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The Daily Docket: Longview Wins Approval to Fund Case

09/04/13

A bankruptcy judge said Longview Power LLC can use its lenders’ cash to fund its bankruptcy case and set up a showdown between the company and a group of contractors over disputed letters of credit. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Kodak Likely to Leave Chapter 11 Tuesday

09/03/13

Eastman Kodak Co. is likely to officially leave bankruptcy Tuesday, USA Today reports.

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The Broke and the Beautiful: Superhero Edition

08/30/13

This week on The Broke and the Beautiful, Detroit is getting some superheroes. Also, Girls Gone Wild founder Joe Francis earned some jail time, and well-wishers are putting together a legal defense fund for Teresa and Joe Giudice.

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The Daily Docket: Detroit Leaders Working to Secure Loan

08/30/13

Detroit lawyer Corinne Ball said that city leaders are “working mightily” to secure a loan. Read the Daily Bankruptcy Review article here.

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Dance Center Seeks Help Keeping Doors Open

08/29/13

Dance New Amsterdam, a nonprofit New York dance education and performance center, said it will close its doors for good if it doesn’t raise $50,000 by Friday.

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The Daily Docket: San Bernardino Wins Chapter 9 Eligibility

08/29/13

The city of San Bernardino, Calif., won approval to restructure in Chapter 9 bankruptcy protection, The Wall Street Journal reports.

A bankruptcy judge Wednesday confirmed K-V Pharmaceutical Co.’s Chapter 11 restructuring plan, which is based on a $275 million investment deal with a group of its junior bondholders. Read the Daily Bankruptcy Review article here.

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Detroit Retirees Tap Dentons

08/28/13
Rebecca Cook/Reuters
A group of AFSCME union city of Detroit worker retirees protest against any cuts in their pensions outside the city county building in downtown Detroit in
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The Daily Docket: Judge Tosses BofA Suit Against FDIC

08/28/13

A federal judge dismissed Bank of America Corp.’s $1.7 billion lawsuit against the Federal Deposit Insurance Corp., a win for the regulator in the long-running battle over who is ultimately on the hook for losses tied to the multibillion-dollar fraud at disgraced lender Taylor Bean & Whitaker Mortgage Corp. Read the Daily Bankruptcy Review article here.

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Tupac’s Mother Settles Claim Against Suge Knight

08/27/13
Associated Press
This 1993 file photo originally provided by Columbia Pictures shows rap musician Tupac Shakur in a scene from, “Poetic Justice.

The mother

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The Daily Docket: Overseas Shipholding May Owe IRS $460M

08/27/13

Overseas Shipholding Group Inc. Monday said it may owe $460 million or more to the Internal Revenue Service, a finding that is likely to upset its Chapter 11 bankruptcy case. Read the Daily Bankruptcy Review article here.

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