Honoree and former President Bill Clinton speaks on stage after receiving the inaugural Tina’s Wish Global Women’s Health Award during the 2015 Tina’s Wish Global Women’s Health Award Gala in New York.
Florida developer Glenn Straub, who recently bought Atlantic City, N.J.’s Revel Casino Hotel for pennies on the dollar, is demanding that the resort’s custom-built, $160 million po
Texas energy giant Energy Future Holdings Corp. has filed the restructuring plan that outlines how it hopes to reshape a $42 billion debt load and exit bankruptcy.
Creditors of Siga Technologies Inc. want to investigate the role the drug maker’s executives played in the PharmAthene Inc. dispute that drove Siga into bankruptcy. Read the Daily Bankruptcy Review article here.
Wednesday in New York, American Airlines Group Inc. will ask a judge if it can distribute more than $230 million in stock it had set aside for claims disputes in its predecessor’s chapter 11 case.
A judge gave permission for lawyers in charge of long-dead manufacturer Yarway Corp. to pay hundreds of millions of dollars to individuals who said the company exposed them to asbestos. Read the Daily Bankruptcy Review article here.
Biofuel maker KiOR Inc. won a Delaware bankruptcy judge’s permission to begin soliciting votes from creditors on its restructuring plan. Read the Daily Bankruptcy Review article here.
EveryWare Global Inc ., maker of Anchor Hocking and Oneida kitchen products, filed for chapter 11 protection Tuesday with plans to implement a debt-for-equity swap with senior lenders. The Wall Street Journal has the Daily Bankruptcy Review article here.
An affiliate of India’s Aurobindo Pharma has hurled allegations of fraud at the former owner of a natural products company it bought out of a U.S. bankruptcy proceeding, Natrol Inc. Read the Daily Bankruptcy Review article here.