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The Daily Docket: Bond Trustees Named to Energy Future’s Creditor Committee

05/14/14

Federal bankruptcy monitors have named seven creditors to the influential panel that will speak for unsecured creditors in the $42 billion bankruptcy of Energy Future Holdings Corp. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Mekhi Phifer Edition

05/09/14

This week on The Broke and the Beautiful, actor Mekhi Phifer is in bankruptcy, and legislators investigating the collapse of Curt Schilling’s videogame company are getting threatening letters. Also, “Real Housewife” Teresa Giudice got some good news.

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The Daily Docket: LightSquared Judge Won’t Approve Restructuring

05/09/14

A judge on Thursday said some of Dish Network Corp. Chairman Charlie Ergen’s nearly $1 billion in claims in the wireless venture’s bankruptcy case will be subordinated below those of other creditors. However, in a separate ruling, she refused to approve LightSquared’s restructuring, saying it is unfair to Mr. Ergen. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Coming and Going Concerns

05/08/14

Scott D. Fink has become the new business unit leader of Weltman, Weinberg & Reis Co.’s bankruptcy group. Mr. Fink, who’s been with the firm for more than nine years, is a managing partner and works on both consumer and commercial bankruptcy cases. He also works with the firm’s real estate default group. Mr. Fink earned his law degree from Case Western Reserve University School of Law.

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The Daily Docket: Dish’s Ergen Balks at LightSquared Plan

05/06/14

LightSquared’s reorganization plan gives too much to value to the wireless venture’s top shareholder, Philip Falcone, and shouldn’t be approved, a lawyer for Dish Network Corp.  Chairman Charlie Ergen said Monday. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Energy Future Heads to Bankruptcy Court

05/01/14
The TXU Monticello Steam Electric Station power plant near Mt. Pleasant, Texas, in February 2007.
Reuters

Energy Future Holdings Corp.

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DBSI Officials Seek Acquittal of Criminal Convictions

04/28/14

Former DBSI Inc. President Douglas L. Swenson, convicted of multiple fraud charges for misleading investors, is seeking to be acquitted of the charges or, at the very least, a new trial.

Attorneys for Mr. Swenson and three other former officials say that acquittal or a new trial is warranted in light of such questions as “whether there was sufficient evidence produced at trial to support the crimes for which defendants were convicted,” court papers show.

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DBSI Officials Seek Acquittal of Criminal Convictions

04/28/14

Former DBSI Inc. President Douglas L. Swenson, convicted of multiple fraud charges for misleading investors, is seeking to be acquitted of the charges or, at the very least, a new trial.

Attorneys for Mr. Swenson and three other former officials say that acquittal or a new trial is warranted in light of such questions as “whether there was sufficient evidence produced at trial to support the crimes for which defendants were convicted,” court papers show.

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D.C. Restaurateur Accused of Sabotaging Operations, Stealing Vespa

04/24/14

Investors who bought several restaurants that fueled the dining boom in Washington, D.C.’s Capitol Hill neighborhood are accusing the D.C. restaurateur who sold the eateries of sabotaging the restaurants in a scheme to take them back. And they want their scooter back, too.

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