News Topic: New Cases

Unsecured creditors of Lehman Brothers Holdings Inc.’s brokerage business will begin receiving their money back Wednesday, nearly six years after Lehman collapsed into bankruptcy and the brokerage was sold. The Wall Street Journal has the Daily Bankruptcy ... Read full article

The Trump Plaza Hotel Casino in Atlantic City, N.J. Associated Press The Atlantic City Boardwalk casinos that bear the name of mogul Donald Trump returne ... Read full article

Jacobsen Rugs in downtown Syracuse, N.Y., which has been selling oriental rugs since before the Depression, filed for bankruptcy and plans sell off the more than 2,000 rugs it has left before shutting down for good. And this time, they mean it. In 2011, ... Read full article

Lehman Brothers Holdings Inc. said Thursday that it may seek to sell off some of a multibillion-dollar bankruptcy claim that the failed investment bank holds against its U.S. brokerage arm. The Wall Street Journal has the Daily Bankruptcy Review article ... Read full article

Patrick Semansky/Associated Press Kentucky miners who were digging for coal late last year hit an unwelcome surprise: Someone else beat them to it. ... Read full article

The Winklevoss twins, early investors of Hukkster, speak in front of a New York State Department of Financial Services virtual currency hearing in Manhattan on Jan. ... Read full article

Mercator Minerals Ltd. ’s Mineral Park Inc. unit filed for Chapter 11 bankruptcy protection Monday, seeking a buyer for assets that include a producing copper-molybdenum mine near Kingman, Ariz. Ready the Daily Bankruptcy Review article here . ... Read full article

A small hospital in Bloomington, Ind., has filed for bankruptcy with an eye-popping $134 million worth of debt. Officials at Monroe Hospital, which has 32 beds but only cares for an average of eight patients, told a federal judge that the hospital owes ... Read full article

Eagle Bulk Shipping Inc. ’s fleet of dry-bulk shipping vessels share a common theme: avian adoration. ... Read full article

Shipping company Eagle Bulk Shipping Inc. filed for Chapter 11 protection with a prepackaged plan in place, The Wall Street Journal reports . ... Read full article

A group of Caesars Entertainment Operating Co. bondholders sued the company Monday night, accusing Caesars of transferring money between entities to protect its “good” assets from creditors as the rest of the company’s financial condition deteriorated. ... Read full article

Dutch coal miner New World Resources NV filed for bankruptcy protection in a U.S. court on Wednesday while officials negotiate cuts to the roughly EUR825 million ($1.1 billion) debt owed by the company, which has struggled to profit amid depressed global ... Read full article

Nortel Networks Corp .’s U.S. division said Thursday it has reached a deal with bondholders owed nearly $4 billion to cap the interest they can collect at $1.01 billion. Read the Daily Bankruptcy Review story via The Wall Street Journal. ... Read full article

For-profit school company BioHealth College Inc., which operates four Bryman College campuses in California, has filed for Chapter 11 bankruptcy protection. It wasn’t immediately clear Monday what would happen as a result of the Chapter 11 filing. ... Read full article

Teen-focused clothing retailer Love Culture Inc. sought Chapter 11 protection Wednesday, citing an overexpansion that left the chain with weakened finances. Read the Daily Bankruptcy Review article here . ... Read full article

Philip Falcone ‘s LightSquared has reached a deal on a restructuring plan that has the support of Dish Network Corp. Chairman Charlie Ergen, its top secured lender. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Philip Falcone ‘s Harbinger Capital Partners is suing the federal government for allegedly reneging on an agreement regarding wireless venture LightSquared. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Foster Field in San Angelo, Texas, the home of the Colts. Sanangelocolts.com The  S ... Read full article