News Topic: New Cases

Tribune Co. plans to split its publishing business and its broadcast arm, following in the footsteps of companies like News Corp ., The Wall Street Journal reports . ... Read full article

Five Mile Capital Partners LLC is accusing MSR Hotels & Resorts Inc. of using its Chapter 11 case to shield its directors from possible liability for their alleged misconduct and wants an independent trustee to take charge of the company. Read the ... Read full article

Associated Press This undated photo made available by Casa Casuarina shows the exterior of Casa Casuarina—the former Versace mansion—in Miami Beach, Fla. ... Read full article

Mortgage lender Residential Capital filed a bankruptcy-exit plan that would pay general unsecured creditors 36.3 cents on the dollar and free government-owned parent Ally Financial Inc. from any more obligations in the case. Read the Daily Bankruptcy ... Read full article

The Detroit Masonic Temple has hosted pretty much every music icon in recent history—the Rolling Stones, Bob Marley, The Who and Jimi Hendrix. But that history has not saved the Detroit venue from hardship.  The much-loved temple has made a habit of ... Read full article

Textbook publisher Cengage Learning Inc. is edging toward Chapter 11 bankruptcy protection, The Wall Street Journal reports . ... 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

Isabella Vosmikova/Associated Press In this undated publicity image released by Bravo, host James Lipton, left, interviews Colin Firth during a taping of “Inside the Actors Stu ... Read full article

Global shipping company TMT Group sought bankruptcy protection after failing to restructure its $1.46 billion debt load out of court. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

The $1.9 billion debt-repayment deal that’s designed to pull Jefferson County, Ala., out of bankruptcy will eventually costs its citizens almost four times that amount. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Orchard Supply Hardware Stores filed for Chapter 11 bankruptcy protection Monday with plans to sell itself to Lowe’s Cos., subject to higher bids at auction. Click here for the Daily Bankruptcy Review article. ... Read full article

Troubled battery maker Exide Technologies Inc. filed for Chapter 11 bankruptcy protection early Monday as it faced $31 million in interest payments in August and the maturity of nearly $52 million in convertible notes in September. Read the Daily ... Read full article

This week on The Broke and the Beautiful, Sly Stone’s former manager, record producer Jerry Goldstein, put his companies in bankruptcy. Also, the founder of Tully’s Coffee isn’t happy with Patrick Demspey. ... Read full article

Senior bondholder Silver Point Finance LLC has submitted a proposal letter for K-V Pharmaceutical Co. that matches an offer from a group of investors holding subordinate bonds. Read the Daily Bankruptcy Review article here . ... Read full article

Stephanie S. ... Read full article

Dance New Amsterdam , a nonprofit New York dance education and performance center, filed for Chapter 11 bankruptcy protection this week to gain the breathing room it needs to stage its restructuring. According to court papers filed Monday , DNA listed ... Read full article

By Deborah Gage Tech investor and entrepreneur Halsey Minor filed for Chapter 7 bankruptcy last week in U.S. Bankruptcy Court in Los Angeles. Minor lists his liabilities as $50 million to $100 million, primarily in business debts, with assets in the $10 ... Read full article

Associated Press In this Nov. ... Read full article