Restructuring

The Daily Docket: Aereo Approved to Auction TV Streaming Technology

12/29/14

A bankruptcy judge said Aereo Inc. can auction its TV streaming technology after the company struck a deal with broadcasters over the sale process. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Binder & Binder Pulls the Plug on TV Ads

12/23/14

There will be no more cowboy-hatted lawyers gracing your late-night TV screen. At least, not for now.

Binder & Binder, one of the nation’s largest federal disability benefits firms, pulled the plug on its ubiquitous TV-ad campaign. The cost-cutting move, which will save the firm more than $1 million a month, is just one way Binder is trying to turn its business around as part of a Chapter 11 restructuring.

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Proposed Fixes Would Try to Make Bankruptcy Cheaper

12/22/14

: Getty Images

Experts who want to fix the nation’s bankruptcy laws so that more struggling companies survive kept an important question in mind during their two-year project on reform: What’s the point of fixin

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The Daily Docket: Highland Capital Wins $40 Million in Suit Against Credit Suisse

12/22/14

A Texas jury on Friday awarded hedge-fund firm Highland Capital Management $40 million in its lawsuit against Credit Suisse over inflated appraisals of a dozen luxury properties such as golf communities and ski resorts during the mid-2000s. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: Binder & Binder Enters Chapter 11

12/19/14

Binder & Binder, one of the nation’s largest Social Security disability firms, filed for bankruptcy protection Thursday night amid shrinking demand for its services as government scrutiny of disability claims tightens. The Wall Street Journal has the Daily Bankruptcy Review article here.

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The Daily Docket: GT Advanced Wins Approval of Settlement With Apple

12/16/14

: The new Apple Watch is pictured during an Apple event at the Flint Center for the Performing Arts in Cupertino, California, in this Sept. 9, 2014 file photo.

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The Daily Docket: Judge Nixes Revel Sale Deal

12/15/14

: Mel Evans/Associated Press

A bankruptcy judge on Friday scrapped a $110 million deal to sell Atlantic City, N.J.’s closed Revel Casino Hotel to a Canadian private-equity firm.

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New York Shoe Brand Modern Vice Up for Sale

12/12/14

Modern Vice’s boots are made for walking. Come next week, they’ll be walking to the bankruptcy auction block.

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Forward Motions: Judge to Consider Madoff Feeder Fund Settlements

12/12/14

A series of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme will go before a bankruptcy judge Wednesday in Manhattan for final approval.

The settlements include a $95 million deal struck with Senator Fund SPC, an investment fund that parked all of its money with Mr. Madoff, and a $497 million deal to collect money from Herald Fund SPC and Primeo Fund.

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