal, New Trial Request
• Crumbs Gets NJ Court Approval For Bankruptcy Auction
• Former BES Chief Arrested As 3rd Espirito Co. Hits Bankruptcy
• Judge Upholds Madoff Aides' Convictions But Slams Feds
• Grand Jury Charges TelexFree Heads With Pyramid Scheme
• TRW Sues Chrysler Trust To Ditch Steering-Defect Liability
• ResCap Borrower's Bad-Foreclosure Claim Pared In Ch. 11
• Garlock Estimation Trial Shouldn't Be Sealed, Judge Rules
• Mt. Gox Parent Blocked From Auctioning Bitcoins.com Domain
• DLA Piper Gets $1.1M Negligence Judgment Axed In Texas
• 6 Years In, Why Haven't FRE 502(d) Orders Caught On?
• EFH Drops Restructuring Deal, Seeks Time For New Plan
• Rakoff's Foreign Fund Clawback Ruling Has Limitations
• Madoff Judge Denies Fake Motion To Disqualify US Atty
• Trustee Decries Worker Bonuses In GSE's Ch. 11 Plan
• Ormet Judge Nixes Union Bid To Stay $25M Plant Sale
• Chase Can't Ditch Credit Reporting Suit Over Canceled Debts
• EFH Noteholders Denied 3rd Circ. Hearing On $4B Debt Deal
• Kelly Hart, Beard Kultgen Beat RE Co.'s Malpractice Suit
• Ex-Quiznos Brass Defrauded Investor Funds, Suit Says
• Code Trumps Contract In The 5th Circ.
• Nixon Peabody, Mintz Levin Blamed For Biotech's Downfall
• Trial-Ready In 180 Days: Prepare For SDNY's Rocket Docket
• Revstone Says Founder Used Kids' Trusts To Hide Assets
• Puerto Rico's Restructuring Law Faces Another Challenge
• Fla. Sues Digital Domain Over $20M In Incentive Funding
• Judge Pleads With Argentina, Funds To Settle Bond Dispute
• Lehman's Swiss Arm Demands $71M Under Citi Trading Pacts
• Magazine Wholesaler's $24M Ch. 11 Sale Plan OK'd
• Pa. High Court Clears Bankrupt Insurer In $12M Warranty Row
• Bankrupt Edwin Watts Golf Lands Ch. 11 Plan Approval
• DLA Piper Hands Back Fees To Settle Casino Trustee Row
• When You Are Responsible For Your Book Of Business
• Ex-Dewey Brass Settle Trustee's Clawback Suit
• $3.7M Suit Claims Gen. Dynamics Unit Bankrupted Contractor
• 2nd Circ. Revives $510M Travelers Asbestos Settlement Bill
• Bracewell & Giuliani Adds Energy, Finance Pro In Houston
• 4th Circ. Provides Guidance On Nondebtor Releases
• Retirees Vote In Support Of Detroit's Bankruptcy Exit Plan
• Argentina Appeals Foreign Bond Payment Ban Order
• IBRC Gets OK For Tampa Mall Sale After Pact Ends Opposition
• Texas Firm Hits Client With Fee Suit Over 'Nightmare' Case
• Picard Can't Appeal 'Good Faith' Madoff Clawback Ruling
• Bankrupt Tactical Lands $6.9M Bidder For Combat Boot Line
• 'Girls Gone Wild' Founder Faces Contempt For Flouting Orders
• Lehman Estate Settles Lingering Credit Swap Dispute
• NH Suit To Block US From $194M Bankruptcy Deal Advances
• An Inventive Way To Remove Pure State Court Claims
• Separate Classification Gone Too Far
• Freedom Inks Tentative $2.9M Deal For Contamination Suits
• Miami Condotel Ex-Owner Sues Partner Over $17M Loan
• Lehman's Bond Fight With Nonprofit Kept In Bankruptcy Court
• Creditors Blast Magazine Wholesaler's $24M Sale Plan
• Senior Momentive Lenders Sue For Creditor Deal Breaches
• Judge Keeps Visteon Retiree Benefit Row In District Court
• OSG Set To Sail Out Of Ch. 11 With Confirmed Plan
• MF Global Workers Get Class Cert. On Vacation Pay Claims
• 9th Circ.: Malpractice Suit Is Bankruptcy 'Core Proceeding'
• Schiff Hardin Atty Defends $1.2M Claim In Heller Ehrman Row
• Creditors Say Kid Brands Doesn't Need $49M DIP Loan
• Energy Future Says It Might Toss Ch. 11 Creditor Deal
• 5 Insights From Pfizer Chief Litigation Counsel Michael Parini
• Powerful Tools For Discovery And Litigation Strategy
