Chapter 9

The Daily Docket: Mistrial Declared in Trinity Whistleblower Suit

07/21/14

A federal judge Friday declared a mistrial in a whistleblower lawsuit that questions the safety of thousands of highway guardrail end caps on the nation’s roads. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Detroit Bankruptcy Judge Set to Rock ABI Conference

07/18/14
The Indubitable Equivalents play at the House of Blues in Cleveland
Indubitable Euqivalents archives

For a few hours on Saturday night, Judge Steven Rhod

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The Daily Docket: NextEra Pitches Bankruptcy Merger for Energy Future’s Oncor Division

07/18/14

NextEra Energy Inc. is pitching the board of an Energy Future Holdings Corp. division on a takeover plan that it claims would mean higher recoveries for creditors of the Dallas power company, which is tackling some $42 billion in debt in Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Love Culture Enters Bankruptcy

07/17/14

Teen-focused clothing retailer Love Culture Inc. sought Chapter 11 protection Wednesday, citing an overexpansion that left the chain with weakened finances. Read the Daily Bankruptcy Review article here.

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The Daily Docket: LightSquared Reaches Restructuring Plan Deal

07/15/14

Philip Falcone‘s LightSquared has reached a deal on a restructuring plan that has the support of Dish Network Corp. Chairman Charlie Ergen, its top secured lender. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: Harbinger Sues U.S. Government

07/14/14

Philip Falcone‘s Harbinger Capital Partners is suing the federal government for allegedly reneging on an agreement regarding wireless venture LightSquared. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: Energy Future Could Bid up to $87.5M for Optim Plant

07/11/14

A bankruptcy auction is still weeks away, but the price of Optim Energy’s Twin Oaks power plant continues to jump, with Texas giant Energy Future Holdings Corp. signaling it could go as high as $87.5 million for the facility. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Harbinger Sues Dish, Ergen for $1.5B Over LightSquared

07/09/14

Hedge fund Harbinger Capital Partners sued Dish Network Corp. and Chairman Charles Ergen for $1.5 billion for allegedly trying to take away Harbinger’s control of LightSquared, Reuters reports.

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The Daily Docket: Gowex Enters Bankruptcy

07/07/14
People walk past a kiosk with an advertisement for Wi-Fi provider Gowex in Madrid on July 3.
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The Daily Docket: Bankruptcy Judge to Confirm Genco Plan

07/03/14

A bankruptcy judge said on Wednesday that Genco Shipping & Trading Ltd.’s restructuring plan appropriately values the dry-bulk shipper and that he will confirm the plan. Read the Daily Bankruptcy Review article here.

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