Restructuring

This week on The Broke and the Beautiful, Eddie Montgomery is rolling with bankruptcy and so is the chairman of a far-right political party in Britain. Also, a lawsuit against film financier David Bergstein was dismissed.

Hybrid Tech Holdings LLC has bumped up its offer for Fisker Automotive Inc. in a bid to ward off competition for the hybrid-car company from a unit of China’s Wanxiang Group. Read the Daily Bankruptcy Review article via The Wall Street Journal.

According to The Wall Street Journal, Fiat SpA is set to get full control of Chrysler Group LLC in a deal worth $4.35 billion.

Bankruptcies may have slowed in 2013, but we’ve still had our share of action.

Celebrities ruled Bankruptcy Beat’s top posts of the year by page views, taking eight of our top 11 spots.

It’s the final countdown (of 2013):

11. Flying High

New Bill Would Help American Airlines Union Workers (July 9)

LightSquared Inc.’s recently overhauled restructuring plan, which faces objections from certain creditors, is currently the best option on the table, say the wireless venture’s independent directors. Read the Daily Bankruptcy Review article via The Wall Street Journal.