News Topic: WSJcomBankruptcyBeat

Chinese-owned auto-parts manufacturer Wanxiang America Corp. won the bidding for A123 Systems Inc. , the government-backed battery maker that has yet to turn a profit, at a bankruptcy auction that ended early Saturday morning, The Wall Street Journal ... Read full article

Associated Press Anton Valukas testifies before the House Financial Services Committee regarding Lehman Brothers and financial reform on April 20, 2010. Thursday marked the one- ... Read full article

This week on The Broke and the Beautiful, Busey’s done battling bankruptcy but still owes the IRS, and Braxton open up to “20/20.” Also, Lenny “Nails” Dykstra gets more prison time. ... Read full article

K-V Pharmaceutical Co. said it will pay Hologic Inc. ... Read full article

Bloomberg News Mark Weitz, president of asset liquidation company Great American Group, explains the bidding rules prior to the start of the auction of the contents of the corporate office ... Read full article

A group of bidders is offering more than $500 million for Eastman Kodak Co. ’s trove of digital patents, The Wall Street Journal reports . ... Read full article

A123 Systems Inc., the government-backed battery maker that has yet to turn a profit, is set to be the unlikely object of a bidding war when its assets hit the auction block on Thursday. Read the Daily Bankruptcy Review article here . ... Read full article

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

Trustees for creditors left unpaid after the biggest banking failure in U.S. history say they suspect Goldman Sachs Group Inc. of targeting Washington Mutual Inc. , in a naked short-selling scheme. ... Read full article

AFP/Getty Images American Airlines parent AMR Corp. wants permission to control its own Chapter 11 case until March without the threat of rival proposals. ... Read full article

This week on The Broke and the Beautiful, Kevin Spacey may take on the role of Ireland’s former richest man on the big screen, and Young Buck got some alone time in prison. Also, a famous poster will be auctioned next month. ... Read full article

Jonathan Nackstrand/AFP/Getty Images Saab might be going away , but loyal fans have a chance to get the ... Read full article

The Republic/Associated Press A judge gave Hostess Brands Inc. ... Read full article

October was a busy month for bankruptcy claims traders, dominated by the debt in the defunct financial firms of Lehman Brothers and MF Global. According to a new report from claims-trading market operator SecondMarket, October saw 1,163 trades of $4.4 ... Read full article

A U.S. appellate court on Wednesday upheld a bankruptcy court decision to reject Mexican glassmaker’s Vitro SAB’s controversial bankruptcy plan, a big win for bondholders that have been sparring with the company for years over its controversial debt ... Read full article

Zacky Farms has ruffled some feathers by starting to sell Zacky-branded chicken after having complied for 11 years with a promise not to use its logo on chicken, according to a bankruptcy court complaint filed against it. So Foster Farms, another ... Read full article

Getty Images Sen. Richard Blumenthal speaks during a press conference on Iran at the Capitol on Feb. 29. A U.S. ... Read full article

Reuters Hostess employees strike in front of one of the bakeries in Los Angeles. The union behind the crippling strike that Hostess Brands Inc. ... Read full article