News Topic: WSJcomBankruptcyBeat

Reuters As American Airlines gears up for its next chapter, the airline owes a lot to its current chapter: Chapter 11 bankruptcy protection. ... Read full article

Associated Press AMR Corp. ... Read full article

Reuters A former Dewey & LeBoeuf LLP document specialist who  sued  the law firm last year after 450 staffe ... Read full article

Revel, the struggling Atlantic City casino, has hired restructuring lawyers and bankers to mull options for reworking a heavy debt load, The Wall Street Journal reports . ... Read full article

Agence France-Presse/Getty Images Karen A. ... Read full article

U.S. investors are pushing to go to trial by the fall over how to divide Nortel Networks Corp.’s $7.3 billion pile of money, but officials looking out for Canadian and European creditors say the international cash clash could take much longer to sort out. ... Read full article

The Great Recession taught businesses some valuable lessons, but restructuring experts don’t think companies learned enough about changing their corporate governance practices, according to a new survey. In its 2013 Outlook Survey of restructuring ... Read full article

Bahrain’s Arcapita Bank is proposing to wind down and sell all of its assets as the Bahrain-based investment firm tries to emerge from bankruptcy protection in the U.S. Read The Wall Street Journal reports . ... Read full article

A trading firm that accidentally sold millions of dollars worth of fake biofuel credits has filed for bankruptcy, fueling pressure on environmental regulators to fix the fraud that’s infected that market. ... Read full article

Getty Images Striking bakery workers stand outside of a Hostess facility in Oakland, Calif., on Nov. 16, 2012. The union that Hostess Brands Inc. ... Read full article

Pressed by an impatient group of creditors, the bank in charge of distributing sewer revenue to Jefferson County, Ala., bondholders owed some $3.2 billion has turned to the county’s bankruptcy judge for help in determining whether it can accelerate some ... Read full article

Courtesy of Adam A. Weschler & Son Inc. Sol LeWitt’s silkscreen monoprint “Wavy Brush Strokes” sold for $38,000 at a Feb. ... Read full article

Financial hardship that has plagued U.S. coal producers in recent years could crest in 2013, leading some analysts to predict that more coal companies will turn to bankruptcy as they try to survive the downturn. Read the Daily Bankruptcy Review story here ... Read full article

A bankruptcy judge in Houston refused Tuesday to consider an emergency financing motion from ATP Oil & Gas Corp. that creditors called “shocking and offensive” and gave the company until Monday to get a better loan deal.  Read the story here in Daily ... Read full article

The trustee winding down Lehman Brothers Inc. wants to add $15.2 billion to a fund to pay customers of the failed brokerage, bringing them closer to recovering all of what they are owed. Read the Daily Bankruptcy Review article here . ... Read full article

Reuters Lehman Brothers’ spectacular 2008 failure called into question the soundness of the U.S. economy, the strength of our financial regulations and the impact of Wall Street on Main Street. ... Read full article

Hawker Beechcraft Inc. won court approval Friday of its plan to exit bankruptcy under the control of a group of hedge funds, a ruling the company hopes will lead to it being out of Chapter 11 by the end of February. Read the Daily Bankruptcy Review ... Read full article

This week on The Broke and the Beautiful Kodak may not have the naming rights for the theater where the Oscars are held, but it’s still starring in the best picture nominations. Also, the trustee for former University of Miami booster Nevin Shapiro’s ... Read full article