News Topic: Chapter 9

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Energy Future Holdings Corp. creditors have taken issue with the company’s proposal to auction its stake in Oncor, with some demanding greater access to the process and others questioning whether the sale is necessary at all. Read the Daily Bankruptcy ... Read full article

NCBJ is in Chicago this year.   The weather is pleasantly cool compared to the continuing Austin heat and the first day of CLE had some interesting programs.   Here is a wrap of Day 1, which included Chapter 9, reorganization for closely held companies, ... Read full article

Apple Inc. won’t be using GT Advanced sapphire in its iPhones. Reuters Apple Inc. ... Read full article

Associated Press Trump Entertainment Resorts lost a bid Friday to pull out immediately from the pension fund for 1,135 unionized employees at the Trump Taj Mahal, a decision that could mean only a brief reprie ... Read full article

The slow-but-sure liquidation of Lehman Brothers Holdings Inc.’s assets continued during the first half of 2014, as the failed investment bank still had more than $4 billion in private equity and real estate assets as of June 30. Read the Daily Bankruptcy ... Read full article

A view of Stockton City Hall Reuters The federal judge overseeing the bankruptcy of Stockton, Calif., ruled that the city has the power to cut its pensio ... Read full article

Getty Images Brookfield Asset Management won the auction for ... Read full article

A bankruptcy judge ruled Monday not to stop Detroit water shutoffs if people can’t pay their water bills, the Associated Press reports . ... Read full article

A seagull flies past the Trump Plaza Hotel and Casino, one of two casinos owned by Trump Entertainment Resorts, in Atlantic City, N.J. Reuters Even as  ... Read full article

The operator of the Indiana Toll Road’s fast-track restructuring is under way, with an October court date to secure approval of its plan to tackle some $6 billion in debt. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

MF Global’s creditors, who have waited nearly three years to get paid, will have to wait a little longer after a bankruptcy judge Monday held off approving its bid to repay them $295 million. Read the Daily Bankruptcy Review article in The Wall Street ... Read full article

The debt-stricken operator of an Indiana Toll Road filed for bankruptcy protection Sunday with a plan to get restructure some $6 billion debt by selling its assets or, alternatively, reorganizing its business. Read the Daily Bankruptcy Review article here ... Read full article

Lehman Brothers Holdings Inc. on Thursday urged a judge to give it a quick victory over Citigroup Inc. in a fight over whether Citi can keep collecting millions in interest on $2 billion Lehman gave it shortly before its collapse. The Wall Street Journal ... Read full article

Reuters/Shannon Stapleton RadioShack Corp. is in talks to shore up ... Read full article

Unsecured creditors of Lehman Brothers Holdings Inc.’s brokerage business will begin receiving their money back Wednesday, nearly six years after Lehman collapsed into bankruptcy and the brokerage was sold. The Wall Street Journal has the Daily Bankruptcy ... Read full article

The Trump Plaza Hotel Casino in Atlantic City, N.J. Associated Press The Atlantic City Boardwalk casinos that bear the name of mogul Donald Trump returne ... Read full article

A bankruptcy judge said he would allow Jon S. Corzine and other former MF Global Holdings Ltd. executives and employees to tap the rest of their insurance money to pay for defense costs, but he is “concerned” with how quickly the money is being ... Read full article