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.
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 here.
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 Review article here.
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
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.
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.
Lehman Brothers’ spectacular 2008 failure called into question the soundness of the U.S. economy, the strength of our financial regulations and the impact of Wall Street on Main Street.
