News Topic: Restructuring

Oil and gas developer Endeavour International Corp. is attempting to swat away accusations from unsecured creditors seeking to sue over allegedly improper prebankruptcy financial maneuvers. Read the Daily Bankruptcy Review article here . ... Read full article

Newly released court records show that Altegrity Inc., a company linked to some notable U.S. security stumbles of recent years, shelled out $25.7 million to top executives the year before it filed for bankruptcy protection. The Wall Street Journal has the ... Read full article

A former Lehman Brothers star trader secretly recorded several conversations that he says prove Lehman owes him more than $83 million in bonuses for his work done mostly in 2008, even though he received a similar amount when Barclays PLC bought Lehman, ... Read full article

Lehman Brothers on Wednesday said former top trader Jonathan Hoffman is seeking “double recovery” on his bonus from 2008, in day one of a trial over whether Lehman owes Mr. Hoffman and three other employees millions in back bonuses. The Wall Street ... Read full article

Tim Blixseth was ordered to jail for contempt until he accounts for million he owes creditors. ... Read full article

In an Austin, Texas, courtroom Monday, WBH Energy LP will ask a bankruptcy judge to approve bidding procedures that could see the company’s assets sold for at least $25 million. WBH Energy’s lender, investment firm Castlelake LP, has agreed to serve as ... Read full article

Tony Gutierrez/Associated Press Texas Attorney General Ken Paxton says a plan to sell the RadioShack Corp. ... Read full article

The owner of a small, struggling business can get sticker shock at the $100,000 to $300,000 price of a corporate reorganization in bankruptcy. Meet the Florida lawyer who fixed VitaChef Steamer Skillets’ financial problems for a fraction of that amount. ... Read full article

Honoree and former President Bill Clinton speaks on stage after receiving the inaugural Tina’s Wish Global Women’s Health Award during the 2015 Tina’s Wish Global Women’s Health Award Gala in New York. ... Read full article

Plethico Pharmaceuticals Ltd. , which has twice been accused of fraud in connection with a natural products company it sold in bankruptcy, may have once again negotiated its way out of legal trouble. ... Read full article

Wayne Parry/Associated Press Florida developer Glenn Straub, who recently bought Atlantic City, N.J.’s Revel Casino Hotel for pennies on the dollar, is demanding that the resort’s custom-built, $160 million po ... Read full article

Asim Hafeez/Bloomberg News Texas energy giant Energy Future Holdings Corp. has filed the restructuring plan that outlines how it hopes to reshape a $42 billion debt load and exit bankruptcy. ... Read full article

Creditors of Siga Technologies Inc. want to investigate the role the drug maker’s executives played in the PharmAthene Inc. dispute that drove Siga into bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article

Tony Gutierrez/Associated Press RadioShack is going back to basi ... Read full article

Wednesday in New York, American Airlines Group Inc. will ask a judge if it can distribute more than $230 million in stock it had set aside for claims disputes in its predecessor’s chapter 11 case. ... Read full article

A judge gave permission for lawyers in charge of long-dead manufacturer Yarway Corp. to pay hundreds of millions of dollars to individuals who said the company exposed them to asbestos. Read the Daily Bankruptcy Review article here . ... Read full article

Biofuel maker KiOR Inc. won a Delaware bankruptcy judge’s permission to begin soliciting votes from creditors on its restructuring plan. Read the Daily Bankruptcy Review article here . ... Read full article

EveryWare Global Inc ., maker of Anchor Hocking and Oneida kitchen products, filed for chapter 11 protection Tuesday with plans to implement a debt-for-equity swap with senior lenders. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article