News Topic: Restructuring

Bloomberg News This Sunday, the brightest stars in film will don their Marchesa gowns, Harry Winston jewels and Armani tuxes to walk the red carpet at the ... Read full article

A bankruptcy judge cleared the Los Angeles Dodgers to advance their plan for a new owner to take the ball club out of Chapter 11. Read the Daily Bankruptcy Review article here . ... Read full article

Bloomberg News A US Airways Group Inc. plane takes off behind American Airlines Inc. ... Read full article

The financially struggling operator of Small Smiles Dental filed for Chapter 11 bankruptcy protection to begin the process of selling its operations to repay its debts. Read the Daily Bankruptcy Review article here . ... Read full article

The U.S. National Slavery Museum recently filed a plan to exit bankruptcy protection and restart fundraising so it may someday share its collection of slavery artifacts and documents with the public. Five months after filing for Chapter 11 protection, the ... Read full article

Louis Freeh, the bankruptcy trustee overseeing MF Global Holdings Ltd.’s Chapter 11 case, says a forensic analysis has determined none of the estimated $1.6 billion in missing customer cash ended up in the company’s account at J.P. Morgan Chase & Co. ... Read full article

This week on The Broke and the Beautiful, Gary Busey’s assets are revealed. Also, Tionne “T-Boz” Watkins’s bankruptcy case has been dismissed, and Don Henley’s nonprofit group will return half of the donation it got from Ponzi-scheme operator Scott ... Read full article

Lehman Brothers Holdings Inc. and its creditors said they want to subpoena Treasury Secretary Timothy Geithner over allegations J.P. Morgan Chase & Co. illegally siphoned billions of dollars from the collapsing investment bank before it filed for ... Read full article

A group of hedge funds and investment firms calling itself the ad hoc committee of senior noteholders divulged their stakes Global Aviation Holdings Inc.’s debt. Bankruptcy law requires investors to publicly disclose their identities and their holdings if ... Read full article

Associated Press Dodger Stadium A second round of bidding is under way for the Los Angeles Dodgers, the Los Angeles Times ... Read full article

A judge on Wednesday said Eastman Kodak Co. could continue borrowing on its $950 million bankruptcy loan from Citigroup Inc., after satisfying several parties’ concerns with it. Read the Daily Bankruptcy Review article here . ... Read full article

Washington Mutual Inc. is looking at trouble Thursday when it makes its third attempt to get its $7 billion Chapter 11 plan confirmed, thanks to a significant “no” vote by preferred shareholders. Read the Daily Bankruptcy Review article here . ... Read full article

The trustee supervising the liquidation of MF Global Holdings’ brokerage on Friday said that more than $1.6 billion in customer cash remains out of his grasp, more than previously estimated. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, actor and “Celebrity Apprentice” contestant Gary Busey files for Chapter 7 bankruptcy, and Chrysler’s Super Bowl ad sparks controversy. Also, the New York Mets’ owners face new allegations regarding Bernard ... Read full article

Lehman Brothers Holdings Inc. is suing Citigroup Inc. in an effort to recover $2.5 billion transferred to Citi in the months before Lehman’s September 2008 bankruptcy filing. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Hostess Brands Inc. is seeking court permission for a new employment deal that would hand millions of dollars to Chief Executive Brian J. Driscoll, “architect” of the company’s plan to cut costs and jettison its pension plans. Read the Daily Bankruptcy ... Read full article

Saab Cars North America said it will file for Chapter 11 protection in Michigan, a move that comes a little more than a week after some of its dealerships sought to push the Swedish auto maker’s U.S. unit into bankruptcy proceedings in Delaware. Read the ... Read full article

Great Atlantic & Pacific Tea Co. on Monday laboriously moved closer to final approval of its plan to exit what has been an equally laborious bankruptcy, with the company continuing to satisfy objections and a judge beginning to overrule others. Read ... Read full article