Bankruptcy Archive » December, 2014

Bankruptcy - December, 2014

222 articles

• Fla. Judge OKs Espirito Santo's $8M Deal With Bankrupt Bank
• WaMu Trust Cuts $37M Deal With Execs Over Bank's Collapse
• LG, Epson Shed Some Claims In LCD Price-Fixing MDL
• Capeco Blast Co-Defendant Takes Coverage Row To Justices
• Wells Fargo Will Pay Revel's Outstanding Property Taxes
• Trustees Vote For Bankruptcy In Dismantling NJ Water Agency
• Rockstar Sells Off 4,000 Patents To RPX For $900M
• Argentina Must Give Creditors Asset Info, 2nd Circ. Rules
• Yarway Floats Ch. 11 Plan Featuring $325M Asbestos Trust
• Madoff Trustee Inks Deal With Cayman Feeder Fund
• New Opportunities For Distressed Investment In Germany
• 2nd Circ. Rejects Goldman Request To Arbitrate MBS Suit
• Delia's Reaches Tentative Creditor Deal On $20M DIP
• Madoff Trustee Looks To Release $322M In Latest Payout
• Revel Casino's Power Plant Warns It Could Go Bankrupt Too
• Nixon Peabody, Mintz Levin Blitz Biotech's Legal Mal Suit
• Idearc Trustee Says 5th Circ. Cut Off Its Right To A Jury
• OCZ Trustee Says Class Action Plaintiffs Flouted Ch. 11 Stay
• Ex-Ariz. Bank Execs Settle $11M Feud With FDIC, Insurer
• Pershing Tangles Over Dismissed Fannie-Freddie Action
• Trump Resorts Finalizes $20M Icahn Loan To Keep Taj Open
• Endeavour Can Poll Lenders On Plan To Trim $500M In Debt
• Anderson News Calls Publishers' Antitrust Claims A Tall Tale
• Aramid Settles With Relativity In $44M Sony Film Finance Suit
• Ex-Dewey Atty Can't Hide In Germany From Trustee's Suit
• Freedom President Objects To $3M AIG Settlement
• Miami Development Takes On Homeowners' Ch. 11 Claims
• Feds Seek Stiff Sentence For 'Greedy' Ex-Sentinel Exec
• FirstBank Appeal Fails In Quest For Lehman-Era Collateral
• Fla. Nursing Home's Bold Ch. 11 Play Stays Unresolved
• Caesars Re-Merges With Subsidiary Ahead Of Bankruptcy
• The State Of Technology-Assisted Review In 2014
• Law360 Names Law Firms Of The Year
• Law360 Names Practice Groups Of The Year
• Judge Won't Expand $188M Judgment In Wyly Fraud Case
• Caesars Unit Gets Buy-In From Senior Noteholders
• Bankruptcy Attys, Trustees Back Baker Botts' Meta-Fee Bid
• Ch. 11 Case For Skin Treatment Co. Thrown Out
• Lehman Trustee Seeks To Recover $98M From Wells Fargo
• Bankrupt Aereo Gets Green Light To Stage Asset Auction
• Rothstein Trustee Cleared To Distribute $13M In Claims
• 9th Circ. To Rehear En Banc Bankruptcy Atty Fee Row
• US Bank Settles With CFTC In Suit Over Peregrine Debacle
• THQ Estate Launches Avoidance Suits To Claw Back $9M
• Harbinger Backs LightSquared's New Restructuring Plan
• 5th Circ. Affirms $2.1M Verdict In Rap Song Rights Fight
• Exide Bondholders Contend Ch. 11 Plan Unfair, Unworkable
• Nortel's US Arm Gets Nod For $1B Bondholder Interest Deal
• Calif. Bar Committee Backs No-Asset Pro Bono Bankruptcy
• Amid Union Fight, Icahn Pledges $20M To Save Taj Mahal
• Diocese's Paine Hamblen Malpractice Suit Heads To Trial
• Ex-Exec Of Bankrupt Fuel Shipper Arrested In Denmark
• Old GM Creditor Trust Says Defect Liability Lies With New GM
• Former Saab Owner Spyker Declared Bankrupt
• Proposals To Reform Ch. 11 Target Secured Creditors
• Howrey Trustee Settles With 7 Former Partners
• Steptoe Hit With $129M Calif. Legal Malpractice Suit
• Dendreon Gets Nod For Bondholder Support Deals
• 11th Circ. Says Dueling Cases Void Insurance Exclusion
• Deb Stores Gets Nod For Bankruptcy Auction Plans
• Chancery Fast-Tracks Suit Seeking Receiver For Caesars Unit
• Madoff Trustee Gets $600M In New Clawback Settlements OK'd
• What Happens When Legal Aid Cuts Stimulate Pro Bono?
