White-Collar Crime

The Daily Docket: NRG to Buy Edison Mission

10/21/13

Electricity producer NRG Energy Inc. is set to buy Edison Mission for $2.6 billion, The Wall Street Journal reports.

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The Daily Docket: Alitalia Shareholders Agree to Raise Money

10/15/13

Shareholders for Italian airline Alitalia approved a proposal to raise up to EUR300 million ($406.9 million) to try to save it from bankruptcy, The Wall Street Journal reports.

According to WSJ, some of Suntech’s U.S. bondholders are trying to force the Chinese solar-panel maker into bankruptcy in the U.S.

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The Daily Docket: Citi Fights Lehman Payout

10/04/13
Getty Images

Citigroup Inc.

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The Daily Docket: Furniture Brands Board Pits KPS as Lead Bidder

10/03/13

Furniture Brands International Inc.’s board of directors has switched course, replacing Oaktree Capital Management with New York’s KPS Capital Partners LP as the lead bidder at an upcoming bankruptcy auction. Read the Daily Bankruptcy Review article here.

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The Daily Docket: GateHouse Enters Bankruptcy

09/27/13

GateHouse Media Inc. started voluntary Chapter 11 bankruptcy proceedings in a federal court in Delaware, moving forward with its prepackaged plan to reorganize. Read the article in Daily Bankruptcy Review.

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Petters Fallout Continues Five Years Later

09/25/13
Associated Press
In this Jan.
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The Daily Docket: Judge Rejects LightSquared Director

09/25/13

A judge on Tuesday forced LightSquared to remove an independent director named to help oversee the sale of the Philip Falcone-controlled wireless satellite company, agreeing with lenders that her sour relationship with would-be buyer Dish Network Corp. could be interpreted as a conflict of interest. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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The Daily Docket: Lenders Ease Pressure in OSG Bankruptcy

09/24/13

Bank lenders Monday officially ratcheted down the pressure on Overseas Shipholding Group Inc. after the tanker company unveiled financial projections that will be the basis for restructuring talks. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Detroit Resident Speak out to Bankruptcy Judge

09/20/13

The Wall Street Journal has more on Detroit residents speaking out to a bankruptcy judge on their fears of not getting full pensions.

Read more about the bankruptcy filing of golf-course retirement community Devonshire in Daily Bankruptcy Review.

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The Daily Docket: Trustee Claims Corzine Masterminded Scheme

09/19/13
Susan Walsh/Associated Press
In this Tuesday, Dec. 13, 2011, file photo, former MF Global Holdings Ltd.
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