Restructuring

The Daily Docket: Solyndra Backers Could Get $300M in Tax Breaks

09/05/12

Losses bankrupt solar power equipment maker Solyndra LLC racked up during its brief existence could translate into more than $300 million worth of tax breaks for private equity backers in the future, new court papers say. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Contec Plans Quick Trip Through Bankruptcy

09/04/12

Bain Capital Partners’ Contec Holdings Ltd. plans a speedy trip through bankruptcy with a debt-for-equity swap that will displace the private-equity firm and leave banks in charge, attorneys said at a court hearing Friday. Read the Daily Bankruptcy Review article here.

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Bankruptcy Beat Snapshot: Gerard Uzzi

08/31/12

The last bridge Gerard Uzzi inspected was the Queensboro, a 103-year old behemoth spanning the East River.

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The Daily Docket: American Airlines Pilots Appeal Labor Ruling

08/31/12
Associated Press
American Airlines grounds crew service and arriving flight at JFK International Airport in New York.

In an unusual move, American Airlines pi

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Whither Pink Slime?

08/30/12
Associated Press
This March 29, 2012, file photo, shows the beef product known as lean finely textured beef, or “pink slime, ” during a plant tour of Beef Products Inc.
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The Daily Docket: Bain-Owned Contec Enters Bankruptcy

08/30/12

Contec Holdings Ltd., the cable-box repair company owned by Bain Capital Partners, filed for Chapter 11 bankruptcy protection Wednesday with a plan in hand to restructure some $360 million in debt. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Judge Urges Hostess Union to Approve Contract

08/29/12
Agence France-Presse/Getty Images

A bankruptcy judge urged union members to vote in favor of the final contract offered up by Hostess Brands Inc., a proposal both sides acknowledge represents the last hope for s

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The Daily Docket: Solyndra’s Losses Could Mean Profits for Private Equity Firms

08/28/12

The U.S. Department of Energy and the Internal Revenue Service are demanding information on potential tax breaks that could allegedly be worth “hundreds of millions of dollars” to the private equity firms behind failed solar power equipment maker Solyndra LLC. Read the Daily Bankruptcy Review article here.

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The Broke and the Beautiful: Barely There Edition

08/24/12

This week on The Broke and the Beautiful, celebrities are treading lightly in the bankruptcy waters, but Broke still has some morsels for you. Former baseball star Curt Schilling rags on the governor of Rhode Island, and boxer Mike Tyson is hitting up an investor forum in China. Also, Warren Sapp has a new book.

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