Bankruptcy lawyers are often hired for the task of shutting down an unsalvageable business. Earlier this week, Louisiana lawyer Martin A. Schott was hired to resurrect a dead one. With a bankruptcy judge’s order, Mr. Schott is now in charge of shuttered ... Read full article
Energy Future Holdings Corp. heads to bankruptcy court Tuesday in Wilmington, Del., to defend its right to hang on to exclusive control of its $42 billion bankruptcy until June 23. The company originally wanted to ward off competing reorganization plans ... Read full article
Getty Images RadioShack’s long-awaited bankruptcy brought some good news for fans ... Read full article
Creditors are pushing for action in Energy Future Holdings Corp.’s $42 billion bankruptcy, a proceeding a bond trustee says is “meandering” along amid mounting professional fees. Read the Daily Bankruptcy Review article here . ... Read full article
Andrew Harrer/Bloomberg News Women’s dress and formalwear retailer Cache Inc. ... Read full article
The team unwinding Lehman Brothers Holdings Inc. boosted its estimate of how much cash it expects to bring in for creditors to $90.6 billion, buoyed primarily by a settlement with Lehman Brothers Bankhaus A.G., the German arm of Lehman’s ... Read full article
Care of National Sports Academy An upstate New York boarding school that’s sent 23 athletes to the Winter Olympics recently sought bankruptcy protection as administrators work to revive the 38-year-old institu ... Read full article
Associated Press Following 11th-hour negotiations, lawyers representing the Revel Casino Hotel’s bankruptcy lender and unsecured creditors unveiled a settlement on a vigorously contested $125 million financing ... Read full article
Unite Here Local 54 member Paul Smith, center, leads chants on Fifth Avenue as Taj Mahal casino workers rally outside Carl Icahn ‘s office. ... Read full article
This Dec. ... Read full article
A group of Atlantic City, N.J., casino workers rallied outside billionaire Carl Icahn ’s Manhattan office Thursday to protest benefit cuts made as part of a protracted battle to keep the Trump Taj Mahal from closing. The Wall Street Journal has the Daily ... Read full article
This Dec. ... Read full article
A judge approved a settlement between the trustee in charge of Jeffrey Soffer’s failed Fontainebleau Las Vegas casino project and the company’s former directors and officers that will put millions in creditors’ pockets. The Wall Street Journal has the ... Read full article
A bronze statue of Caesar is seen at Caesars Palace Hotel and Casino in Las Vegas. Zuma Press Creditors of Caesars Entertainment Corp.’s largest unit lin ... Read full article
In this image released by Warner Bros. Pictures, Bradley Cooper appears in a scene from “American Sniper.” Warner Bros. ... Read full article
This week on The Broke and the Beautiful, Teresa Giudice looks “so amazing” in prison, TLC is using Kickstarter to fund their final album, and Timothy Durham was profiled on CNBC true-crime TV show “American Greed.” ... Read full article
Shipping company Nautilus Holdings Ltd. has a chance to clear the final hurdle to leaving bankruptcy protection if a judge approves the Bermuda company’s reorganization plan next Friday. Judge Robert Drain of the U.S. Bankruptcy Court in White Plains, ... Read full article
The company behind the in-flight catalog SkyMall filed for Chapter 11 bankruptcy protection Thursday, a victim of evolving rules and technology that now lets airline passengers keep their smartphones and tablets powered up during flight. Read the Daily ... Read full article
Michael Capasso and Roy Neiderhoffer, who hope to revive the defunct New York City Opera, inside the Jazz at Lincoln Centers Frederick P. Rose Hall on Wednesday, Jan. ... Read full article
Bloomberg A federal appeals court in New York on Wednesday said a paperwork mistake rendered a $1.5 billion bank loan made years ago to struggling General Motors Co. ... Read full article
