News Topic: bankruptcy law

Should bankruptcy laws that allow companies broad latitude in selecting a venue be reformed?  ... Read full article

Should bankruptcy laws that allow companies broad latitude in selecting a venue be reformed?  ... Read full article

Should bankruptcy laws that allow companies broad latitude in selecting a venue be reformed?  ... Read full article

As it stands, the bankruptcy code allows companies to file for bankruptcy in a location where they have a domicile, residence, principal place of business or principal assets–to includes the location of the company’s incorporation. ... Read full article

A RadioShack sign is viewed at a location in the Eastern Market neighborhood of Washington, D.C., in February 2015. Melanie Cohen RadioShack Corp. ... Read full article

The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s ... Read full article

Donald Steckroth As U.S. ... Read full article

Caesars Entertainment Corp . may have violated federal law when it shuffled its casino assets, said a federal judge in a ruling that could complicate the casino company’s efforts to unload $18.4 billion in debts in a bankruptcy restructuring of its ... Read full article

Teen retailer Wet Seal  Inc. filed for Chapter 11 bankruptcy protection early Friday morning, hoping to salvage some of its stores using a financing offer from B. Riley Co. LLC, The Wall Street Journal reports . The filing followed warnings that Wet Seal ... Read full article

John Mayer performs in concert during his Born and Raised Tour 2013 at the Baltimore Arena on Saturday, Dec. 14, 2013, in Baltimore. ... Read full article

Gambling giant   Caesars Entertainment   Corp. put its largest unit into Chapter 11 protection in Chicago early Thursday morning, leaving it to a judge to settle the bitter dispute among the company’s creditors and the investment firms whose buyout left ... Read full article

The leader of Bernard Madoff ’s broker-dealer business was sentenced to 10 years in prison on Monday for aiding one of the largest financial frauds in U.S. history with “his meticulous bookkeeping and averted eye,” reports WSJ . ... Read full article

The American Bankruptcy Institute unveiled its long-awaited Chapter 11 reforms Monday morning, which aim to help struggling businesses but also propose to take away perks for lenders who extend bankruptcy loans and to remove protections for some investors ... Read full article

The Wall Street Journal reports that teen retailer Delia’s filed for Chapter 11 bankruptcy protection. ... Read full article

While restructuring professionals have proposed some interesting changes to the bankruptcy code , it’s also striking what their 370-page report leaves out. Here are some hot topics in the bankruptcy world that  wouldn’t  be affected: Distressed-Debt ... Read full article

Teen clothing retailer Delia*s  Inc. will file for bankruptcy and shut down after it couldn’t find a merger partner or another source of money to survive after years of steady losses, The Wall Street Journal reports . The retailer’s shelves could start ... Read full article

If you could make one change to the bankruptcy code , what would it be? ... Read full article

If you could make one change to the bankruptcy code , what would it be? It’s the safe harbors. ... Read full article