White-Collar Crime

Peregrine Auction: Wine, Cars, Meat Slicers! Everything Must Go!

11/15/12
Rick Chase/Associated Press
This Monday, April 4, 2011, file photo shows Russell Wasendorf Sr.
[more]

The Daily Docket: Hostess to Liquidate if Strikes Continue

11/15/12
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.

[more]

The Daily Docket: AMF Bowling Enters Bankruptcy

11/13/12

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.

[more]

The Daily Docket: JeffCo Anniversary Edition

11/12/12

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 sewer system for state’s most populated county. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: Homer City Enters Bankruptcy

11/07/12

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 bondholders. Read the Daily Bankruptcy Review article here.

[more]

The Daily Docket: Watchdogs Continue War Against ‘Premium’ Fees

11/05/12

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 the Daily Bankruptcy Review article here.

[more]

Judge Rules Marino Charity Owes Nada to Rothstein Creditors

11/01/12
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

[more]

The Daily Docket: Hawker Files New Exit Plan

10/31/12

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 Daily Bankruptcy Review article here.

[more]

The Daily Docket: A123 Seeks to Tap Wanxiang Finanacing

10/30/12

A123 Systems Inc., the electric-car battery maker that recently filed for bankruptcy, is seeking emergency approval to tap a $50 million loan provided by a Chinese auto-parts maker to fund its Chapter 11 case pending an auction of the clean energy firm. Read the Daily Bankruptcy Review article via The Wall Street Journal.

[more]