bankruptcy law

The Daily Docket: MF Global Strikes Deal With J.P. Morgan Over Claims

07/26/13

MF Global Holdings Ltd. has struck a deal with J.P. Morgan Chase & Co. that calls for the bank to pay MF Global a portion of what the bank recovers in the case, a settlement that MF Global’s administrator says avoids “years of costly and complex litigation.” Read the Daily Bankruptcy Review article here.

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The Daily Docket: Detroit Bankruptcy Could Come Within Days

07/18/13

A bankruptcy filing by the city of Detroit could come within days, The Wall Street Journal reports.

The U.S. Environmental Protection Agency added its voice to the chorus of regulators worried battery maker Exide Technologies Inc.’s bankruptcy loan poses a threat to public health and safety. Read the Daily Bankruptcy Review article here.

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The Daily Docket: K-V to Send Exit Plan to Creditors

07/17/13

K-V Pharmaceutical Co. received approval Tuesday to send its bankruptcy-exit plan to creditors for a vote. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Reader’s Digest Unveils Restructuring Plan

07/11/13

Reader’s Digest Association Inc. unveiled a restructuring plan to focus on its North American print and digital business Wednesday, as it prepares to emerge from bankruptcy protection. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Kodak Seeks $406M Rights Offering

06/19/13

Eastman Kodak Co. said it reached a deal, subject to court approval, that would allow it to repay its second-lien creditors in cash instead of equity in the company. Click here for the Daily Bankruptcy Review article.

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The Daily Docket: Court Gives Bankruptcy Trustees a Win

06/14/13

A federal appeals court on Wednesday ruled that the federal government went too far when seizing assets to repay Scott Rothstein’s Ponzi scheme victims, handing a victory to bankruptcy trustees. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Ahern Wins Bondholder Support for Plan

05/29/13

Ahern Rentals Inc. and its bondholders have agreed to a path out of Chapter 11 bankruptcy for the construction-equipment company, narrowly avoiding a showdown over rival restructuring plans. Read the Daily Bankruptcy Review article here.

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The Daily Docket: CEDC Enters Bankruptcy

04/08/13
Bloomberg
Distribution trucks drive through the yard at the Polmos Bialystok SA vodka distillery, a subsidiary of
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Bankruptcy Watchdogs Suspend Debtor Audits

04/01/13
Getty Images

When Congress overhauled the Bankruptcy Code in 2005, it directed bankruptcy watchdogs to ferret out fraud by auditing consumer debtors—audits those watchdogs can no longer afford.

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The Daily Docket: Geokinetics Enters Bankruptcy

03/11/13

Geokinetics Inc. , which gathers and analyzes data for oil and gas companies, filed for Chapter 11 bankruptcy protection after reaching a deal with its creditors on a plan to restructure its debt. Read the Daily Bankruptcy Review article here.

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