The Examiners: Public Scrutiny Makes Prepa Restructuring Unique
Puerto Rico’s Prepa utility has until mid-December to come up with a new business plan and early March to propose a debt-restructuring plan. ... Read full article
Puerto Rico’s Prepa utility has until mid-December to come up with a new business plan and early March to propose a debt-restructuring plan. ... Read full article
Associated Press Atlantic City, N.J.’s Revel Casino will be sold to private-equity firm Brookfield Capital Partners LP for $110 million, a U.S. ... Read full article
Apple Inc. won’t be using GT Advanced sapphire in its iPhones. Reuters Apple Inc. ... Read full article
Puerto Rico’s Prepa utility has until mid-December to come up with a new business plan and early March to propose a debt-restructuring plan. ... Read full article
Puerto Rico’s Prepa utility has until mid-December to come up with a new business plan and early March to propose a debt-restructuring plan. ... Read full article
Associated Press Trump Entertainment Resorts lost a bid Friday to pull out immediately from the pension fund for 1,135 unionized employees at the Trump Taj Mahal, a decision that could mean only a brief reprie ... Read full article
This week on The Broke and the Beautiful, a judge handed down prison sentences to “Real Housewives of New Jersey” stars Teresa and Joe Giudice, and some other “RHONJ” stars are in the news as well. Also, Detroit has made a major impression on Ben Affleck, ... Read full article
The slow-but-sure liquidation of Lehman Brothers Holdings Inc.’s assets continued during the first half of 2014, as the failed investment bank still had more than $4 billion in private equity and real estate assets as of June 30. Read the Daily Bankruptcy ... Read full article
Associated Press In what’s expected to be a contested sale hearing, Revel Casino Hotel in Atlantic City, N.J., will ask a bankruptcy court judge on Tuesday to approve a $110 million sale to ... Read full article
Brothers Sandy Rosen, left, and Ken Rosen Growing up in northern New Jersey, fraternal twin brothers Ken and Sandy Rosen didn’t share a dream of becoming bankruptcy lawyers. ... Read full article
A view of Stockton City Hall Reuters The federal judge overseeing the bankruptcy of Stockton, Calif., ruled that the city has the power to cut its pensio ... Read full article
Tactical Firearms A bankrupt gun retailer and shooting range in suburban Houston that loudly filed for bankruptcy in June— ... Read full article
Getty Images Brookfield Asset Management won the auction for ... Read full article
Associated Press Billionaire Carl Icahn says he’d consider pumping $100 million into Trump Entertainment’s Taj Mahal if the casino’s union workers ag ... Read full article
Melanie Cohen As Crumbs Bake Shop Inc. began its final descent i ... Read full article
Getty Images The search for buyers for the empty Revel Casino Hotel will begin again on Tuesday. ... Read full article
Getty Images An auction to sell Atlantic City, N.J.’s Revel Casino Hotel will resume next week after no winner was chosen Wednesday afternoon. ... Read full article
The operator of the Indiana Toll Road’s fast-track restructuring is under way, with an October court date to secure approval of its plan to tackle some $6 billion in debt. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article
MF Global’s creditors, who have waited nearly three years to get paid, will have to wait a little longer after a bankruptcy judge Monday held off approving its bid to repay them $295 million. Read the Daily Bankruptcy Review article in The Wall Street ... Read full article
The debt-stricken operator of an Indiana Toll Road filed for bankruptcy protection Sunday with a plan to get restructure some $6 billion debt by selling its assets or, alternatively, reorganizing its business. Read the Daily Bankruptcy Review article here ... Read full article