Beyond Bankruptcy

Endeavour International Looks for Buyer of U.S. Operations

05/01/15

Oil and gas developer Endeavour International Corp. couldn’t reassemble the pieces of a restructuring pact shattered by diving oil prices, so it is looking for a buyer of its U.S. operations. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Caesars Examiner Close to Deal on Creditors’ Investigation

04/30/15
Caesars Entertainment Corp.’s Caesars Palace casino stands in Las Vegas.
Bloomberg News

The independent examiner inCaesars Entertainment Operating Co.

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Lehman’s $83 Million Trader Taped Conversations

04/24/15

A former Lehman Brothers star trader secretly recorded several conversations that he says prove Lehman owes him more than $83 million in bonuses for his work done mostly in 2008, even though he received a similar amount when Barclays PLC bought Lehman, The Wall Street Journal reports.

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Lehman Brothers Says Former Top Trader Seeking ‘Double Recovery’

04/23/15

Lehman Brothers on Wednesday said former top trader Jonathan Hoffman is seeking “double recovery” on his bonus from 2008, in day one of a trial over whether Lehman owes Mr. Hoffman and three other employees millions in back bonuses. The Wall Street Journal has the Daily Bankruptcy Review article here.

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RadioShack Looks to Unload Defense Mobile Phones

04/10/15
Tony Gutierrez/Associated Press

RadioShack is going back to basi

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American Airlines Seeks to Tap Claim Reserves to Pay Shareholders

04/10/15

Wednesday in New York, American Airlines Group Inc. will ask a judge if it can distribute more than $230 million in stock it had set aside for claims disputes in its predecessor’s chapter 11 case.

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The Daily Docket: Judge Approves $325 Million for Yarway Asbestos Claims

04/10/15

A judge gave permission for lawyers in charge of long-dead manufacturer Yarway Corp. to pay hundreds of millions of dollars to individuals who said the company exposed them to asbestos. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Aurobindo Affiliate Alleges Natrol Ex-Owner of Fraud

04/07/15

An affiliate of India’s Aurobindo Pharma has hurled allegations of fraud at the former owner of a natural products company it bought out of a U.S. bankruptcy proceeding, Natrol Inc. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Salus Changes Mind on Increasing RadioShack Bid

03/30/15
Chronicle-Tribune/Associated Press

Salus Capital Partners, the hedge fund trying to gain control of RadioShack

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The Daily Docket: Standard General Says Its Offer Is RadioShack’s Only Survival Hope

03/20/15
A workman repairs the store front of a closed RadioShack location after the sign was removed in Springfield, Va., on March 12.
Shawn Thew/European Pressphoto Agency
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