News Topic: WSJcomBankruptcyBeat

Reuters Jefferson County, Ala., is rallying to protect the settlement it received as a result of its disastrous sewer-debt deal from flowing back to Wall Street. ... Read full article

A bankruptcy judge told Young Buck to get straight out of Cashville. ... Read full article

Quiznos is reaching a deal to restructure about $870 million in debt, The Wall Street Journal reports . ... Read full article

A handful of hedge fund companies that specialize in buying up the distressed debt of bankrupt businesses are suing Delphi Automotive PLC and some of its biggest backers, claiming the newly public auto-parts supplier is shortchanging them on a potential ... Read full article

Environmentally friendly baby-bottle maker Green to Grow , loved by celebrity moms like Bethenny Frankel and Kelly Preston, is liquidating its business under Chapter 7 bankruptcy protection, according to court documents filed Friday. ... Read full article

The owner of several luxury resorts has won permission to place its Doral Golf Resort & Spa on the auction block, with a $150 million bid from Donald Trump’s hotel group leading the way. Read the Daily Bankruptcy Review article here . ... Read full article

A retired Los Angeles Dodgers pitcher is at the center of a $3 million dispute between the Major League Baseball team and insurance giant Hartford Life Insurance Co. ... Read full article

Cash-strapped Swedish car maker Saab Automobile declared itself bankrupt Monday, nine months after halting production due to a lack of funds. Read The Wall Street Journal story here . ... Read full article

Associated Press Office workers gather on the sidewalk in downtown Washington on Aug. ... Read full article

Oil-and-gas company Delta Petroleum Corp. filed for Chapter 11 protection with $57.5 million in bankruptcy financing lined up to fund its continued operations. Read the Daily Bankruptcy Review story here . ... Read full article

Associated Press The Army Corps of Engineers gets rid of debris in the tornado affected area of Walker, Ala., on May 31. Fearful of a future financial punch, Jefferson County ... Read full article

The trustee of defunct mortgage lender Thornburg Mortgage Inc.is renewing his attack against some of the biggest players on Wall Street’s mortgage-finance assembly line—including affiliates of J.P. Morgan Chase & Co., Citigroup Inc. and Credit Suisse ... Read full article

Associated Press Eva Longoria For Eva Longoria, art imitates life. ... Read full article

Washington Mutual Inc. unveiled a new proposed settlement with shareholders who have held up confirmation of its Chapter 11 plan and a $7 billion payday for creditors. Read the Daily Bankruptcy Review story here . ... Read full article

RoomStore Inc. filed for Chapter 11 protection Monday with plans to get leaner, but it’s not the furniture and bedding retailer’s first brush with bankruptcy. RoomStore, whose slogan is “We Don’t Cut Corners. We Cut Prices,” went into Chapter 11 along ... Read full article

The U.S. Supreme Court has opted to weigh in on one of the hottest topics in bankruptcy: whether lenders have the right to use debt as currency in bankruptcy auctions. Read the Daily Bankruptcy Review article here . ... Read full article

Newspaper publisher Lee Enterprises Inc. filed for Chapter 11 bankruptcy protection Monday in a bid to refinance nearly $984 million in debt that’s due to mature in the spring. Read the Daily Bankruptcy Review article here . ... Read full article

This week on The Broke and the Beautiful, “30 Rock” actor Alec Baldwin traded words with American Airlines flight attendants, and TLC gets a cool biopic. Also this week, an Australian Olympic hopeful is swimming in doubt about his chances for 2012. ... Read full article