News Topic: Restructuring

The team unwinding Lehman Brothers Holdings Inc. has reached a $767 million settlement with Freddie Mac , which will result in Lehman Brothers releasing hundreds of millions of dollars more to customers. Read the Daily Bankruptcy Review article via ... Read full article

Overseas Shipholding Group Wednesday reached an agreement with holders of 60% of its $1.5 billion top-ranking loan on a Chapter 11 plan that will bring the oil tanker operation out of bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article

Julie Jacobson/Associated Press Gaming industry representatives stop to play various slot machines at the Global Gaming Expo on Sept. ... Read full article

Getty Images While the number of corporate bankruptcies dwindled again in 2013, a deart ... Read full article

Optim Energy LLC, an energy business owned by Bill Gates ’ investment company, filed for Chapter 11 bankruptcy protection Wednesday in Delaware, stating that its executives couldn’t get the consent they needed to borrow more money under a credit facility. ... Read full article

This week on The Broke and the Beautiful, the company behind the BottleRock music festival hits a sour note, and Girls Gone Wild made a settlement. Also, a group led by Magic Johnson bought the WNBA’s Los Angeles Sparks. ... Read full article

First Mariner Bancorp , the holding company for Maryland community bank 1st Mariner, filed for Chapter 11 bankruptcy Monday in order to sell its bank subsidiary. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

A rental-car company needs more money, a veggie business is hoping for a healthy sale and a thrift store starts to liquidate, and are all on the bankruptcy agenda next week. Advantage Rent a Car has asked to borrow an additional $20 million in bankruptcy ... Read full article

Plastipak Packaging Inc. of Michigan outbid Australia’s Amcor Ltd. at a bankruptcy auction for substantially all of the assets of Constar International Holdings LLC, a Philadelphia-based maker of plastic bottles, court papers say. Read the Daily ... Read full article

Optim Energy LLC, an energy business owned by Bill Gates ’ investment company, filed for Chapter 11 bankruptcy protection Wednesday in Delaware, stating that its executives couldn’t get the consent they needed to borrow more money under a credit facility. ... Read full article

First Mariner Bancorp , the holding company for Maryland community bank 1st Mariner, filed for Chapter 11 bankruptcy Monday in order to sell its bank subsidiary. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Julie Jacobson/Associated Press Gaming industry representatives stop to play various slot machines at the Global Gaming Expo on Sept. ... Read full article

Plastipak Packaging Inc. of Michigan outbid Australia’s Amcor Ltd. at a bankruptcy auction for substantially all of the assets of Constar International Holdings LLC, a Philadelphia-based maker of plastic bottles, court papers say. Read the Daily ... Read full article

A rental-car company needs more money, a veggie business is hoping for a healthy sale and a thrift store starts to liquidate, and are all on the bankruptcy agenda next week. Advantage Rent a Car has asked to borrow an additional $20 million in bankruptcy ... Read full article

This week on The Broke and the Beautiful, the company behind the BottleRock music festival hits a sour note, and Girls Gone Wild made a settlement. Also, a group led by Magic Johnson bought the WNBA’s Los Angeles Sparks. ... Read full article

Getty Images While the number of corporate bankruptcies dwindled again in 2013, a deart ... Read full article

A government watchdog wants to investigate the ties between Freedom Industries Inc.’s bankruptcy lawyers and key parties in its Chapter 11 case, including the company that acquired Freedom shortly before the chemical spill that tainted the water supply of ... Read full article

Reuters Girls Gone Wild founder Joe Francis arrives at the 2012 MTV Movie Awards in Los Angeles. A woman whose breasts were filmed on Girls Gone Wild witho ... Read full article