WSJcomBankruptcyBeat

The Daily Docket: Judge Holds Off on Approving Hawker Deal With PBGC

01/18/13

A judge on Thursday held off approving a deal between Hawker Beechcraft Inc . and Pension Benefit Guaranty Corp. to scrap two underfunded Hawker pension plans, saying some pension recipients negatively affected by the proposal haven’t been properly notified. Read the Daily Bankruptcy Review article here.

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Author: Rothstein’s Success ‘Just Didn’t Seem Right’

01/17/13

It was seemingly overnight that a larger-than-life personality made a splash on the South Florida social scene, showing off his luxury cars, tailored suits and trophy wife as well as dropping big bucks on multiple charities and sports sponsorships.

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The Daily Docket: Tribune to Drop Suits Against Many Executives

01/17/13

Just out of bankruptcy, Tribune Co. intends to drop the bulk of some 170 lawsuits that targeted senior media executives who cashed in on the going-private deal that ruined the company’s finances. Read the Daily Bankruptcy Review article here.

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The Daily Docket: A123 Waits for Sale Approval

01/16/13
Associated Press

Government-backed battery maker A123 Systems Inc.

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A Lawsuit of a Natural Variety

01/15/13

Flowers Foods Inc. may have made a $390 million grab for parts of Hostess Brands Inc.’s bread business on Friday, but the two bakery companies haven’t always been BFFs.

In fact, Flowers and Hostess have clashed over one of the very brands they’re seeking to fold into the proposed transaction: Nature’s Pride bread.

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The Daily Docket: Hawker Strikes $600M Financing Deal

01/15/13

Hawker Beechcraft Inc. said it has struck a deal for $600 million in exit financing from lenders led by J.P. Morgan Chase & Co. to take it out of Chapter 11 protection. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Flowers to Kick Off Hostess Bread Bidding

01/14/13
Getty Images

Flowers Foods Inc.  is set to kick off bidding for most of Hostess Brands Inc.’s bread business, offering a total of up to $390 million for brands and other assets including Wonder Bread and Nature’

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The Broke and the Beautiful: Downton Abbey Edition

01/11/13

This week on The Broke and the Beautiful, “Downton Abbey’s” latest plotline has real roots in bankruptcy, and Starbucks is protesting Patrick Dempsey’s bid for Tully’s coffee shops. Broke also delves into the conundrum faced by designers who skyrocket to fame after creating first-ladies’ formalwear.

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Real-Life Bankruptcy Figures Into ‘Downton Abbey’ Plot

01/11/13
European Pressphoto Agency
The cast and crew of “Downton Abbey” at the 2011 Emmy Awards in Los Angeles.

The noble residents of “Downton Abbey” would do w

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