Bankruptcy Blogs

The Examiners: J. Scott Victor on the Rural/Metro Ruling

05/02/14

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion?

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The Examiners: Mark Roe on the Rural/Metro Ruling

05/02/14

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion?

[more]

The Examiners: Harvey Miller on the Rural/Metro Ruling

05/02/14

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion?

[more]

The Examiners: Anders J. Maxwell on the Rural/Metro Ruling

05/02/14

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion?

[more]

Forward Motions: LightSquared to Make Case for Bankruptcy-Exit Plan

05/02/14

LightSquared next week will make its closing arguments in support of confirmation of its bankruptcy-exit plan.

Judge Shelley Chapman of the U.S. Bankruptcy Court in Manhattan will hear arguments on Monday and Tuesday on the $2.65 billion reorganization proposal.

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I am Approved for a Payday Loan

05/02/14

Received the automated call to my cell phone yesterday morning, whereupon my phone recorded a 45 second message. Not only am I approved for a payday loan in the amount of up to $1,500, I apparently previously applied for a payday loan, and given that "as of April 2014, our lenders have lowered their requirements for loan qualification, I am now approved" (emphasis added).

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The Daily Docket: Energy Future Bankruptcy Hits A Snag

05/02/14

Energy Future Holdings Corp. weathered its debut bankruptcy-court hearing on Thursday, clearing a few essential early motions at a session that made it apparent the energy company faces opposition to its restructuring strategy. Read Peg Brickley’s story in the Daily Bankruptcy Review.

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Genco Paid More Than a Million to Chairman in Year Before Bankruptcy

05/01/14

Dry Bulk shipper Genco Shipping & Trading Ltd. has been hit hard by the shipping industry downturn and had to file for Chapter 11 bankruptcy last month, but in the period leading up to that filing, Chairman Peter Georgiopoulos did OK.

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Two Policy Changes That Could Help Save Community Banks

05/01/14

Confusion over regulatory jurisdiction and burdensome compliance costs are cutting into community banks' profits and forcing them to consolidate. But it doesn't have to be this way.

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The Examiners: Perry Mandarino on the Rural/Metro Ruling

05/01/14

What does the Delaware Chancery Court’s Rural/Metro ruling mean for advisers to distressed companies? Did the court reach the right conclusion?

[more]