Chapter 9

Union Seeks to Speed Up Detroit Bankruptcy Appeal

12/05/13

: Bill Pugliano/Getty Images; Sharon Levine, lead attorney for the American Federation of State, County, and Municipal Employees (AFSCME), speaks to the media following a hearing.

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The Daily Docket: Lehman Looks to Sell D.E. Shaw Stake

12/05/13

Lehman Brothers Holdings Inc.’s estate wants to sell its 20% stake in hedge fund D.E. Shaw Group, The Wall Street Journal reports.

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The Daily Docket: Lehman Looks to Sell D.E. Shaw Stake

12/05/13

Lehman Brothers Holdings Inc.’s estate wants to sell its 20% stake in hedge fund D.E. Shaw Group, The Wall Street Journal reports.

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The Daily Docket: Detroit Eligible for Chapter 9

12/04/13

A judge ruled that Detroit was eligible for Chapter 9 bankruptcy protection, The Wall Street Journal reports.

Several former Dewey & LeBoeuf LLP partners face lawsuits demanding nearly $10 million, part of a continuing quest to recover the tens of millions of dollars attorneys received before the law firm’s demise. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Toshiba Makes $35M Lead Offer for OCZ

12/03/13

Flash-storage vendor OCZ Technology Group is headed for a Jan. 13 bankruptcy auction, with Toshiba Corp. in the role of lead bidder with an offer of $35 million. Read the DBR Small Cap article here.

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You Can (Literally) Own a Piece of Detroit

12/02/13

: Reuters; A vacant, boarded up house is seen in the once thriving Brush Park neighborhood with the downtown Detroit skyline behind it in Detroit in March 2013.