bankruptcy law

Your Bankruptcy Is a Wonderland: John Mayer May Get Stiffed on Amp Sale

01/15/15

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

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The Daily Docket: Caesars Puts Operating Unit Into Bankruptcy

01/15/15

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 the unit with $18.4 billion in debt, The Wall Street Journal reports.

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The Daily Docket: Former Madoff Operations Director Sentenced

12/09/14

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.

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The Daily Docket: Delia’s Files for Bankruptcy

12/08/14

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

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What The ABI Bankruptcy Overhaul Doesn’t Include

12/08/14

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 Trading

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Bankruptcy Law Overhaul Would Mean Big Changes

12/08/14

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 who profited from leveraged buyouts. Wall Street Journal Reporter Katy Stech read the 370-page report (read her story here) so you don’t have to.

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The Daily Docket: Teen Retailer Delia*s to Shut Doors

12/05/14

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 emptying as early as Friday in going-out-of-business sales.

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