News Topic: Restructuring

Altegrity Inc., which became known after National Security Agency contractor Edward Snowden was vetted by one of its units, won approval of its chapter 11 plan.Read the Daily Bankruptcy Review article here . ... Read full article

Energy Future Holdings Corp. on Tuesday will ask the bankruptcy court to grant initial approval of its restructuring deal , allowing it to begin to poll creditors and move a step closer to exiting chapter 11. ... Read full article

Gospel Light Publications , known for its Sunday school and vacation Bible school curricula, filed for bankruptcy with plans to sell its assets. ... Read full article

Energy Future Holdings Corp. launched a bid to exit bankruptcy that focuses on a deal over its Oncor business. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Monday in White Plains, N.Y., Great Atlantic & Pacific Tea Co. will seek court permission to auction off 120 of its stores and close another 25. The grocer, which filed for its second chapter 11 of the decade last month, is facing opposition to the ... Read full article

The Pension Benefit Guaranty Corp. is opposing Great Atlantic & Pacific Tea Co.’s plan to quickly sell and close a number of its stores, and so are some landlords. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Bloomberg News Ryan Kavanaugh, the chief executive of Beverly Hills-based Relativity Media LLC, isn’t holding back in defending his company’s business model and, by ass ... Read full article

The union representing mineworkers at Patriot Coal Corp. is challenging the company’s effort to reject a contract. Read the Daily Bankruptcy Review article here . ... Read full article

An American Legion outpost in a rural New Mexico town might shut down, facing a bill from a woman who cleaned the social club’s gathering spot for months. The American Legion Bataan Post 4 in Deming, N.M., which has roughly 200 members, filed for ... Read full article

A Komatsu Ltd. bulldozer dumps coal onto a pile at the Brooks Run Mining Co., owned by Alpha Natural Resources Inc., in Cucumber, W.Va., in January 2011. Jon C. ... Read full article

Alpha Natural Resources Inc., one of the largest U.S. coal producers, filed for chapter 11 bankruptcy protection on Monday to cut its more than $3 billion debt load, The Wall Street Journal reported . The Bristol, Va., company will likely sell some of its ... Read full article

Several of Relativity Media LLC’s largest creditors have joined together in a stalking horse bid for the Hollywood studio that would see the exit of its founder and chief executive, said people familiar with the matter. Anchorage Capital Group LLC, Luxor ... Read full article

The Cathedral of St. Paul in St. ... Read full article

Ryan Kavanaugh, Relativity Media’s chief executive, in California on April 27. ... Read full article

Bankruptcy and restructuring firm Chilmark Partners has started a joint venture with global finance firm Burford Capital , DBR reported via WSJ . The venture, Bankruptcy Litigation Funding LLC, will focus on advisory and financing services for ... Read full article

Construction of the Baha Mar resort on the beach on New Providence island, Bahamas, July 2014.  Baha Mar Bahamas resort Baha Mar’s developer Sarkis Izmir ... Read full article

Mel Evans/Associated Press The A&P grocery chain is preparing to close about two dozen money-losing stores while searching for buyers to rescue its other locations throughout the Northeast. ... Read full article

Energy Future Holdings Inc. amended its chapter 11 plan, which would give an option for a bondholder buyout of its Oncor business. The Daily Bankruptcy Review article is available in The Wall Street Journal . ... Read full article