Restructuring

Next Week in Bankruptcy

06/26/15

On Monday in Manhattan, U.S. Bankruptcy Court Judge Shelley Chapman will be asked to approve a $1.28 billion settlement between Lehman Brothers Inc. and Barclays PLC, which bought Lehman’s brokerage business days after the investment bank’s 2008 collapse.

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Former RadioShack to Pursue ‘Broad Peace Treaty’ With Creditors

06/26/15
A RadioShack store is pictured in the Manhattan borough of New York in this January 15, 2015 file
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Rare-Earths Miner Molycorp Enters Chapter 11

06/25/15
Molycorp, the U.S.’s only rare-earths producer, is struggling to stay alive, partly because of problems at its mine and processing plant in Mountain Pass, CA.
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Salus Seeks Chapter 7 for RadioShack

06/24/15
European Pressphoto Agency

Salus Capital Partners LLC is pressing ahead with a bid to convert RadioShack Corp

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RadioShack Nears Final Reckoning in Bankruptcy

06/22/15
Sale signs greet customers walking to the RadioShack at Valley View Plaza in Marion, Ind., on Friday, Feb. 20, 2015. The store is among the Central Indiana Radio Shacks slated to close in the wake of the company’s Feb. 5 bankruptcy filing.
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David Cassidy Selling South Florida Home in Bankruptcy

06/19/15

This week on The Broke and the Beautiful, David Cassidy is selling off his house in bankruptcy, and Sonja Morgan gets to keep her New York City pad.

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Next Week in Bankruptcy

06/19/15
This image provided by RMK Services shows a Colt .45 SAA revolver that belonged to Robert LeRoy Parker, better known as Butch Cassidy.
Associated Press

A w

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Downey Trustee Reaches Settlement With FDIC

06/19/15

The bankruptcy trustee winding down the parent of Downey Savings & Loan has reached a settlement with the Federal Deposit Insurance Corp., closing the books on a legal fight over the rights to more than $444 million in tax refunds and other assets. Read the Daily Bankruptcy Review article here.

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Union Workers Hold Anti-Icahn March on Atlantic City Boardwalk

06/18/15
Members of Unite Here Local 54, which represents the Trump Taj Mahal and other Atlantic City, N.J., cooks, bartenders, waitresses and bellmen, protest benefit cuts along with members of other unions in front of the Trump Taj Mahal in Atlantic
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Archdiocese Seeks Judge’s Permission to Hire Criminal Defense

06/17/15

The Roman Catholic Archdiocese of St. Paul and Minneapolis has asked a bankruptcy judge for permission to hire a criminal defense team, after prosecutors in Minnesota filed charges against the archdiocese for allegedly failing to protect children from abusive priests.

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