• Ignition-Switch Claimants Attack GM's Bankruptcy Shield
• Coldwater Creek Asks To Sell Its Piece Of $6B Swipe Fee Deal
• Networks Slam Aereo's Plans To Shop Infringing IP
• PREPA Offers Snapshot Of $9B Restructuring Project
• Endeavour Creditors Win Brief Disclosure Hearing Delay
• Freedom Industries Exec Says Spill Exposure DQs Prosecutors
• RadioShack Hoists In New CFO From Restructuring Firm
• Bankruptcy MVP: Jenner & Block's Catherine Steege
• Revel Wants Court To Nix 'Burdensome' Energy Agreements
• Trustee Blasts 'One Life To Live' Producer's Ch. 11 Disclosure
• Deb Stores Faces Opposition To Bankruptcy Sale Plans
• Fifth DBSI Exec Sentenced Over $150M Scheme
• Merrill Lynch Fined $1.9M Over Bankrupt GM Debt Sales
• Annual Bankruptcy And Restructuring Roundup
• Caesars Skips $225M Payment As Workout Talks Continue
• UniTek's Ch. 11 Plan Awaits New Confirmation Hearing
• Hedge Funds Fail To Block $1.1B EDMC Restructuring
• Madoff Account Manager JoAnn Crupi Gets 6-Year Sentence
• GTAT Placates Creditor Worries Over $439M Apple Deal
• US Objects To 'Lavish' Expenses In Wylys' Ch. 11 Budget
• Bankruptcy MVP: Morrison & Foerster LLP's Brett Miller
• Bankruptcy Pressure Mounts On Teen Apparel Retailers
• Lehman Trustee Takes $4B Barclays Asset Fight To High Court
• Gibson Dunn Nabs 2nd Kirkland Corporate Atty This Month
• Noreco Wants $420M Debt Conversion To Avoid Bankruptcy
• 9 Lessons For Creditors From Detroit's Bankruptcy
• 3 Questions To Ask Yourself Before Hiring Appellate Counsel
• Apple Defends $439M GTAT Pact, Fires Back At Creditors
• RadioShack Not In Debt Default, ISDA Panel Says
• Justices To Mull Whether Bankruptcy Plan Denials Are Final
• NJ Judge To Mull Backup Revel Bid After Nixing $110M Deal
• Justices To Decide Who Gets Funds In Bankruptcy Conversion
• Caesars Is At Impasse With Lenders Over Restructuring Deal
• Circuit City Trustee Sues Calif. For Tax Overpayment
• Momentive Cuts Deal Over $8.9M In Bondholder Atty Fees
• Bankruptcy MVP: Jones Day's David G. Heiman
• You Don't Get 3 Strikes When Filing A Complaint
• Detroit Mediators Announce End Of Bankruptcy Fee Disputes
• Dendreon Bondholder Support Deal Comes Under Fire
• Bankruptcy MVP: Stroock's Kris Hansen
• Specialty Products Wins OK For $800M Asbestos Trust
• Sentinel Trustee Can't Wipe Out BNY Mellon's $312M Debt
• NY Court Rebuffs Investor Who Skipped $410M Madoff Deal
• Trump Resorts CEO Says Union Killed Deal To Save Casino
• US Asks High Court To Reverse Baker Botts Fee Ruling
• Wet Seal Warns Investors Of Possible Bankruptcy
• What Lawyer-Novelists Learned From Being Lawyers
• MF Global Underwriters Ink $74M Fraud Deal With Investors
• Miller Canfield Counsels Detroit In Closing $1.28B Bonds
• Johnny Carson's Atty Sues Bankruptcy Counsel Over Book
• How Borrower Got 'Free House' In NJ Bankruptcy Case
• JPMorgan Not Due $24M In Chrysler Tax Money, Treasury Says
• Hellas Noteholders' $333M Suit Against Sponsors Revived