• SEC Loses Bid To Make SIPC Repay Stanford Victims
• Madoff Foreign Entanglement Ruling Unsurprising
• Canada's Algoma Hits Ch. 15, Works On Tackling $1.2B Debt
• IBRC Says Developer Is Gaming Tampa Mall Lease Sale
• Liquidation Plan OK'd For Casino Miami Jai-Alai's Ex-Owner
• Madoff Trustee Spars With ERISA Investors Over Claims
• Ormet Gets Nod For $25M Plant Sale Over Union Objection
• PRISM Scatters Attorney-Client Privilege
• UK High Court Rules 'Secret Fees' Go To Wronged Investor
• OPINION: Let's Financially Reward Law Firm Diversity
• Midyear Report: Biggest NJ High Court Decisions Of 2014
• Final Approval Of PSL NA's $11.5M DIP Loan Hits A Snag
• Bankrupt Crumbs Picks Up The Pieces With DIP Financing
• Event Rentals Gets Nod To Put Ch. 11 Plan Before Creditors
• Ex-Dewey Exec Seeks Toss Of Trustee's $9M Clawback Suit
• Picard Pushes To Appeal Order Threatening Clawbacks
• Bankrupt Quantum Foods, Buyer Make Peace Over Sanctions
• Clothing Chain Love Culture Enters Ch. 11
• Bankrupt Natrol Inks Pact With Cerberus, Quells Trustee Bid
• IRS Says Fisker Plan Doesn't Account For Tax Liabilities
• Howrey Unfinished Business Suits Returned To Ch. 11 Court
• NYC Opera Strikes Deal To Stay In Control Of Sale Talks
• Crucial Predictive Coding Case Law: Progressive V. Delaney
• Takeaways From 6th Circ.'s AmFin Tax Refund Ruling
• Madoff Sons Erased Emails, Obstructed Audit: Amended Suit
• Judge Approves Chapter 15 Protection For Brazilian Bank
• Reps. Back Bill Reforming Ch. 11 For Failed Global Banks
• Unsecured Creditors Balk At Exide's Bid For Extra DIP Loan
• IBRC Seeks Nod To Sell Tampa Mall Lease To Lightning Owner
• Bankrupt Forex Hedge Fund Nails $18.5M Deal With CEO
• $100M In Settlements OK'd In Metal Manipulation Case
• Former Sino-Forest CFO Inks Deal With Canadian Regulators
• PwC Can't Duck FDIC Negligence Claims Over $899M Fraud
• M*Modal To Emerge From Ch. 11 With $350M Less Debt
• OPINION: Advance Conflict Waivers Send Wrong Message
• McGrane Defends Howrey Fees As Creditor Stay Bid Dies
• Lawyer Called 'Sociopath' Seeks Judge's Full Recusal
• Energy Future Ends Bid For Optim Power Plant
• Detroit Rapped For Disclosing Sensitive Creditor Docs
• Deals Rumor Mill: Rioforte, Portugal Telecom, ONGC
• Oil Tanker Co. Hits Ch. 11 Amid Changing Crude Landscape
• Fed Chair Refuses To Call Banks' Living Wills Credible
• Atty, Ignored By Plaintiff, Wants Out Of Malpractice Suit
• Is Electricity A Good Or Service? The Debate Charges On
• US Trustee Balks At Vertis' Move To Dismiss Ch. 11 Cases
• Revel Nabs Approval For Bankruptcy Auction Rules
• Dewey Judge Warns Ex-Brass On Trustee Discovery Stay
• Rothstein Trustee, Feds Reach $28M Deal To Repay Victims
• LightSquared Puts Ergen At Center Of New Ch. 11 Exit Plan
• Dewey Execs Likely Bound For Trial Despite Ace Legal Teams
• Bankrupt Furniture Brands Gets Nod For Ch. 11 Plan
• Lehman Trustee Settles $405M In Claims By Hong Kong Units
• BofA Strikes $10.3M Deal In Taylor Bean Adversary Case
• Comcast, Astros, Rockets Told To Tune Network Sale Terms
• PSL NA Gets OK For $100M Stalking Horse Sale Plan
• Bankruptcy Judge Shows No Signs Of Dementia, 9th Circ. Says
• Bankruptcy Cases To Watch In The 2nd Half Of 2014
• NJ Tax Lien Ruling Good For Municipalities, Bad For Banks
• The Significance Of Wellness International V. Sharif
• Revel, Creditors Agree On Auction Of Assets Worth Up To $1B
• Ex-Quiznos Brass Want To Be Protected From Lawsuits
• OSG Bondholders Say Ch. 11 Plan Falls Short Of Full Payment
• Heller Ehrman Takes Ex-Partner Clawback Battle To 9th Circ.
