A bankruptcy case that’s flown under the radar for nearly two years may finally be getting its moment in the spotlight, thanks to a recent appellate-court ruling that upholds the practice of lenders using debt as currency in their bids to take back ... Read full article
EPA/Erik S. Lesser A lot of odd things have happened to pitcher Vicente Padilla during his 13-season Major League career. ... Read full article
Lehman Brothers Holdings Inc. early Wednesday filed a revised plan to repay creditors that has much broader support than its previous proposals and could result in other parties withdrawing their rival plans and a final deal being confirmed by the court ... Read full article
Associated Press Forget about the finances for a minute. ... Read full article
Federal prosecutors say Lee Farkas should spend the rest of his life behind bars because the former chairman of mortgage lender Taylor, Bean & Whitaker Mortgage Corp. continues to deny responsibility for the devastation he wrought as the mastermind of ... Read full article
Associated Press An audience listens during an open rehearsal of the Philadelphia Orchestra at the Kimmel Center in Philadelphia. The show will go on for the ... Read full article
W.R. Grace & Co. is seeking bankruptcy-court permission to compete at an auction for a “highly confidential potential strategic transaction” as it awaits the final word on its Chapter 11 exit plan. Read the Daily Bankruptcy Review story here . ... Read full article
Associated Press Mercer Inc., a leading consulting firm on executive pay and other human-resources issues, is under pressure to trim the compensation it will receive from Bo ... Read full article
Aurelius Capital Management, one of the big hedge funds accused of benefiting from insider trading in the bankruptcy case of Washington Mutual Inc., says it’s the victim of a “shakedown” by the committee representing aggrieved investors. Read the Daily ... Read full article
The allegations have all the literary ingredients for an alluring spy novel: corporate profits made from price-fixing schemes, secret meetings held throughout Europe and a conspiracy among industry giants who have a tight grip on one arm of the worldwide ... Read full article
Melanie Cohen Losing his grasp of the beloved Chicago-based Giordano’s pizza chain he’d built over decades, a despe ... Read full article
