Daily Docket

Downey Trustee Reaches Settlement With FDIC

06/19/15

The bankruptcy trustee winding down the parent of Downey Savings & Loan has reached a settlement with the Federal Deposit Insurance Corp., closing the books on a legal fight over the rights to more than $444 million in tax refunds and other assets. Read the Daily Bankruptcy Review article here.

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RadioShack Wins Approval of Real Estate Sales

06/18/15
Shawn Thew/European Pressphoto Agency

The former RadioShack won court approval of the last major transactions of its bankruptcy case: more than $50 million worth of real estate in Texas, California and Marylan

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Showdown Looms in Colt Defense Bankruptcy

06/17/15
A Colt 9mm pistol sits on display in the Colt’s Manufacturing Co.
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Colt Looks Toward August Auction

06/16/15
This image provided by RMK Services shows a Colt .45 SAA revolver that belonged to Robert LeRoy Parker, better known as Butch Cassidy.
Associated Press

Col

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Colt Pulls the Trigger on Bankruptcy Filing

06/15/15

Colt Defense LLC filed for chapter 11 bankruptcy protection Sunday night, warning its business is in a fragile state and it needs a quick sale to survive, The Wall Street Journal reports.

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NII Holdings Adviser Says No Litigation Estimate Made

06/12/15

A NII Holdings Inc. financial adviser said creditors received no specific estimates on the potential cost of litigation of certain disputed claims, a key sticking point in the Latin American Nextel carrier’s bid to have its restructuring plan approved. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Lehman Claims Are in the Billions

06/11/15

Lehman Brothers Holdings Inc. is winding down is business, but its bankruptcy case remains a massive undertaking. And it has the numbers to prove it. Read the Daily Bankruptcy Review article here.

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Boomerang Tube Enters Bankruptcy, Plans to Hand Control to Lenders

06/10/15

Boomerang Tube LLC, a maker of pipes and tubing for oil and natural gas companies, filed Tuesday for bankruptcy protection with a plan to hand control of the company to its lenders. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Health Diagnostic Laboratory Enters Chapter 11

06/09/15
The exterior of the Health Diagnostic Labratory, Inc.
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Lehman Brothers to Pay Barclays to End Legal Battle

06/08/15

The long-running legal battle between Lehman Brothers Inc. and Barclays PLC , which bought Lehman’s brokerage business days after the investment bank collapsed, has ended. The Wall Street Journal has the Daily Bankruptcy Review article here.

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