News Topic: White-Collar Crime

Taiwanese shipping company TMT Group is gearing up for a fight over its right to remain in bankruptcy protection in the U.S. Read the Daily Bankruptcy Review article here . ... Read full article

Global shipping company TMT Group sought bankruptcy protection after failing to restructure its $1.46 billion debt load out of court. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Richard Shotwell/Associated Press From left, Nick Carter, A.J. ... Read full article

This week on The Broke and the Beautiful, Lou Pearlman’s bankruptcy trustee has filed a plan to repay investors, and Dionne Warwick is taking on the IRS. Also, the fight between Sly Stone and his ex-manager continues in bankruptcy court. ... Read full article

China Stringer Network/Reuters The Backstreet Boys, a band put together by mogul Louis Pearlman, hold giant panda cubs as they pose for photographs at the Chengdu Research Ba ... Read full article

Patriot Coal Corp.’s chief executive and the head of its mine workers’ union traded barbs Wednesday after the union accused the company of walking out of negotiations to reach new labor terms. Read the Daily Bankruptcy Review article via The Wall Street ... Read full article

Ahern Rentals Inc. won bankruptcy court approval to exit Chapter 11 protection under a plan that keeps the construction equipment rental company in the hands of the family that founded it 60 years ago. Read the Daily Bankruptcy Review article here . ... Read full article

Senior bondholder Silver Point Finance LLC has submitted a proposal letter for K-V Pharmaceutical Co. that matches an offer from a group of investors holding subordinate bonds. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, Joe Francis speaks to Bankruptcy Beat. Also, an appellate court tosses a legal judgment against the Girls Gone Wild founder. ... Read full article

A bankruptcy judge on Thursday warned ATP Oil & Gas Corp. that it’s not “preordained” that he’ll approve the asset sale the company has long been pinning its hopes on but which has run into complications. Read the Daily Bankruptcy Review article here ... Read full article

Stephanie S. ... Read full article

Associated Press In this Nov. ... Read full article

European Pressphoto Agency Defunct investment bank Lehman Brothers Holdings Inc. said it has agreed to sell $4.22 billion of its general unsecured claims against its brokerage unit Lehman Brothers Inc. ... Read full article

A new report that looks at the Commodity Futures Trading Commission’s response to MF Global Holdings Ltd. ’s collapse criticizes Chairman Gary Gensler, and has new questions about MF Global’s collapse, The Wall Street Journal reports . ... Read full article

Goldman Sachs Group Inc. beat out Fortress Investment Group LLC for the right to lend Arcapita Bank up to $350 million that would ease the Bahraini investment firm out of Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article

Photo courtesy of Heritage Auctions Dale Chihuly’s cobalt chandelier will be sold at auction next week. A ... Read full article

Wayne Parry/Associated Press A federal bankruptcy watchdog is objecting to casino owner Revel AC Inc.’s restructuring plan, taking aim at “expansive” provisions meant to shield everyone from lenders to equity ... Read full article

Residential Capital LLC is suing a group of junior bondholders to block them from wresting control of the subprime mortgage lender’s bankruptcy case. Read the Daily Bankruptcy Review article here . ... Read full article