Restructuring

General Motors’ bankruptcy estate is still holding onto $2.36 billion worth of securities in the reorganized auto maker, meaning old bondholders and other creditors will continue to see payments on top of the nearly $8 billion already received this spring and summer. Read the Daily Bankruptcy Review story here.

Chicago’s largest balloon seller has filed for bankruptcy protection, but owner Lee Kaufman insists the party isn’t over.

At 100 years old, helium-filled balloon distributor M.K. Brody & Co. still turns a profit but blamed its financial unease on several events that sucked the air out of its finances.

A Delaware corporate law judge gave Dynegy Inc. the green light Friday for a $1.7 billion restructuring designed to stave off bankruptcy, turning down Public Service Enterprise Group Inc.’s bid for an order to hold up the deal, Dow Jones Newswires reports.

The bankruptcy trustee in charge of troubled Chicago pizza chain Giordano’s is suing most of the restaurant’s franchise owners, accusing them of conspiring t

Eva Longoria is used to the spotlight, but the latest request for the actress’s appearance doesn’t involve the red carpet.