Restructuring

The Daily Docket: Dex One, SuperMedia Enter Bankruptcy

03/18/13

Yellow-pages companies Dex One Corp. and SuperMedia Inc. have both voluntarily filed for Chapter 11 bankruptcy protection as part of their previously announced all-stock merger deal. Read the article in Daily Bankruptcy Review.

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The Broke and the Beautiful: Twinkie Edition

03/15/13

This week on The Broke and the Beautiful, Twinkies might get backed by some star power, and British actress Amanda Abbington has declared herself insolvent. Also, Michael Vick had to cancel his book tour because of threats of violence against him.

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The Daily Docket: Stoli Owner May Bid on CEDC

03/15/13

SPI Group, the owner of Stolichnaya vodka, may make an offer for Central European Distribution Corp. as that company tries to manage its more than $1 billion in debt, some of which is set to mature next week. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Balks at J.P. Morgan’s Bid to Block ‘Whale’ Probe

03/13/13
dapd

The sniping over Lehman Brothers Holdings Inc.’s attempt to question the trader known as the “London Whale” over derivatives hedges resumed Tuesday, with the failed investment bank criticizing what it says

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The Daily Docket: Hostess Gets No Rival Cake Bids

03/12/13
Reuters
The last remaining boxes of Twinkies on display at a Jewel-Osco grocery store in Chicago on Dec. 11, 2012.

Hostess Brands Inc.

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The Broke and the Beautiful: Downton Abbey Redux Edition

03/08/13

This week on The Broke and the Beautiful, we find some commonalities with the characters of “Downton Abbey,” and Rhythm & Hues’ bankruptcy isn’t stopping a computer-generated tiger from being the “life” of the party. Also, the firm’s bankruptcy is grinding the gears of visual-effects artists who say they’ve been working in deteriorating conditions.

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The Daily Docket: ResCap Wins Exclusivity Extension

03/06/13

A judge on Tuesday gave Residential Capital LLC 60 days from now to file a restructuring plan without having to worry about rival proposals, as the company seeks to settle the complex issues surrounding its bankruptcy case. Read the Daily Bankruptcy Review article here.

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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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