Goldman Sachs Group Inc. beat out Fortress Investment Group LLC for the right to lend Arcapita Bank up to $350 million that would ease the Bahraini investment firm out of Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article
Wayne Parry/Associated Press Revel AC Inc., which saw its high-end Atlantic City, N.J., resort and casino falter nearly as soon as it opened its doors, won approval to exit bankruptcy with a fraction of the de ... Read full article
Residential Capital LLC is suing a group of junior bondholders to block them from wresting control of the subprime mortgage lender’s bankruptcy case. Read the Daily Bankruptcy Review article here . ... Read full article
European Pressphoto Agency Lehman Brothers Holdings Inc. ... Read full article
Eastman Kodak Co. reached a deal to hand over its “personalized imaging” and “document imaging” businesses to U.K. retirees, The Wall Street Journal reports . ... Read full article
New York-based KIT digital Inc., which helps get video content to stream over the Web, filed for Chapter 11 bankruptcy protection on Thursday to get rid of some of the underperforming businesses it purchased during a $320 million buying binge. Read the ... Read full article
Waste processor Synagro Technologies Inc. filed for Chapter 11 bankruptcy protection Wednesday with an offer in hand to be acquired by an affiliate of Swedish private-equity firm EQT. Read the Daily Bankruptcy Review article here . ... Read full article
The remains of two long-dormant manufacturing companies—Yarway Corp. and Saberhagen Holdings Inc.—were resurrected in bankruptcy court to deal with thousands of asbestos lawsuits. Read the DBR Small Cap article here . ... Read full article
Getty Images Jon Corzine Published Credit: Getty Images The trustee overseeing ... Read full article
Agence France-Presse/Getty Images Liquidators of the Swiss derivatives unit of Lehman Brothers Holdings Inc. said a recent settlement may double recoveries for the subsidiary’s creditors. ... Read full article
This week on The Broke and the Beautiful, former Westlife singer Shane Filan is recording a solo album, and a new documentary looks at the Madoff scandal through a unique perspective. Also, Tareq Salahi’s family winery is on the market. ... Read full article
Energy Future Holdings Corp., the former TXU, talked about a potential bankruptcy Monday that would help erase $32 billion in debt, The Wall Street Journal reports . ... Read full article
European Pressphoto Agency A copy of Reader’s Digest at a store in New York in August 2009. Reader’s Digest Association Inc. ... Read full article
Investment firm Five Mile Capital Partners is accusing a group of well-known luxury resorts of several conflicts of interest on its board of directors, conflicts Five Mile say resulted in its not getting paid back the $50 million it lent before the ... Read full article
Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article
Bloomberg Distribution trucks drive through the yard at the Polmos Bialystok SA vodka distillery, a subsidiary of ... Read full article
U.S. Trustee Tracy Hope Davis, a federal bankruptcy monitor, is railing against Residential Capital LLC’s bid to pay bonuses to top employees, saying the company must do more to prove some of the bonuses comply with the Bankruptcy Code. Read the Daily ... Read full article
Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article
Reuters The creditors of MF Global Holdings Ltd. ... Read full article
A federal judge allowed Stockton, Calif., to restructure its finances under bankruptcy protection Monday, but he signaled it might have to cut payments to its pension fund, possibly setting a precedent for other cities. Read the Daily Bankruptcy Review ... Read full article
