News Topic: 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 ... Read full article

Hawker Beechcraft Inc. won court approval Friday of its plan to exit bankruptcy under the control of a group of hedge funds, a ruling the company hopes will lead to it being out of Chapter 11 by the end of February. Read the Daily Bankruptcy Review ... Read full article

Getty Images 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 ... Read full article

Reuters MF Global Holdings Ltd.’s bankruptcy judge on Thursday approved a key settlement among the failed brokerage’s three key constituents, opening up the possibility that the remaining money owed to customers could start flow ... Read full article

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 . ... Read full article

Overseas Shipholding Group Inc. is seeking to restrict trading of its stock to protect more than $100 million in tax breaks. Read the Daily Bankruptcy Review article here . ... Read full article

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. ... Read full article

Getty Images Sen. Richard Blumenthal speaks during a press conference on Iran at the Capitol on Feb. 29. A U.S. ... Read full article

The Republic/Associated Press The bankruptcy judge for Hostess Brands Inc. asked it and its bakers union to mediate. ... Read full article

It’s been well over a year since the U.S. Supreme Court handed down a decision in Stern vs. Marshall that called into question the authority of bankruptcy judges to decide certain issues. Although some of the storm has calmed since then, according to a ... Read full article

Bakers Footwear Group Inc. has filed for bankruptcy protection, The Wall Street Journal reports . ... Read full article

Ally Financial Inc. is worried that the proposed sale of Residential Capital LLC’s mortgage-servicing platform might hamstring ResCap’s promise to abide by the terms of a landmark national mortgage settlement. Read the Daily Bankruptcy Review article here ... Read full article

A U.S. House panel on Friday looked into whether the Federal Communications Commission followed its own rules when it gave Phil Falcone’s LightSquared approval for a wireless network in early 2011, a decision that has since been put on hold over ... Read full article

Reuters A US Airways plane passes American Airlines planes at Ronald Reagan National Airport in Washington in this April 23, 2012, file photo. American A ... Read full article

A New York judge on Tuesday grilled a lawyer representing Patriot Coal Corp.’s union workers over whether the company’s bankruptcy case should be moved to Charleston, W.V., home of most of Patriot’s coal mines. Read the Daily Bankruptcy Review article ... Read full article

Digital Domain Media Group Inc . said it filed for Chapter 11 bankruptcy and agreed to sell its core business to private investment firm Searchlight Capital Partners LP for $15 million. Click here to read the article in DBR Small Cap. ... Read full article

The owner of several U.S. luxury resorts says it was “compelled” to offer controversial buyer protections to Singapore’s real-estate investment arm in order to secure its $1.5 billion bid. Read the Daily Bankruptcy Review article here . ... Read full article

A judge cleared Central Falls, R.I., to emerge from Chapter 9 protection with a plan that would forgive some of its debts and finalize cuts to its retirees’ pension plans. Read the DBR Small Cap article  here . ... Read full article