News Topic: Restructuring

Bloomberg Warren Buffett A judge on Monday granted the wish of Warren Buffett’s Berkshire Hathaway Inc. ... Read full article

Residential Capital LLC says Warren Buffett’s Berkshire Hathaway Inc. made an offer to buy all of ResCap’s equity for $1 before the mortgage servicer was put into bankruptcy last month. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, Westlife singer Shane Filan is crooning the bankruptcy blues, and Stephen Baldwin lost a lawsuit against fellow actor Kevin Costner. Also, Curt Schilling was sued personally for $2.4 million over a loan from ... Read full article

The trustee unwinding the brokerage of MF Global Holdings Ltd. struck a deal with CME Group Inc. that will see the futures-exchange operator turn over about $130 million in property that will go to former customers of the collapsed firm. Read the Daily ... Read full article

A U.S. federal judge refused Wednesday to enforce Mexican glassmaker Vitro SAB’s controversial debt restructuring in a closely watched bankruptcy case that threatened to sever the cross-border business cooperation between the two nations’ legal systems. ... Read full article

Associated Press/Howard County Police Department A medical marijuana grower’s i ... Read full article

Jonathan Nackstrand/AFP/Getty Images Saab Automobile AB’s assets have been sold to electric-vehicle group National Electric Vehicle Sweden, Driver’s Seat ... Read full article

LightSquared on Monday said it has reached an agreement in principle on a bankruptcy loan from a group of its lenders, as the wireless satellite company’s fight with another group of lenders over whether it can use the cash secured by the loans continues. ... Read full article

Associated Press Steel from Wheeling Corrugated has been used to rebuild the World Trade Center site. Employees of a West Virginia steel company whose products have been used in such feats of engineering as the Hoover Dam and the ... Read full article

As Tribune Co. closes in on confirmation of its Chapter 11 plan, attention has turned to the big-ticket litigation over the failed leveraged buyout that drove the media company to bankruptcy more than three years ago. Read the Daily Bankruptcy Review ... Read full article

This week on The Broke and the Beautiful, “Real Housewife of New Jersey” Danielle Staub isn’t lighting up the TV screens but is instead starring in her own Chapter 7 case. Also, former Boston Red Sox pitcher Curt Schilling’s videogame company may need ... Read full article

Former Boston Red Sox pitcher Curt Schilling’s videogame company, 38 Studios LLC, filed for Chapter 7 bankruptcy liquidation. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Associated Press/Philadelphia Inquirer Peter Nero in April 2011 The Philadelphia Orchestra Association is in the final stages ... Read full article

A federal judge dismissed Bank of America Corp.’s lawsuit against units of Deutsche Bank AG and BNP Paribas SA, a win for the two foreign banks in their $1.75 billion dispute over losses suffered when a subsidiary of disgraced mortgage lender Taylor Bean ... Read full article

By Jennifer Smith ... Read full article

Getty Images A judge on Tuesday ruled largely for Barclays PLC in the bank’s ongoing dispute with the trustee unwinding Lehman Brothers Holdings Inc.’s brokerage stemming from Barclays’ 2008 purchase of the brokerage, a decision th ... Read full article

By William Kazer ... Read full article

The Department of Justice’s point man for bankruptcy cases on Monday challenged attorneys’ resistance to his bid to ensure the “extraordinarily large” fees he says they charge are reasonable and warranted Read the Daily Bankruptcy Review story here . ... Read full article