Bankruptcy Blogs

In bankruptcy, some words don’t have their ordinary meanings. “Surrender” is one of these words. Many people who file bankruptcy surrender real estate or their car. They think that once they tell the Court, the Trustee and the creditor that the item is being surrendered they’re done with it. They’re not.

Join us Tuesday, February 11, at 10:45 a.m. to hear The Wall Street Journal’s Stephanie Gleason moderate a “year ahead in bankruptcy” discussion with bankruptcy and restructuring experts Steve Zelin of The Blackstone Group and Lisa Donahue of AlixPartners LLP.

Plastipak Packaging Inc. of Michigan outbid Australia’s Amcor Ltd. at a bankruptcy auction for substantially all of the assets of Constar International Holdings LLC, a Philadelphia-based maker of plastic bottles, court papers say. Read the Daily Bankruptcy Review article via The Wall Street Journal.

The U.S. Postal Service offering financial services to the underserved would be a great idea. If the U.S. Postal Service weren't, you know, the U.S. Postal Service.