A federal bankruptcy watchdog is objecting to casino owner Revel AC Inc.’s restructuring plan, taking aim at “expansive” provisions meant to shield everyone from lenders to equity
Residential Capital LLC is suing a group of junior bondholders to block them from wresting control of the subprime mortgage lender’s bankruptcy case. Read the Daily Bankruptcy Review article here.
This week, “Gossip Girl” actress Kelly Rutherford is on the brink of bankruptcy, and Dionne Warwick speaks out. Also, designer Betsey Johnson is ready to cartwheel onto reality TV.
Eastman Kodak Co. has filed a plan to exit Chapter 11 bankruptcy protection that would hand ownership of the company to its bondholders and unsecured creditors.
The developer of the Trump Ocean Club International Hotel & Tower in Panama on Tuesday filed for Chapter 11 bankruptcy protection with a plan in hand to restructure.
The union whose nationwide strike sparked Hostess Brands Inc.’s decision to liquidate in bankruptcy said its workers are “inextricably linked” to the future of snacks such as Twinkies and Ho Hos and hi
