News Topic: White-Collar Crime

European Pressphoto Agency Eastman Kodak Co. ... Read full article

Associated Press/Los Angeles Times Timothy Durham is taken into custody by FBI Agents at the Federal Building in Westwood, Calif., on Wednesday, March 16, 2011. ... Read full article

A123 Systems Inc., the government-backed battery maker that has yet to turn a profit, is set to be the unlikely object of a bidding war when its assets hit the auction block on Thursday. Read the Daily Bankruptcy Review article here . ... Read full article

Trustees for creditors left unpaid after the biggest banking failure in U.S. history say they suspect Goldman Sachs Group Inc. of targeting Washington Mutual Inc. , in a naked short-selling scheme. ... Read full article

AFP/Getty Images American Airlines parent AMR Corp. wants permission to control its own Chapter 11 case until March without the threat of rival proposals. ... Read full article

Associated Press American Airlines planes are seen parked on the tarmac at Los Angeles International Airport on Monday, Oct 29, 2012. ... Read full article

Associated Press Chocolate Twinkies Hostess Brands Inc. ... Read full article

Zumapress.com The union that brought the 85-year-old baker of Twinkies and Wonder Bread to its knees is holding out hope that a buyer will salvage chunks of the company and send the union’s members back to wor ... Read full article

This week on The Broke and the Beautiful, actor Gary Dourdan is in bankruptcy, and Toni Braxton’s mansion is for sale. Also, prosecutors want Lenny “Nails” Dykstra to serve more time in the prison dugout. ... Read full article

Rick Chase/Associated Press This Monday, April 4, 2011, file photo shows Russell Wasendorf Sr. ... Read full article

Associated Press Hostess Brands Inc. announced Wednesday that it would move to liquidate its iconic baking business if striking union members didn’t return to work by Thursday evening. ... Read full article

Bowling-center operator AMF Bowling Worldwide Inc. sought Chapter 11 bankruptcy protection Tuesday after reaching a deal with key creditors to restructure its debt. Read the Daily Bankruptcy Review article here . ... Read full article

A year into Jefferson County, Ala.’s historic bankruptcy, its elected leaders aren’t the ones who are fully in control of the case’s direction. Neither are the brightest attorneys hired by Wall Street banks to protect their $3.2 billion investment in the ... Read full article

Homer City Funding LLC, a special-purpose vehicle formed in connection with the $1.6 billion purchase of a Pennsylvania coal-fired power plant in 2001, has filed for Chapter 11 bankruptcy protection after reaching a debt-restructuring deal with its ... Read full article

EPA/Franck Robichon Suzuki Motor Corp. ’s U.S. ... Read full article

Federal bankruptcy watchdogs are continuing to wage war against a “bankruptcy premium” they say corporate attorneys may be charging companies in Chapter 11, but they are dialing back some of their demands that had riled members of the bankruptcy bar. Read ... Read full article

Associated Press The charity founded by ex-football star Dan Marino, pictured here, doesn’t owe money to Rothstein Rosenfeldt Adler’s creditors, a judge ruled. The charity ... Read full article

Following the recent collapse of a deal to sell its business to Chinese aircraft manufacturer, Hawker Beechcraft Inc. has filed a new plan to exit bankruptcy in the hands of a group of hedge funds that includes Bain Capital’s Sankaty Advisors. Read the ... Read full article