• Trustees Get No Estimation On Lehman's MBS Liability
• Judge Denies Franklin Bid To Reduce Stockton Retiree Claims
• Bankruptcy MVP: Willkie Farr's Matthew Feldman
• Siemens' $3.6M Settlement With HearUSA Stockholders OK'd
• Astros, Rockets To Pay $26M For Houston Network Collateral
• Madoff 'Tech Guy' Gets 2.5 Years For Ponzi Programming
• Revel Wants $95M Backup Bid Revived After Winner's Pullout
• Madoff Account Manager Must Forfeit 2 Houses, Bentley
• Unique Dynamics Of LIHTC Workouts: 3 Thoughts For Lenders
• Ch. 11 Proposals Leave Top Lenders Quaking
• US Trustee Rips Simplexity's 'A La Carte' Bankruptcy Deal
• Rothstein Trustee Seeks Clarification On $43M In Claims
• Gulfco Loses Bid To Overturn Ch. 11 Dismissal
• Ex-SemGroup CEO Asks 3rd Circ. To Nix Investor Fraud Suit
• Ex-Trader Trying To Double $84M Bonus, Lehman Trustee Says
• Bankruptcy MVP: Kramer Levin's Kenneth Eckstein
• BNY's Pershing Can't Escape Stanford Ponzi Suit
• Edgenet Estate Gets Nod For Ch. 11 Liquidation Plan
• Exec Lied To Duck W.Va. Water Pollution Blame, Feds Say
• AmFin Fights FDIC Over Specific Trust For $170M Tax Refund
• Barclays Fighting To Hold On To 'Lehman Brothers' Trademark
• 3rd Circ. Affirms Revival Of Genaera Investor Suit
• Entergy Pays $948M For Bankrupt Co.'s Ark. Gas Plant
• Dentons Denies Playing Part In Botched $41M Resort Loan
• 2 More Madoff Underlings Sentenced For Aiding Ponzi Scheme
• Jury Convicts Ex-Detroit Treasurer Of Pension Fund Fraud
• Phoenix Rival Fights Bid To Cut Software Claim By $9.5M
• Bankruptcy MVP: O'Melveny's George Davis
• Trump's Law Firm Secures $1.25M Fees But Sits Behind Icahn
• Bankrupt Biofuel Co. KiOR Gets Nod For Jan. Auction
• 3 Debates The Ch. 11 Commission Didn't Resolve
• Ore Miner Northland Hits Bankruptcy After Debt Deal Fails
• Goldman, Morgan Stanley Hit With Investor Suit Over GTAT
• 2nd Circ. Says Picard Can't Claw Back From Madoff Customers
• Former Madoff Aide Gets 10 Years For Role In Ponzi Scheme
• Bankruptcy Commission Urges Ch. 11 Overhaul
• Risks And Opportunities Amid Falling Oil Prices
• 'Real Housewives' Star Blames Prison Time On Atty's Work
• Chrysler Wins Reversal On $50M Ch. 11 Tax Dispute
• GTAT Creditors Worry Apple Getting Off Easy In $439M Deal
• Plea In Works For Fuel Exec Hit With $30M Bank Fraud Rap
• USDA Liable For Subcontractor's $10M Claims, Fed. Circ. Told
• Argentina Creates New Bond-Payment Plan
• Bankruptcy MVP: Cleary Gottlieb's Richard Cooper
• NJ Courts Hand Financial Cos. 2 Bonuses In 2014
• American Laser Skincare Shuts Clinics, Files For Ch. 7
• Clothing Retailer Delia's To Liquidate After Deal Bid Fails
• Trump Gaming Partners Settle As Ch. 7 Hearing Looms
• Rep. Marino Tapped To Become New House Antitrust Chair
• 8 Reasons We Don't See More Chapter 9 Bankruptcies
• Bogus Promises In $439M Apple Deal, Says GTAT Creditor
• Brookfield-Revel Deal Could Be In Play, Attorney Says
• Garlock's $125M Asbestos Liability Cap To Stay In Place
