News Topic: WSJcomBankruptcyBeat

It was seemingly overnight that a larger-than-life personality made a splash on the South Florida social scene, showing off his luxury cars, tailored suits and trophy wife as well as dropping big bucks on multiple charities and sports sponsorships. ... Read full article

Just out of bankruptcy, Tribune Co. intends to drop the bulk of some 170 lawsuits that targeted senior media executives who cashed in on the going-private deal that ruined the company’s finances. Read the Daily Bankruptcy Review article here . ... Read full article

Associated Press Government-backed battery maker A123 Systems Inc. ... Read full article

Flowers Foods Inc. may have made a $390 million grab for parts of Hostess Brands Inc.’s bread business on Friday, but the two bakery companies haven’t always been BFFs. In fact, Flowers and Hostess have clashed over one of the very brands they’re seeking ... Read full article

By Caroline Van Hasselt ... Read full article

Hawker Beechcraft Inc. said it has struck a deal for $600 million in exit financing from lenders led by J.P. Morgan Chase & Co. to take it out of Chapter 11 protection. Read the Daily Bankruptcy Review article here . ... Read full article

Getty Images Flowers Foods Inc.  is set to kick off bidding for most of Hostess Brands Inc.’s bread business, offering a total of up to $390 million for brands and other assets including Wonder Bread and Nature’ ... Read full article

This week on The Broke and the Beautiful, “Downton Abbey’s” latest plotline has real roots in bankruptcy, and Starbucks is protesting Patrick Dempsey’s bid for Tully’s coffee shops. Broke also delves into the conundrum faced by designers who skyrocket to ... Read full article

Associated Press Patrick Dempsey Losers at the bankruptcy auction for the Tully’s coffee shops are asking the court to reject the winning $9.1 million bid ... Read full article

European Pressphoto Agency The cast and crew of “Downton Abbey” at the 2011 Emmy Awards in Los Angeles. The noble residents of “Downton Abbey” would do w ... Read full article

A group of MF Global creditors on Thursday filed a comprehensive plan of liquidation for the failed brokerage firm. Read the Daily Bankruptcy Review article here . ... Read full article

Could a restaurant chain that has more than 1,400 employees and hundreds of creditors hide its bankruptcy from them? Twelve days into the bankruptcy reorganization cases of Fiesta Holdings Inc. and Eateries Inc.—two companies that “operate a chain of ... Read full article

Associated Press There’s been a lot of talk in Washington about the proposed sale of battery maker A123 Systems Inc. ... Read full article

LightSquared’s lenders Wednesday pressed their case that they should be allowed to go after Phil Falcone and his Harbinger Capital Partners hedge fund firm for a July 2011 loan made to LightSquared, a transaction they say benefited Harbinger and could ... Read full article

Reuters The  largest law firm bankruptcy  in U.S. ... Read full article

K-V Pharmaceutical Co. Monday unveiled a bankruptcy-exit plan that hinges on a $20 million rights offering and has already earned the support of a group of senior noteholders. Read the Daily Bankruptcy Review article here . ... Read full article

A group of LightSquared Inc.’s lenders reiterated its desire to go after Phil Falcone and Harbinger Capital Partners for a prebankruptcy loan made to the wireless satellite company, making it clear that the troubled venture’s officers and directors won’t ... Read full article

Reuters Flowers Foods Inc.  and Grupo Bimbo SAB are in discussions to acquire pieces of Hostess Brands Inc.’s bread business, as the maker of Wonder Bread and Twinkies sells off assets and liquidates, said peopl ... Read full article