News Topic: Chapter 9

Melanie Cohen Stockton, Calif., residents who are trying to prevent their animal shelter from prematurely euthanizing abandoned cats and dogs have made it past a key legal hurdle: the city’s bankruptcy case. ... Read full article

The city of Detroit presented creditors with a debt-cutting plan, The Wall Street Journal reports . ... Read full article

U.K. yellow-pages company Hibu PLC on Tuesday put six U.S. subsidiaries into Chapter 15 bankruptcy protection in the U.S. as the company tries to restructure overseas. Read the Daily Bankruptcy Review article here . ... Read full article

U.K. yellow-pages company Hibu PLC on Tuesday put six U.S. subsidiaries into Chapter 15 bankruptcy protection in the U.S. as the company tries to restructure overseas. Read the Daily Bankruptcy Review article here . ... Read full article

The trustee winding down Lehman Brothers Holdings Inc.’s brokerage business has reached an agreement with Lehman Brothers Japan Inc. and several other of its Japanese subsidiaries that settles hundreds of millions of dollars in claims. Read the Daily ... Read full article

The trustee winding down Lehman Brothers Holdings Inc.’s brokerage business has reached an agreement with Lehman Brothers Japan Inc. and several other of its Japanese subsidiaries that settles hundreds of millions of dollars in claims. Read the Daily ... Read full article

The team winding down the remnants of Lehman Brothers Holdings Inc. has reached a far-ranging settlement resolving Fannie Mae’s $18.9 billion claim stemming from mortgage loans and mortgage-backed securities the failed investment bank sold to Fannie Mae ... Read full article

The team winding down the remnants of Lehman Brothers Holdings Inc. has reached a far-ranging settlement resolving Fannie Mae’s $18.9 billion claim stemming from mortgage loans and mortgage-backed securities the failed investment bank sold to Fannie Mae ... Read full article

A Fortress Investment Group LLC affiliate won the bidding at Tuesday’s auction of the Montreal, Maine & Atlantic Railway Ltd., which was involved in a deadly crash this past summer. Read the Daily Bankruptcy Review article via The Wall Street Journal ... Read full article

A Fortress Investment Group LLC affiliate won the bidding at Tuesday’s auction of the Montreal, Maine & Atlantic Railway Ltd., which was involved in a deadly crash this past summer. Read the Daily Bankruptcy Review article via The Wall Street Journal ... Read full article

European Pressphoto Agency A view of an empty house with the GM building in downtown Detroit in the background The ... Read full article

European Pressphoto Agency A view of an empty house with the GM building in downtown Detroit in the background The ... Read full article

Hedge-fund manager Philip Falcone, whose Harbinger Capital Partners holds a majority stake in LightSquared, testified Thursday that he didn’t know Dish Network Corp. Chairman Charles Ergen was behind a series of LightSquared debt purchases that are at the ... Read full article

Hedge-fund manager Stephen Ketchum on Wednesday said he couldn’t recall if Dish Network Corp. Chairman Charlie Ergen wanted to acquire a powerful “blocking” position in LightSquared ’s debt even though evidence presented to him suggested he knew that Mr. ... Read full article

Hedge-fund manager Philip Falcone, whose Harbinger Capital Partners holds a majority stake in LightSquared, testified Thursday that he didn’t know Dish Network Corp. Chairman Charles Ergen was behind a series of LightSquared debt purchases that are at the ... Read full article

Hedge-fund manager Stephen Ketchum on Wednesday said he couldn’t recall if Dish Network Corp. Chairman Charlie Ergen wanted to acquire a powerful “blocking” position in LightSquared ’s debt even though evidence presented to him suggested he knew that Mr. ... Read full article

Edgenet Inc. filed for Chapter 11 bankruptcy protection Tuesday in an effort to safeguard the planned sale of the company during a fight among creditors, who are battling over how to split up the proceeds. Read the Daily Bankruptcy Review article here . ... Read full article

Edgenet Inc. filed for Chapter 11 bankruptcy protection Tuesday in an effort to safeguard the planned sale of the company during a fight among creditors, who are battling over how to split up the proceeds. Read the Daily Bankruptcy Review article here . ... Read full article