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Freeh Reports Blasts Corzine for MF Global Losses

04/04/13

The bankruptcy trustee of MF Global Holdings Ltd. blames former Chief Executive Jon Corzine and his top aides for the broker-dealer’s collapse in a report filed Thursday. You can read the report here.

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Kevin Costner Sued in Bankruptcy Court

04/02/13
European Pressphoto Agency
Kevin Costner holds his Cesar of Honor as he poses for photographs at the Cesar awards ceremony held in Paris in February 2013.

A payment dispute

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The Daily Docket: Judge Allows Stockton to Stay in Chapter 9

04/02/13

A federal judge allowed Stockton, Calif., to restructure its finances under bankruptcy protection Monday, but he signaled it might have to cut payments to its pension fund, possibly setting a precedent for other cities. Read the Daily Bankruptcy Review article The Wall Street Journal.

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Bankruptcy Watchdogs Suspend Debtor Audits

04/01/13
Getty Images

When Congress overhauled the Bankruptcy Code in 2005, it directed bankruptcy watchdogs to ferret out fraud by auditing consumer debtors—audits those watchdogs can no longer afford.

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The Daily Docket: Hedge Funds Want Trustee to Take Over Patriot Coal

04/01/13

Two hedge funds are asking that an outsider take over Patriot Coal Corp. in order to extricate it from a bitter fight with its miners union. Read the Daily Bankruptcy Review article here.

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Emails Show Ex-Deutsche Trader Lippmann Wanted Lehman Derivatives

03/29/13
Bloomberg News
Greg Lippmann speaks during the Bloomberg Link Hedge Funds 2010 conference at the Guggenheim Museum.

Former

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The Broke and the Beautiful: Dionne Warwick Edition

03/29/13

This week on The Broke and the Beautiful, singer Dionne Warwick says a little prayer in bankruptcy, and a new book paints a foul picture of Lenny Dykstra. Also, actor Alec Baldwin is helping out Central Falls High School in its bid to enter a chess tournament.

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The Daily Docket: A123 Looks to Preserve Tax Credits

03/29/13
Associated Press

The shell of A123 Systems Inc. left behind in bankruptcy is seeking to preserve millions of dollars in tax credits with the state of Michigan.

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The Daily Docket: Judge OKs AMR Merger With US Airways

03/28/13
Associated Press

A bankruptcy judge said it would be “inappropriate” to approve a $20 million exit package for the outgoing chief executive of American Airlines parent

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