• CORRECTED: Fontainebleau Judge Skeptical About Settlement Bar Order
• Ch. 15 Courts Not Bound By Foreign IP Law, Licensees Say
• Coldwater Creek Creditor Deal Clears Path For Ch. 11 Plan
• Alsol Denied Jury Trial In Suit Over $3M Superfund Cleanup
• IBRC Urges Court To Nix Late Bid For Tampa Mall
• Sidley, Kirkland Put Under Microscope In EFH Bankruptcy
• Deals Rumor Mill: Alibaba, Telefonica, Cemex
• Dewey Execs Claim DA Railroading Them Over Firm's Failure
• Detroit Can Hang On To Casino Tax Revenues, Judge Rules
• How Junior Creditors Can Protect Themselves In Downturn
• Energy Future Looks To Stop Fast-Track Appeal Of $4B Deal
• PSL-NA To Change $100M Sale Plan Over Creditor Concerns
• DA Asks For Halt To Dewey Trustee's Suit Against Ex-Brass
• The Biggest Bankruptcy Decisions Of 2014: Midyear Report
• MedLab Gets Judge's Thumbs-Up On Ch. 11 Plan
• HUD Tries To Block Sears Methodist's Cash Use For Ch. 11
• Gowex Seeks Court Shelter As CEO Faces Accounting Charges
• Heller Ehrman Rips Schiff Hardin Atty's $1.2M Retiree Claim
• Facing Life In Prison, Ex-Madoff Aide Requests 8-10 Years
• DLA Piper Can't Duck Hospital's Claims About Dodgy LBO
• OPINION: A Victory For Vulture Funds
• Legal Forms And IP Rights: Yours, Mine, Ours Or Theirs?
• PwC Can't Escape $1B MF Global Malpractice Suit
• Capeco Brass Can Be Sued Over 2009 Blast, Judge Rules
• Bankrupt Military Supplier Gets Time To Find Boot Biz Buyer
• Detroit Art Valuation Little Help To 'Grand Bargain' Foes
• Fla. Taps Conrad & Scherer To Recoup Digital Domain Funds
• Stockton Ch. 9 Judge Hands $4M Claim To Holdout Bondholder
• Quantum Foods Says Oaktree Schemed In Soured $54M Sale
• Energy Future Pushes Back Hearing On $1.9B DIP
• Nortel's Canada Arm Settles Euro Units' Bankruptcy Claims
• Harbinger Hits Dish, Ergen With $1.5B Suit Over LightSquared
• How Creditors Can Fight Preference Claims
• Bankruptcy Mitigation Strategies For Mining Cos.
• Trustee Says McGrane Brought 'No Benefit' To Howrey Estate
• Bankrupt Revstone Subsidiaries Submit Ch. 11 Plans
• Pipe Maker PSL-NA's Creditor Balks At $100M Sale Plan
• Restaurant Owners Demand A Role In Revel Bankruptcy Sale
• Argentina Says High Court Ruling Isn't Win for NML Capital
• City Opera Suitor Wants Board Removed From Ch. 11 Sale
• Harbinger Again Dodges Class Claims In LightSquared Suit
• Is Your Investment Fund A Ponzi Scheme?
