News Topic: Restructuring

Konrad Fiedler/Bloomberg News Chinese investment firm Sailing Capital and Chinese conglomerate Sanpower teamed up to buy Brookstone Holdings Corp. ... Read full article

Energy Future Holdings Corp.’s proposal to get out from under a claimed $1.3 billion premium payment to bondholders has two bond trustees crying foul. Read the Daily Bankruptcy Review article here . ... Read full article

A Lehman Brothers Holdings Inc. subsidiary that owns the Canyon Ranch Hotel & Spa, Miami Beach filed for Chapter 11 bankruptcy protection Sunday to ease the sale of the luxury property to the owner and manager of a portfolio of hotels that includes ... Read full article

An Energy Future Holdings Corp. unit on Thursday will seek bankruptcy-court approval to borrow more than $1.9 billion. The Wilmington, Del., bankruptcy court will take up the borrowing request, which includes a $1.9 billion loan, plus another $95 million ... Read full article

A Coldwater Creek store in downtown Seattle. Associated Press/Elaine Thompson Creditors are keeping a tight rein on spending in the Coldwater Creek Inc. ... Read full article

When Washington, D.C., restaurateur Richard Cervera filed for personal bankruptcy last year, he didn’t tell the court that he had gained a slice of ownership in several Capitol Hill restaurants just nine days prior. Nor did he mention that he was ... Read full article

A federal bankruptcy judge Wednesday approved Anadarko Petroleum Corp.’s $5.15 billion settlement of fraud claims from a 2006 acquisition, the largest environmental settlement ever won by the U.S. government. The Wall Street Journal has the Daily ... Read full article

European Pressphoto Agency Victims that lost money as a result of General Motors Co.’s ignition-switch problem could be forced to battle Old GM creditors for the remains of a trust that contains just more than $1 billion, accord ... Read full article

The U.S. Environmental Protection Agency has hit Exide Technologies with a notice of violation for air contamination at a California plant that serves as a cheap source of lead for its battery-making business. The Wall Street Journal has the Daily ... Read full article

Energy Future Holdings Corp. has agreed to discuss an alternative bankruptcy loan offer from a group of bondholders it’s trying to win over as it pushes ahead on a multi-front restructuring strategy. The bankruptcy loan offer comes from the smallest and ... Read full article

Energy Future Holdings Corp.’s $42 billion bankruptcy will remain in Delaware, a judge said Thursday, dashing the hopes of unhappy creditors who wanted to see the big Chapter 11 case moved to the company’s home state of Texas. The Wall Street Journal has ... Read full article

When Hurricane Sandy hit the northeast in late 2012, devastating parts of New York and New Jersey, many turned to local organizations asking for ways to help those that didn’t weather the storm well. As residents up and down the East Coast came together ... Read full article

Creditors have raised questions about what happened in the final days before Coldwater Creek handed over the keys to its 330-store chain to liquidators in bankruptcy. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Will Energy Future Holdings Corp.’s massive restructuring play out on the East Coast or in its home state of Texas? According to Texas’s attorney general, he doesn’t really care. ... Read full article

Konrad Fiedler/Bloomberg News Brookstone Holdings Corp.’s creditors can begin voting on a bankruptcy-exit plan that relies on the sale of the specialty retailer at an upcoming auction. ... Read full article

The TXU Monticello Steam Electric Station power plant near Mt. ... Read full article

A government bankruptcy watchdog wants the attorneys and advisers working on Freedom Industries Inc.’s Chapter 11 case to temporarily forgo some of their fees until it’s determined how much the company will need to pay to clean up the West Virginia ... Read full article

Senior lenders of a major Energy Future Holdings Corp. unit have moved to protect their claim to a $665 million early-payment premium, which was thrown into jeopardy when the company filed for bankruptcy protection. The Wall Street Journal has the Daily ... Read full article