Bargain Basement Goes Under
European Pressphoto Agency Brides running to get to the racks of wedding dresses at the annual Filene’s Basement Running of the Bride’s event in Miami, Fl., in May 2011. ... Read full article
European Pressphoto Agency Brides running to get to the racks of wedding dresses at the annual Filene’s Basement Running of the Bride’s event in Miami, Fl., in May 2011. ... Read full article
Donald Trump’s hotel group is asking for $8.5 million worth of bid protections on its $170 million offer to buy the Doral Golf Resort & Spa out of bankruptcy. Read the Daily Bankruptcy Review story here . ... Read full article
The owner of troubled car maker Saab Automobile, Swedish Automobile NV, said Thursday it has received an offer from U.S. private equity firm North Street Capital for funding of Saab. Read the Dow Jones Newswires story here in Daily Bankruptcy Review. ... Read full article
Solyndra LLC is talking to some 25 potential buyers of its solar panel manufacturing business as it limps along under fire from Republicans in Congress over $527 million in federal loans, company officials said Tuesday. Read the Daily Bankruptcy Review ... Read full article
Reflex Recordings & Music Ltd. Reggae pop stars UB40 might have to downgrade to the boxed version. ... Read full article
Solyndra LLC Monday defeated a takeover threat from the U.S. Department of Justice, which demanded the company be put into the hands of a bankruptcy trustee as probes of a $527 million federal loan continue. Read the Daily Bankruptcy Review story here . ... Read full article
Associated Press Irving Picard A nonprofit that provides housing, meals, social programs and advocacy for senior citizens in the New York area is the latest charity being ... Read full article
The trustee winding down the U.S. brokerage business of Lehman Brothers Holdings Inc. says a Royal Bank of Scotland Group PLC affiliate should be forced to pay more than $345 million stemming from old swap agreements, and that non-payment would violate ... Read full article
Lehman Brothers Holdings Inc. says Deutsche Bank AG is suffering from a case of “buyer’s remorse” after buying more than $2 billion in bankruptcy claims from Lehman’s second-largest foreign affiliate on a bet that it along with some of Wall Street’s ... Read full article
Washington Mutual Inc., still reeling from a bankruptcy judge’s second rejection of its $7 billion creditor-payment plan, is appealing a ruling that paves the way for its shareholders to pursue insider-trading claims against prominent distressed-debt ... Read full article
Donald Trump’s real estate company has signed an agreement to pay $170 million for the Doral Golf Resort and Spa out of bankruptcy. Read The Wall Street Journal story here . ... Read full article
A judge denied Garlock Sealing Technologies LLC’s bid to obtain legal documents from decade-old asbestos bankruptcies, warning the consequences of doing so would upend previously struck resolutions to billions of dollars in claims. Read the Daily ... Read full article
A bankruptcy judge Friday turned down a bid by the Los Angeles Dodgers to probe Major League Baseball’s dealings with other MLB members for proof Commissioner Bud Selig is treating the ball club unfairly. Read the Daily Bankruptcy Review story here in The ... Read full article
A real-estate fund run by Goldman Sachs Group Inc. has walked away from a $1.26 billion deal with Lehman Brothers Holdings Inc. to buy a portfolio of 10 office buildings in a suburb of Washington, according to a lawsuit filed Thursday. Read the Daily ... Read full article