New Cases

Ex-ComputerLand CEO Seeks Creditor Protection Amid Tax Fight

05/23/13

William H. Millard, once one of America’s wealthiest chief executives at the helm of the ComputerLand Corp. retail chain, has sought creditor protection in the U.S., telling a New York bankruptcy judge that he’s not a notorious tax fugitive but the target of a decades-old vendetta from lawmakers on the Pacific island of Saipan.

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The Daily Docket: MSR Enters Chapter 11…Again

05/10/13

John Paulson‘s hedge fund has placed real-estate investment trust MSR Hotels & Resorts Inc., which recently sold a group of its affiliated resorts for $1.5 billion at bankruptcy sale, into Chapter 11 in a bid to stymie a multimillion-dollar lawsuit filed by Five Mile Capital Partners, Daily Bankruptcy Review reports.

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The Daily Docket: Trustee Balks at Revel Plan

05/09/13
Wayne Parry/Associated Press

A federal bankruptcy watchdog is objecting to casino owner Revel AC Inc.’s restructuring plan, taking aim at “expansive” provisions meant to shield everyone from lenders to equity

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Extra, Extra: Read All About The Daily Voice’s Bankruptcy

05/08/13

The Daily Voice’s websites cover such “hyper-local” news as a hospital anniversary and “bike/walk to school day” in communities throughout New York’s Westchester County and Connecticut’s Fairfield County. But it’ll make headlines itself with its bankruptcy filing.

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The Daily Docket: ResCap Sues Bondholders

05/07/13

Residential Capital LLC is suing a group of junior bondholders to block them from wresting control of the subprime mortgage lender’s bankruptcy case. Read the Daily Bankruptcy Review article here.

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SouthPeak Seeks to Pull Plug on TimeGate Bankruptcy

05/06/13
TimeGate Studios Inc.
A still from Section 8: Prejudice

A videogame publisher that holds a $10 million fraud judgment against game developer TimeGate Studi

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Videogame Developer TimeGate Files for Bankruptcy, Looks for Buyer

05/03/13
TimeGate Studios Inc.
A still from Section 8: Prejudice

TimeGate Studios Inc., a video game develope

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The Daily Docket: ResCap Creditors Want Company to Have More Time to Control Bankruptcy

05/03/13

Residential Capital LLC creditors want to give the company more time to control its bankruptcy case, Dow Jones Newswires reports.

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The Daily Docket: Kodak Files Bankruptcy Plan

05/02/13
Getty Images

Eastman Kodak Co. has filed a plan to exit Chapter 11 bankruptcy protection that would hand ownership of the company to its bondholders and unsecured creditors.

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Scrapbook Supply Companies Clip out Chapter 11 Petitions

05/01/13

April was a bad month for the sellers of pinking shears, heart-shaped punchers and flower-printed papers.

Two major vendors of the scrapbook supplies long used to spruce up family photo albums, Creative Memories and Archiver’s, recently filed for Chapter 11 protection.

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