White-Collar Crime

The Daily Docket: Five Mile Sues Over Resort Loan

04/11/13

Investment firm Five Mile Capital Partners is accusing a group of well-known luxury resorts of several conflicts of interest on its board of directors, conflicts Five Mile say resulted in its not getting paid back the $50 million it lent before the resorts filed for Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Hostess Wins OK for Drake’s, Bread Brands Sales

04/10/13
Reuters

Hostess Brands Inc. won permission to sell off the last of its major cake and bread assets, raising total sale proceeds from the baking company’s liquidation to about $860 million.

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The Daily Docket: Lehman Disputes Brokerage Deal With German Unit

04/09/13
Agence France-Presse/Getty Images

Lehman Brothers Holdings Inc.

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The Daily Docket: CEDC Enters Bankruptcy

04/08/13
Bloomberg
Distribution trucks drive through the yard at the Polmos Bialystok SA vodka distillery, a subsidiary of
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The Daily Docket: Lehman Reaches Deal With Holdout Swiss Unit

04/04/13
Agence France-Presse/Getty Images

Lehman Brothers Holdings Inc.

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The Daily Docket: Aurelius Sues Over Loan Deal

03/21/13

Hedge fund Aurelius Capital Master Ltd. is suing an Energy Future Holdings Corp. unit and some current and former directors over a loan deal tied to the $32 billion leveraged buyout that loaded the Texas power company with debt. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Stanford Victims Will Benefit From $300M Settlement

03/19/13
European Pressphoto Agency
A file photograph showing financier R.
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The Daily Docket: Judge Says Creditors Can Vote on Rival Plans for Ahern

03/19/13

A bankruptcy judge cleared Ahern Rentals Inc.’s creditors to vote on its restructuring plan as well as a rival plan from its bondholders, paving the way for a showdown over the construction equipment company’s fate.Read the Daily Bankruptcy Review article here.

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The Daily Docket: Lehman Creditors Can Question ‘London Whale’

03/14/13

A judge on Wednesday said Lehman Brothers Holdings Inc. creditors can subpoena Bruno Iksil in its lawsuit against J.P. Morgan Chase & Co., ensuring the phrase “London Whale” will stay in the lexicon for at least a bit longer. Read the Daily Bankruptcy Review article here.

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