News Topic: Restructuring

There will be no more cowboy-hatted lawyers gracing your late-night TV screen. At least, not for now. Binder & Binder, one of the nation’s largest federal disability benefits firms, pulled the plug on its ubiquitous TV-ad campaign . The cost-cutting ... Read full article

Getty Images Experts who want to fix the nation’s bankruptcy laws so that more struggling companies survive kept an important question in mind during their two-year project on reform: What’s the point of fixin ... Read full article

A Texas jury on Friday awarded hedge-fund firm Highland Capital Management $40 million in its lawsuit against Credit Suisse over inflated appraisals of a dozen luxury properties such as golf communities and ski resorts during the mid-2000s. The Wall ... Read full article

Binder & Binder, one of the nation’s largest Social Security disability firms, filed for bankruptcy protection Thursday night amid shrinking demand for its services as government scrutiny of disability claims tightens. The Wall Street Journal has the ... Read full article

The new Apple Watch is pictured during an Apple event at the Flint Center for the Performing Arts in Cupertino, California, in this Sept. 9, 2014 file photo. ... Read full article

Mel Evans/Associated Press A bankruptcy judge on Friday scrapped a $110 million deal to sell Atlantic City, N.J.’s closed Revel Casino Hotel to a Canadian private-equity firm. ... Read full article

Reuters Former MF Global customers, as well as the administrator in charge of the defunct brokerage, are fighting a bid by Jon S. ... Read full article

Modern Vice’s boots are made for walking. Come next week, they’ll be walking to the bankruptcy auction block. ... Read full article

A series of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme will go before a bankruptcy judge Wednesday in Manhattan for final approval. The settlements include a $95 million deal struck with Senator Fund SPC, an investment fund ... Read full article

Tactical Firearms A bankrupt gun retailer in suburban Houston that hasn’t been shy abou ... Read full article

Lehman Brothers says a former trader received his entire $84 million bonus in 2008. Now the failed bank claims he is asking for it again. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

The leader of Bernard Madoff ’s broker-dealer business was sentenced to 10 years in prison on Monday for aiding one of the largest financial frauds in U.S. history with “his meticulous bookkeeping and averted eye,” reports WSJ . ... Read full article

The American Bankruptcy Institute unveiled its long-awaited Chapter 11 reforms Monday morning, which aim to help struggling businesses but also propose to take away perks for lenders who extend bankruptcy loans and to remove protections for some investors ... Read full article

The Wall Street Journal reports that teen retailer Delia’s filed for Chapter 11 bankruptcy protection. ... Read full article

While restructuring professionals have proposed some interesting changes to the bankruptcy code , it’s also striking what their 370-page report leaves out. Here are some hot topics in the bankruptcy world that  wouldn’t  be affected: Distressed-Debt ... Read full article

The Trump Taj Mahal Casino Resort in Atlantic City, N.J. Wayne Parry A courtroom showdown over the fate of Trump Entertainment Resorts Inc. ... Read full article

Teen clothing retailer Delia*s  Inc. will file for bankruptcy and shut down after it couldn’t find a merger partner or another source of money to survive after years of steady losses, The Wall Street Journal reports . The retailer’s shelves could start ... Read full article

The Trump Taj Mahal Casino is illuminated at dusk in Atlantic City, N.J., Oct. ... Read full article