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Energy Future Keeps a Lid on Questions About Solvency

08/19/14

Energy Future Holdings Corp. Tuesday successfully fended off questions from creditors anxious to probe the financial health of a company division that is the target of deal talks.

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Chicago Bears in Bankruptcy Brawl

08/19/14

The Chicago Bears are up against a tough foe, but not on the gridiron. Try bankruptcy court.

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The Daily Docket: Daehan Shipbuilding Seeks U.S. Bankruptcy Protection

08/19/14

Daehan Shipbuilding Co. Ltd. filed for Chapter 15 bankruptcy protection Monday in New York, seeking to shield its U.S. assets from efforts to collect a $54.5 million judgment. Read the story in the Daily Bankruptcy Review.

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The Daily Docket: NII Holdings Skips an Interest Payment

08/18/14

Latin American Nextel wireless provider NII Holdings Inc. won’t make a $118.8 million interest payment to bondholders, the company announced Friday, days after it warned it would likely have to file for Chapter 11 bankruptcy protection. Read the Daily Bankruptcy Review story here.

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The Daily Docket: Fisker Wins Approval of Liquidation Plan

07/29/14

The company once known as Fisker Automotive received court approval Monday on a Chapter 11 plan that will distribute money raised in the bankruptcy sale of the manufacturer of luxury hybrid sedans. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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Bryman and BioHealth Shut Down in Chapter 11

07/28/14

Bryman Colleges, a California for-profit education chain with four campuses, and sister school BioHealth College permanently shut their doors Friday evening, leaving nearly 300 students in the lurch.

Students received notice over the weekend that their school wouldn’t be reopening on Monday morning and all of the school’s employees found out Friday they were being laid off, according to reports from students and employees.

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The Daily Docket: Court Rules Russia Owes Ex-Yukos Owners $50 Billion

07/28/14

A court in The Hague has ruled that Russia owes former shareholders of the now-defunct oil giant Yukos more than $50 billion in compensation for the government’s seizure of the company, The Wall Street Journal reports.

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Nortel’s Bond Interest Rate Fight Sends U.S., Canadian Judges to Separate Corners

07/25/14

The U.S. and Canadian judges who will decide how to divide $7.3 billion raised in the liquidation of the former Canadian technology icon went their separate ways Friday, with the U.S. judge canceling and the Canadian judge forging ahead with a hearing on an issue that could be key to the decision.

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