Bankruptcy Trends

The Great Recession taught businesses some valuable lessons, but restructuring experts don’t think companies learned enough about changing their corporate governance practices, according to a new survey.

In its 2013 Outlook Survey of restructuring experts, advisory firm AlixPartners said slightly less than half of the 98 professionals questioned believe corporate governance is better now than it was before the recession.

Federal lawmakers who have long grumbled about big companies choosing Delaware or Manhattan over their “home” bankruptcy courts for restructuring work will now have to get past Delaware Democratic

A group of MF Global creditors on Thursday filed a comprehensive plan of liquidation for the failed brokerage firm. Read the Daily Bankruptcy Review article here.

Trustees for creditors left unpaid after the biggest banking failure in U.S. history say they suspect Goldman Sachs Group Inc. of targeting Washington Mutual Inc. , in a naked short-selling scheme.

The bankruptcy judge for Hostess Brands Inc. asked it and its bakers union to mediate.