Bankruptcy Trends

Plenty of ink has been spilled on how bankruptcy courts today see more sales of assets and businesses rather than true reorganizations.

A government effort to crack down on the fees corporate bankruptcy lawyers charge quietly took effect this month, though time will tell how attorneys and judges alike react to the new rules.

Electricity producer NRG Energy Inc. is set to buy Edison Mission for $2.6 billion, The Wall Street Journal reports.

The city of San Bernardino, Calif., won approval to restructure in Chapter 9 bankruptcy protection, The Wall Street Journal reports.

A bankruptcy judge Wednesday confirmed K-V Pharmaceutical Co.’s Chapter 11 restructuring plan, which is based on a $275 million investment deal with a group of its junior bondholders. Read the Daily Bankruptcy Review article here.

Eastman Kodak Co. was cleared Tuesday to emerge from bankruptcy court, putting a bookend on an American ric