As Lehman Brothers Holdings Inc. prepares to start paying out some $65 billion to its creditors, it’s seeking approval of deals to bring more than $390 million into its coffers. Read the Daily Bankruptcy Review article here.
Jefferson County, Ala., is rallying to protect the settlement it received as a result of its disastrous sewer-debt deal from flowing back to Wall Street.
The owner of several luxury resorts has won permission to place its Doral Golf Resort & Spa on the auction block, with a $150 million bid from Donald Trump’s hotel group leading the way. Read the Daily Bankruptcy Review article here.
Newspaper publisher Lee Enterprises Inc. filed for Chapter 11 bankruptcy protection Monday in a bid to refinance nearly $984 million in debt that’s due to mature in the spring. Read the Daily Bankruptcy Review article here.
Fox Sports faced a skeptical judge Wednesday, when it launched its attack on the Los Angeles Dodgers’ plan to put the team’s future broadcast rights on the bankruptcy auction block. Read the Daily Bankruptcy Review article here.
In the past two years, two of New York state’s six off-track-betting organizations faced challenges to their ability to seek bankruptcy protection with vastly
Newspaper publisher Lee Enterprises Inc. said Friday it’s preparing to file a prepackaged Chapter 11 bankruptcy within the next 10 days as it struggles to refinance its heavy debt load. Read the Daily Bankruptcy Review article here.
