Beyond Bankruptcy

The Daily Docket: Mt. Gox Enters Bankruptcy

02/28/14

Bitcoin trader Mt. Gox filed for bankruptcy in Japan with $63.6 million in debt, The Wall Street Journal reports.

Women’s clothing retailer Dots is going out of business after reaching a deal with a well-known liquidation firm that promised to begin shutting down the chain’s 359 stores starting Friday, DBR reports via WSJ.

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The Daily Docket: SAP Founder Drops Lehman Appeal

02/27/14

Lehman Brothers Holdings Inc. has reached a settlement with entities controlled by German entrepreneur Klaus Tschira, the last holdout to a multibillion-dollar settlement between Lehman and its former Swiss derivatives unit, which will free up some $1.8 billion for creditors with the potential of billions more in the future. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: SAP Founder Drops Lehman Appeal

02/27/14

Lehman Brothers Holdings Inc. has reached a settlement with entities controlled by German entrepreneur Klaus Tschira, the last holdout to a multibillion-dollar settlement between Lehman and its former Swiss derivatives unit, which will free up some $1.8 billion for creditors with the potential of billions more in the future. Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]

The Daily Docket: Freedom Industries Cooperating With Grand Jury

02/26/14
Workers inspect an area outside a retaining wall around storage tanks where a chemical leaked into the Elk River at Freedom Industries storage facility in Charleston, W.Va.
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The Daily Docket: Freedom Industries Cooperating With Grand Jury

02/26/14
Steve Helber/Associated Press
Workers inspect an area outside a retaining wall around storage tanks where a chemical leaked into the Elk River at Freedom Industries storage
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Former Anchor Bancorp Official Faces Fraud Charges

02/25/14

The watchdog in charge of monitoring TARP recipients on Tuesday announced criminal charges against a former official of Anchor Bancorp Wisconsin Inc. for allegedly orchestrating a fraudulent real-estate deal.

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Former Anchor Bancorp Official Faces Fraud Charges

02/25/14

The watchdog in charge of monitoring TARP recipients on Tuesday announced criminal charges against a former official of Anchor Bancorp Wisconsin Inc. for allegedly orchestrating a fraudulent real-estate deal.

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The Daily Docket: Freedom Industries to Shut Operations

02/24/14
Steve Helber/Associated Press
Workers inspect an area outside a retaining wall around storage tanks where a chemical leaked into the Elk River at Freedom Industries storage
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The Daily Docket: Freedom Industries to Shut Operations

02/24/14
Steve Helber/Associated Press
Workers inspect an area outside a retaining wall around storage tanks where a chemical leaked into the Elk River at Freedom Industries storage
[more]

The Daily Docket: Energy Future Preps for Bankruptcy

02/21/14

The Wall Street Journal reports on Energy Future Holdings Corp.’s preparation for a bankruptcy filing.

Long Island, N.Y.’s, shut Long Beach Medical Center filed for Chapter 11 bankruptcy Wednesday to sell what remains of its assets after Hurricane Sandy devastated the hospital a little more than a year ago. Read the Daily Bankruptcy Review article via WSJ.

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