News Topic: New Cases

The city of San Bernardino, Calif., won approval to restructure in Chapter 9 bankruptcy protection, The Wall Street Journal reports . A bankruptcy judge Wednesday confirmed K-V Pharmaceutical Co.’s Chapter 11 restructuring plan, which is based on a $275 ... Read full article

A federal judge dismissed Bank of America Corp.’s $1.7 billion lawsuit against the Federal Deposit Insurance Corp., a win for the regulator in the long-running battle over who is ultimately on the hook for losses tied to the multibillion-dollar fraud at ... Read full article

Jim Rydbom/Associated Press Kodak Colorado Division Building C-29 Eastman Kodak Co. was cleared Tuesday to emerge from bankruptcy court, putting a bookend on an American ric ... Read full article

Furniture Brands International Inc., one of the nation’s largest home furniture makers, has tapped restructuring lawyers and advisers to deal with its debt load, people familiar with the matter said. Read the Daily Bankruptcy Review article via The Wall ... Read full article

Two days after Anchor BanCorp Wisconsin Inc. sought Chapter 11 protection , federal securities regulators said they settled fraud charges against the bank-holding company and a former executive. ... Read full article

After an explosion, an evacuation of a small Louisiana town and a threatened eviction, military explosives-disassembler Explo Systems Inc. has filed for bankruptcy protection. ... Read full article

Patriot Coal Corp. and its mine workers have reached a settlement in their long-standing labor fight, a deal that gives the workers “significant improvements” over Patriot’s labor-contract changes approved by a judge in May. Read the Daily Bankruptcy ... Read full article

The railway company that operated the train that derailed and exploded last month, killing 47 people and destroying part of a small town in Quebec, sought bankruptcy protection in the U.S. and Canada on Wednesday with the intention to sell the business. ... Read full article

Santa Clara County, Calif. was the first entity to register its appearance in the bankruptcy proceeding of Rural/Metro Corp., and it’s not the possibility the ambulance company’s behind on its taxes that has the county racing to court. Santa Clara has ... Read full article

Ambulance company Rural/Metro Corp. filed for Chapter 11 bankruptcy protection on Sunday after striking a deal with lenders to trim its debt load. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

This week on The Broke and the Beautiful, rapper DMX filed for bankruptcy protection. Also, Teresa and Joe Giudice of Bravo’s “The Real Housewives of New Jersey” were charged with fraud, and fellow New Jersey “Real Housewives” star Danielle Staub settled ... Read full article

The federal judge handling the nation’s largest municipal-bankruptcy case ruled Wednesday that the city of Detroit is entitled to protection from state lawsuits challenging its bankruptcy filing. Read the Daily Bankruptcy Review article via The Wall Steet ... Read full article

Melanie Cohen A project to bring farm-grown and raised foods directly to New York City dwellers has filed for bankruptcy liquidation. ... Read full article

Mexican phone company Maxcom Telecomunicaciones S.A.B. filed for Chapter 11 bankruptcy protection in the U.S. late Tuesday after reaching a deal with its creditors that would hand control of the company to a group of investors led by private equity firm ... Read full article

With control of its bankruptcy case gone, LightSquared said it expects multiple proposals to reorganize the company and hopes to have any winning plan approved by December. Read the Daily Bankruptcy Review article here . ... Read full article

Poised to break pension promises to more than 23,500 retired city workers, cops and firefighters, Detroit’s bankruptcy attorneys said that those retirees deserve an official committee to speak for them as the 686,000-resident city struggles to unload ... Read full article

The controversial Women In Support of the Million Man March Inc. nonprofit in Newark, N.J., has filed for bankruptcy after federal authorities accused its leader of misspending a $345,325 federal grant. ... Read full article

The city of Detroit filed for Chapter 9 protection in the biggest municipal bankruptcy case in U.S. history, The Wall Street Journal reports . Waste processor Synagro Technologies Inc. Thursday won court approval to poll creditors on its plan to bail out ... Read full article