News Topic: Restructuring

Reuters The Dallas Stars hockey team was hemorrhaging cash in the years leading up to Thursday’s bankruptcy filing. ... Read full article

Associated Press/Ted S. ... Read full article

If you’re looking for economic optimism these days, you might not want to consult with those who focus on troubled companies. A top restructuring industry trade group found that six in 10 of its members expect the economy to double dip within 18 months, ... Read full article

This week on The Broke and the Beautiful, “Real Housewives” invade the news, Stan Lee Media wants all the action on Conan the Barbarian, and Lenny Dykstra gets battered with indecent-exposure charges. ... Read full article

A judge on Wednesday approved Lehman Brothers Holdings Inc.’s deal with WCAS Fraser Sullivan Investment Management LLC, which allows Lehman to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review article here . ... Read full article

New York hedge-fund manager Centerbridge Credit Advisors LLC is objecting to Lehman Brothers Holdings Inc.’s liquidation plan, saying among other things that some of its claims are being treated less favorably than they should be. Read the Daily ... Read full article

Lehman Brothers Holdings Inc. is going after dozens of former brokers who Lehman says must pay back bonus money they received when joining the firm, and so far the investment bank is faring quite well. Read the Daily Bankruptcy Review article here . ... Read full article

European Pressphoto Agency Eva Longoria Landry’s Restaurants Inc. is continuing to bet on the potential of ... Read full article

Associated Press The Los Angeles Dodgers posted a $3.3 million net loss for the month of June, accordin ... Read full article

Getty Images This week on The Broke and the Beautiful, Toni Braxton loses the blues in bankruptcy court, the Salahis crash the fashion section of the New York Times, and the L ... Read full article

General Motors’ bankruptcy estate is still holding onto $2.36 billion worth of securities in the reorganized auto maker, meaning old bondholders and other creditors will continue to see payments on top of the nearly $8 billion already received this spring ... Read full article

Lehman Brothers Inc. Europe says the trustee winding down its U.S. counterpart could try to block European creditors from recovering $8.9 billion. But allowing such a claim has the potential to dilute recoveries for U.S. customers of Lehman Brothers ... Read full article

Chicago’s largest balloon seller has filed for bankruptcy protection, but owner Lee Kaufman insists the party isn’t over. At 100 years old, helium-filled balloon distributor M.K. Brody & Co. still turns a profit but blamed its financial unease on ... Read full article

Associated Press The Los Angeles Dodgers’ Chapter 11 filing might pick off one of its primary vendors: Fac ... Read full article

A Delaware corporate law judge gave Dynegy Inc. the green light Friday for a $1.7 billion restructuring designed to stave off bankruptcy, turning down Public Service Enterprise Group Inc.’s bid for an order to hold up the deal, Dow Jones Newswires reports ... Read full article

Hector Guerrero/AFP/Getty Images This week on The Broke and the Beautiful, Beso’s back in the news and football players are fumbling. ... Read full article

Melanie Cohen The bankruptcy trustee in charge of troubled Chicago pizza chain Giordano’s is suing most of the restaurant’s franchise owners, accusing them of conspiring t ... Read full article

Lehman Brothers Holdings Inc. struck a deal with WCAS Fraser Sullivan Investment Management LLC that will allow the failed investment bank to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review story here . ... Read full article