WSJcomBankruptcyBeat

Ex-National Lampoon CEO Too Poor to Appeal Conviction, Sentence

12/18/12
Associated Press/Los Angeles Times
Timothy Durham is taken into custody by FBI Agents at the Federal Building in Westwood, Calif., on Wednesday, March 16, 2011.
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The Daily Docket: Bond Insurers Say Stockton Doesn’t Need Bankruptcy

12/18/12

Wall Street bond insurers say Stockton, Calif., leaders overlooked cost-cutting measures and failed to raise taxes before putting it under bankruptcy protection. Read the Daily Bankruptcy Review article here.

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The Daily Docket: Edison Mission Enters Bankruptcy

12/17/12

Edison International's  Edison Mission Energy has filed for Chapter 11 bankruptcy protection after reaching a settlement with Edison International and certain of its senior unsecured noteholders. Read the article in Daily Bankruptcy Review.

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The Broke and the Beautiful: Short ‘n’ Sweet Edition

12/14/12

This week on The Broke and the Beautiful, celebs seem to be spending the holiday season away from bankruptcy, but we’ve got a few snippets for you. An anthropomorphized Ding Dong talks about Hostess on “Saturday Night Live,” and Toni Braxton has had some more troubles.

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The Daily Docket: NewPage Wins Chapter 11 Plan Confirmation

12/14/12

NewPage Corp. won confirmation Thursday of a Chapter 11 plan that shakes billions of dollars in debt off its balance sheet. Read the Daily Bankruptcy Review article here.

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Appeals Court Ruling Not End of the Road for Asarco, Barclays

12/13/12

Barclays Capital’s job advising Asarco LLC during its restructuring may have ended three years ago when the copper miner exited Chapter 11, but the investment banker can’t drive off into the sunset just yet.

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The Daily Docket: K-V Proposes Exit Plan

12/13/12

K-V Pharmaceutical Co. , which filed for bankruptcy this summer after running afoul of government regulators, has lined up a trio of investment firms to pay off a rival drug maker and to fund its exit from Chapter 11. Read the Daily Bankruptcy Review article here.

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Big Mac Bankruptcy

12/12/12
Paul J. Richards/AFP/Getty Images
A photo of a partially eaten McDonalds’ Big Mac hamburger atop french fries.
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The Daily Docket: Judge Approves A123 Sale

12/12/12

A federal judge on Tuesday approved the sale of A123 Systems Inc., the government-backed battery maker that has yet to turn a profit, to China’s Wanxiang America Corp. for $256.6 million. Read the Daily Bankruptcy Review article here.

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The Daily Docket: LifeCare Enters Bankruptcy

12/11/12

LifeCare Holdings Inc. and affiliates, a hospital chain backed by the Carlyle Group, filed for Chapter 11 bankruptcy protection Tuesday. Read the Daily Bankruptcy Review article here.

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