News Topic: Restructuring

A bankruptcy judge on Thursday approved Genco Shipping and Trading Ltd.’s restructuring agreement with lenders and creditors, setting the shipping company on a path to exit bankruptcy in less than seven weeks. Read the Daily Bankruptcy Review article here ... Read full article

Girls Gone Wild founder Joe Francis arrives at the 2012 MTV Movie Awards in Los Angeles. Reuters It turns out Joe Francis isn’t the only one interested in ... Read full article

Wilmington Hammerheads defenseman Dylan Riley, right, battles for possession with Pittsburgh Riverhounds midfielder Matthew Kassal, left, at Legion Stadium in Wilmington, N.C., in April 2012. ... Read full article

Investors who bought several restaurants that fueled the dining boom in Washington, D.C.’s Capitol Hill neighborhood are accusing the D.C. restaurateur who sold the eateries of sabotaging the restaurants in a scheme to take them back. And they want their ... Read full article

Officials in charge of liquidating a pair of failed Irish banks are asking a U.S. bankruptcy judge to sign off on sales involving about EUR15 billion ($20.72 billion) in soured loans, as Ireland continues to dig out from the wreckage of its collapsed ... Read full article

Quantason LLC , which is developing an advanced ultrasound to screen for breast cancer, filed for Chapter 11 protection Wednesday with the hopes of finding a buyer. ... Read full article

In this June 20, 2013 photo, Alfred Almada, of West Hartford, Conn., practices at the Connecticut Amateur Jai Alai in Berlin, Conn. Erin Covey/Associated Press < ... Read full article

Quantason LLC , which is developing an advanced ultrasound to screen for breast cancer, filed for Chapter 11 protection Wednesday with the hopes of finding a buyer. ... Read full article

In this June 20, 2013 photo, Alfred Almada, of West Hartford, Conn., practices at the Connecticut Amateur Jai Alai in Berlin, Conn. Erin Covey/Associated Press < ... Read full article

Reuters People who are suing General Motors Co. over an ignition-switch defect want a bankruptcy judge to declare that the auto maker’s government-orchestrated sale in 2009 doesn’t shield it from liability for ... Read full article

Reuters People who are suing General Motors Co. over an ignition-switch defect want a bankruptcy judge to declare that the auto maker’s government-orchestrated sale in 2009 doesn’t shield it from liability for ... Read full article

New York shipping tycoon Peter Georgiopoulos’s Genco Shipping & Trading filed for Chapter 11 bankruptcy protection Monday, with a prepackaged restructuring plan that was hammered out with creditors and unveiled earlier this month. Read the Daily ... Read full article

New York shipping tycoon Peter Georgiopoulos’s Genco Shipping & Trading filed for Chapter 11 bankruptcy protection Monday, with a prepackaged restructuring plan that was hammered out with creditors and unveiled earlier this month. Read the Daily ... Read full article

A bankruptcy judge ruled Thursday that former American Airlines parent AMR Corp. doesn’t have the unilateral right to terminate health and welfare benefits for nearly 47,000 union and nonunion retirees. Read the Daily Bankruptcy Review article via The ... Read full article

A bankruptcy judge ruled Thursday that former American Airlines parent AMR Corp. doesn’t have the unilateral right to terminate health and welfare benefits for nearly 47,000 union and nonunion retirees. Read the Daily Bankruptcy Review article via The ... Read full article

Mikel R. Bistrow and Christopher Celentino have joined law firm Ballard Spahr LLP as partners in the San Diego office. Ms. Bistrow and Mr. ... Read full article

Party-goods supplier Event Rentals Inc. is kicking off the week in bankruptcy with a Monday auction of its assets. A group of the company’s senior lenders, including Cerberus Capital Management, has been approved as the lead bidder with a $124 million ... Read full article

Defunct bitcoin exchange Mt. Gox has given up its plan to rebuild under bankruptcy protection and said it has agreed with a Tokyo court on the first step toward liquidation. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article