Credit Markets

The Daily Docket: Tokio Marine Unit Seeks U.S. Creditor Protection

07/20/11

The European unit of Tokio Marine Holdings Inc., Japan’s biggest nonlife insurer, sought creditor protection in the U.S. to complete the wind-down of its London reinsurance business. Read the Daily Bankruptcy Review story here.

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The Daily Docket: Corus Bankshares Rises From the Ashes

07/07/11

After its liquidation proposal was rejected, Corus Bankshares Inc., an Illinois holding company that had its primary asset–its bank–stripped from it nearly two years ago, reversed course and is poised to pitch creditors on a plan to emerge from bankruptcy. Read the Daily Bankruptcy Review story here.

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The Daily Docket: MLB Takes Aim at Dodgers’ Owner

07/06/11

On the heels of the Los Angeles Dodgers’ demanding testimony from Major League Baseball Commissioner Bud Selig and several other executives, the league’s attorneys would like a word with team owner Frank McCourt. Read the Daily Bankruptcy Review story here.

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The Daily Docket: Aurelius Balks at Washington Mutual Probe

06/21/11

Aurelius Capital Management, one of the big hedge funds accused of benefiting from insider trading in the bankruptcy case of Washington Mutual Inc., says it’s the victim of a “shakedown” by the committee representing aggrieved investors. Read the Daily Bankruptcy Review story here.

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The Daily Docket: Station Casinos Exits Bankruptcy

06/20/11

Las Vegas casino operator Station Casinos LLC on Friday emerged from Chapter 11 bankruptcy protection controlled by the company’s founding Fertitta family, ending a nearly two-year restructuring odyssey. Read the Daily Bankruptcy Review story here.

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