News Topic: Chapter 9

Santa Ysabel Resort and Casino—too broke to build its resort and too small to lure many gamblers to its casino on a reservation outside San Diego—is about to test the notion that Native American enterprises aren’t eligible for protection under U.S. ... Read full article

Failed solar power equipment maker Solyndra LLC has sketched out its Chapter 11 plan and, as expected, there’s bad news for U.S. taxpayers: Estimates are $24 million of a $527 million government loan will be repaid, and that’s not a sure thing. Read the ... Read full article

The head of US Airways Group Inc. on Wednesday expressed reservations about the strategic review being conducted by AMR Corp. and said he could go directly to its rival’s creditors in a bid to cement a merger. Read the Daily Bankruptcy Review article here ... Read full article

Investors that wound up at the bottom of the payment pileup in Tribune Co.’s bankruptcy raced to appeal a Monday order confirming the media company’s Chapter 11 plan. Read the Daily Bankruptcy Review article here . ... Read full article

A bankruptcy judge Monday officially signed off on Tribune Co .’s Chapter 11 plan, endorsing final documents setting out the debt-for-equity swap that will make the media company property of hedge funds and banks. Read the Daily Bankruptcy Review article ... Read full article

Reuters J.P. Morgan Chase & Co. said senior management of Lehman Brothers Holdings Inc. ... Read full article

Getty Images U.S. Airways Chief Executive Doug Parker speaks about a merger with AMR Corp. ... Read full article

Nicholas Roberts/AFP/Getty Images Deutsche Bank AG has agreed to settle a long-running lawsuit with Lehman Brothers Holdings Inc. ... Read full article

An appellate panel has agreed to hear pleas from Wall Street banks who want power restored to John Young, the sewer expert who took over Jefferson County, Ala.’s, system when its leaders got tangled in a corruption scandal but who was ousted earlier this ... Read full article

Tribune Co. won court approval of its Chapter 11 plan after a long and contentious bankruptcy proceeding, clearing the way to action before the Federal Communications Commission that will be anything but easy for the publishing and broadcasting operation. ... Read full article

Peregrine Financial Group Inc. filed for Chapter 7 bankruptcy late Tuesday, a day after regulators alleged the brokerage misstated more than $200 million in customer accounts. Read the Daily Bankruptcy Review article here . ... Read full article

The former leaders of failed IndyMac Bancorp, including ex-Chief Executive Michael Perry, have agreed to settle a class-action securities lawsuit stemming from the bank-holding company’s collapse four years ago. Read the Daily Bankruptcy Review article ... Read full article

Mammoth Lakes, Calif., on Tuesday filed for Chapter 9, or municipal bankruptcy, less than a week after nearby Stockton, Calif., sought the same protection. Read the Daily Bankruptcy Review article here . ... Read full article

Abound Solar Inc., the recipient of a federal loan guarantee from the U.S. Department of Energy, filed for Chapter 7 bankruptcy liquidation Monday. Read the Daily Bankruptcy Review article here . ... Read full article

Lehman Brothers Holdings Inc. said Friday it has sold its Aurora Bank FSB subsidiary, a move that should help funnel some $1.5 billion into the pockets of Lehman’s creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Meredith Whitney, one of the first financial analysts to foresee the collapse of the housing market, famously predicted in December 2010 that a wave of municipal bond defaults was on the way . The wave, however, has yet to materialize, and the bankruptcy ... Read full article

By Alan Martin and Matthew Holbrook ... Read full article

The city of Stockton, Calif., filed for Chapter 9 protection, The Wall Street Journal reports . MF Global is proving to be catnip for distressed-debt buyers, according to a new report showing that more than $246 million of the failed brokerage’s debt ... Read full article