• PE-Run Military Supplier Hits Ch. 11 Seeking Sales
• Creditors Slam Energy Future's 'Extremely Limited' Records
• Ex-Greenberg Traurig Litigation Co-Chairs Join DLA Piper
• Venable Acquires Weingarten Brown, Adds 7 Attys In LA
• 5 Insights From Home Depot GC Teresa Roseborough
• 6th Circ. Rescinds AmFin Estate's $170M Tax Refund
• A Step Toward Alleviating Growing Discovery Problems
• Madoff Ruling Blocks Risky Expansion Of US Bankruptcy Law
• Individual Creditors Target Detroit's Ch. 9 Plan
• AIG, Pru's Living Wills Won't Cure All In Case Of Collapse
• MF Global UK Unit OK'd To Pay Clients After Key Settlement
• Exide Seeks $65M In Additional Bankruptcy Financing
• Patients Sue NJ Hospital Network Over Meningitis Outbreak
• Insurer's Fraudulent Transfer Claims Kept Alive In RE Suit
• Bankrupt USEC Gets Nod To Solicit Votes For Ch. 11 Plan
• Disbarred Atty Accused Of Diverting Firm's Clients, Cash
• Citi Says High Court Ruling Dooms $388M MBS Suit
• Argentina Says Judge Went Too Far Voiding Bond Payment
• Spanish Wi-Fi Co. Gowex Belly Up After CEO Confession
• Schnader Opens Long Island Outpost With 4-Atty RE Team
• Rakoff Shields Foreign Banks From Madoff Trustee Suits
• Lawyers And Email: Ethical And Security Considerations
• Coldwater Creek Rips Committee's Bid To End Exclusivity
• Atty, Reputed Lucchese Pals Convicted Of Fraud, Racketeering
• 3rd Circ. Nixes BNY's Ch. 11 Release From Hospital Creditors
• Insurers Seek To Audit Philips Unit's Asbestos Trust
• NY Court May Have Killed Off Unfinished-Business Suits
• Garlock Fights Asbestos Claimants' Bid To Revisit $125M Order
• Lenders Blast Trustee Deal In Vegas Fontainebleau Row
• IRS Says Ch. 11 Plan Lets Furniture Brands Skirt Tax Debt
• Santander Says Pa. Developers Defaulted On $29M Loan
• Optim Judge OKs PE Group As $82M Coal Plant Stalking Horse
• 6th Circ. Orders Prompt Ruling On Detroit Casino Tax Issue
• A Close Look At Puerto Rico's Bankruptcy-Like Legislation
• AIG, Prudential, Other Top Finance Firms File 'Living Wills'
• Optim Taps PE Group As $75M Coal Plant Stalking Horse
• Detroit Demands Info On $1.4B Pension Finance Deal
• NJ High Court Waives Conflicts In Pro Bono Bankruptcy Work
• Magazine Wholesaler Unveils $24M Bid For Sale Rack Biz
• New York, IGPS Buyer Can Wrap Tax Audit, Begin Deal Talks
• Diamond McCarthy Sues Ex-Partner Over Dreier Ch. 11 Fees
• Genco Lands Court Approval To Exit Bankruptcy
• Exide Reveals Restructuring Proposal To Cut $700M In Debt
• Fresh & Easy Wins Approval Of Ch. 11 Plan, $94M Payout
• LightSquared Missed $9M Bill, Inmarsat Says
• GM Defect Suits First Must Address Due Process Of Sale Order
• Judge Won't Dismiss Adversary Claims Vs. Madoff Customers
• Understanding Fraudulent Transfers And Ensuing Litigation
• Energy Future Judge Wants More Evidence For $1.9B DIP
• Detroit's Bid To Undo $1.5B Pension Finance Deals Survives
• Ormet Gets OK For $22M Private Mineral Rights Sale
• Fallen Firms Aren't Owed Unfinished Business Fees: NY Court
• Market Evidence In Solvency Disputes — An Economist's View
• China Natural Gas Bankruptcy Converted To Ch. 7
• Gardiner Koch Sued Over Trading Firm Manager's Ouster
• JPMorgan, Fortress, Cerberus Back New LightSquared Plan
• High Court To Hear Appeal Over Bankruptcy Court's Powers