News Topic: Chapter 9

Associated Press After winning crucial labor relief, Hostess Brands Inc. filed its plan to pay creditors and emerge from Chapter 11 protection. ... Read full article

A majority of American Eagle pilots have voted in favor of a new labor agreement between their union and AMR Corp., the regional airline’s parent. Read the Daily Bankruptcy Review article here . ... Read full article

Bakers Footwear Group Inc. has filed for bankruptcy protection, The Wall Street Journal reports . ... Read full article

Ally Financial Inc. is worried that the proposed sale of Residential Capital LLC’s mortgage-servicing platform might hamstring ResCap’s promise to abide by the terms of a landmark national mortgage settlement. Read the Daily Bankruptcy Review article here ... Read full article

Associated Press Hostess Brands Inc. Tuesday launched its courtroom campaign to impose new labor deals on a group of unions that represent a small slice of the Twinkie maker’s workforce. ... Read full article

Academics say Chapter 14, which would address failing financial institutions, could co-exist with Dodd-Frank. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press A judge on Wednesday approved new collective-bargaining agreements between American Airlines’ parent and the unions representing its flight attendants and mechanics, an important but penultima ... Read full article

Digital Domain Media Group Inc . said it filed for Chapter 11 bankruptcy and agreed to sell its core business to private investment firm Searchlight Capital Partners LP for $15 million. Click here to read the article in DBR Small Cap. ... Read full article

A judge cleared Central Falls, R.I., to emerge from Chapter 9 protection with a plan that would forgive some of its debts and finalize cuts to its retirees’ pension plans. Read the DBR Small Cap article  here . ... Read full article

Journal Register Co., the publisher behind local newspapers such as the New Haven Register, is back in bankruptcy protection, three years after emerging from a previous Chapter 11 stint. Read the Daily Bankruptcy Review article via The Wall Street Journal ... Read full article

Bain Capital Partners’ Contec Holdings Ltd. plans a speedy trip through bankruptcy with a debt-for-equity swap that will displace the private-equity firm and leave banks in charge, attorneys said at a court hearing Friday. Read the Daily Bankruptcy Review ... Read full article

Associated Press American Airlines grounds crew service and arriving flight at JFK International Airport in New York. In an unusual move, American Airlines pi ... Read full article

Agence France-Presse/Getty Images A bankruptcy judge urged union members to vote in favor of the final contract offered up by Hostess Brands Inc., a proposal both sides acknowledge represents the last hope for s ... Read full article

Agence France-Presse/Getty Images The chief executive of Hostess Brands Inc. ... Read full article

Associated Press An American Airlines fleet clerk unloads a baggage can. A judge on Wednesday said American Airlines parent AMR Corp. ... Read full article

Singapore’s real-estate investment arm is offering to buy four U.S. luxury resorts from hedge fund Paulson & Co. for $1.5 billion, subject to higher bids at a bankruptcy auction. Read the Daily Bankruptcy Review article here . ... Read full article

The Olympics may be over, but a potential clash of titans is gearing up in the Chapter 9 bankruptcy case of Stockton, California . Municipal bond insurer National Public Finance Guarantee Corporation (“National”) has challenged Stockton’s eligibility to ... Read full article

Elpida Memory Inc. bondholders have filed a bankruptcy-exit plan that values the company at $3.85 billion, well over the price rival Micron Technology Inc. has offered to pay for the distressed chip maker. Read the Daily Bankruptcy Review article here . ... Read full article