News

The Daily Docket: Dynegy Inc. Enters Bankruptcy - Wall Street Journal

07/06/12

Dynegy Inc. filed for Chapter 11 protection, The Wall Street Journal reports. Subsidiary Dynegy Holdings LLC filed for bankruptcy last November. The law firm of Weil, Gotshal & Manges LLP stands to earn more than $430 million for leading Lehman ...

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Dynegy Files for Bankruptcy in Final Blow to Shareholders - Wall Street Journal

07/06/12

Three months after dramatically changing tack and filing a plan to wipe out shareholders at the benefit of creditors, Dynegy Inc. has filed for bankruptcy. As is often the case in bankruptcy, the news is not a surprise, but it does bring the ...

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Updated: Ex-Barnes Foundation CEO's blog post reignites legal saga - Main Line Media News

07/06/12

“Bankruptcy was not the reason we filed the petition to ... Its endowment had been spent down, it was threatened with more litigation. The institution said it was “OK now,” but did not have “enough of a safety net” to continue in ...

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Dynegy Files for Bankruptcy; Will Merge With Unit - CNBC

07/06/12

Dynegy's coal and natural gas-fired power plants are owned by separate subsidiaries that aren't part of the bankruptcy filing. "They will continue to operate their businesses in the ordinary course," the company said. Friday's filing is part of an ongoing ...

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Top 5: Chapter 7 bankruptcy filings made in 2012 - The Business Journal

07/06/12

This week, the Pittsburgh Business Times Pittsburgh Business Times Latest from The Business Journals Top 5: Largest Pittsburgh-area foreign-owned companies Veterans Taxi Service finally takes to Pittsburgh streets EPS outlook positive for many ...

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Chapter 11 Defined - who get's paid first? - Stockhouse

07/06/12

Average quality rating by the Stockhouse community. Chapter 11 is, in effect, the corporate version of the personal bankruptcy option Chapter 13. It means claims against the company are put on hold while it attempts to work out a repayment plan. Bankruptcy ...

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Dynegy Inc. Files For Chapter 11 Bankruptcy Protection - Quick Facts - RTT News

07/06/12

(RTTNews) - Dynegy Inc. (DYN: News ) said it filed a voluntary petition to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York, Poughkeepsie Division. The Chapter 11 case of ...

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Dynegy Inc files for bankruptcy; will merge with unit - Reuters

07/06/12

Last month, a bankruptcy court approved the company's settlement with ... Dynegy units that operate its coal and gas-fired businesses were not included in Friday's Chapter 11 filing. The company in 2001 set and then canceled plans to buy Enron ...

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Dynegy Files for Bankruptcy as Part of Settlement - New York Times

07/06/12

Dynegy Inc. announced on Friday that it had filed for Chapter 11 bankruptcy protection in New York, the latest step to restructure the ailing energy company and settle with creditors who hold more than $2.5 billion in claims over one of its subsidiaries.

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Is inheritance at risk with bankruptcy filing? - Yahoo Finance

07/06/12

I've been reading your information on Chapter 7 bankruptcy and inheritance . Our bankruptcy was filed on Feb. 28, 2011, and my father passed away Sept. 19, 2011. We received a portion of his life insurance Oct. 28, 2011. The rest of the estate ...

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