Restructuring

The Daily Docket: CEDC Enters Bankruptcy

04/08/13
Bloomberg
Distribution trucks drive through the yard at the Polmos Bialystok SA vodka distillery, a subsidiary of
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The Broke and the Beautiful: ‘Game of Thrones’ Edition

04/05/13

This week on The Broke and the Beautiful, “Game of Thrones” star Lena Headey is in financial turmoil, and actor Kevin Costner is fighting a revenue dispute in bankruptcy court. Also, the NCAA is being accused on closing the books on an investigation too soon.

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The Daily Docket: Trustee Blasts ResCap Bonus Proposal

04/05/13

U.S. Trustee Tracy Hope Davis, a federal bankruptcy monitor, is railing against Residential Capital LLC’s bid to pay bonuses to top employees, saying the company must do more to prove some of the bonuses comply with the Bankruptcy Code. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Reaches Deal With Holdout Swiss Unit

04/04/13
Agence France-Presse/Getty Images

Lehman Brothers Holdings Inc.

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Kevin Costner Sued in Bankruptcy Court

04/02/13
European Pressphoto Agency
Kevin Costner holds his Cesar of Honor as he poses for photographs at the Cesar awards ceremony held in Paris in February 2013.

A payment dispute

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The Daily Docket: Judge Allows Stockton to Stay in Chapter 9

04/02/13

A federal judge allowed Stockton, Calif., to restructure its finances under bankruptcy protection Monday, but he signaled it might have to cut payments to its pension fund, possibly setting a precedent for other cities. Read the Daily Bankruptcy Review article The Wall Street Journal.

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Bankruptcy Watchdogs Suspend Debtor Audits

04/01/13
Getty Images

When Congress overhauled the Bankruptcy Code in 2005, it directed bankruptcy watchdogs to ferret out fraud by auditing consumer debtors—audits those watchdogs can no longer afford.

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The Daily Docket: Hedge Funds Want Trustee to Take Over Patriot Coal

04/01/13

Two hedge funds are asking that an outsider take over Patriot Coal Corp. in order to extricate it from a bitter fight with its miners union. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Dionne Warwick Edition

03/29/13

This week on The Broke and the Beautiful, singer Dionne Warwick says a little prayer in bankruptcy, and a new book paints a foul picture of Lenny Dykstra. Also, actor Alec Baldwin is helping out Central Falls High School in its bid to enter a chess tournament.

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