Chapter 9

The Daily Docket: Judge Approves ResCap Deal With FGIC

09/16/13

A federal bankruptcy judge Friday approved Residential Capital LLC ’s $596.5 million mortgage-backed securities settlement with bond insurer Financial Guaranty Insurance Co. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Judge Confirms AMR Plan

09/13/13
Associated Press
American Airlines planes and a US Airways plane at parked at Washington’s Reagan National Airport on Aug.
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The Daily Docket: Potential Bidding War Brews for Furniture Brands

09/12/13

A potential bidding war is brewing for Furniture Brands International Inc., the big furniture manufacturer that filed for Chapter 11 earlier this week with a plan to sell most of its assets to Oaktree Capital Management. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Broke and the Beautiful: A-Rod Edition

09/06/13

This week on The Broke and the Beautiful, Alex Rodriguez’s troubles pushed the producer of a new cartoon into bankruptcy. Also, Warren Sapp’s shoes were finally sold and the former Versace mansion is about to hit the auction block.

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Stockton, Calif., Calls Baseball Team Expenses up to Bat

09/06/13
David Paul Morris/Bloomberg News
A plaque is displayed on the side of a wall at the City Hall building in Stockton Calif., on Feb.
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The Daily Docket: MSD Performances Enters Bankruptcy

09/06/13

MSD Performance Inc., which makes performance auto products for street and racing use, on Thursday filed for Chapter 11 protection. Read the DBR Small Cap article here.

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The Daily Docket: GateHouse to Enter Bankruptcy

09/05/13

Fortress Investment Group LLC’s GateHouse Media Inc., which will be taking over management of the former Dow Jones Local Media Group publications, plans to restructure its $1.2 billion debt load through a prepackaged Chapter 11 bankruptcy filing. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Kodak Likely to Leave Chapter 11 Tuesday

09/03/13

Eastman Kodak Co. is likely to officially leave bankruptcy Tuesday, USA Today reports.

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The Daily Docket: Detroit Leaders Working to Secure Loan

08/30/13

Detroit lawyer Corinne Ball said that city leaders are “working mightily” to secure a loan. Read the Daily Bankruptcy Review article here.

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The Daily Docket: San Bernardino Wins Chapter 9 Eligibility

08/29/13

The city of San Bernardino, Calif., won approval to restructure in Chapter 9 bankruptcy protection, The Wall Street Journal reports.

A bankruptcy judge Wednesday confirmed K-V Pharmaceutical Co.’s Chapter 11 restructuring plan, which is based on a $275 million investment deal with a group of its junior bondholders. Read the Daily Bankruptcy Review article here.

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