News Topic: Restructuring

This week on The Broke and the Beautiful, special-effects company Digital Domain has sunk into bankruptcy, and singer John Mayer is being targeted in a Ponzi-scheme lawsuit. Also, a record-label exec got $2 million from a lawsuit over “Whoomp! (There It ... Read full article

Reuters A US Airways plane passes American Airlines planes at Ronald Reagan National Airport in Washington in this April 23, 2012, file photo. American A ... Read full article

Associated Press A judge on Wednesday approved new collective-bargaining agreements between American Airlines’ parent and the unions representing its flight attendants and mechanics, an important but penultima ... Read full article

A New York judge on Tuesday grilled a lawyer representing Patriot Coal Corp.’s union workers over whether the company’s bankruptcy case should be moved to Charleston, W.V., home of most of Patriot’s coal mines. Read the Daily Bankruptcy Review article ... Read full article

Digital Domain Media Group Inc . said it filed for Chapter 11 bankruptcy and agreed to sell its core business to private investment firm Searchlight Capital Partners LP for $15 million. Click here to read the article in DBR Small Cap. ... Read full article

The owner of several U.S. luxury resorts says it was “compelled” to offer controversial buyer protections to Singapore’s real-estate investment arm in order to secure its $1.5 billion bid. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, R&B singer Toni Braxton is talking about her bankruptcies on VH1, and Young Buck’s trustee is done trying to sell the rapper’s intellectual property. Also, the wife of Ponzi schemer Scott Rothstein is charged ... Read full article

A judge cleared Central Falls, R.I., to emerge from Chapter 9 protection with a plan that would forgive some of its debts and finalize cuts to its retirees’ pension plans. Read the DBR Small Cap article  here . ... Read full article

Journal Register Co., the publisher behind local newspapers such as the New Haven Register, is back in bankruptcy protection, three years after emerging from a previous Chapter 11 stint. Read the Daily Bankruptcy Review article via The Wall Street Journal ... Read full article

Losses bankrupt solar power equipment maker Solyndra LLC racked up during its brief existence could translate into more than $300 million worth of tax breaks for private equity backers in the future, new court papers say. Read the Daily Bankruptcy Review ... Read full article

Bain Capital Partners’ Contec Holdings Ltd. plans a speedy trip through bankruptcy with a debt-for-equity swap that will displace the private-equity firm and leave banks in charge, attorneys said at a court hearing Friday. Read the Daily Bankruptcy Review ... Read full article

The last bridge Gerard Uzzi inspected was the Queensboro, a 103-year old behemoth spanning the East River. ... Read full article

Associated Press American Airlines grounds crew service and arriving flight at JFK International Airport in New York. In an unusual move, American Airlines pi ... Read full article

Associated Press This March 29, 2012, file photo, shows the beef product known as lean finely textured beef, or “pink slime, ” during a plant tour of Beef Products Inc. ... Read full article

Contec Holdings Ltd., the cable-box repair company owned by Bain Capital Partners, filed for Chapter 11 bankruptcy protection Wednesday with a plan in hand to restructure some $360 million in debt. Read the Daily Bankruptcy Review article here . ... Read full article

Agence France-Presse/Getty Images A bankruptcy judge urged union members to vote in favor of the final contract offered up by Hostess Brands Inc., a proposal both sides acknowledge represents the last hope for s ... Read full article

The U.S. Department of Energy and the Internal Revenue Service are demanding information on potential tax breaks that could allegedly be worth “hundreds of millions of dollars” to the private equity firms behind failed solar power equipment maker Solyndra ... Read full article

AP/dapd In this photo taken on Sept. ... Read full article