News Topic: Restructuring

This week on The Broke and the Beautiful, “Game of Thrones” star Lena Headey is in financial turmoil, and actor Kevin Costner is fighting a revenue dispute in bankruptcy court. Also, the NCAA is being accused on closing the books on an investigation too ... Read full article

U.S. Trustee Tracy Hope Davis, a federal bankruptcy monitor, is railing against Residential Capital LLC’s bid to pay bonuses to top employees, saying the company must do more to prove some of the bonuses comply with the Bankruptcy Code. Read the Daily ... Read full article

Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article

Reuters The creditors of MF Global Holdings Ltd. ... Read full article

European Pressphoto Agency Kevin Costner holds his Cesar of Honor as he poses for photographs at the Cesar awards ceremony held in Paris in February 2013. A payment dispute ... Read full article

A federal judge allowed Stockton, Calif., to restructure its finances under bankruptcy protection Monday, but he signaled it might have to cut payments to its pension fund, possibly setting a precedent for other cities. Read the Daily Bankruptcy Review ... Read full article

Getty Images When Congress overhauled the Bankruptcy Code in 2005, it directed bankruptcy watchdogs to ferret out fraud by auditing consumer debtors—audits those watchdogs can no longer afford. ... Read full article

Two hedge funds are asking that an outsider take over Patriot Coal Corp. in order to extricate it from a bitter fight with its miners union. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, singer Dionne Warwick says a little prayer in bankruptcy, and a new book paints a foul picture of Lenny Dykstra. Also, actor Alec Baldwin is helping out Central Falls High School in its bid to enter a chess ... Read full article

Associated Press The shell of A123 Systems Inc. left behind in bankruptcy is seeking to preserve millions of dollars in tax credits with the state of Michigan. ... Read full article

Associated Press A bankruptcy judge said it would be “inappropriate” to approve a $20 million exit package for the outgoing chief executive of American Airlines parent ... Read full article

Agence France-Presse/Getty Images Lehman Brothers Holdings Inc. ... Read full article

Some former partners of Howrey LLP have agreed to spend the next several months in settlement talks to avoid litigation over the defunct law firm’s 2011 collapse. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Arnold Turner/Invision/Associated Press In this Sept. ... Read full article

Powerwave Technologies Inc. may have to lay off hundreds of employees at its factories in Thailand, India and in Europe after a lender wouldn’t allow the struggling wireless-equipment maker to spend money on its overseas manufacturing plants, according to ... Read full article

Hedge fund Aurelius Capital Master Ltd. is suing an Energy Future Holdings Corp. unit and some current and former directors over a loan deal tied to the $32 billion leveraged buyout that loaded the Texas power company with debt. Read the Daily Bankruptcy ... Read full article

European Pressphoto Agency The publisher of Reader’s Digest doled out $28 million to insiders in the year before its most recent bankruptcy filing, its second Chapter 11 filing in less than four years. ... Read full article

China Daily/Reuters Suntech Power Holdings Co. ... Read full article