New Cases

The Daily Docket: Big Frowns for Small Smiles

02/22/12

The financially struggling operator of Small Smiles Dental filed for Chapter 11 bankruptcy protection to begin the process of selling its operations to repay its debts. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: No MF Global Customer Money Found at J.P. Morgan

02/21/12

Louis Freeh, the bankruptcy trustee overseeing MF Global Holdings Ltd.’s Chapter 11 case, says a forensic analysis has determined none of the estimated $1.6 billion in missing customer cash ended up in the company’s account at J.P. Morgan Chase & Co. Read the Daily Bankruptcy Review story here.

[more]

Guggenheim, Other Funds Divulge Stakes in Global Aviation Debt

02/16/12

A group of hedge funds and investment firms calling itself the ad hoc committee of senior noteholders divulged their stakes Global Aviation Holdings Inc.’s debt. Bankruptcy law requires investors to publicly disclose their identities and their holdings if they’re working as a group in a Chapter 11 case.

[more]

The Broke and the Beautiful: Gary Busey Edition

02/10/12

This week on The Broke and the Beautiful, actor and “Celebrity Apprentice” contestant Gary Busey files for Chapter 7 bankruptcy, and Chrysler’s Super Bowl ad sparks controversy. Also, the New York Mets’ owners face new allegations regarding Bernard Madoff’s Ponzi scheme.

[more]

The Daily Docket: Global Aviation Enters Bankruptcy

02/06/12

Global Aviation Holdings Inc., which says it is the largest commercial provider of airlift transport services for the U.S. military, filed for Chapter 11 bankruptcy protection Sunday. Read the Daily Bankruptcy Review article here.

[more]

The Broke and the Beautiful: Kodak Edition

02/03/12

This week on The Broke and the Beautiful, Kodak wants to pull its name from Hollywood’s Kodak Theatre, and actress Debbie Reynolds is writing a new memoir. Also, “30 Rock” star Tracy Morgan’s mom is facing foreclosure.

[more]

The Daily Docket: Lee’s Bankruptcy Plan Confirmed

01/24/12

Newspaper publisher Lee Enterprises Inc. on Monday won court permission to exit bankruptcy under a plan that puts off the day of reckoning on hundreds of millions of dollars in debt. Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]

U.K. Pension Plan Tops Kodak Creditor List

01/23/12
Getty Images
A saleswoman holds a box of Kodachrome film June 22, 2009, in an electronics shop in lower Manhattan.

Eastman Kodak Co., which

[more]

The Broke and the Beautiful: Save the Twinkie! Edition

01/20/12

This week on The Broke and the Beautiful, Wendy Williams does her part to keep Twinkies alive, and boy-band mogul Lou Pearlman’s trustee must be feeling larger than life. Also this week, Jefferson, County, Ala., scores a run against J.P. Morgan Chase & Co. on its dealings with Houston Astros owner Jim Crane.

[more]

The Daily Docket: Kodak Can Borrow on Loan

01/20/12

A judge on Thursday said Eastman Kodak Co. could begin borrowing on a $950 million loan from Citigroup Inc., which the iconic photography company hopes will keep it afloat as it restructures itself during Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here.

[more]