News Topic: Restructuring

Solyndra’s trash is two California artists’ treasure. Since filing for bankruptcy protection last September, the failed solar company has abandoned thousands of the cylindrical glass tubes that made its solar panels unique (and were its namesake). Now, ... Read full article

Associated Press An American Airlines fleet clerk unloads a baggage can. A judge on Wednesday said American Airlines parent AMR Corp. ... Read full article

Associated Press It’s still not clear whether San Diego marijuana dispensary Mother Earth’s Alternative Healing Cooperative Inc. ... Read full article

Agence France-Presse/Getty Images Members of Hostess Brands Inc.’s largest union are set to vote on a final labor contract offer from the troubled company, a proposal that calls for some “deep” concessions and c ... Read full article

Singapore’s real-estate investment arm is offering to buy four U.S. luxury resorts from hedge fund Paulson & Co. for $1.5 billion, subject to higher bids at a bankruptcy auction. Read the Daily Bankruptcy Review article here . ... Read full article

ATP Oil & Gas Corp. filed for Chapter 11 bankruptcy protection Friday, hit by the rising costs associated with its deep-water drilling projects in the Gulf of Mexico. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

This week on The Broke and the Beautiful, the SEC accuses former University of Georgia football coach Jim Donnan of running a Ponzi scheme, and Evander Holyfield wants to avoid a knockout in bankruptcy. Also this week, a museum Julia Child helped start is ... Read full article

Getty Images Barclays is standing tall in the world of debtor-in-possession financing this year. ... Read full article

A judge on Thursday granted broad subpoena power to the independent examiner investigating Residential Capital LLC’s relationship with parent Ally Financial Inc., though he agreed with private equity firm Cerberus Capital Management LP to limit the number ... Read full article

Inner City Broadcasting Corp. says it’s the victim of a scheme to steal the art right off its walls and is fingering its own bankrupt subsidiary and a group of its senior lenders as the culprits. ... Read full article

Associated Press An American Airlines fleet clerk unloads a baggage can. How much does it cost a company to keep an eye on the fees that its attorneys, adv ... Read full article

Elpida Memory Inc. bondholders have filed a bankruptcy-exit plan that values the company at $3.85 billion, well over the price rival Micron Technology Inc. has offered to pay for the distressed chip maker. Read the Daily Bankruptcy Review article here . ... Read full article

Reuters The trustee unwinding Lehman Brothers Holdings Inc.’s brokerage business has agreed to sell the company’s stake in a gas shipping business to Wilbur Ross for $110 million. ... Read full article

This week on The Broke and the Beautiful, it’s a family affair. Olympic gold medalist Gabby Douglas’s mom is in bankruptcy, and comedian and actor Russell Brand’s dad just narrowly avoided it. Also, former big leaguer Jose Canseco says bankruptcy can ... Read full article

Tribune Co. has put a price tag on the damage that it says would be caused if its exit from Chapter 11 is delayed while unhappy creditors appeal its bankruptcy-exit plan: at least $1.5 billion and perhaps as much as $3 billion. Read the Daily Bankruptcy ... Read full article

Getty Images In bankruptcy, you need to spend money to save money, even if that means spending it on the same management team that steered a business into Chapter 11. ... Read full article

Phil Falcone’s Harbinger Capital Partners has said an investigation by lenders to LightSquared into so-called insider loans the wireless company received is meant to “embarrass” and “harass” the hedge fund. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press Construction equipment sits amid debris during the demolition of the old Yankee Stadium, which Demco Inc. ... Read full article