News Topic: WSJcomBankruptcyBeat

Struggling to pay the mortgage on its dorms, Lon Morris College in Texas never tried to dip into its $11 million pool of endowment money that supported the 158-year-old United Methodist-affiliated school. But in the hunt for money after the school’s ... Read full article

Zumapress.com Hostess Brands Inc. said it received a “flood” of interest for its brands and assets since announcing its liquidation. ... Read full article

Getty Images Feli, a Chihuahua, poses as a Thanksgiving turkey at the Tompkins Square Halloween Dog Parade on Oct. ... Read full article

Associated Press Chocolate Twinkies Hostess Brands Inc. ... Read full article

The Republic/Associated Press The bankruptcy judge for Hostess Brands Inc. asked it and its bakers union to mediate. ... Read full article

Zumapress.com The union that brought the 85-year-old baker of Twinkies and Wonder Bread to its knees is holding out hope that a buyer will salvage chunks of the company and send the union’s members back to wor ... Read full article

A bankruptcy judge has decided whether to let Pinnacle Airlines Corp. slash its pilots’ pay, but he apparently wants the decision to be a surprise to the 2,800 pilots affected by the ruling. ... Read full article

This week on The Broke and the Beautiful, actor Gary Dourdan is in bankruptcy, and Toni Braxton’s mansion is for sale. Also, prosecutors want Lenny “Nails” Dykstra to serve more time in the prison dugout. ... Read full article

Reuters Hostess Brands Inc., the maker of iconic treats such as Twinkies and traditional pantry staple Wonder Bread, said Friday it is shuttering its plants and will seek to liquidate the 82-year-old business. ... Read full article

Rick Chase/Associated Press This Monday, April 4, 2011, file photo shows Russell Wasendorf Sr. ... Read full article

Associated Press Hostess Brands Inc. announced Wednesday that it would move to liquidate its iconic baking business if striking union members didn’t return to work by Thursday evening. ... Read full article

Everett Collection AMF Bowling Worldwide Inc. and its unhappy junior lenders may differ on the path of the bowling alley operator’s restructuring, but they share a love of the game. ... Read full article

Overseas Shipholding Group Inc. filed for Chapter 11 bankruptcy protection as the tanker company looks to significantly reduce its debt burden. Read the article in Daily Bankruptcy Review. ... Read full article

Stan Honda/AFP/Getty Images Dudes of the world, mix up some White Russians and relax. AMF says its bankruptcy filing won’t halt bowling at its lanes around the U.S. ... Read full article

Bowling-center operator AMF Bowling Worldwide Inc. sought Chapter 11 bankruptcy protection Tuesday after reaching a deal with key creditors to restructure its debt. Read the Daily Bankruptcy Review article here . ... Read full article

A year into Jefferson County, Ala.’s historic bankruptcy, its elected leaders aren’t the ones who are fully in control of the case’s direction. Neither are the brightest attorneys hired by Wall Street banks to protect their $3.2 billion investment in the ... Read full article

Nearly two years after a “fierce” debate that “fizzled as quickly as it started,” University of Pennsylvania law professor David Skeel is arguing that the idea of giving states a way to file for bankruptcy remains relevant and necessary. In addition to ... Read full article

On this week’s The Broke and the Beautiful, MGM is back on the big screen with “Skyfall,” and Tupac’s virtual likeness has inspired TLC. Also, a museum dedicated to Wayne Newton got some bankruptcy financing. ... Read full article