Restructuring

Corinthian Wins Liquidation Plan Approval

08/27/15

Defunct for-profit educator Corinthian Colleges Inc. won approval of a liquidation plan that will set aside some money for former students looking to discharge of loans, Daily Bankruptcy Review reports via The Wall Street Journal.

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Apache Railway Faces Nov. 30 Payment Deadline

08/26/15

Supporters of the bankrupt Apache Railway in rural Arizona face a Nov. 30 deadline to find $7.2 million to pay off investors who they say will pull the railroad’s steel tracks out of the ground and sell them for scrap.

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USA Discounters Enters Bankruptcy to Wind Down

08/26/15

Retailer USA Discounters Ltd., which has been accused of misleading U.S. service members, filed for chapter 11 bankruptcy protection to wind down, Daily Bankruptcy Review reports via The Wall Street Journal.

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Relativity Media Faces Pushback on Sale Hearing Timeline

08/25/15

An affiliate of Elliott Management wants to delay Relativity Media LLC ‘s sale hearing, Daily Bankruptcy Review reports via The Wall Street Journal.

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Judge Upholds Judgment Against Rennert and Renco

08/24/15

A judge upheld a multimillion-dollar judgment against Renco Group and leader Ira Rennert, Daily Bankruptcy Review reports via The Wall Street Journal.

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Next Week in Bankruptcy

08/21/15
Rapper 50 Cent exited a New York courthouse last month after testifying in a sex tape lawsuit.
Brendan McDermid/Reuters

Though he’s not exactly known for

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U.S. Government Settles With Altegrity in Whistleblower Suit

08/21/15

The federal government reached a settlement with Altegrity Inc. worth at least $30 million over a whistleblower lawsuit, Daily Bankruptcy Review reports via The Wall Street Journal.

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MF Global Creditors Slated for Nearly Full Recovery

08/20/15

The judge in MF Global’s bankruptcy set the stage for a nearly full recovery for creditors, Daily Bankruptcy Review reports via The Wall Street Journal.

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Are You Owed Money From a Decades-Old Bankruptcy Case?

08/19/15
Getty Images

The country’s bankruptcy courts are holding onto money for people who don’t realize it’s theirs.

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Patriot Coal Approved to Poll Creditors on Chapter 11 Plan

08/19/15

Patriot Coal Corp. will soon be able to poll creditors on its chapter 11 bankruptcy plan, Daily Bankruptcy Review reports.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

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