Law Firms

Creditors have raised questions about what happened in the final days before Coldwater Creek handed over the keys to its 330-store chain to liquidators in bankruptcy. The Wall Street Journal has the Daily Bankruptcy Review article here.

Investors owning $1.7 billion or more in top-ranking debt say a $7.3 billion piece of Energy Future Holdings Corp.’s financing plan is a flawed and “incoherent” attempt to evade bankruptcy rules. Read the Daily Bankruptcy Review article here.

Morrison & Foerster won the plum job of representing the official committee of unsecured creditors in the Energy Future Holdings Corp. Chapter 11 case, one of the biggest bankruptcies on record.

A bankruptcy judge Tuesday rebuffed TelexFree LLC’s efforts to keep its Chapter 11 proceedings out of Massachusetts, where most of the company’s assets and operations are based. The Daily Bankruptcy Review article is available here.

Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public.

Only “authorized users” will be able to view the Webcast of the fight for the failed telecommunication company’s billions, according to an outline of the trial technology plan filed with the courts overseeing Nortel’s dissolution.