News Topic: WSJcomBankruptcyBeat

Global Aviation Holdings Inc. filed a restructuring plan that would hand ownership of its charter-airline service to its senior secured bondholders and cut its debt by about $168 million. Read the Daily Bankruptcy Review article here . ... Read full article

About 60 former Howrey attorneys are teaming up, and we’re not talking about a softball team. No, the attorneys—former contract attorneys and non-equity partners—have joined forces to protect themselves from potential lawsuits to recover the compensation ... Read full article

Agence France-Presse/Getty Images Hostess Brands Inc.’s second-largest union voted to reject a revamped labor deal, sending the company back to the drawing board as it scrambles to find a way out of bankruptcy. ... Read full article

This week on The Broke and the Beautiful, special-effects company Digital Domain has sunk into bankruptcy, and singer John Mayer is being targeted in a Ponzi-scheme lawsuit. Also, a record-label exec got $2 million from a lawsuit over “Whoomp! (There It ... Read full article

Reuters A US Airways plane passes American Airlines planes at Ronald Reagan National Airport in Washington in this April 23, 2012, file photo. American A ... Read full article

Associated Press Betsey Johnson goes into a split after doing a cartwheel on the runway after the Betsey Johnson Spring 2013 collection show during Fashion Week, Tuesday, Sept. ... Read full article

Associated Press A judge on Wednesday approved new collective-bargaining agreements between American Airlines’ parent and the unions representing its flight attendants and mechanics, an important but penultima ... Read full article

Getty Images A holographic image of Tupac Shakur is seen performing during the third day of the 2012 Coachella Valley Music & Arts Festival at the Empire Polo Field on April 15, ... Read full article

A New York judge on Tuesday grilled a lawyer representing Patriot Coal Corp.’s union workers over whether the company’s bankruptcy case should be moved to Charleston, W.V., home of most of Patriot’s coal mines. Read the Daily Bankruptcy Review article ... Read full article

Associated Press John Mayer performs on the NBC “Today” show in New York Friday, July 23, 2010. From running off his mouth ... Read full article

Digital Domain Media Group Inc . said it filed for Chapter 11 bankruptcy and agreed to sell its core business to private investment firm Searchlight Capital Partners LP for $15 million. Click here to read the article in DBR Small Cap. ... Read full article

Fun may indeed come first at Fundex Games Ltd. , but eventually someone had to take a look at the balance sheet. ... Read full article

The owner of several U.S. luxury resorts says it was “compelled” to offer controversial buyer protections to Singapore’s real-estate investment arm in order to secure its $1.5 billion bid. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, R&B singer Toni Braxton is talking about her bankruptcies on VH1, and Young Buck’s trustee is done trying to sell the rapper’s intellectual property. Also, the wife of Ponzi schemer Scott Rothstein is charged ... Read full article

A judge cleared Central Falls, R.I., to emerge from Chapter 9 protection with a plan that would forgive some of its debts and finalize cuts to its retirees’ pension plans. Read the DBR Small Cap article  here . ... Read full article

Reuters Toni Braxton performs on the final day of the 21st Annual St. ... Read full article

Journal Register Co., the publisher behind local newspapers such as the New Haven Register, is back in bankruptcy protection, three years after emerging from a previous Chapter 11 stint. Read the Daily Bankruptcy Review article via The Wall Street Journal ... Read full article

Losses bankrupt solar power equipment maker Solyndra LLC racked up during its brief existence could translate into more than $300 million worth of tax breaks for private equity backers in the future, new court papers say. Read the Daily Bankruptcy Review ... Read full article