Restructuring

The Dallas Stars hockey team was hemorrhaging cash in the years leading up to Thursday’s bankruptcy filing.

If you’re looking for economic optimism these days, you might not want to consult with those who focus on troubled companies.

A top restructuring industry trade group found that six in 10 of its members expect the economy to double dip within 18 months, according to a recent poll of its membership.

A judge on Wednesday approved Lehman Brothers Holdings Inc.’s deal with WCAS Fraser Sullivan Investment Management LLC, which allows Lehman to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review article here.

Lehman Brothers Holdings Inc. is going after dozens of former brokers who Lehman says must pay back bonus money they received when joining the firm, and so far the investment bank is faring quite well. Read the Daily Bankruptcy Review article here.

The Los Angeles Dodgers posted a $3.3 million net loss for the month of June, accordin