Chapter 9

The Daily Docket: Edwin Watts Enters Bankruptcy

11/04/13

Golf retailer Edwin Watts Golf Shops LLC filed for bankruptcy with assets and debts each between $100 million and $500 million, Reuters reports.

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The Daily Docket: Patriot Reaches Financing Deal

11/01/13

Patriot Coal Corp. Thursday said it has reached preliminary deals to secure $576 million in bankruptcy-exit financing. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Farkas Asks Judge to Toss Conviction

10/30/13
Reuters
Lee Farkas in his June 2010 booking photo

Former mortgage executive Lee Farkas is asking a judge to toss his conviction for orchestrating a multi

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The Daily Docket: Comcast, Crane Square Off Over CSN Houston

10/29/13

Lawyers for Comcast Corp. squared off with Houston Astros owner Jim Crane in a Texas bankruptcy court Monday over the fate of their troubled Houston regional sports network, which Comcast is trying to put in Chapter 11 bankruptcy protection. Read the Daily Bankruptcy Review article here.

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The Daily Docket: PwC Asks Judge to Chop FDIC’s Colonial Suit

10/28/13

PricewaterhouseCoopers LLP is asking a federal judge to trim back the Federal Deposit Insurance Corp.’s $1 billion lawsuit that alleges the accounting firm failed to catch the massive fraud that brought down Colonial Bank, in one of the largest bank collapses in U.S. history. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Hedge Funds Cleared to Buy Lehman Claim

10/25/13

A U.S. judge Thursday cleared the way for Paul Singer’s hedge fund Elliott Management and King Street Capital Management LP to buy a multibillion-dollar bankruptcy claim owed to a Lehman Brothers U.K. subsidiary at a discount. Read the Daily Bankruptcy Review article via MoneyBeat.

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The Daily Docket: Lehman Sues Giants for $100M

10/24/13
Associated Press

The remnants of Lehman Brothers Holdings Inc.

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The Daily Docket: Detroit to Make Case for Bankruptcy Eligibility

10/23/13

Detroit’s ready to make a case for its bankruptcy eligibility Wednesday, The Wall Street Journal reports.

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The Daily Docket: Lehman Australia Creditors Approve $48M Settlement

10/22/13

Creditors of Lehman Brothers Holdings Inc.’s Australian unit have approved a $48 million settlement with a group of insurers over claims the investment bank misled a group of towns, charities and churches into buying risky securities backed by U.S. mortgages. Read the Daily Bankruptcy Review article via MoneyBeat.

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