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The Daily Docket: FDIC Accuses Colonial Of Stalling In Legal Fight

06/16/11

Still smarting from a recent bankruptcy court ruling in favor of Colonial BancGroup Inc., the Federal Deposit Insurance Corp. says the bank-holding company is dragging its feet in a bid to derail an upcoming hearing in their long-running legal fight. Read the Daily Bankruptcy Review story here.

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The Daily Docket: Extended Stay Trustee Sues Over ‘Tainted’ $8 Billion Buyout

06/15/11

Eight months after emerging from Chapter 11 protection, Extended Stay Inc.’s prior owners and lenders—including Blackstone Group LP, are being sued over the $8 billion leveraged buyout that preceded the hotel chain’s bankruptcy. Read the Daily Bankruptcy Review story here.

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