News Topic: WSJcomBankruptcyBeat

M. Natasha Labovitz Bankruptcy attorney M. ... Read full article

This week on The Broke and the Beautiful, creditors of the Los Angeles Dodgers seek to hire investment bankers, Lenny “Nails” Dysktra pleads not guilty to indecent-exposure charges, and a special-effects company fades to black for good. ... Read full article

A federal judge ruled that the court-appointed trustee overseeing the liquidation of Thornburg Mortgage Inc. can move forward with a lawsuit against Barclays Capital Inc. over allegations that the bank made improper margin calls that helped drive the ... Read full article

Associated Press A wedding ring, college degree and a well-paying job: the American dream or a recipe for bankruptcy? ... Read full article

Federal Bureau of Investigation agents on Thursday raided the headquarters of a California solar-panel maker that filed for bankruptcy this week and left U.S. taxpayers on the hook for as much as $527 million. Read The Wall Street Journal story here . ... Read full article

Weighing legislation that would divert large corporate bankruptcy cases away from the two top courts that now handle most of that work, federal lawmakers heard testimony from an expert panel that largely countered the doomsday predictions from the legal ... Read full article

Mandel Ngan/AFP/Getty Images Next Jump Inc., the company Borders Group Inc. ... Read full article

Swedish labor union Unionen, representing about 1,000 unpaid employees at troubled Swedish car maker Saab Automobile AB, submitted an application for Saab Automobile’s bankruptcy Monday as its members still haven’t received their August wages. Read the ... Read full article

This week on The Broke and the Beautiful, Stephen Baldwin’s bankruptcy case has been canned, housewives are sweeping through the press, and both college and professional football are at the center of the bankruptcy spotlight. ... Read full article

Saab Automobile AB Wednesday filed for protection from its creditors in Sweden, in a move that buys time for the car maker to secure additional short-term funding to restart production, reports The Wall Street Journal. ... Read full article

Grounded from his corporate jet and facing accusations fraud, an entity controlled by Atlanta businessman William B. Johnson filed for bankruptcy protection Friday. Once the owner of the Ritz-Carlton Hotel chain, Johnson filed a Chapter 11 petition in ... Read full article

If you’re looking for economic optimism these days, you might not want to consult with those who focus on troubled companies. A top restructuring industry trade group found that six in 10 of its members expect the economy to double dip within 18 months, ... Read full article

Getty Images On the same day Borders Group Inc.’s rank-and-file employees sued over not receiving proper notice of their terminations, the failed bookseller asked to make six- ... Read full article

A bankruptcy judge signed off on Lehman Brothers Holdings Inc.’s deal to trim $3.7 billion from a claim tied to properties in London’s Canary Wharf financial district. Read the Daily Bankruptcy Review story here in The Wall Street Journal. ... Read full article

Don’t underestimate the maker of the Slip ‘N Slide. It may seem like it would be all fun and games to represent Wham-O Inc. , the Emeryville, Calif., manufacturer of some of your favorite childhood toys, including the Hula Hoop, the Hacky Sack, the ... Read full article

Kerner Optical LLC, a California special-effects company once controlled by director George Lucas, has shut its lights for good after seven months in bankruptcy. The Marin Independent Journal reported that Kerner’s demise partially stemmed from a ... Read full article

Associated Press The New York Giants football squad has punted its chance to have a $301.8 million claim against Lehman Brothers Holdings Inc. ... Read full article

Saab Automobile AB Thursday met new obstacles as a Swedish district court rejected the cash-strapped company’s application for bankruptcy protection. Read The Wall Street Journal story here . ... Read full article