bankruptcy law

The Daily Docket: Denmark’s O.W. Bunker U.S. Units File for Chapter 11

11/14/14
OW Bunker vessels in Singapore.
O.W. Bunker

Denmark’s O.W. Bunker AS on Thursday placed its U.S.

[more]

‘Jeopardy!’ Champs Have a Go at ‘Debt’

11/13/14

Much to our delight, Wednesday night’s “Jeopardy!” episode included a category seemingly custom made for Bankruptcy Beat readers. For those who missed it, “Cause of Debt” included five debt-laden questions that at times stumped the contestants (Tournament of Champions contestants, no less).

How would you have done on last night’s show? Take the quiz to find out.

[more]

The Daily Docket: Drug Maker Dendreon Files for Bankruptcy

11/10/14

Dendreon Corp. filed for Chapter 11 bankruptcy protection Monday after coming to terms with senior lenders on a restructuring that could mean a reorganization or a sale of its cancer drug operation. Read the Daily Bankruptcy Review story in The Wall Street Journal.

[more]

Forward Motions: Natrol Set to Auction Its Assets

11/07/14

Next Monday at a law office in Wilmington, Del., vitamin maker Natrol Inc. will auction itself off. ICV Partners is offering approximately $90 million for Natrol, but other bidders can top that at the auction.

The California company filed for Chapter 11 bankruptcy protection in June, due to a dispute with lender Cerberus Business Finance LLC. The buyout firm had criticized the company’s management. Natrol lawyers said they “strongly disputed” the lender’s claims of mismanagement.

[more]

How American Sniper’s Death Caused a Headache for a Texas Hedge Fund Manager

11/07/14
Former Navy SEAL and author of the book “American Sniper”, Chris Kyle poses in Midlothian, Texas, in 2012, less than a yer before his death.
Associated Press
[more]

Bankrutpcy Judge Shuts Down Sam Wyly Book Projects

11/06/14
Texas entrepreneur Sam Wyly arrives at federal court in New York in May for closing arguments his civil trial.
Associated Press

The team of

[more]

The Daily Docket: Bankruptcy Judge Delays Key Trump Taj Mahal Ruling

11/06/14
Trump Entertainment

As cash quickly runs out to keep Atlantic City’s Trump Taj Mahal Casino Resort open, a bankruptcy judge refused to sign off on the outlines of a bankruptcy-exit plan for owner Trump Enterta

[more]

The Daily Docket: Nortel Canada Looks to Block U.S. Unit’s $1 Billion Bondholder Deal

11/05/14

Nortel Networks Corp. of Canada Tuesday attacked a $1 billion pact between its U.S. division and investment firms that bought debt after the former telecommunications powerhouse collapsed in bankruptcy in 2009. Read the Daily Bankruptcy Review story here.

[more]

The Daily Docket: LightSquared Strikes Deal Giving Control to Ergen

11/04/14

Dish Network Corp. Chairman Charlie Ergen would receive a controlling stake in troubled wireless company LightSquared under the company’s newest restructuring plan, announced in court on Monday. Read the Daily Bankruptcy Review story in The Wall Street Journal.

[more]

Judge Approves Deal Between ‘Hottest Girl in America’ and Girls Gone Wild

10/30/14
Chelsea Heath, Girls Gone Wild’s 2010 Hottest Girl in America.
Chris Lambeth

The woman crowned Girls Gone Wild’s Hottest Girl in America in 2010 is final

[more]