International

The Daily Docket: Kodak Seeks $406M Rights Offering

06/19/13

Eastman Kodak Co. said it reached a deal, subject to court approval, that would allow it to repay its second-lien creditors in cash instead of equity in the company. Click here for the Daily Bankruptcy Review article.

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The Daily Docket: Exide Bondholders Want Leverage

06/12/13

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.

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The Daily Docket: Exide Enters Chapter 11

06/10/13

Troubled battery maker Exide Technologies Inc. filed for Chapter 11 bankruptcy protection early Monday as it faced $31 million in interest payments in August and the maturity of nearly $52 million in convertible notes in September. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: JeffCo Leaders Approve Sewer-Debt Deal

06/05/13

Jefferson County, Ala., leaders voted Tuesday to accept a debt-settlement plan that will dramatically slash the $3.1 billion owed on its sewer system and allow the struggling county to get out of bankruptcy. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Trustee Opposes AMR Plan

05/28/13
Associated Press
In this Nov.
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The Broke and the Beautiful: Sinbad Edition

05/24/13

This week on The Broke and the Beautiful, Sinbad is in bankruptcy, and Joe Francis is mad at the jury that convicted him of assault. Also, the IRS wants to resolve Dionne Warwick’s unpaid taxes.

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Ex-ComputerLand CEO Seeks Creditor Protection Amid Tax Fight

05/23/13

William H. Millard, once one of America’s wealthiest chief executives at the helm of the ComputerLand Corp. retail chain, has sought creditor protection in the U.S., telling a New York bankruptcy judge that he’s not a notorious tax fugitive but the target of a decades-old vendetta from lawmakers on the Pacific island of Saipan.

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The Daily Docket: Lehman to Sell $4.22B of Its Unsecured Claims

05/23/13
European Pressphoto Agency

Defunct investment bank Lehman Brothers Holdings Inc. said it has agreed to sell $4.22 billion of its general unsecured claims against its brokerage unit Lehman Brothers Inc.

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The Daily Docket: Gensler Criticized Over MF Global Collapse

05/22/13

A new report that looks at the Commodity Futures Trading Commission’s response to MF Global Holdings Ltd. ’s collapse criticizes Chairman Gary Gensler, and has new questions about MF Global’s collapse, The Wall Street Journal reports.

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The Broke and the Beautiful: Greek Soccer Edition

05/17/13

This week on The Broke and the Beautiful, Greek soccer club AEK Athens is readying for bankruptcy. Also, Lou Pearlman’s bankruptcy case is coming to a close, and Kerry Katona is back on TV.

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