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Many creditors in the Monroe L. Beachy bankruptcy case will get a check in the mail next month if a requested plan for dispersing funds is approved. Most creditors of the former A&M Investments would get 45 percent of their claim under the plan filed by ...

Judge Otis Wright II of California’s Central District, a George W. Bush appointee who was confirmed in 2007, has filed for personal bankruptcy, "a rare thing for a federal judge," says the Wall Street Journal's law blog. Wright’s homein Rancho Palos ...

The documents, which were among the millions of pages submitted in Lehman's bankruptcy, show the list of top earners each were pledged $8 million to $51 million in cash, stock and other compensation. How much, if any, of the stock was cashed in before the ...

Since emerging from bankruptcy, Chrysler has methodically upgraded the ... Chrysler has managed to accelerate sales without resorting to heavy discounts. The company said that its average incentives have remained stable at about $3,200 a vehicle ...

Its financial adviser testified on Wednesday that the company needs a standalone plan to be able to compare alternatives such as merger offers. The case is In re AMR Corp et al, U.S. Bankruptcy Court, Southern District of New York, No. 11-15463.