News Topic: WSJcomBankruptcyBeat

Golf retailer Edwin Watts Golf Shops LLC filed for bankruptcy with assets and debts each between $100 million and $500 million, Reuters reports . ... Read full article

Patriot Coal Corp. Thursday said it has reached preliminary deals to secure $576 million in bankruptcy-exit financing. Read the Daily Bankruptcy Review article here . ... Read full article

Read more about Brazilian oil company OGX Petroleo e Gas Participacoes SA ’s descent into bankruptcy protection in The Wall Street Journal . ... Read full article

Reuters Lee Farkas in his June 2010 booking photo Former mortgage executive Lee Farkas is asking a judge to toss his conviction for orchestrating a multi ... Read full article

Lawyers for Comcast Corp. squared off with Houston Astros owner Jim Crane in a Texas bankruptcy court Monday over the fate of their troubled Houston regional sports network, which Comcast is trying to put in Chapter 11 bankruptcy protection. Read the ... Read full article

PricewaterhouseCoopers LLP is asking a federal judge to trim back the Federal Deposit Insurance Corp.’s $1 billion lawsuit that alleges the accounting firm failed to catch the massive fraud that brought down Colonial Bank, in one of the largest bank ... Read full article

This week on The Broke and the Beautiful, Tori Spelling is having money problems, and the bakery made famous by the movie “Moonstruck” filed for bankruptcy. Also, the U.S. trustee in DMX’s bankruptcy wants to shut down his case. ... Read full article

A U.S. judge Thursday cleared the way for  Paul Singer ’s hedge fund Elliott Management and King Street Capital Management LP to buy a multibillion-dollar bankruptcy claim owed to a Lehman Brothers U.K. subsidiary at a discount. Read the Daily Bankruptcy ... Read full article

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

Associated Press The remnants of Lehman Brothers Holdings Inc. ... Read full article

Cory Parris Since helping lead Global Baristas to buy the Tully’s coffee chain, Patrick Dempsey has left the investor group. A group of investors ... Read full article

Detroit’s ready to make a case for its bankruptcy eligibility Wednesday, The Wall Street Journal reports . ... Read full article

Stephen Lovekin/Getty Images DMX performs onstage at the 2009 VH1 Hip Hop Honors at the Brooklyn Academy of Music on Sept. ... Read full article

Creditors of Lehman Brothers Holdings Inc.’s Australian unit have approved a $48 million settlement with a group of insurers over claims the investment bank misled a group of towns, charities and churches into buying risky securities backed by U.S. ... Read full article

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

This week on The Broke and the Beautiful, Mickey Rooney’s stepson admitted to taking $2.8 million from his stepfather. Also, Ozzy Osbourne’s oldest child is occupying his brain with bankruptcy. ... Read full article

LightSquared lost $55.5 million in September, bringing the wireless satellite company’s losses since filing for bankruptcy to more than $934 million. Read the Daily Bankruptcy Review article here . ... Read full article

Comcast Corp. urged a Texas bankruptcy judge to allow CSN Houston, the television network that broadcasts Houston Astros baseball games and Houston Rockets basketball games, to stay in bankruptcy, arguing the dismissal of its case would empower the Astros ... Read full article