On Tuesday in Manhattan, the trustee unwinding Lehman Brothers Inc. will ask a bankruptcy judge for permission to pay nearly $2 billion to the defunct brokerage’s unsecured creditors, which would be the third such distribution since he paid off the ... Read full article
Mel Evans/Associated Press The A&P grocery chain is preparing to close about two dozen money-losing stores while searching for buyers to rescue its other locations throughout the Northeast. ... Read full article
Baha Mar Ltd., the bankrupt developer of a $3.5 billion unopened resort in the Bahamas, will go before two courts Monday—one in the U.S. and one in the Bahamas. The Supreme Court of the Bahamas will consider whether to recognize the company’s U.S. ... Read full article
Caesars Entertainment Corp.’s Caesars Palace hotel and casino in Las Vegas. Jacob Kepler/Bloomberg News Monday in Chicago, Caesars Entertainment Operatin ... Read full article
On Monday in Manhattan, U.S. Bankruptcy Court Judge Shelley Chapman will be asked to approve a $1.28 billion settlement between Lehman Brothers Inc. and Barclays PLC , which bought Lehman’s brokerage business days after the investment bank’s 2008 ... Read full article
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 A w ... Read full article
Investors face a deadline of next Friday to bid on Houston-based Dune Energy Inc. ’s oil-drilling operations. Lawyers are preparing for a June 30 auction to sell the company, which oversees more than a dozen drilling sites that sit atop an estimated 93.1 ... Read full article
Next week in New York, NII Holdings Inc. will continue pressing the case that its restructuring plan should be approved. ... Read full article
On Wednesday, biofuel maker KiOR Inc. will go before a Wilmington, Del., bankruptcy judge to seek final approval of its chapter 11 reorganization plan. Under the proposed plan, KiOR will turn over control of its business to lender Pasadena Investments ... Read full article
Supplement company Natrol Inc. heads to bankruptcy court Wednesday in Wilmington, Del., to see if it can sway a judge to sign off on a creditor-payment plan that’s being held up by a disputed settlement. ... Read full article
Victor J. ... Read full article
Texas electricity giant Energy Future Holdings Corp. goes to court Monday to set a schedule for consideration of its chapter 11 exit plan and related proceedings, including for its 80% stake in its prized asset, Oncor. ... Read full article
