News Topic: Chapter 9

As Detroit nears a crucial point in its restructuring, what lessons does the city’s historic bankruptcy offer troubled municipalities ? ... Read full article

As Detroit nears a crucial point in its restructuring, what lessons does the city’s historic bankruptcy offer troubled municipalities ? ... Read full article

As Detroit nears a crucial point in its restructuring, what lessons does the city’s historic bankruptcy offer troubled municipalities ? ... Read full article

As Detroit nears a crucial point in its restructuring, what lessons does the city’s historic bankruptcy offer troubled municipalities ? ... Read full article

Settlement talks may be in the works as the long-running trial over Nortel Networks Corp.'s billions winds to a close. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Revel resort and casino, which at 47 stories is the tallest building in Atlantic City, N.J., filed for Chapter 11 protection Thursday. Associated Press At ... Read full article

Children’s product designer and distributor Kid Brands Inc. filed for Chapter 11 bankruptcy Wednesday after several companies terminated licensing agreements and suppliers refused to ship goods. Read the Daily Bankruptcy Review article here . ... Read full article

The trust in charge of overseeing Residential Capital LLC’s liquidation is trying to make the former mortgage servicer’s expensive bankruptcy case a little cheaper. Read the Daily Bankruptcy Review article here . ... Read full article

LightSquared burned through $59.1 million in May, bringing its total losses to $1.41 billion since Phil Falcone ’s wireless venture filed for bankruptcy in May 2012. Read the Daily Bankruptcy Review article here . ... Read full article

Momentive Performance Materials Inc. will likely revise its restructuring plan outline after a federal bankruptcy watchdog called it “woefully inadequate.” Read the Daily Bankruptcy Review article here . ... Read full article

Time & Life Pictures/Getty Image The U.S. Supreme Court ruled that certain money inherited from individual retirement accounts can be taken by creditors to cover the debts of people in bankruptcy proceedings. ... Read full article

The bankruptcy trustee unwinding defunct law firm Dewey & LeBoeuf LLP has brought new allegations against two former Dewey executives in a suit seeking the return of more than $21.8 million the two allegedly were paid as the law firm “fell deeper and ... Read full article

Energy Future Holdings Corp. on Friday won court approval of a $5.4 billion bankruptcy loan after revisions calmed objections over the deal. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Energy Future Holdings Corp. launched a crucial hearing on financing its $42 billion bankruptcy by announcing it had reached an accord with some key critics and by winning final approval of a $4.475 billion loan. The Wall Street Journal has the Daily ... Read full article

General Motors Chief Executive Mary Barra spoke Thursday to provide an update on GM’s internal investigation into the ignition switch recall at the General Motors ... Read full article

Konrad Fiedler/Bloomberg News Chinese investment firm Sailing Capital and Chinese conglomerate Sanpower teamed up to buy Brookstone Holdings Corp. ... Read full article

Energy Future Holdings Corp.’s proposal to get out from under a claimed $1.3 billion premium payment to bondholders has two bond trustees crying foul. Read the Daily Bankruptcy Review article here . ... Read full article

A Coldwater Creek store in downtown Seattle. Associated Press/Elaine Thompson Creditors are keeping a tight rein on spending in the Coldwater Creek Inc. ... Read full article