News Topic: Beyond Bankruptcy

This week, “Gossip Girl” actress Kelly Rutherford is on the brink of bankruptcy, and Dionne Warwick speaks out. Also, designer Betsey Johnson is ready to cartwheel onto reality TV. ... Read full article

Reuters The union whose nationwide strike sparked Hostess Brands Inc.’s decision to liquidate in bankruptcy said its workers are “inextricably linked” to the future of snacks such as Twinkies and Ho Hos and hi ... Read full article

New York-based KIT digital Inc., which helps get video content to stream over the Web, filed for Chapter 11 bankruptcy protection on Thursday to get rid of some of the underperforming businesses it purchased during a $320 million buying binge. Read the ... Read full article

The remains of two long-dormant manufacturing companies—Yarway Corp. and Saberhagen Holdings Inc.—were resurrected in bankruptcy court to deal with thousands of asbestos lawsuits. Read the DBR Small Cap article here . ... Read full article

Agence France-Presse/Getty Images A judge on Tuesday approved three measures that will together allow billions of dollars to be returned to customers of Lehman Brothers Holdings Inc.’s collapsed brokerage, and soon. ... Read full article

Creditors of Lehman Brothers Holdings Inc.’s U.K. arm, Lehman Brothers International Europe, might get all their money returned to them. Read the article via Daily Bankruptcy Review . ... Read full article

European Pressphoto Agency A copy of Reader’s Digest at a store in New York in August 2009. Reader’s Digest Association Inc. ... Read full article

Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article

Associated Press The shell of A123 Systems Inc. left behind in bankruptcy is seeking to preserve millions of dollars in tax credits with the state of Michigan. ... Read full article

Out of bankruptcy with a new owner that allowed “The Ice Cream of the Future” to live on for another day, the unbridled Dippin’ Dots is making an ambitious bounce towards the school cafeteria with a healthier, fat-free product. ... Read full article

A bankruptcy judge cleared Ahern Rentals Inc.’s creditors to vote on its restructuring plan as well as a rival plan from its bondholders, paving the way for a showdown over the construction equipment company’s fate.Read the Daily Bankruptcy Review article ... Read full article

A judge on Wednesday said Lehman Brothers Holdings Inc. creditors can subpoena Bruno Iksil in its lawsuit against J.P. Morgan Chase & Co., ensuring the phrase “London Whale” will stay in the lexicon for at least a bit longer. Read the Daily Bankruptcy ... Read full article

dapd The sniping over Lehman Brothers Holdings Inc.’s attempt to question the trader known as the “London Whale” over derivatives hedges resumed Tuesday, with the failed investment bank criticizing what it says ... Read full article

Reuters The last remaining boxes of Twinkies on display at a Jewel-Osco grocery store in Chicago on Dec. 11, 2012. Hostess Brands Inc. ... Read full article

Geokinetics Inc. , which gathers and analyzes data for oil and gas companies, filed for Chapter 11 bankruptcy protection after reaching a deal with its creditors on a plan to restructure its debt. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press American Airlines and US Airways Group Inc. ... Read full article

School Specialty Inc. won court approval to draw $129 million of a rival bankruptcy loan that gives the education supply company more time and flexibility in its Chapter 11 restructuring Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press AMR Corp. ... Read full article