News Topic: WSJcomBankruptcyBeat

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Chemical manufacturer Vertellus Specialties Inc. filed for chapter 11 protection and is planning to auction its business. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Texas’s Goodrich Petroleum Corp. will ask a judge in Houston on Tuesday to sign off on its bankruptcy-exit plan, one of the final steps in concluding the oil and gas producer’s bankruptcy case. Houston-based Goodrich, which sought bankruptcy protection ... Read full article

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Atlantic City, N.J., is in the midst of a financial crisis that has been in the making for years. Increased competition and a host of unfortunate spending and hiring decisions have led to a state of affairs that currently features the nation’s highest ... Read full article

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Timothy Bennett has joined law firm Seyfarth Shaw as senior counsel in the firm’s corporate department. Mr. Bennett focuses on distressed and special situations sectors and has worked with brokerages, hedge funds and banks. He has experience in bankruptcy ... Read full article

The company behind brands like Fab laundry detergent and Rit dye, Phoenix Brands LLC, filed for chapter 11 protection to sell its business. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

On Thursday in Richmond, Va., a bankruptcy judge will hold a preliminary hearing on Alpha Natural Resources Inc.’s multibillion-dollar debt-repayment plan. ... Read full article

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The silver that Jeffrey Mark McMeel bought from Northwest Territorial Mint never arrived to his home in Washington, but the unorthodox method he chose to protect his investment has him facing sanctions in a Seattle courtroom on Friday. Since Northwest ... Read full article