Beyond Bankruptcy

The Daily Docket: Lehman Strikes Claims Deal

12/01/11

Lehman Brothers Holdings Inc., on the heels of winning “overwhelming” support from creditors for its Chapter 11 plan, struck a deal concerning nearly $4 billion in priority claims from mortgage giants Fannie Mae and Freddie Mac, which were seized by the U.S. government shortly before Lehman’s collapse. Read the Daily Bankruptcy Review article here.

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Mrs. Fields Baking Up Restructuring

11/18/11

Cookie maker Mrs. Fields is working to cook up a restructuring deal to avoid its second bankruptcy, Bloomberg reported Friday.

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The Daily Docket: General Maritime Plunges Into Bankruptcy

11/17/11

General Maritime Corp. voluntarily filed for Chapter 11 bankruptcy and reached agreements with key senior lenders for a financial restructuring that will allow the oil-tanker company’s operations to continue. Click here to read the article in Daily Bankruptcy Review.

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The Daily Docket: Jefferson County Enters Bankruptcy

11/10/11

Alabama’s Jefferson County filed for Chapter 9 protection Wednesday evening with more than $3 billion in debt, the largest bankruptcy of its kind, The Wall Street Journal reports.

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The Daily Docket: Dish Closer to Owning TerreStar, DBSD

11/07/11

Dish Network Corp. is a giant step closer to owning TerreStar Networks Inc. and DBSD North America Inc., after settling a long legal fight with Sprint Nextel Corp. over a satellite-licensing agreement. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Los Angeles Dodgers Edition

11/04/11

This week on The Broke and the Beautiful, it looks like the Los Angeles Dodgers are stepping up to be sold, and former outfielder Lenny Dysktra’s going for a knockout. Also this week, another of Bravos’ “Real Housewives” has some bankruptcy-court drama, and the newest James Bond movie has started filming nearly a year after Metro-Goldwyn-Myer Inc. filed for bankruptcy.

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The Broke and the Beautiful: World Series Edition

10/28/11

This week on The Broke and the Beautiful, the Texas Rangers come closer to winning their first World Series, the Los Angeles Dodgers and owner Frank McCourt are fraught with drama, and a $10 million home on South Florida’s Star Island that was once owned by rapper Vanilla Ice is hitting the auction block.

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The Daily Docket: Lehman Closer to Chapter 11 Plan Approval

10/27/11

Lehman Brothers Holdings Inc. said recent settlements with a number of its far-flung foreign affiliates have put the failed investment bank on track to win approval of its plan to exit bankruptcy by the end of the year. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Wins Approval on SunCal Plans

10/26/11

A California bankruptcy judge Tuesday approved Lehman Brothers Holdings Inc.’s Chapter 11 plans for more than a dozen real-estate projects that had been caught up in the legal tug of war between the failed investment bank and land developer SunCal Cos. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Reaches Deal With SunCal

10/25/11

Lehman Brothers Holdings Inc. and California land developer SunCal Cos. reached a settlement in their long-running fight over the fate of more than a dozen stalled real-estate projects. Read the Daily Bankruptcy Review article here.

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