The Daily Docket: TMT Gears Up to Defend Bankruptcy
Taiwanese shipping company TMT Group is gearing up for a fight over its right to remain in bankruptcy protection in the U.S. Read the Daily Bankruptcy Review article here . ... Read full article
Taiwanese shipping company TMT Group is gearing up for a fight over its right to remain in bankruptcy protection in the U.S. Read the Daily Bankruptcy Review article here . ... Read full article
A bankruptcy judge says a recent “flurry” of court filings by Heller Ehrman LLP may “dramatically” affect the defunct law firm’s quest to chase down unfinished business profits. Judge Dennis Montali of the U.S. Bankruptcy Court in San Francisco handed ... Read full article
Photo courtesy of Weschler’s Auctioneers “For Xavier” by Sam Gilliam Howrey LLP stuck close to its Washington, D.C., headquarters when shopping for art t ... Read full article
A bankruptcy judge on Thursday warned ATP Oil & Gas Corp. that it’s not “preordained” that he’ll approve the asset sale the company has long been pinning its hopes on but which has run into complications. Read the Daily Bankruptcy Review article here ... Read full article
Stephanie S. ... Read full article
Ally Financial Inc. said Thursday it will pay $2.1 billion to its mortgage subsidiary Residential Capital and the unit’s creditors under an agreement reached last week that could move the Detroit-based lender closer to repaying its government bailout. ... Read full article
Secured lenders led by Credit Suisse AG have been declared winners of an auction for the oil and gas drilling assets of ATP Oil & Gas Corp. with an offer of $690.8 million, court papers say. ... Read full article
Veteran restructuring lawyers John Rapisardi and George Davis are heading to O’Melveny & Myers LLP after six years with Cadwalader, Wickersham & Taft. ... Read full article
European Pressphoto Agency Lehman Brothers Holdings Inc. ... Read full article
Getty Images Eastman Kodak Co. has filed a plan to exit Chapter 11 bankruptcy protection that would hand ownership of the company to its bondholders and unsecured creditors. ... 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
Getty Images Jon Corzine Published Credit: Getty Images The trustee overseeing ... Read full article
Associated Press In this 1989 image provided by Paramount Pictures, Tom Berenger, right, plays catcher Jake Taylor; Charlie Sheen, below, is pitcher Ricky Vaughn; and Corbin ... Read full article
A handful of Howrey’s former partners can breathe easily, at least for the next few months: they’ve struck a deal that gives them time to work on settling potential lawsuits related to their roles in winding down the 55-year-old law firm. ... Read full article
dapd The sniping over Lehman Brothers Holdings Inc.’s attempt to question the trader known as the “London Whale” over derivatives hedges resumed Tuesday, with the failed investment bank criticizing what it says ... Read full article
A judge on Tuesday gave Residential Capital LLC 60 days from now to file a restructuring plan without having to worry about rival proposals, as the company seeks to settle the complex issues surrounding its bankruptcy case. Read the Daily Bankruptcy ... Read full article
School Specialty Inc. won court approval to draw $129 million of a rival bankruptcy loan that gives the education supply company more time and flexibility in its Chapter 11 restructuring Read the Daily Bankruptcy Review article here . ... Read full article
Adam A. ... Read full article
Reuters A former Dewey & LeBoeuf LLP document specialist who sued the law firm last year after 450 staffe ... Read full article
Courtesy of Adam A. Weschler & Son Inc. Sol LeWitt’s silkscreen monoprint “Wavy Brush Strokes” sold for $38,000 at a Feb. ... Read full article