The Daily Docket: Citi Fights Lehman Payout
Getty Images Citigroup Inc. ... Read full article
Getty Images Citigroup Inc. ... Read full article
Furniture Brands International Inc.’s board of directors has switched course, replacing Oaktree Capital Management with New York’s KPS Capital Partners LP as the lead bidder at an upcoming bankruptcy auction. Read the Daily Bankruptcy Review article here ... Read full article
Susan Walsh/Associated Press In this Tuesday, Dec. 13, 2011, file photo, former MF Global Holdings Ltd. ... Read full article
A potential bidding war is brewing for Furniture Brands International Inc., the big furniture manufacturer that filed for Chapter 11 earlier this week with a plan to sell most of its assets to Oaktree Capital Management. Read the Daily Bankruptcy Review ... Read full article
Yuri Gripas/Reuters Sen. ... Read full article
A federal judge dismissed Bank of America Corp.’s $1.7 billion lawsuit against the Federal Deposit Insurance Corp., a win for the regulator in the long-running battle over who is ultimately on the hook for losses tied to the multibillion-dollar fraud at ... Read full article
EPA The appointment of a fee examiner to monitor legal bills in ... Read full article
Lawyers for Dish Network Corp. Chairman Charlie Ergen and Phil Falcone squared off in front of LightSquared’s bankruptcy judge Thursday, for the first time since Mr. Falcone sued Mr. Ergen over allegedly improper purchases of LightSquared’s debt. Read ... Read full article
Phil Falcone’s Harbinger Capital Partners LLC sued Dish Network Corp.Chairman Charlie Ergen for fraud, accusing him of secretly acquiring the debt of LightSquared Inc. in order to take control of the telecommunications firm and its wireless spectrum ... Read full article
Pfizer Inc. is on track to shake billions of dollars’ worth of asbestos liabilities, as its long-defunct subsidiary Quigley Co. seeks federal court approval of a Chapter 11 plan already confirmed by a bankruptcy judge in New York. Read the Daily ... Read full article
Orchard Supply Hardware Stores filed for Chapter 11 bankruptcy protection Monday with plans to sell itself to Lowe’s Cos., subject to higher bids at auction. Click here for the Daily Bankruptcy Review article. ... Read full article
Bondholders are circling Exide Technologies Inc. looking for leverage in a Chapter 11 bankruptcy case that is shaping into a fast-moving revamp of the global battery business. Read the Daily Bankruptcy Review article here . ... Read full article
Secured lenders led by Credit Suisse AG have been declared winners of an auction for the oil and gas drilling assets of ATP Oil & Gas Corp. with an offer of $690.8 million, court papers say. ... Read full article
Bloomberg News Wilbur Ross speaks at the Bloomberg Global Markets Summit in New York on Jan. ... Read full article
Powerwave Technologies Inc. may have to lay off hundreds of employees at its factories in Thailand, India and in Europe after a lender wouldn’t allow the struggling wireless-equipment maker to spend money on its overseas manufacturing plants, according to ... Read full article
Barclays Capital’s job advising Asarco LLC during its restructuring may have ended three years ago when the copper miner exited Chapter 11, but the investment banker can’t drive off into the sunset just yet. ... Read full article
Associated Press Hostess Brands Inc. announced Wednesday that it would move to liquidate its iconic baking business if striking union members didn’t return to work by Thursday evening. ... Read full article
Overseas Shipholding Group Inc. filed for Chapter 11 bankruptcy protection as the tanker company looks to significantly reduce its debt burden. Read the article in Daily Bankruptcy Review. ... Read full article
A judge cleared Central Falls, R.I., to emerge from Chapter 9 protection with a plan that would forgive some of its debts and finalize cuts to its retirees’ pension plans. Read the DBR Small Cap article here . ... Read full article
Associated Press Cries of “fraud” from a few unhappy Washington Mutual Inc. ... Read full article