Liquidation

The Daily Docket: Hedge Funds Sue Delphi

12/21/11

A handful of hedge fund companies that specialize in buying up the distressed debt of bankrupt businesses are suing Delphi Automotive PLC and some of its biggest backers, claiming the newly public auto-parts supplier is shortchanging them on a potential recovery of up to $300 million. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Doral to Hit Auction Block

12/20/11

The owner of several luxury resorts has won permission to place its Doral Golf Resort & Spa on the auction block, with a $150 million bid from Donald Trump’s hotel group leading the way. Read the Daily Bankruptcy Review article here.

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