bankruptcy law

Bankruptcy Could Mean Writer’s Block for Sam Wyly

10/23/14
Texas entrepreneur Sam Wyly arrives at federal court in New York in May for closing arguments at his civil trial.
Associated Press

Samuel Wy

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International Insolvency Treaty: The Conversation Is Happening

10/23/14

International treaties take years to complete as it is, so imagine the complexities at play in a hypothetical international insolvency treaty.

But at least people are starting to talk about it.

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GT Advanced ‘On the Cusp’ of Settlement With Apple

10/21/14

GT Advanced Technologies has, for the third time, asked a court to push back the deadline for Apple Inc. to state its case for keeping secret the causes of GT Advanced’s bankruptcy.

 

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‘Hottest Girl in America’ Settles With Girls Gone Wild

10/21/14
Chelsea Heath, Girls Gone Wild’s 2010 Hottest Girl in America.
Chris Lambeth

Lawyers who are settling old legal disputes involving Girls Gone Wild have r

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Mistake in GM Loan Could Come Back to Haunt J.P. Morgan

10/17/14

The Delaware Supreme Court Friday weighed in on a key issue in a battle over a $1.5 billion loan tied to the bankruptcy of General Motors Corp., and the word that came down is not good for the company’s lenders.

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Forward Motions: Energy Future Seeks to Pay Bankruptcy Bonuses

10/10/14

Energy Future Holdings Corp. will continue making its case next Wednesday in Wilmington, Del., to pay as much as $18 million in bonuses to upper management. A hearing on the matter began on Oct. 8 and spilled into Oct. 9, as the company faces a fight from U.S. Trustee Roberta A. DeAngelis.

Among Ms. DeAngelis’s problems with the package is a pre-existing bonus arrangement that could nearly double the amount Energy Future is seeking.

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The Daily Docket: Apple Supplier GT Advanced Plans to Wind Down Sapphire Business

10/10/14

Apple Inc . supplier GT Advanced Technologies Inc. plans to exit the business of manufacturing sapphire after a failed effort to produce material for Apple’s smartphone screens. Read the Daily Bankruptcy Review story in the Wall Street Journal.

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GT Advanced Wants to Keep Issues With Apple Secret

10/09/14

GT Advanced Technologies , the sapphire supplier that filed for bankruptcy protection Monday, wants to keep what went wrong between it and Apple Inc. behind closed doors.

Why?

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The Daily Docket: Everybody Loves Energy Future

09/17/14

Energy Future Holdings Corp. is “in the midst of a bidding war” and still talking to NextEra Energy Inc., the Florida company that sparked a competition that shook up one of the biggest bankruptcies on record, company attorney Edward Sassower said Tuesday. Read the story in the Daily Bankruptcy Review.

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The Daily Docket: Detroit Makes Its Case

09/03/14

After more than a year in bankruptcy court, the city asked a federal judge Tuesday for the final blessing of its plan to slash $7 billion in debt and get on the road to solvency, The Wall Street Journal reports.

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