Chapter 9

The Daily Docket: Journal Register Enters Bankruptcy

09/06/12

Journal Register Co., the publisher behind local newspapers such as the New Haven Register, is back in bankruptcy protection, three years after emerging from a previous Chapter 11 stint. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Contec Plans Quick Trip Through Bankruptcy

09/04/12

Bain Capital Partners’ Contec Holdings Ltd. plans a speedy trip through bankruptcy with a debt-for-equity swap that will displace the private-equity firm and leave banks in charge, attorneys said at a court hearing Friday. Read the Daily Bankruptcy Review article here.

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The Daily Docket: American Airlines Pilots Appeal Labor Ruling

08/31/12
Associated Press
American Airlines grounds crew service and arriving flight at JFK International Airport in New York.

In an unusual move, American Airlines pi

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The Daily Docket: Judge Urges Hostess Union to Approve Contract

08/29/12
Agence France-Presse/Getty Images

A bankruptcy judge urged union members to vote in favor of the final contract offered up by Hostess Brands Inc., a proposal both sides acknowledge represents the last hope for s

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The Daily Docket: Hostess CEO Threatens Liquidation

08/24/12
Agence France-Presse/Getty Images

The chief executive of Hostess Brands Inc.

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The Daily Docket: AMR Can Buy Boeing Planes

08/23/12
Associated Press
An American Airlines fleet clerk unloads a baggage can.

A judge on Wednesday said American Airlines parent AMR Corp.

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The Daily Docket: Singapore Fund Makes Offer for Paulson Resort

08/21/12

Singapore’s real-estate investment arm is offering to buy four U.S. luxury resorts from hedge fund Paulson & Co. for $1.5 billion, subject to higher bids at a bankruptcy auction. Read the Daily Bankruptcy Review article here.

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Game On in Stockton, CA Chapter 9 Case - Bond Insurer Sets Focus on Calpers

08/15/12

The Olympics may be over, but a potential clash of titans is gearing up in the Chapter 9 bankruptcy case of Stockton, California. Municipal bond insurer National Public Finance Guarantee Corporation (“National”) has challenged Stockton’s eligibility to be a debtor under Chapter 9 of the Bankruptcy Code, and is focusing expressly on the city’s alleged failure to seek concessions of its pension l

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The Daily Docket: Elpida Files Exit Plan

08/14/12

Elpida Memory Inc. bondholders have filed a bankruptcy-exit plan that values the company at $3.85 billion, well over the price rival Micron Technology Inc. has offered to pay for the distressed chip maker. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Tribune Says Appeal Could Cost $1.5B

08/10/12

Tribune Co. has put a price tag on the damage that it says would be caused if its exit from Chapter 11 is delayed while unhappy creditors appeal its bankruptcy-exit plan: at least $1.5 billion and perhaps as much as $3 billion. Read the Daily Bankruptcy Review article here.

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