Uncategorized

The Daily Docket: Lehman Customers Could Get Another $15.2B

02/05/13

The trustee winding down Lehman Brothers Inc. wants to add $15.2 billion to a fund to pay customers of the failed brokerage, bringing them closer to recovering all of what they are owed. Read the Daily Bankruptcy Review article here.

[more]

Little Debbie, All Grown Up

01/28/13

The adorable image on that package of cupcakes you can’t stop snacking on has a back story.

The girl with the auburn locks, cowboy hat and button nose is, in fact, Little Debbie—the granddaughter of the founders of the company that makes the line of cakes, McKee Foods Corp.

[more]

Casey Anthony Bankruptcy

01/28/13

In July, 2011, just after the her murder trial, I wrote a blog post suggesting that Casey Anthony should file Chapter 7 bankruptcy. As many of you have read in the news, Ms. Anthony has at last filed for bankruptcy protection.

[more]

What To Do If You Are Dissatisfied With Your Bankruptcy Attorney

01/15/13

From time to time callers ask me bankruptcy questions when they have already hired an attorney to file their bankruptcy petition in the Orlando Division. When I suggest that they direct their question to their own attorney whom they have paid fees they usually respond that their own bankruptcy attorney either will not return their calls or has given them poor advice. What can a debtor do when he is dissatisfied with his bankruptcy attorney?

[more]

Talking SMAC

01/10/13
Associated Press

There’s been a lot of talk in Washington about the proposed sale of battery maker A123 Systems Inc.

[more]

The Daily Docket: LightSquared Lenders Look to Go After Falcone

01/08/13

A group of LightSquared Inc.’s lenders reiterated its desire to go after Phil Falcone and Harbinger Capital Partners for a prebankruptcy loan made to the wireless satellite company, making it clear that the troubled venture’s officers and directors won’t be a target of the lawsuit. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: Flowers, Bimbo in Talks to Buy Hostess Bread Business

01/07/13
Reuters

Flowers Foods Inc.  and Grupo Bimbo SAB are in discussions to acquire pieces of Hostess Brands Inc.’s bread business, as the maker of Wonder Bread and Twinkies sells off assets and liquidates, said peopl

[more]