News Topic: Beyond Bankruptcy

Lehman Brothers Holdings Inc.’s estate wants to sell its 20% stake in hedge fund D.E. Shaw Group, The Wall Street Journal reports . ... Read full article

Experts are saying a bankruptcy judge will decide on Detroit’s bankruptcy eligibility Tuesday, The Wall Street Journal reports . ... Read full article

Reuters A manhole cover bears the logo/design of Jefferson County, Alabama in this August 9, 2011, file photo. A bankruptcy judge cleared Jefferson Count ... Read full article

Reuters A manhole cover bears the logo/design of Jefferson County, Alabama in this August 9, 2011, file photo. A bankruptcy judge cleared Jefferson Count ... Read full article

Getty Images The team winding down what is left of Lehman Brothers Holdings Inc. ... Read full article

Read more about Brazilian oil company OGX Petroleo e Gas Participacoes SA ’s descent into bankruptcy protection in The Wall Street Journal . ... Read full article

Reuters Lee Farkas in his June 2010 booking photo Former mortgage executive Lee Farkas is asking a judge to toss his conviction for orchestrating a multi ... Read full article

Lawyers for Comcast Corp. squared off with Houston Astros owner Jim Crane in a Texas bankruptcy court Monday over the fate of their troubled Houston regional sports network, which Comcast is trying to put in Chapter 11 bankruptcy protection. Read the ... Read full article

Associated Press The remnants of Lehman Brothers Holdings Inc. ... Read full article

Detroit’s ready to make a case for its bankruptcy eligibility Wednesday, The Wall Street Journal reports . ... Read full article

Creditors of Lehman Brothers Holdings Inc.’s Australian unit have approved a $48 million settlement with a group of insurers over claims the investment bank misled a group of towns, charities and churches into buying risky securities backed by U.S. ... Read full article

A bankruptcy trustee for failed solar panel manufacturer Energy Conversion Devices is suing three Chinese companies for $950 million over allegations of price fixing and the dumping of cheap solar panels that drove the U.S. company out of business. Read ... Read full article

Getty Images Citigroup Inc. ... Read full article

Furniture Brands International Inc.’s board of directors has switched course, replacing Oaktree Capital Management with New York’s KPS Capital Partners LP as the lead bidder at an upcoming bankruptcy auction. Read the Daily Bankruptcy Review article here ... Read full article

Getty Images Paul Singer ‘s hedge fund Elliott Management has agreed to pay GBP650 million ($1.05 billion) to the corporate parent of Lehman Brothers ... Read full article

Agence France-Presse/Getty Images A trust representing “old” General Motors’ unsecured creditors agreed to stop trying to reclaim funds that GM had paid to a group of hedge funds, among them ... Read full article

A judge on Tuesday forced LightSquared to remove an independent director named to help oversee the sale of the Philip Falcone-controlled wireless satellite company, agreeing with lenders that her sour relationship with would-be buyer Dish Network Corp. ... Read full article

Bank lenders Monday officially ratcheted down the pressure on Overseas Shipholding Group Inc. after the tanker company unveiled financial projections that will be the basis for restructuring talks. Read the Daily Bankruptcy Review article here . ... Read full article