Bankruptcy Blogs

Summary Judgment Granted in Favor of New Matco Defendants in NewStarcom Holdings Bankruptcy

03/14/16

In the NewStarcom Holdings bankruptcy matter, Miller v. American Capital Ltd., et al. (In re NewStarcom Holdings, Inc., et al.), Adv. Pro. 10-50063 (CSS) (Bankr. D. Del. March 8, 2016), the Delaware Bankruptcy Court ruled upon various motions, including a motion for summary judgment filed by defendants.

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Morning Scan: Fed Picture May Clear; China to Sell Bad Debt

03/14/16

Receiving Wide Coverage ...

Fed in the Spotlight: All eyes will be on Janet Yellen this week as the Federal Open Market Committee meets. With the "new dot plot" expected, we should get a clearer view about whether the Fed still expects four rate hikes this year. Some Fed officials stress treading with caution, arguing risk is minimal if they move slowly. "We may well at present be seeing the first stirrings of an increase in...

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Too Many Bank Regulations Are Counterproductive

03/14/16

We are reminded frequently that policies with the best intentions often do not reach their intended recipients and at times lead to previously unforeseen issues.

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KaloBios Gets Bankruptcy Financing

03/14/16
KaloBios, from which Martin Shkreli was fired as CEO, got access to bankruptcy loans as it tries to shake his shadow.
Brendan Smialowski/Agence France-Presse/Getty Images
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Puerto Rico: Colonial Chickens, Structural Priority, and Contingent Debt

03/12/16

It has been a humbling torrent of creativity, and I am honored to chip in a tuppence at the eleventh hour. After an existential preface, I consider how one might use (or resist using) federal credit enhancement in the inevitable debt exchange.

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Arch Coal Made $10,000 Gift to Energy & Environment Legal

03/11/16

Arch Coal Inc., the nation’s second biggest coal miner, donated $10,000 to a Washington D.C.-based legal group known for filing lawsuits against climate scientists.

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Maker of ‘Smart’ Basketball Files for Bankruptcy Protection

03/11/16
The 94Fifty Smart Sensor basketball and smartphone app.
InfoMotion Sports

The Massachusetts start-up behind the 94Fifty Smart Sensor Basketball, which

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Next Week in Bankruptcy

03/11/16

Investors are working up their appetites for some hearty bankruptcy auctions in the upcoming week.

An auction is slated be held next Friday for the remainder of the Haggen Holdings LLC grocery chain. One interested bidder may be Ceberus Capital Management, which leads the group of investors that backs the Albertsons grocery chain. Cerberus received antitrust clearance to bid on the Haggen stores, according to documents filed March 4 with the Federal Trade Commission.

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Apple-FBI Battle Exposes the Slow Pace of Regulation

03/11/16

The fight over the security protections on the San Bernardino, Calif., iPhone is about more than a single device or Apple's product line.

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Albertsons Owner Cleared to Bid on Haggen Chain After Antitrust Review

03/11/16

Cerberus Capital Management , which leads a group of investors that own the West Coast’s Albertsons grocery chain, has received antitrust clearance to bid on the profitable core of the Haggen grocery chain, which is going on the bankruptcy auction block next week, The Wall Street Journal reports via The Daily Bankruptcy Review.

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