Restructuring

Kodak Locks Down Lens Licensing Deal

02/12/13
Agence France-Presse/Getty Images
Karen A.
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Restructuring Experts: Recession Didn’t Improve Corporate Governance

02/11/13

The Great Recession taught businesses some valuable lessons, but restructuring experts don’t think companies learned enough about changing their corporate governance practices, according to a new survey.

In its 2013 Outlook Survey of restructuring experts, advisory firm AlixPartners said slightly less than half of the 98 professionals questioned believe corporate governance is better now than it was before the recession.

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The Daily Docket: Hawker Wins Chapter 11 Plan Approval

02/04/13

Hawker Beechcraft Inc. won court approval Friday of its plan to exit bankruptcy under the control of a group of hedge funds, a ruling the company hopes will lead to it being out of Chapter 11 by the end of February. Read the Daily Bankruptcy Review article here.

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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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Garcia’s, Garfield’s Restaurants Tell Workers About Bankruptcy

02/01/13

Two national restaurant chains that quietly filed for bankruptcy and tried to keep the news from their 1,400 employees caught the attention of a federal court watchdog, which has growled out an order to notify them.

A representative from the U.S. Trustee’s Office instructed the owners of—drumroll, please—the Garcia’s and Garfield’s restaurant chains to notify creditors, including many employees, that the chain’s two holding companies had filed for Chapter 11 protection on the Friday before New Year’s Eve.

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The Daily Docket: Judge Approves MF Global Deal

02/01/13
Reuters

MF Global Holdings Ltd.’s bankruptcy judge on Thursday approved a key settlement among the failed brokerage’s three key constituents, opening up the possibility that the remaining money owed to customers could start flow

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The Daily Docket: Judge Says Stockton Can Make Creditor Deals Without Approval

01/31/13

Attorneys who are steering struggling Stockton, Calif., through bankruptcy got the power to negotiate deals with creditors with far more secrecy than the usual bankruptcy case. Read the Daily Bankruptcy Review article here.

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Kodak Stars in Best Picture Nominees

01/30/13
European Pressphoto Agency
Ben Affleck (front) holds up the Screen Actors Guild Award for Outstanding Performance by a Cast in a Motion Picture for “Argo” at the Screen Actors
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The Daily Docket: Hostess Nears Twinkie Sale Deal

01/30/13
Associated Press
Artist Nancy Peppin holds one of her creations from her series “Day of the Dead Twinkies,” one of dozens of pieces of art she has created over the years using Twinkies and ot
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