Chapter 9

Detroit Retirees Tap Dentons

08/28/13
Rebecca Cook/Reuters
A group of AFSCME union city of Detroit worker retirees protest against any cuts in their pensions outside the city county building in downtown Detroit in
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The Daily Docket: Judge Tosses BofA Suit Against FDIC

08/28/13

A federal judge dismissed Bank of America Corp.’s $1.7 billion lawsuit against the Federal Deposit Insurance Corp., a win for the regulator in the long-running battle over who is ultimately on the hook for losses tied to the multibillion-dollar fraud at disgraced lender Taylor Bean & Whitaker Mortgage Corp. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Overseas Shipholding May Owe IRS $460M

08/27/13

Overseas Shipholding Group Inc. Monday said it may owe $460 million or more to the Internal Revenue Service, a finding that is likely to upset its Chapter 11 bankruptcy case. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Sues SAP Founder

08/26/13

Lehman Brothers Holdings Inc. is suing two entities controlled by German entrepreneur Klaus Tschira in a bid to recover 100 million euros Lehman says was transferred to one of his investment vehicles one business day before Lehman’s 2008 bankruptcy filing. Read the Daily Bankruptcy Review article here.

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The Daily Docket: National Envelope Seeks Sale Approval

08/23/13

National Envelope is seeking bankruptcy-court approval to sell its business to rival Cenveo Inc. for $25 million, while other buyers are stepping in to grab the envelope maker’s leftover assets. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Appellate Panel Sides With Patriot in Benefits Fight

08/22/13
Associated Press
UMWA International President Cecil Roberts (left) holds had with supporters.
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The Daily Docket: Kodak Exit Plan Approved

08/21/13
Jim Rydbom/Associated Press
Kodak Colorado Division Building C-29

Eastman Kodak Co. was cleared Tuesday to emerge from bankruptcy court, putting a bookend on an American ric

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The Daily Docket: Furniture Brands Taps Restructuring Advisers

08/20/13

Furniture Brands International Inc., one of the nation’s largest home furniture makers, has tapped restructuring lawyers and advisers to deal with its debt load, people familiar with the matter said. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Kodak Creditors Favor Bankruptcy Plan

08/19/13
Jim Rydbom/Associated Press
Kodak Colorado Division Building C-29

Eastman Kodak Co.

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The Daily Docket: AMR Judge Delays Exit-Plan Decision

08/16/13

A judge declined to approve AMR Corp.’s plan to exit bankruptcy through a merger with US Airways Group Inc., citing the Justice Department’s antitrust lawsuit against the deal. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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