• Future Of Ch. 11 Hinges On Long-Awaited Report
• Madoff Trustee Can't Immediately Appeal Merkin Ruling
• Subject Of Chancery Arrest Warrant Claims Discrimination
• Bankrupt New York City Opera Assets To Hit Auction Block
• Chilean Bus Outfit's Debt Swap Plan Gets The Green Light
• Market Rumors: Cosan, Universal Terminal, Elliot Management
• Howrey Trustee Settles With 9 Jones Day Attys, DC Landlord
• Minority Powerbrokers Q&A: BakerHostetler's Fernando Bohorquez
• Retailer Deb Stores Hits Ch. 11 For Possible Liquidation
• Caesars Bondholders Rip $155M 'Backroom' Refi Deal
• Stanford Receiver Defends Timing of Proskauer Ponzi Suit
• NECC Ch. 11 Plan Sets Aside $135M For Outbreak Victims
• Understanding LIHTC Basics Before Embarking On Workouts
• Jones Day's Detroit Billings Included Florida Travel
• Payroll Firm Trustee Wants IRS To Return Payments
• Hellas Judge Rejects PE Firms' Attack On Ch. 15 Case
• San Bernardino Judge Stops Firefighters' Labor Suit
• Winthrop Sells Philly Building For $85M Amid Liquidation
• Wyly Widow's $550K Fees, Living Expenses OK'd In Ch. 11
• UniTek Gets Final OK For Up To $57M DIP Package
• BofA Says Its Bankruptcy Debt Reporting Practices Are Legit
• Judge Tosses, Then Reinstates 'Passive-Aggressive' Atty
• Trump Entertainment Bankruptcy Hearing Delayed
• Apple Exec To Give Deposition In GTAT Bankruptcy
• Citigroup, DOJ Wrap Up Deal Over Exposed Customer Info
• Minority Powerbrokers Q&A: Judge David Coar
• SEC Pursuit Of Wyly Widow Is Ch. 11 Issue, Scheindlin Says
• Ex-Jones Day Partner Leading Detroit Bankruptcy To Resign
• JPMorgan Says GM Finagled End To Interest On $1.5B Loan
• GT Creditors, Noteholders Seek Grilling Of Apple Exec
• Ex-Sentinel CEO Should Serve 20 Years, Prosecutors Say
• Lehman Judge Delays Decision On $62M FirstBank Claim
• Reichhold Gets Nod For $106M DIP, January Auction
• Olive Oil Plaintiffs 'Totally Failed' In Bid Against Owners: Judge
• Revel Can't Shake Tax Agreements, Atlantic City Says
• 5th Circ. Limits 'Value' In Fraudulent Transfer Defense
• Indonesian Coal Miner Bumi Seeks Shelter In Ch. 15
• Dutch Carmaker Spyker Files For Bankruptcy
• RadioShack Says It Will Fight Salus Capital Breach Claim
• Caution: Flaws Of The Attorney-To-Secretary Ratio
• Trump To Close Taj Mahal, Its Last Casino, On Dec. 12
• House Passes Bill Reforming Ch. 11 For Big Banks
• Make-Whole Fights Won't Fade After Momentive, Attys Say
• Judge OKs Lehman Arm's $22M Miami Resort Sale
• Petters Trustee Reaches $93M Clawback Deal With Fund
• Stockton Fights Franklin Bid To Reduce $545M Retiree Claims
• Ch. 11 Pros Forsee Refurbishing Of Securities Safe Harbor
• Supreme Court Denies Appeal Over Fla. Lawyers' Fee Fight
• Espirito Santo Under Probe For Tax Fraud, Money Laundering
• Venable Nabs Bankruptcy Pro In Latest Bingham Departure
• GCs Name Most Arrogant Law Firms
• GCs Add 35 Firms To List Of Most Arrogant
• How Much Is Enough? Qualifying As A 'Debtor' In Ch. 15