International

The Daily Docket: Hostess Union to Vote on Contract

08/22/12
Agence France-Presse/Getty Images

Members of Hostess Brands Inc.’s largest union are set to vote on a final labor contract offer from the troubled company, a proposal that calls for some “deep” concessions and c

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The Daily Docket: ATP Enters Bankruptcy

08/20/12

ATP Oil & Gas Corp. filed for Chapter 11 bankruptcy protection Friday, hit by the rising costs associated with its deep-water drilling projects in the Gulf of Mexico. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Elpida Files Exit Plan

08/14/12

Elpida Memory Inc. bondholders have filed a bankruptcy-exit plan that values the company at $3.85 billion, well over the price rival Micron Technology Inc. has offered to pay for the distressed chip maker. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Tribune Says Appeal Could Cost $1.5B

08/10/12

Tribune Co. has put a price tag on the damage that it says would be caused if its exit from Chapter 11 is delayed while unhappy creditors appeal its bankruptcy-exit plan: at least $1.5 billion and perhaps as much as $3 billion. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Falcone Fires Back at LightSquared Lenders

08/09/12

Phil Falcone’s Harbinger Capital Partners has said an investigation by lenders to LightSquared into so-called insider loans the wireless company received is meant to “embarrass” and “harass” the hedge fund. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Pinnacle Says Shareholders Jeopardized Restructuring

08/08/12

Pinnacle Airlines Corp. is accusing hedge fund and shareholder Meson Capital Partners LP of putting its reorganization at risk in order to squeeze value out of shares that are expected to be worthless. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Judge Won’t Move Kodak Patent Dispute

07/30/12
Associated Press/dapd

A judge denied Apple Inc.’s bid to move a patent dispute with Eastman Kodak Co. out of bankruptcy court.

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The Broke and the Beautiful: Curt Schilling Edition

07/27/12

This week on The Broke and the Beautiful, Curt Schilling’s 38 Studios is in the news, and we’ve got a feeling the Black Eyes Peas aren’t too happy with their ex-manager. Also, the bankruptcy of Westlife’s Shane Filan has sparked debate over “bankruptcy tourism.”

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The Daily Docket: US Airways CEO Skeptical of AMR Merger Exploration

07/26/12

The head of US Airways Group Inc. on Wednesday expressed reservations about the strategic review being conducted by AMR Corp. and said he could go directly to its rival’s creditors in a bid to cement a merger. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Investors Appeal Tribune Plan

07/25/12

Investors that wound up at the bottom of the payment pileup in Tribune Co.’s bankruptcy raced to appeal a Monday order confirming the media company’s Chapter 11 plan. Read the Daily Bankruptcy Review article here.

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