News Topic: WSJcomBankruptcyBeat

Reuters MF Global Holdings Ltd.’s bankruptcy judge on Thursday approved a key settlement among the failed brokerage’s three key constituents, opening up the possibility that the remaining money owed to customers could start flow ... Read full article

Associated Press For sale: one $26.6 million claim against Nortel Networks Corp. ... Read full article

Attorneys who are steering struggling Stockton, Calif., through bankruptcy got the power to negotiate deals with creditors with far more secrecy than the usual bankruptcy case. Read the Daily Bankruptcy Review article here . ... Read full article

European Pressphoto Agency Ben Affleck (front) holds up the Screen Actors Guild Award for Outstanding Performance by a Cast in a Motion Picture for “Argo” at the Screen Actors ... Read full article

Associated Press Artist Nancy Peppin holds one of her creations from her series “Day of the Dead Twinkies,” one of dozens of pieces of art she has created over the years using Twinkies and ot ... Read full article

School Specialty Inc. has filed for Chapter 11 bankruptcy protection and agreed to sell its assets to Bayside Capital Inc., an existing secured lender that will be bidding, in part, with debt rather than cash. Read the Daily Bankruptcy Review article here ... Read full article

The adorable image on that package of cupcakes you can’t stop snacking on has a back story. The girl with the auburn locks, cowboy hat and button nose is, in fact, Little Debbie—the granddaughter of the founders of the company that makes the line of ... Read full article

Getty Images McKee Foods Corp. ... Read full article

Dreier LLP is demanding its share of the millions of dollars in fees earned from litigation that its former patent lawyers continued working on after the firm’s collapse. ... Read full article

This week on The Broke and the Beautiful, actor Patrick Dempsey, aka TV’s “McDreamy,” gives us the scoop on his purchase of the Tully’s coffee chain out of bankruptcy. Also this week, boxing promoter Don King is settling a score—on litigation related to ... Read full article

Associated Press Efforts to mediate an agreement over how to divide $7.3 billion raised in the bankruptcy of Nortel Networks Co ... Read full article

Provided Patrick Dempsey Of all the things that actor Patrick Dempsey has given up while training for long-distance bike rides, coffee isn’t one of them. ... Read full article

Reuters A judge on Wednesday approved a financing deal worth $843.7 million for Eastman Kodak Co., a package the company said should help it emerge from bankruptcy protection around midyear. ... Read full article

A newly reached $159 million antitrust settlement is good news for creditors of defunct law firm Howrey LLP, whose former role in the case could entitle it to a share of the attorneys’ fees. ... Read full article

Reuters A team of private-equity firms, Apollo Global Management LLC and C. ... Read full article

Reuters The Atari booth is pictured during E3, the Electronic Entertainment Expo, in Los Angeles in this June 8, 2011, file photo. Atari Inc., the New York ... Read full article

This week on The Broke and the Beautiful, something stinks—but don’t worry, it’s only Curt Schilling’s famous bloody sock, which is going up for sale. Also this week, ex-NBA player Antoine Walker is doling out financial advice. ... Read full article

Associated Press Curt Schilling in May 2012 Ladies and gentlemen, the winner and neeeewwwwwww champion of smelliest and most disgusting thing ever auctio ... Read full article