News Topic: Restructuring

Carlos Osorio/Associated Press A view of the city of Detroit from midtown. Municipal bond insurers are accusing Detroit of illegally spending certain tax ... Read full article

Getty Images The team winding down what is left of Lehman Brothers Holdings Inc. ... Read full article

Associated Press The Atlantic Club Casino Hotel filed for Chapter 11 bankruptcy protection Wednesday, a move that is part of a plan to put its Atlantic City gambling business up for auction, according to sources familiar with the ... Read full article

Mike Ehrmann/Getty Images Philadelphia Phillies player Cole Hamels pitches during a game against the Miami Marlins in Miami in September 2013. Two profes ... Read full article

Simply Wheelz LLC, which does business as Advantage Rent A Car, filed for Chapter 11 protection Tuesday, months after its spinoff from Hertz Corp. Read the Daily Bankruptcy Review article here . ... Read full article

Spencer Platt/Getty Images Idled school buses are viewed at the Atlantic Express Transportation Crop. ... Read full article

Vintner Richard Sanford may have found the ingredient that will keep the wine flowing at his Alma Rosa Winery & Vineyards: EnCap Investments LP’s Robert Zorich. Mr. Zorich has offered to purchase the Santa Ynez Valley, Calif., property for $1.7 ... Read full article

Getty Images DMX After the Justice Department called out DMX on some problems with his bankruptcy filing, the rapper said he’ll do what it takes to successful ... Read full article

Golf retailer Edwin Watts Golf Shops LLC filed for bankruptcy with assets and debts each between $100 million and $500 million, Reuters reports . ... Read full article

Patriot Coal Corp. Thursday said it has reached preliminary deals to secure $576 million in bankruptcy-exit financing. Read the Daily Bankruptcy Review article here . ... Read full article

Read more about Brazilian oil company OGX Petroleo e Gas Participacoes SA ’s descent into bankruptcy protection in The Wall Street Journal . ... Read full article

Reuters Lee Farkas in his June 2010 booking photo Former mortgage executive Lee Farkas is asking a judge to toss his conviction for orchestrating a multi ... Read full article

This week on The Broke and the Beautiful, Tori Spelling is having money problems, and the bakery made famous by the movie “Moonstruck” filed for bankruptcy. Also, the U.S. trustee in DMX’s bankruptcy wants to shut down his case. ... Read full article

A U.S. judge Thursday cleared the way for  Paul Singer ’s hedge fund Elliott Management and King Street Capital Management LP to buy a multibillion-dollar bankruptcy claim owed to a Lehman Brothers U.K. subsidiary at a discount. Read the Daily Bankruptcy ... Read full article

Associated Press The remnants of Lehman Brothers Holdings Inc. ... Read full article

Detroit’s ready to make a case for its bankruptcy eligibility Wednesday, The Wall Street Journal reports . ... Read full article

Stephen Lovekin/Getty Images DMX performs onstage at the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on Sept. ... Read full article

Electricity producer NRG Energy Inc. is set to buy Edison Mission for $2.6 billion, The Wall Street Journal reports . ... Read full article