Bankruptcy Blogs

Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? 

Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? 

Have Chapter 11 restructurings become so expensive that professionals are essentially pricing themselves out of business? 

The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s investment-banking operation, The Wall Street Journal reports.

Receiving Wide Coverage ...

Long Time Coming: It's been a long and bloody road to a $1.37 billion settlement between Standard & Poor's and the U.S. Justice Department. The deal, announced Tuesday, resolves accusations that S&P misled investors about the credit quality of mortgage-backed securities in the run-up to the financial crisis. But the media coverage is far more focused on what happened during the two years it took the parties to reach an agreement. S&P...