News Topic: WSJcomBankruptcyBeat

The Pension Benefit Guaranty Corp. is opposing Great Atlantic & Pacific Tea Co.’s plan to quickly sell and close a number of its stores, and so are some landlords. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Bloomberg News Ryan Kavanaugh, the chief executive of Beverly Hills-based Relativity Media LLC, isn’t holding back in defending his company’s business model and, by ass ... Read full article

The union representing mineworkers at Patriot Coal Corp. is challenging the company’s effort to reject a contract. Read the Daily Bankruptcy Review article here . ... Read full article

Curtis Jackson III, known as 50 Cent, walks to the Giaimo Federal Building in New Haven, Conn., Wednesday to attend a meeting with creditors.  Michelle McLoughlin for The Wal ... Read full article

An American Legion outpost in a rural New Mexico town might shut down, facing a bill from a woman who cleaned the social club’s gathering spot for months. The American Legion Bataan Post 4 in Deming, N.M., which has roughly 200 members, filed for ... Read full article

Del Frisco’s in Manhattan The Wall Street Journal The lawyers and executives at fallen law firm Dewey & LeBoeuf LLP sure knew how to eat. ... Read full article

A Komatsu Ltd. bulldozer dumps coal onto a pile at the Brooks Run Mining Co., owned by Alpha Natural Resources Inc., in Cucumber, W.Va., in January 2011. Jon C. ... Read full article

Companies loaded down with cheap debt could be in for a tough time refinancing it in coming years, according to a new report by Moody’s Investors Service. ... Read full article

Puerto Rico missed most of a $58 million bond payment Monday, marking the first default by the U.S. commonwealth and escalating its attempt to restructure about $72 billion in debt, The Wall Street Journal reported . The payment to bondholders is the ... Read full article

Rapper 50 Cent (R), whose real name is Curtis James Jackson III, exited a New York couurthouse last month after testifying in a sex tape lawsuit. ... Read full article

Dan Brenner for The Wall Street Journal Miners’ debt hole is deepening. ... Read full article

Alpha Natural Resources Inc., one of the largest U.S. coal producers, filed for chapter 11 bankruptcy protection on Monday to cut its more than $3 billion debt load, The Wall Street Journal reported . The Bristol, Va., company will likely sell some of its ... Read full article

This week on The Broke and the Beautiful, it’s all Relativity, Teresa Giudice sued her bankruptcy lawyer, and David Cassidy gave a tour of the house he’s putting up for auction. ... Read full article

On Tuesday in Manhattan, the trustee unwinding Lehman Brothers Inc. will ask a bankruptcy judge for permission to pay nearly $2 billion to the defunct brokerage’s unsecured creditors, which would be the third such distribution since he paid off the ... Read full article

This week, the Examiners took up the issue of suffering shoppers in retail bankruptcies. Many said bankruptcy law offers sufficient protections to customers when their favorite stores run into distress, though they acknowledged customers don’t always know ... Read full article

Ryan Kavanaugh, Relativity Media CEO, takes part in a panel titled “Can Hollywood Speak Chinese?” during the Milken Institute Global Conference in Beverly Hills, Calif., in April. ... Read full article

The Cathedral of St. Paul in St. ... Read full article

Several of Relativity Media LLC’s largest creditors have joined together in a stalking horse bid for the Hollywood studio that would see the exit of its founder and chief executive, said people familiar with the matter. Anchorage Capital Group LLC, Luxor ... Read full article