Chapter 9

The Daily Docket: Pinnacle Says Shareholders Jeopardized Restructuring

08/08/12

Pinnacle Airlines Corp. is accusing hedge fund and shareholder Meson Capital Partners LP of putting its reorganization at risk in order to squeeze value out of shares that are expected to be worthless. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: Santa Ysabel Seeks Bankruptcy Harbor

08/07/12

Santa Ysabel Resort and Casino—too broke to build its resort and too small to lure many gamblers to its casino on a reservation outside San Diego—is about to test the notion that Native American enterprises aren’t eligible for protection under U.S. bankruptcy law. Read the Daily Banrkuptcy Review Small Cap article via The Wall Street Journal.

[more]

The Daily Docket: Solyndra Debuts Exit Plan

07/31/12

Failed solar power equipment maker Solyndra LLC has sketched out its Chapter 11 plan and, as expected, there’s bad news for U.S. taxpayers: Estimates are $24 million of a $527 million government loan will be repaid, and that’s not a sure thing. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: US Airways CEO Skeptical of AMR Merger Exploration

07/26/12

The head of US Airways Group Inc. on Wednesday expressed reservations about the strategic review being conducted by AMR Corp. and said he could go directly to its rival’s creditors in a bid to cement a merger. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: Investors Appeal Tribune Plan

07/25/12

Investors that wound up at the bottom of the payment pileup in Tribune Co.’s bankruptcy raced to appeal a Monday order confirming the media company’s Chapter 11 plan. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: Judge Endorses Tribune Plan

07/24/12

A bankruptcy judge Monday officially signed off on Tribune Co .’s Chapter 11 plan, endorsing final documents setting out the debt-for-equity swap that will make the media company property of hedge funds and banks. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: J.P. Morgan Blames Lehman Management for Demise

07/23/12
Reuters

J.P. Morgan Chase & Co. said senior management of Lehman Brothers Holdings Inc.

[more]

The Daily Docket: US Airway CEO Warns Against AMR Merger Delay

07/19/12
Getty Images
U.S. Airways Chief Executive Doug Parker speaks about a merger with AMR Corp.
[more]

The Daily Docket: Deutsche Bank Settles Lehman Derivatives Suit

07/18/12
Nicholas Roberts/AFP/Getty Images

Deutsche Bank AG has agreed to settle a long-running lawsuit with Lehman Brothers Holdings Inc.

[more]

The Daily Docket: Appeals Court to Review Jefferson County Sewer Ruling

07/17/12

An appellate panel has agreed to hear pleas from Wall Street banks who want power restored to John Young, the sewer expert who took over Jefferson County, Ala.’s, system when its leaders got tangled in a corruption scandal but who was ousted earlier this year by the county’s bankruptcy judge. Read the Daily Bankruptcy Review article here.

[more]