News Topic: WSJcomBankruptcyBeat

Revel Atlantic City Revel is offering its four-legged guests custom dog beds. Revel is kicking o ... Read full article

A new report that looks at the Commodity Futures Trading Commission’s response to MF Global Holdings Ltd. ’s collapse criticizes Chairman Gary Gensler, and has new questions about MF Global’s collapse, The Wall Street Journal reports . ... Read full article

Satellite mogul Charlie Ergen bid $2 billion for certain spectrum from LightSquared Inc., the bankrupt wireless venture spearheaded by financier Philip Falcone , The Wall Street Journal reports . ... Read full article

Associated Press Gold bars and coins from the S.S. ... Read full article

Florida home builder Tousa Inc ., which collapsed five years ago when the housing bubble popped, is seeking approval of a Chapter 11 plan that proposes to pay bondholders hundreds of millions of dollars, a big win for the hedge funds who bought up the ... Read full article

This week on The Broke and the Beautiful, Greek soccer club AEK Athens is readying for bankruptcy. Also, Lou Pearlman’s bankruptcy case is coming to a close, and Kerry Katona is back on TV. ... Read full article

The Oreck family is rallying to take back their namesake vacuum-cleaner company from private equity owners in a deal valued at $22 million—a price that founder David Oreck hints is cheaper than what he sold the business for a decade ago. Oreck, 89, has ... Read full article

Eastman Kodak Co. is seeking court permission to enter into a deal with its U.K. pension plan, an “unprecedented” settlement that lies at the heart of its reorganization proposal. Read the Daily Bankruptcy Review story here . ... Read full article

TimeGate Studios Inc. A still from Section 8: Prejudice A Texas bankruptcy has pulled the plug on TimeGate Studios Inc.’s short-lived restructuring bid, an ... Read full article

Goldman Sachs Group Inc. beat out Fortress Investment Group LLC for the right to lend Arcapita Bank up to $350 million that would ease the Bahraini investment firm out of Chapter 11 bankruptcy. Read the Daily Bankruptcy Review article here . ... Read full article

Photo courtesy of Heritage Auctions Dale Chihuly’s cobalt chandelier will be sold at auction next week. A ... Read full article

Top bankruptcy attorneys have found a new place for the scraps of leftover money from corporations that collapsed under Chapter 11 protection: their own charity. ... Read full article

Ally Financial Inc. said Tuesday it reached an agreement with its mortgage subsidiary Residential Capital LLC that could help accelerate its efforts to get out from government ownership. Read the Daily Bankruptcy Review article here . ... Read full article

Reuters A General Electric car charging station for one of the first all-electric CODA EV cars in the parking structure at the Westfield Century City Mall in Los Angeles on March ... Read full article

Get ready to say ‘bye, ‘bye, ‘bye to the bankruptcy case of imprisoned boy-band manager Lou Pearlman. Six years after the creator of ‘N Sync and the Backstreet Boys was forced into bankruptcy (and later prison), a creditor-payment plan is expected to be ... Read full article

Wayne Parry/Associated Press Revel AC Inc., which saw its high-end Atlantic City, N.J., resort and casino falter nearly as soon as it opened its doors, won approval to exit bankruptcy with a fraction of the de ... Read full article

A federal bankruptcy watchdog filed a rare letter defending her personal role in negotiating settlements to resolve a professional fee dispute in GSC Group Inc.’s Chapter 11 case. ... Read full article

An independent examiner investigating Residential Capital LLC’s relationship with parent Ally Financial Inc. is set to release his report Monday afternoon, Daily Bankruptcy Review reports . ... Read full article