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The Daily Docket: AMR Seeks Exclusivity Extension

12/03/12
AFP/Getty Images

American Airlines parent AMR Corp. wants permission to control its own Chapter 11 case until March without the threat of rival proposals.

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The Broke and the Beautiful: Sean Quinn Edition

11/30/12

This week on The Broke and the Beautiful, Kevin Spacey may take on the role of Ireland’s former richest man on the big screen, and Young Buck got some alone time in prison. Also, a famous poster will be auctioned next month.

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Saab Freaks, Here’s an Auction for You

11/30/12
Jonathan Nackstrand/AFP/Getty Images

Saab might be going away, but loyal fans have a chance to get the

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The Daily Docket: Hostess Approved to Liquidate

11/30/12
The Republic/Associated Press

A judge gave Hostess Brands Inc.

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Lehman, MF Global Dominate October Claims Trading

11/29/12

October was a busy month for bankruptcy claims traders, dominated by the debt in the defunct financial firms of Lehman Brothers and MF Global.

According to a new report from claims-trading market operator SecondMarket, October saw 1,163 trades of $4.4 billion in claims. Lehman Brothers Holdings Inc. and MF Global Inc. accounted for 867 of those trades and $3.79 billion of their dollar value.

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The Daily Docket: Court Decision Spells Win for Vitro Bondholders

11/29/12

A U.S. appellate court on Wednesday upheld a bankruptcy court decision to reject Mexican glassmaker’s Vitro SAB’s controversial bankruptcy plan, a big win for bondholders that have been sparring with the company for years over its controversial debt restructuring. Read the Daily Bankruptcy Review article here.

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“Cluck You!” Foster Farms Sues Zacky

11/28/12

Zacky Farms has ruffled some feathers by starting to sell Zacky-branded chicken after having complied for 11 years with a promise not to use its logo on chicken, according to a bankruptcy court complaint filed against it.

So Foster Farms, another California poultry producer, which is known for its impostor chicken commercials, is suing Zacky Farms in what’s shaping up to be a giant chicken fight.

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Senator Proposes Law to Keep Stocking Stuffers Safe in Bankruptcy

11/28/12
Getty Images
Sen. Richard Blumenthal speaks during a press conference on Iran at the Capitol on Feb. 29.

A U.S.

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The Daily Docket: Union Wants Hostess to Relinquish Control of Bankruptcy

11/28/12
Reuters
Hostess employees strike in front of one of the bakeries in Los Angeles.

The union behind the crippling strike that Hostess Brands Inc.

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Everybody’s Talking About Twinkies

11/27/12
Reuters
Twinkies are pictured in this undated handout photo obtained Nov.
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