People

The Daily Docket: ResCap Looks to Keep Control of Bankruptcy

03/05/13

Ally Financial Inc. mortgage subsidiary Residential Capital LLC said bondholders wishing to file their own reorganization plan just want the Chapter 11 case to become one “replete with competing plans and open warfare.” Read the Daily Bankruptcy Review article here.

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The Daily Docket: Vitro Reaches Deal to Conclude Restructuring

03/04/13

Mexican glass manufacturer Vitro SAB said Monday that it has reached an agreement with nonconsenting creditors that will put an end to two years of litigation and allow the company to conclude its debt restructuring. Read the article in Daily Bankruptcy Review.

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Girls Gone Wild Files for Bankruptcy

02/28/13
Arnold Turner/Invision/Associated Press
Joe Francis

Girls Gone Wild founder Joe Francis has put his risqué empire into bankruptcy protection to keep Steve

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The Daily Docket: AMR, US Airways Defend Merger

02/27/13
Associated Press

American Airlines and US Airways Group Inc.

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Lawmakers Grill Treasury on ResCap Executive Pay

02/27/13
Bloomberg News
Patricia Geoghegan

Republican lawmakers Tuesday grilled the Treasury Department official in charge of reining in excessive pay at bailed out companies who

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The Daily Docket: School Specialty Wins Loan Approval

02/26/13

School Specialty Inc. won court approval to draw $129 million of a rival bankruptcy loan that gives the education supply company more time and flexibility in its Chapter 11 restructuring Read the Daily Bankruptcy Review article here.

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American Airlines Asks Not to Delay Antitrust Fight

02/22/13
Associated Press

American Airlines says Travelport Ltd. shouldn’t be allowed to delay a fast-approaching antitrust trial in which “billions of dollars” are potentially on the line.

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The Daily Docket: Revel Casino Readies for Bankruptcy

02/20/13
Associated Press

Atlantic City, N.J.’s Revel casino is getting ready to file for bankruptcy, The Wall Street Journal

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The Broke and the Beautiful: Love Actually Edition

02/15/13

This week on The Broke and the Beautiful, actress and singer Martine McCutcheon is in bankruptcy, and Chapter 11 has claimed another special-effects studio.

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The Broke and the Beautiful: Best Picture Edition

02/01/13

This week on The Broke and the Beautiful Kodak may not have the naming rights for the theater where the Oscars are held, but it’s still starring in the best picture nominations. Also, the trustee for former University of Miami booster Nevin Shapiro’s bankrupt company is suing a law firm for its alleged role in Shapiro’s Ponzi scheme.

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