New Cases

The Daily Docket: Madoff Trustee Claws Back Another $500 Million

11/18/14

A new legal settlement will bring in nearly $500 million for Bernard Madoff ’s cheated investors, putting their total recovery to date above $10 billion. Read Jacqueline Palank’s Daily Bankruptcy Review story in The Wall Street Journal.

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The Daily Docket: Mutual Fund Appeals Stockton Bankruptcy Ruling

11/17/14

Mutual fund giant Franklin Templeton Investments is appealing a judge’s decision to allow the city of Stockton, Calif., to exit bankruptcy under a plan that pays Franklin-managed funds a fraction of the $37 million owed them but makes full payments for the city’s pensions. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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“New Jersey Champagne” Winery Enters Chapter 11

11/14/14

“New Jersey champagne” might sound like a sarcastic joke, but it’s really a thing, and the winery that invented it filed for Chapter 11 Thursday.

Renault Winery Inc. became so prominent among New Jerseyans for its champagne and other wines, in fact, that it earned Egg Harbor City, N.J. the unlikely nickname of “Wine City,” despite a very un-Napa like location 20 miles from Atlantic City.

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The Daily Docket: Denmark’s O.W. Bunker U.S. Units File for Chapter 11

11/14/14
OW Bunker vessels in Singapore.
O.W. Bunker

Denmark’s O.W. Bunker AS on Thursday placed its U.S.

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The Daily Docket: Atlantic City Looks to Sell Trump Entertainment Tax Lien

11/11/14
The exterior of the former Trump Taj Mahal in Atlantic City, N.J.
Wayne Parry

New Jersey’s Atlantic City, struggling to meet its annual budget after the

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Florida Gambling Ship Files For Bankruptcy

11/10/14

Florida’s Island Breeze Casino ship has filed for bankruptcy with the hope of someday returning to sea.

Ship officials on Thursday put the 600-passenger vessel into bankruptcy after halting daily excursions from Palm Beach and laying off nearly all of its 250 employees, according to documents filed in U.S. Bankruptcy Court in West Palm Beach, Fla.

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The Daily Docket: Drug Maker Dendreon Files for Bankruptcy

11/10/14

Dendreon Corp. filed for Chapter 11 bankruptcy protection Monday after coming to terms with senior lenders on a restructuring that could mean a reorganization or a sale of its cancer drug operation. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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The Daily Docket: LightSquared Strikes Deal Giving Control to Ergen

11/04/14

Dish Network Corp. Chairman Charlie Ergen would receive a controlling stake in troubled wireless company LightSquared under the company’s newest restructuring plan, announced in court on Monday. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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The Daily Docket: Marion Energy’s U.S. Unit Files Bankruptcy

11/03/14
John Spinello sits in front of merchandise from the game “Operation” at his Bloomingdale, Ill. home on Friday.
Carrie Antlfinger/Associated Press

The U.S.

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Second Formula One Team Seeks Bankruptcy Protection

10/27/14
Marussia’s British driver Max Chilton takes part in the first practice session of the inaugural Russian Grand Prix at the F1 Autodrome in Sochi on Oct.
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