WSJcomBankruptcyBeat

PowerWave Bankruptcy Further Delays D.C. Metro Wireless Expansion

02/22/13
European Pressphoto Agency

Top wireless companies have accused struggling PowerWave Technologies<

[more]

The Broke and the Beautiful: ‘Seventh Son’ Edition

02/22/13

This week on The Broke and the Beautiful, Rhythm & Hues needs money to finish some studio work, and the “father of Botox” is in trouble. Also, Curt Schilling’s famed bloody sock is finally at auction.

[more]

American Airlines Asks Not to Delay Antitrust Fight

02/22/13
Associated Press

American Airlines says Travelport Ltd. shouldn’t be allowed to delay a fast-approaching antitrust trial in which “billions of dollars” are potentially on the line.

[more]

Rhythm & Hues Looks to Finish ‘Seventh Son’

02/21/13
Legendary Pictures
Still from “Seventh Son”

Bankrupt special effects studio Rhythm & Hues said it can’t afford to finish the more than 200 scenes it prom

[more]

Daily Docket: Jon Corzine Could Face Lifetime Futures Industry Ban

02/21/13

A financial-industry regulator Thursday is expected to discuss the possibility of banning Jon S. Corzine for life from the futures industry, according to The Wall Street Journal.

[more]

Restructuring Pros Hold Out Hope for 2013

02/20/13

The Academy Awards are this weekend, but restructuring professionals have already picked a winner: “Life of Pi.”

The pros chose a quote from the movie—“Above all, don’t lose hope”—as the top sentiment for their profession in 2013, according to Weil, Gotshal & Manges LLP’s annual restructuring survey.

The tale of a boy marooned at sea with a live tiger is up for Best Picture and other awards at this Sunday’s Oscars, as are several other movies that figured into Weil’s survey.

[more]

The Daily Docket: Revel Casino Readies for Bankruptcy

02/20/13
Associated Press

Atlantic City, N.J.’s Revel casino is getting ready to file for bankruptcy, The Wall Street Journal

[more]

The Daily Docket: Readers Digest Enters Bankruptcy Again

02/19/13
Reader’s Digest/Associated Press

Reader’s Digest Association and six affiliates filed for Chapter 11 protection Sunday, the publisher’s second bankruptcy filing in 3 1/2 years.

[more]

Do Apologies Matter in Bankruptcy?

02/15/13
EPA

As financially stretched Americans prepare to plead for a bankruptcy judge to approve their debt-payoff plans, could adding a single word—“sorry”—help their case?

[more]