News Topic: Restructuring

For the Bankruptcy Beat team, PACER (which stands for Public Access to Court Electronic Records) is basically a way of life. The federally mandated system, managed by the Administrative Office of the U.S. Courts, began in 1988 as a pilot program. It was ... Read full article

Peppermint with Oreo The ice cream of the future may have dodged its apocalypse. ... Read full article

Associated Press Sen. Chris Dodd, left, and Rep. ... Read full article

This week on The Broke and the Beautiful, Newt Gingrich’s think tank elects for bankruptcy protection, and the Dodgers and AFA Foods have a surprising connection. Also this week, Young Buck’s intellectual property is rapping its way toward the auction ... Read full article

The lights will go out on the Kodak name in New York’s Times Square if the imaging company wins bankruptcy-court approval to transfer the lease to its giant digital billboard there. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

While not necessarily predicting a bust to Brazil’s boom, a budding group of turnaround professionals in the South American nation are getting ready for what they see as an inevitable shakeup. An abundant supply of credit over the past decade, a loss of ... Read full article

Creditors of Hostess Brands Inc. said in court papers the company may have “manipulated” its executives’ salaries higher in the months leading up to its Chapter 11 filing, in what the creditors called a possible effort by Hostess to “sidestep” Bankruptcy ... Read full article

Jefferson County, Ala., is worried that it could be exposed to another multimillion-dollar debt on a lawsuit with Wall Street bond insurers. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Reddy Ice Holdings Inc. is considering seeking bankruptcy protection in a prearranged deal with lenders and other stakeholders as it continues to incur losses, the company said in a regulatory filing. Read the Daily Bankruptcy Review article here . ... Read full article

In a news release, Pinnacle Airlines Corp.  says that it and its subsidiaries have filed for Chapter 11 bankruptcy protection. ... Read full article

This week on The Broke and the Beautiful, the Los Angeles Dodgers have scored a new owner in basketball superstar Magic Johnson. Also, Dolby is making noise about acquiring naming rights to the former Kodak Theatre. ... Read full article

According to The Wall Street Journal , investigators are probing whether a $175 million transfer from an MF Global Holdings Ltd. customer account three days before the firm’s bankruptcy may have run afoul of Securities and Exchange Commission and CME ... Read full article

When charter-air servicer Direct Air suddenly canceled service and filed for bankruptcy earlier this month, it left many customers stranded and frustrated. But there did seem to be some good news—customers would be able to get unused ticket refunds ... Read full article

Bloomberg News Two days after failed solar-power company Solyndra filed for Chapter 11 bankruptcy protection, its California headquarters became the site for a surprise raid ... Read full article

Getty Images Monday marked the three-month anniversary of Eastman Kodak Co.’s Chapter 11 filing, so it’s about time for the imaging company’s attorneys and advisers to be callin ... Read full article

Lawyers for Treasury Secretary Timothy Geithner said he will respond to questions from Lehman Brothers Holdings Inc.’s creditors over allegations that J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank ... Read full article

It’s been a rough few years for Thumb Oilseed Cooperative Inc. With its second product recall for salmonella in as many years, the Michigan soy product producer landed in Chapter 11 Monday. Thumb Oilseed sells soy flour, soy grits and refined soy oil ... Read full article

The Western Mohegan Tribe & Nation of New York has filed for bankruptcy protection. Against the Native American community’s grip of sovereign rights, the request for protection from a federal court would be a jarring development—that is, if only the ... Read full article