Dewey Docket Dump: Fees, ‘Incentive’ Pay and a Looming Deadline
EPA Curious to know how much it costs to shut down a big, super-indebted law firm? ... Read full article
EPA Curious to know how much it costs to shut down a big, super-indebted law firm? ... Read full article
Investors that wound up at the bottom of the payment pileup in Tribune Co.’s bankruptcy raced to appeal a Monday order confirming the media company’s Chapter 11 plan. Read the Daily Bankruptcy Review article here . ... Read full article
A Chicago breast-cancer charity that helped patients cope with the disease long before pink ribbons and celebrity advocates entered the picture has shut down and filed for bankruptcy liquidation. ... Read full article
A bankruptcy judge Monday officially signed off on Tribune Co .’s Chapter 11 plan, endorsing final documents setting out the debt-for-equity swap that will make the media company property of hedge funds and banks. Read the Daily Bankruptcy Review article ... Read full article
Associated Press/Canadian Press It’s fish-in-a-barrel shooting season over at Nortel Networks Corp., with claims traders peppering ex-employees with offers to pay 70 cents, 80 cents or more for their bankruptc ... Read full article
Reuters J.P. Morgan Chase & Co. said senior management of Lehman Brothers Holdings Inc. ... Read full article
EPA Time out! The deadline has been pushed back for a proposed “clawback” settlement that was offered to more than 700 former partners of the bankrupt law firm Dewey & LeBoeuf LLP. ... Read full article
Can you believe it’s been a year since The Broke and the Beautiful first graced the blogosphere? On this week’s edition, former baseball star turned financial guru Lenny Dykstra pleads guilty to bankruptcy fraud. Also, Young Buck (who coincidentally ... Read full article
AFP/Getty Images A US Airways tail rest on the tarmac near an American Airlines plane at Ronald Reagan Washington National Airport in Arlington, Virginia on April 23, 2012. A ... Read full article
Latham & Watkins The app “The Book of Jargon: Global Restructuring” has more than 1,000 complicated terms translated into plain English. Do you drop phrase ... Read full article
Getty Images U.S. Airways Chief Executive Doug Parker speaks about a merger with AMR Corp. ... Read full article
It’s no secret that the corporate bankruptcy process is expensive. But government leaders of the Northern Mariana Islands found out that even the expense of getting thrown out of bankruptcy court has an eye-widening price tag. ... Read full article
Reuters So it’s been nearly a week since the team winding down the defunct law firm Dewey & LeBoeuf LLP ... Read full article
Nicholas Roberts/AFP/Getty Images Deutsche Bank AG has agreed to settle a long-running lawsuit with Lehman Brothers Holdings Inc. ... Read full article
An appellate panel has agreed to hear pleas from Wall Street banks who want power restored to John Young, the sewer expert who took over Jefferson County, Ala.’s, system when its leaders got tangled in a corruption scandal but who was ousted earlier this ... Read full article
Associated Press In this March 18, 2010 file photo, gallery owner Lawrence Salander, center, leaves New York Supreme Court with his son Jonah, right, and his attorney Charles ... Read full article
Tribune Co. won court approval of its Chapter 11 plan after a long and contentious bankruptcy proceeding, clearing the way to action before the Federal Communications Commission that will be anything but easy for the publishing and broadcasting operation. ... Read full article
Associated Press Louis Freeh Louis Freeh’s investigations pack a punch, but at $850 an hour the ex-FBI director doesn’t come cheap. ... Read full article
Depending upon your political views, Ayn Rand’s revolutionary character John Galt is either friend or foe. But we can offer an objective answer: he’s a debtor. A company named for the protagonist of Rand’s 1957 novel “Atlas Shrugged” filed for Chapter 7 ... Read full article
This week on The Broke and the Beautiful, Dwayne “The Rock” Johnson is accused of being a fraud “co-conspirator,” and “Real Housewife” counterpart Tareq Salahi’s lawsuit was thrown out. Also, rapper Young Buck’s possessions will be auctioned by the IRS. ... Read full article