News Topic: WSJcomBankruptcyBeat

Mrs. Fields is baking up a post-bankruptcy comeback, reinventing its shopping-mall counters to sell iced lattes alongside its white chocolate macadamia nut cookies and chocolate chip cookie cakes. Mrs. Fields emerged from its two-month-long Chapter 11 ... Read full article

Lehman Brothers Inc. Europe says the trustee winding down its U.S. counterpart could try to block European creditors from recovering $8.9 billion. But allowing such a claim has the potential to dilute recoveries for U.S. customers of Lehman Brothers ... Read full article

Chicago’s largest balloon seller has filed for bankruptcy protection, but owner Lee Kaufman insists the party isn’t over. At 100 years old, helium-filled balloon distributor M.K. Brody & Co. still turns a profit but blamed its financial unease on ... Read full article

News Corp.’s Fox Sports is protesting the Los Angeles Dodgers’ request to hire Blackstone Group to market the team’s media rights, setting up a potential battle with the broadcaster that, until recently, had been one of embattled owner Frank McCourt’s ... Read full article

Associated Press The Los Angeles Dodgers’ Chapter 11 filing might pick off one of its primary vendors: Fac ... Read full article

For one Florida company, it’s out with the citrus and in with the stone. Old Corkscrew Plantation LLC, which has thousands of acres of orange groves on its Florida property, doesn’t seem to have any immediate ideas for how to restructure the hefty debt ... Read full article

A Delaware corporate law judge gave Dynegy Inc. the green light Friday for a $1.7 billion restructuring designed to stave off bankruptcy, turning down Public Service Enterprise Group Inc.’s bid for an order to hold up the deal, Dow Jones Newswires reports ... Read full article

Hector Guerrero/AFP/Getty Images This week on The Broke and the Beautiful, Beso’s back in the news and football players are fumbling. ... Read full article

Alas, one of California’s most popular motocross-driven retail chains will ride on. A group of investors gathered under the new name Ryderz Compound Inc. has purchased nearly all of No Fear’s three dozen stores along the West Coast with plans to continue ... Read full article

As liquidators work to clear books from its retail shelves, Borders Group Inc. is preparing for a sale that could enable the bookseller’s brand to live on even after its stores go dark. Read the Daily Bankruptcy Review article here . ... Read full article

Melanie Cohen The bankruptcy trustee in charge of troubled Chicago pizza chain Giordano’s is suing most of the restaurant’s franchise owners, accusing them of conspiring t ... Read full article

Lehman Brothers Holdings Inc. struck a deal with WCAS Fraser Sullivan Investment Management LLC that will allow the failed investment bank to turn its $5.3 billion commercial-loan portfolio into cash. Read the Daily Bankruptcy Review story here . ... Read full article

Reuters Eva Longoria is used to the spotlight, but the latest request for the actress’s appearance doesn’t involve the red carpet. ... Read full article

Britain’s Supreme Court on Wednesday dismissed an appeal by units of Lehman Brothers Holdings Inc. and Bank of New York Mellon, a win for investors in a high-stakes legal dispute involving complex derivatives transactions that has divided courts on both ... Read full article

Associated Press Karl Turner, director of manufacturing for Think, leads a tour of the Think plant in Elkhart, Ind. It’s an electric car with more lives than a Jaguar. ... Read full article

Getty Images The total professional bill for General Motors’ bankruptcy case topped $110 million, but for a company of that size, the charges are astonishingly low, said Lynn ... Read full article

Partner at Davis Polk & Wardwell LLP. Graduate of Columbia Law School. Performed on “Saturday Night Live” with Tina Fey and Rudy Giuliani. ... Read full article

W.R. Grace & Co. lenders say a Philadelphia federal judge risks setting up a clash with the New York courts if he lets the specialty-chemical company exit bankruptcy without handing over an additional $140 million to them. Read the Daily Bankruptcy ... Read full article