International

Yahoo Fights Irish Bank’s Demand for Emails

04/27/16

A fight has erupted in a Delaware bankruptcy court pitting Internet company Yahoo Inc. against officials winding down a failed Irish bank.

On one side are officials overseeing the bankruptcy of the Irish Bank Resolution Corp., a state-backed bank liquidating the remnants of Anglo Irish Bank. The officials want access to an email account created by a man named Abdullah Rasimov that may provide clues to how a former billionaire businessman allegedly stashed assets beyond their reach.

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Next Week in Bankruptcy

03/18/16

On Monday in Santa Ana, Calif., the publisher of the Orange County Register will ask a bankruptcy judge to approve its sale to Tribune Publishing Co. for $56 million in cash.

Tribune has been a mainstay in Freedom Communications Inc.’s bankruptcy from the early days of the proceeding, but a new civil antitrust lawsuit from the Justice Department could block the sale.

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Millennium Health Back on Track to Leave Bankruptcy

12/21/15

A bankruptcy judge paved the way for drug-testing company Millennium Health LLC to leave chapter 11 after lifting a stay of an order confirming Millennium’s bankruptcy plan. Read the Daily Bankruptcy Review article here.

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Albertsons Buys Back Grocery Stores After Antitrust Misfire

11/25/15
Connie Jodice cleans a section where pre-made foods will go, next to the wet rack, containing fresh produce, inside a Haggen grocery store, formerly an Albertsons, located in Palmdale, on March 23, 2015.
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Walter Energy Heads to Auction With $1.25 Billion Bid

11/06/15

Coal producer Walter Energy, Inc. is headed to a January bankruptcy auction with an offer from senior lenders to cancel or take on $1.25 billion of the company’s debts to set a floor price for the competition, Read the Daily Bankruptcy Review story in The Wall Street Journal.

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Colt Could Be Nearing the End of Bankruptcy

10/13/15

Colt Defense LLC is looking for approval of a deal that would let it access $50 million once it leaves bankruptcy, Daily Bankruptcy Review reports.

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RadioShack Bankruptcy Plan Approved

10/01/15

RadioShack Corp., the fallen electronics retailer that had $1 billion in debt when it filed for bankruptcy in February, won approval of a chapter 11 plan that will distribute liquidation proceeds to creditors. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Daiichi Enters Bankruptcy in Tokyo, New York

09/30/15

Daiichi Chuo Kisen Kaisha plans to restructure $1.5 billion in a bankruptcy it filed in both New York and Tokyo and is the second bulk shipper to seek bankruptcy this month.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Patriot Mine Workers Challenge Company Over Contract

08/06/15

The union representing mineworkers at Patriot Coal Corp. is challenging the company’s effort to reject a contract. Read the Daily Bankruptcy Review article here.

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Coal Miner Alpha Natural Resources Files For Bankruptcy

08/03/15

Alpha Natural Resources Inc., one of the largest U.S. coal producers, filed for chapter 11 bankruptcy protection on Monday to cut its more than $3 billion debt load, The Wall Street Journal reported. The Bristol, Va., company will likely sell some of its best mines or turn them over to creditors.

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